Rebounding from His “Worst Financial Decision” to Quit at 38 скачать в хорошем качестве

Rebounding from His “Worst Financial Decision” to Quit at 38

Episode #557 Support today’s show sponsor, BAM Capital, your path to generational wealth with premier real estate investment opportunities: https://www.biggerpockets.com/bam Episode Show Notes: https://link.chtbl.com/Money Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... Buy the Book “Rich Dad Poor Dad”: https://store.biggerpockets.com/produ... See Mindy and Scott at BPCON2024 in Cancun! https://www.biggerpockets.com/events?... BiggerPockets Real Estate 955: BiggerNews: Real Estate vs. Stocks, the Ultimate Wealth-Building Debate: https://www.biggerpockets.com/blog/re... Connect with the hosts, Scott and Mindy: Scott: https://www.biggerpockets.com/users/s... Mindy: https://www.biggerpockets.com/users/m... Have you ever made a poor financial decision? You’re not alone! But can a bad blunder disqualify you from FIRE? Today’s guest made a huge investment at the worst possible time, a move that had consequences a decade later. Despite this, he was still able to reach early retirement in just fifteen years! Welcome back to the “BiggerPockets Money” podcast! Ryan Connell had a picture-perfect start to his financial independence journey—saving money at a young age and living well below his means. But then 2007 arrived, and Ryan made the “worst financial decision” of his life. He bought a house just weeks before the housing market began its historic collapse. But a move that could have derailed his quest for FIRE proved to be a minor setback because Ryan was still able to retire at the age of thirty-eight! In this episode, you’ll learn why you should treat real estate as less of a “sure thing” and more like the stock market. Ryan discusses his current portfolio, which consists of 100% index funds, and what led him to pivot from real estate investing entirely. He even gives us a peek into the average day as an early retiree and shares why he has never had a FIRE number! 00:00 Intro 02:02 Buying a House...in 2007 09:42 Digging His Way Out 18:46 Ryan’s Journey to FIRE 28:25 Saving TOO Much? 35:00 Life After Early Retirement 40:49 Find Freedom Faster!