Failed Goal: Laplace Demon, Survival Bias, Survival Game

I failed. My goal was to have all of my credit card debt paid off by this time and I haven’t. I still have about $16,000 left to pay. Bummer. The problem is that I am not a Laplace Demon. You see a Laplace Demon can predict the future by understanding all the movements of things using Newtonian physics. If I was to know all of the positions and velocities of the Universe……. Continue reading “Failed Goal: Laplace Demon, Survival Bias, Survival Game”

Multimillionaire Mind: The 5 Stages of Wealth

 

 

 

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More than a decade ago I read the Idiots Guide to Getting Rich. The book primarily spoke about stock investing rather than real estate but the one thing that stood out from the book was introducing the 5 stages of wealth. I currently measure my wealth building by those 5 stages and now I wish to share it! Here they are: Continue reading “Multimillionaire Mind: The 5 Stages of Wealth”

Being Wealthy and a Bum are the same thing? Say what?!?!

Being a bum is the same as being wealthy. I know what your saying. Your crazy! But believe it or not, it’s true. Being wealthy and being a bum on the streets share one common trait. More freedom than the rest. Continue reading “Being Wealthy and a Bum are the same thing? Say what?!?!”

Dogs: A Landlord’s Perspective

Dogs, doggy, scooby doo. They are cute and mean. The are lovable and smell. They keep us mentally healthy but need a lot from us. They shit and pee. I have a doggy. She shits and pees all the time. When they are young sometimes they poo and pee on you! On a rental property its a gamble, a crap shoot, a roll of the dice. Should I accept a doggy or not? Continue reading “Dogs: A Landlord’s Perspective”

Multimillionaire Journey: Net Worth 1

Every month or so I track my net worth. I go through all my assets with value and subtract it by all my liabilities. Usually I would do it on a notebook I have full of strange ideas and realistic goals. Now that I have this blog….I will be doing it here. Here we go: Continue reading “Multimillionaire Journey: Net Worth 1”