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Tag: Financial Independence

Our Savings Rate in 2020

Our Savings Rate in 2020

I’m always looking forward to the beginning of a new year but 2021 deserves special recognition. This past year was filled with lots of challenges but we remain grateful and optimistic for a brighter future. Don’t get me wrong, we are definitely not out of the woods but I would like to believe that the worst has passed.

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Turnkey Real Estate Investing: An Option For Out-of-State Investors

Turnkey Real Estate Investing: An Option For Out-of-State Investors

We’ve always been fascinated by real estate investing. It is an asset class that offers the opportunity for diversification, appreciation, and cash flow generation. No wonder many in the community decide to pursue it to accelerate the path for achieving Financial Independence.

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Why We Decided To Start An Emergency Fund

Why We Decided To Start An Emergency Fund

We were skeptical of having an emergency fund. Our reasoning was simple, parking our money in an online saving account meant losing value to inflation. In addition, we had other buckets we could tap into in case of an emergency. That was our thinking until Q1 of 2020 when a black swan decided to knock on our door.

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A Closer Look at Our Investment Portfolio

A Closer Look at Our Investment Portfolio

This post will take a closer look at our investment portfolio. The purpose is not to influence your decision on investment options or to suggest you should follow our approach. The intention is to share a strategy that we’re comfortable with and works for us.

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My Experience at CampFI

My Experience at CampFI

A couple of weeks ago I was fortunate to experience CampFI for the very first time. I remember hearing about it on the ChooseFI podcast and felt instantly hooked. CampFI has taken place in really cool destinations; however, the Rockies had never been home of this event.

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Over-Optimization … Time for an Intervention?

Over-Optimization … Time for an Intervention?

As an engineer, I love to get data, analyze it, create models and based on my findings support decisions that influence the bottom line. This is all great; however, we usually get carried away and move into execution mode without spending the right amount of time defining and understanding the problem statement. As a result, time is wasted and lack of decisions lead to an overarching feeling of frustration.

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Resolve to Make Tomorrow Better

Resolve to Make Tomorrow Better

Last year was without a doubt, one of the most challenging ones in my professional career. As a team, we accomplished major goals, but more importantly, we made significant strides on key initiatives that will set us up for success in the new year. While this is all great news, as an outsider, you might think that I should be nothing but proud of 2018. Don’t get me wrong, I am; however, I can’t avoid feeling frustrated, exhausted, tired, burned out and in need of a sabbatical.

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Think About Your Response to Failure and Consider Failing Forward

Think About Your Response to Failure and Consider Failing Forward

Failing Forward in Personal Finance

Life is not perfect and in all honesty, it was never meant to be. We certainly control what we can control in hopes of influencing our destiny but sometimes we get hit by events that can have positive or negative effects. Whether these situations have long-lasting effects or not, depends entirely on us but more specifically on our behaviors and the way we proceed when handling them. However, I truly believe the most important thing we can do is to take the time to learn so that we can at least fail forward.

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