March 2021

Private Lending – How We Evaluate Potential New Deals

– Posted in: Lending
woman handing over money and signing a piece of paper

Our current portfolio is mostly traditional investments, including paper assets and rental real estate. However, we currently have about 5% of our money in two private loans: one to fund a fix and flip; and another to fund a growing start-up. We have considered other alternative investments (such as a coffee farm in Panama or special use facilities, like assisted living), but so far we have passed. Recently, we have [...]

How To Prevent A Layoff From Destroying Your FIRE Plan

– Posted in: Career
Man talking on cell phone and looking at tablet

If you have a job at a high enough salary that you can save a high percentage of it each year, you can calculate how long it takes for that savings pool to eventually grow large enough that it equals years of take-home pay. For example, if your net salary is $100,000, and you frugally live off of $30,000, you can bank $70,000 each year. Say that your salary just [...]

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