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It feels like just yesterday that I laid out my Five Year Plan for achieving what I deemed “Semi-Financial Freedom”. At the time I had a general idea of the direction I wanted to go with my investments but felt I lacked structure. As a result, I wasn’t...
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January 2, 2019 Get Rich Brothers
Five Year Plan, Investing
A year and half ago (August 2015) I announced my Five Year Plan to achieve what I dubbed at the time to be “Semi-Financial Freedom” (SFF). What this implies is having reached a point in life where a large number of lifestyle expenses are covered by passive income...
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February 6, 2017 Get Rich Brothers
Five Year Plan
In my earlier years, I never believed in using the beginning of the year to set goals. I preferred to take things as they come. Since taking an interest in personal finance, however, I’ve learned to appreciate setting milestones. You can’t hit the target if you don’t have...
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January 3, 2017 Get Rich Brothers
General, Investing
“Youth is wasted on the young.” – George Bernard Shaw The older I get, the more I notice changing seasons. When we’re young we truly take for granted that our lifespan will continue on forever. There will always be tomorrow to finish what we left undone today. There...
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March 3, 2016 Get Rich Brothers
Philosophy
When an investor makes a loan, they typically expect the recipient to pay interest to compensate for use of the money. So, on a loan of $200 with an interest rate of 10%, the investor would be paid $20 of interest. As much as receiving 10% on a...
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January 15, 2016 Get Rich Brothers
General, Investing
We’ve all heard the question. Getting this close to the holiday season means being bombarded with questions from family, friends, and even downright strangers regarding our spending habits. Everyone wants to know whether you’re giving or whether you’re Scrooge. There is no in between for so many. How...
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December 17, 2015 Get Rich Brothers
General, Philosophy
It is commonly accepted wisdom that to improve at a given vocation, taking on a mentor who has done it before themselves is a beneficial endeavour. In the absence of a mentor to coach oneself directly, it is likewise advantageous to observe and mimic the behaviour of experts....
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November 26, 2015 Get Rich Brothers
Investing
The hardest part of learning any new skill is getting started. Time and time again when I am discussing the concept of financial independence with interested parties, they say they feel lost from the outset because they simply have not learned the language. As such, we would like...
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October 16, 2015 Get Rich Brothers
General
As you may well know by now, one of my great passions is personal finance. I love building lifelong streams of income that will take care of me even when I no longer work myself. What you may not know about me is that I also love running....
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September 21, 2015 Get Rich Brothers
General
We have witnessed an exciting summer on the investing front. Markets have been oscillating between extremes as the banter has continued regarding a potential default in Greece, the Chinese slowdown situation, among other headlines. Today alone witnessed a 1,000 point drop in the Dow which is, as it turns...
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August 24, 2015 Get Rich Brothers
Investing