- Investing Journal
- Posts
- All Personal Finance Books Are Wrong 😳 Should You Buy Crypto In 2022? 🤑 Real Estate Investing 🏘️
All Personal Finance Books Are Wrong 😳 Should You Buy Crypto In 2022? 🤑 Real Estate Investing 🏘️
Plus: Is passive income really passive?
💸
Financial Independence
All the Personal-Finance Books Are Wrong (4 minute read)James Choi, a professor at Yale University, was interested in teaching a different kind of personal-finance course. He wanted his curriculum to mix the conclusions of technical economics papers with the takeaways from glitzy best-selling books. He realized that the most popular books tended to offer finance tips that were either significantly different from academic research or, in his words, “just dead wrong.”
Is Passive Real Estate Really Passive? (4 minute read) | (16 minute listen)Many people agree that passive real estate is a great way to create additional streams of income. Although some are understandably intimidated by the idea of managing multiple properties, finding tenants, and making repairs. If the goal is to truly create passive income, then they determine that real estate really isn't an option. In this episode, Dr. Peter Kim dives into the age-old question: is “passive” real estate investing really passive?
📈
Investing
European shares, euro jump on Ukrainian advances in northeast (8 minute read)European shares jumped on Monday after Ukrainian forces made a rapid advance in Kharkiv province in Russia's worst setback since its Kyiv push was abandoned in March, while the euro extended on last week's European Central Bank inspired gains.
Private Real Estate Investing: Seven Takeaways After Five Years (12 minute read)Receiving $122,423 in private real estate distributions is a significant amount for us. It can happily provide for my family of four in expensive San Francisco for a good period of time. As a result, I do want to share some thoughts about long-term private real estate investing with platforms such as Fundrise. 1) Investing is a temporary expense......
Crypto Has Been Through the Wringer in 2022: What Now? (5 minute read)Cryptocurrencies, or digital assets, have gone through a lot of turmoil so far in 2022. Since their high-water mark in late 2021, major assets like Bitcoin and Ethereum have seen dramatic pullbacks in prices. These pullbacks created a chain reaction in other areas of the digital asset market, which ultimately led to the bankruptcy of several crypto platforms. As an investor, how should you approach crypto now?
How crowdfunding for real estate really works (4 minute read)At its core, crowdfunding means pooling money together from a group of investors to make an investment. In this sense, crowdfunding has existed in real estate for centuries. The major difference between collective real estate investing of the past and crowdfunding for real estate today is the ability to transact online and the unparalleled access to deal flow by using the internet as the new distribution platform.
💻
Top FI/RE Reddit Posts
🐥
Best of FI/RE Twitter
#1
Ever wonder what it’s like to have a net worth of $100M+?
I read through the “Confessions of a Hectomillionaire” on the FATFire Reddit.
Here’s what that life is like:
(It's not what you think)
— Michael Karnjanaprakorn (@mikekarnj)
12:15 PM • Sep 10, 2022
#2
HUGE WEEK AHEAD GET READY
CPI COMES OUT ON TUESDAY
MBA MORTAGE APPLICATIIONS COMES OUT WEDNESDAY
PPI COMES OUT WEDNESDAY
JOBLESS CLAIMS THURSDAY
RETAILS SALES THURSDAY
U. OF MICH SENTIMENT, 1 YR 5-10 INFLATION NUMBERS ON FRIDAY
+ MANY MANY MORE
— Gurgavin (@gurgavin)
2:17 AM • Sep 12, 2022
#3
1/
Get a cup of coffee.
In this thread, I'll walk you through the P/E Ratio.
Why do some companies trade at 5x earnings and others trade at 50x earnings?
When I first started investing, this was hard for me to understand.
So, let me break it down for you.
— 10-K Diver (@10kdiver)
12:44 PM • Sep 11, 2022
🧠
Wisdom Of The Week
Choosing individual stocks without any idea of what you're looking for is like running through a dynamite factory with a burning match. You may live, but you're still an idiot.
Thanks for reading, if you enjoyed, tell your friends!