2Birds1Stones' 28 month hustle to freedom!

Where are you and where are you going?
2Birds1Stone
Posts: 79
Joined: Thu Nov 19, 2015 11:20 am

Re: 2Birds1Stone's 29 month hustle to freedom!

Post by 2Birds1Stone » Wed Nov 22, 2017 10:49 am

Today I downloaded Duolingo to begin learning spanish.

Many of the places I want to visit or live in are native spanish speaking countries.

2Birds1Stone
Posts: 79
Joined: Thu Nov 19, 2015 11:20 am

Re: 2Birds1Stone's 29 month hustle to freedom!

Post by 2Birds1Stone » Mon Nov 27, 2017 7:34 am

I've been reading Michael McClungs "Living Off Your Money: The Modern Mechanics of Investing During Retirement with Stocks and Bonds" and find it excellently written, covering topics that are often discussed here.

I highly recommend it, and the first3 chapters (100 pages) are available for free.

https://www.amazon.com/Living-Off-Your- ... 0997403411

LiberateMind
Posts: 118
Joined: Fri Oct 26, 2012 8:18 pm

Re: 2Birds1Stone's 29 month hustle to freedom!

Post by LiberateMind » Mon Nov 27, 2017 10:32 am

Thanks for the recommendation. Where can one find the first 100 pages? Amazon is not showing.

2Birds1Stone
Posts: 79
Joined: Thu Nov 19, 2015 11:20 am

Re: 2Birds1Stone's 29 month hustle to freedom!

Post by 2Birds1Stone » Mon Nov 27, 2017 11:41 am

LiberateMind wrote:
Mon Nov 27, 2017 10:32 am
Thanks for the recommendation. Where can one find the first 100 pages? Amazon is not showing.
http://livingoffyourmoney.com/download/1160/

2Birds1Stone
Posts: 79
Joined: Thu Nov 19, 2015 11:20 am

Re: 2Birds1Stone's 29 month hustle to freedom!

Post by 2Birds1Stone » Sat Dec 02, 2017 8:38 am

November Update

Assets
$111,900 Cash Moolah
$87,600 401k
$49,000 Taxable
$47,700 Roth IRA
$15,500 Ag Holdings
$13,100 Vehicle
$13,400 HSA
$10,800 Au Holdings
$349,000 Total Net Worth (+$8,500)

Expenses
$550 Rent/Utility
$95 Grocery
$150 Gas
$320 Entertainment
$50 Cell
$51 Misc
$155 Gifts
$1,371 Total Spend

Income
$1,750 Salary
$4,150 401k
$480 HSA
$1,000 Other (primarily gifts)
$7380 Total Income

81% Savings Rate(kiss that goodbye in december)

Musings

Good month in terms of spending, ok month in terms of income and gains.

Things are moving in the right direction.

MDFIRE2024
Posts: 370
Joined: Fri Jan 06, 2017 5:09 pm
Location: Germany

Re: 2Birds1Stone's 29 month hustle to freedom!

Post by MDFIRE2024 » Sat Dec 02, 2017 1:25 pm

Hi 2Birds1Stone. That is great progress. Your Savings Rate is quite high!
Thank you for the recommendation for "Living off your money". I read it and find "Prime Harvesting" quite useful appliable. What are your thoughts about the book? Do you want to apply some principles from it, or do you even apply them today?

LiberateMind
Posts: 118
Joined: Fri Oct 26, 2012 8:18 pm

Re: 2Birds1Stone's 29 month hustle to freedom!

Post by LiberateMind » Sat Dec 02, 2017 10:11 pm

2Birds1Stone wrote:
Mon Nov 27, 2017 7:34 am
Thanks.

2Birds1Stone
Posts: 79
Joined: Thu Nov 19, 2015 11:20 am

Re: 2Birds1Stone's 29 month hustle to freedom!

Post by 2Birds1Stone » Tue Dec 05, 2017 2:29 pm

MDFIRE2024 wrote:
Sat Dec 02, 2017 1:25 pm
I have not yet begun to implement much of it as it deals with spending down wealth, but it provides a lot of food for thought on how one would want to allocate investments during accumulation to support many of his ideas. Whether through asset allocation, fund placement, CD ladders etc.

I love learning about these topics, I feel like it helps me to grasp concepts and their implementation way before I will actually need to.

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