Financial Independence Daily FI discussion thread - Thursday, November 18, 2021

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• Daily FI discussion thread - Thursday, November 18, 2021
• Real estate is the best vehicle for financial independence change my mind
• Happy Cakeday, r/financialindependence! Today you're 10

Daily FI discussion thread - Thursday, November 18, 2021 Posted: 18 Nov 2021 02:02 AM PST Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply! Have a look at the FAQ for this subreddit before posting to see if your question is frequently asked. Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. submitted by /u/AutoModerator [link] [comments]

Real estate is the best vehicle for financial independence change my mind Posted: 17 Nov 2021 06:00 PM PST I myself own several rental properties, I get about 15% annual cash yield (on cash invested) and a steady increase in equity. I've been on this sub Reddit a while and I can't help but notice that real estate is constantly put down as the go to vehicle to reach financial independence. Real estate is what helped me reach fire despite my measly salary (leveraging credit at first), a lot of folk on here talk about making 150k-200k then immediately the convo goes into index funds… for those that aren't making that kind of money the little cash you have is best used leveraging credit and buying rental property . Everyone not making 200k a year should listen to this . If I'm mistaken let me know submitted by /u/Philosothink [link] [comments]

Happy Cakeday, r/financialindependence! Today you're 10 Posted: 10 Nov 2021 07:15 AM PST Let's look back at some memorable moments and interesting insights from last year. Your top 10 posts: "What do you do that you earn six figures?" by u/fidgit86 "If you make a decent income, it becomes all about lifestyle creep." by u/ScarletInked "Officially retired at 27" by u/Hitler_wuz_socialist "You'll get bored." by u/BaraLover7 "What FI means for a janitor" by u/milkmanbran "[META] This sub has been far too negative lately. Financial Independence is deeply personal: It looks different every time. We need to respect that." by u/Terrik27 ""Spend extravagantly on things you love, and cut mercilessly on things you don't."" by u/wereallyalive "Money isn't the only thing that compounds" by u/spacemonkeyzoos "Don't get a Second Job" by u/Optionsnewbie455 "TikTok has opened my eyes to how many "personal finance gurus" are out there providing awful long term advice" by u/HenloLezard submitted by /u/AutoModerator [link] [comments]

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