is anyone out there financially free ??
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From: San Francisco
I've read Robert Kyosaki's books as well. I find them to be more motivational then "how to." Bottom line is that real estate investments will provide continuous income even when you retire. That's easy to understand. The hard part is saving up the downpayment for that first property.
I've been trying to do that, but living in CA, it's pretty damn hard if you want a house.
Read Rich Dad Porr Dad if you want to start turning your life around.
I've been trying to do that, but living in CA, it's pretty damn hard if you want a house.
Read Rich Dad Porr Dad if you want to start turning your life around.
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From: Calgary, AB
I've never been "broke" - but I live an expensive lifestyle, at least for a 19 year old. I've almost never been able to save money... but if it is for something I really want, I'll make it happen (saving for a down payment on a house for example... going to start doing that in a month or two).
Basically, I want to have as much fun as I can, as early in life as I can. This includes me wanting to have expensive toys (I want an NSX, and I hope to buy one as soon as my S2000 is paid off)... I think if I continue on my current track, it is fairly likely I could pull it off.
But at the same time, I have this other side that says I really should plan to become financially secure... but I'd rather not worry about that til my mid-20's.
Basically, I want to have as much fun as I can, as early in life as I can. This includes me wanting to have expensive toys (I want an NSX, and I hope to buy one as soon as my S2000 is paid off)... I think if I continue on my current track, it is fairly likely I could pull it off.
But at the same time, I have this other side that says I really should plan to become financially secure... but I'd rather not worry about that til my mid-20's.
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From: Ottawa
Originally posted by koala
But at the same time, I have this other side that says I really should plan to become financially secure... but I'd rather not worry about that til my mid-20's.
But at the same time, I have this other side that says I really should plan to become financially secure... but I'd rather not worry about that til my mid-20's.
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From: Calgary, AB
Originally posted by Konowl
It could be too late by then though...
It could be too late by then though...
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From: Ottawa
Originally posted by koala
Possibly... but I make pretty good money. All I need to do is stop spending as much as I do... not to mention my income will increase each year, not too concerned in that area...
Possibly... but I make pretty good money. All I need to do is stop spending as much as I do... not to mention my income will increase each year, not too concerned in that area...
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From: Ottawa
Ok, here is a general question....
What books would you recommend to get started in not only Real Estate Investing but investing in general? Reading some online forums, I don't understand 90% of the terminology right off the bat, which puts me at a severe disadvantage. I'm looking for basic beginner books that would discuss Real Estate Invensting from a beginners point of view, and one that would be applicable from a Canadian perspective (tax purposes etc). I read a bit of the Rich Dad books, didn't really pick up much but I was just browsing in Chapters. It seemed more of a "this is what you can do" instead of "this is how you go about doing it" but perhaps I just didn't spend enough time with the book and chose a poor chapter to start in.
Thanks in advance.
What books would you recommend to get started in not only Real Estate Investing but investing in general? Reading some online forums, I don't understand 90% of the terminology right off the bat, which puts me at a severe disadvantage. I'm looking for basic beginner books that would discuss Real Estate Invensting from a beginners point of view, and one that would be applicable from a Canadian perspective (tax purposes etc). I read a bit of the Rich Dad books, didn't really pick up much but I was just browsing in Chapters. It seemed more of a "this is what you can do" instead of "this is how you go about doing it" but perhaps I just didn't spend enough time with the book and chose a poor chapter to start in.
Thanks in advance.
