A friend reached out to me the other day. We've traveled around in blogging circles since I started around 2006. Back then I was obsessed with peer-to-peer lending (P2P lending). I had convinced myself that I could lend money to people at 20%+ or more and make 15% on average after defaults. With the trusty exponent button on my calculator, compound interest of 15% quickly turned into enormous wealth. Unfortunately, many more people defaulted … [Read More...]
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When 92% Isn’t Enough
Every few days, I get a test back from my kids' school. Either I'm really spoiled or the tests are too easy. It may be a combination of both. They do well at school, so they probably get 96% on average. I figure that because they are in the first and second grade the school is building confidence in them. Over the long term, they won't always get A's. They probably won't even get A minuses. Competition gets greater and the pressure to be … [Read More...]
Lazy Man Goal Update (April 2021)
I usually don't do two personal updates in a row, but that's the way the editorial calendar bounces, crumbles, flows, I guess. On Friday, I published my March Passive Income report. I really like how that update keeps me focused on passive (or passive-ish) income and gives me a chance to share with you a slice of life (This is usually a bunch of pictures of kids and things that we did). That update doesn't cover mid or long-term goals. I … [Read More...]