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Blazing a Trail Towards Financial Independence

Blazing a Trail Towards Financial Independence

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Retirement

Net Worth Update 30 – Max Q

June 4, 2020 by Mr. Heartland on FIRE

Max Q is a state in the aerospace industry where a rocket reaches its maximum dynamic pressure. It puts the rocket at the very edge of its design capacity. In some respects, May felt that way. There was (and still is) a lot going on. There is never a dull moment! With that in mind, how did we do?

[Read more…] about Net Worth Update 30 – Max Q

Filed Under: DIY, FI Progress, Retirement, Savings, Uncategorized Tagged With: Investment Performance, Net Worth, personal finance

Net Worth Update 29: Bizarro World

May 7, 2020 by Mr. Heartland on FIRE

This year seems like an extended episode of the Twilight Zone. Every day something new and extremely weird seems to crop up. Often times things seem to be completely out of sync. Take the stock market for instance: the economy is essentially frozen, millions upon millions are unemployed, people aren’t paying rent and there is an oil price war… yet the market surged upward in April. With that in mind, how did we do?

[Read more…] about Net Worth Update 29: Bizarro World

Filed Under: FI Progress, Retirement, Savings, Uncategorized Tagged With: Investment Performance, net worth update, personal finance

Net Worth Update 26: Back At It

February 6, 2020 by Mr. Heartland on FIRE

It’s time for our first Net Worth Update of the year… wait, the Decade! We made substantial progress in the last few years of the 2010s after wondering in the financial wilderness for the first half. I am excited to see how far we can go with a whole decade (and compounding) to work with.

But first things first… how did we do in January?

[Read more…] about Net Worth Update 26: Back At It

Filed Under: Cost Cutting, DIY, FI Progress, Retirement, Savings Tagged With: Investment Performance, Monthly Savings, Net Worth

Net Worth Update 24: Two Years Down

December 5, 2019 by Mr. Heartland on FIRE

The turkey is picked clean and all the leftovers are finally gone. I’ve loosened up my belt a notch or to. It must mean November has come to a close. Did we stuff our savings as much as we stuffed our faces?

[Read more…] about Net Worth Update 24: Two Years Down

Filed Under: FI Progress, Retirement, Savings, Uncategorized Tagged With: Investment Performance, Monthly Savings, Net Worth

Cash or Finance – How Should I Buy Rental Property?

November 21, 2019 by Mr. Heartland on FIRE

I have an infatuation with real estate. I love researching and working on houses. As part of this interest, rental real estate is something I want to incorporate into our investment strategy. We currently have one rental property, which is the first home I bought and just never sold. But I want more. The “relatively passive” income from real estate is very appealing. The sooner we can get the rental snowball rolling the better the benefits will be.

I’ve been debating whether we should purchase the next one with all cash or by financing. I figured I might as well put my thought process out on the blog for transparency.

[Read more…] about Cash or Finance – How Should I Buy Rental Property?

Filed Under: Annual Planning, DIY, FI Progress, Retirement, Smart Spending, Uncategorized Tagged With: Buying with Cash or Finance, Real Estate Analysis, Real Estate Investment

Net Worth Update 23: Shaking It Up

November 7, 2019 by Mr. Heartland on FIRE

The leaves are falling and the trick or treating is in the books. October has come and gone. Were our finances as spooky as the Halloween decorations?

[Read more…] about Net Worth Update 23: Shaking It Up

Filed Under: DIY, FI Progress, Retirement, Savings, Uncategorized Tagged With: Investment Performance, Monthly Savings, Net Worth

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