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#759: My Bank Account Hit Zero … Then I Got Rich — with Jaspreet Singh of Minority Mindset
Jaspreet Singh bought his first rental property at 19: a foreclosed condo in metro Detroit, listed for $8,400, that had originally sold for $150,000. He was a college student who had read that wealthy people own real estate, and that was about all he knew about how to build wealth. His third property nearly broke…
#758: Q&A: “I’m 26 and No Longer Motivated by Money. Am I Unemployable?”
“You’re ready for career change now.” That’s what I told Lucas near the end of this episode. He’s 35, he and his wife have two young kids (including a daughter with special needs), and he’s weighing a career change from IT consulting into financial planning that would cut his income by roughly 60%. Before we…
#757: Steve Jobs Hated the Name “Genius Bar.” How He Came Around, with Ron Johnson
On the morning Apple opened its first stores, Ron Johnson called Steve Jobs to apologize. Thirty minutes before the doors opened in Glendale, California, only about 50 people were in line, and Ron was sure he’d blown it. Steve’s reply (“have faith, they’ll come”) said a lot about the Steve Jobs leadership style Ron had…
#756: How Losing $500K in ‘08 Led One Trader to a Different Kind of Portfolio, with Jared Dillian
On the morning of the Lehman Brothers collapse, Jared Dillian, who ran the firm’s ETF trading desk, walked past TV trucks and a crowd of reporters to get to the trading floor. He looked around at the chaos, took off his tie, and figured he wouldn’t be needing it anymore. That week, about half a…
#755: AI, Debt, and a Social Security Shortfall. Should Your Money Plans Change? With Rob Berger
Rob Berger started writing about personal finance in 2007, just months before the Great Recession hit. His retirement planning strategy through the crash was almost comically simple: keep contributing to his 401(k), don’t sell anything, and otherwise do nothing. Nearly 20 years later, the list of worries looks different. AI is upending which skills and…
- Episodes | FIRE | Investing | Q&A Episode | Retirement | The Economy
#754: Q&A: We Have $80K In Cash and Want a 1-2 Year Sabbatical. Is It Enough?
“You have this golden opportunity during these low-income years.” That’s what I told a listener who’s heading into a one-to-two-year career break with $80,000 in cash and a paid-off home. Is that enough? It depends on the one number she didn’t give us: how much she plans to spend. So Joe and I walk through…
