Here's Journal Club 10/8/21! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!
- Did you know there's another way to invest in passive real estate without buying more properties out of pocket? It's called Portfolio Loans. This system can help you acquire loans through banks and leverage that equity toward investment ventures. The author of Master Passive Income explains the concept and shares some tips to utilize this strategy in the article – How to Get Portfolio Loans for Investing in Real Estate.
- What are some of the things in life that make you feel rich? Is it your income? Your lifestyle? Or something else? According to the author of Financial Samurai, “focusing on the dollar amount will never truly make you feel rich as there will always be someone with more money than you.” Then what is that aspect that determines when you genuinely feel rich? The answer to which you'll find in the article – When Do You Finally Feel Rich? It's Not Just About The Money.
- Many of us have someone we look up to for advice and especially if it relates to financial advice. During the early days of financial planning, you might have had someone guide you on the basics like building an emergency fund, paying off your debts, saving for your retirement, and so on. But there'll come a time when you'll find your own voice and approach and realize you might have outgrown your financial guide. The author of Rich & Regular has a similar story and shares his take on things through various life experiences in the article – Have you outgrown your financial hero?
That's all for this week! I hope this week's journal club was helpful.
Read anything interesting this week? Feel free to share it in the comments below!
Thank you for reading and sharing!
Disclaimer: The topic presented in this article is provided as general information and for educational purposes. It is not a substitute for professional advice. Accordingly, before taking action, consult with your team of professionals.