Happy Hump Day Plutus Family! Please join us in downtown Los Angeles on Wednesday, November 16 for our Content Creator Happy Hour PLUS!
As always, tickets are free, but extremely limited. All attendees will be entered in a drawing for a $100 gift card! That’s a new twist. RSVP in advance to qualify.
Here’s what we wanted to share with you this week.
House Hacking: Why It Should Be Your Next Investment Strategy. [It’s My Money Journal] –“Despite the need for accommodation and housing rising on a daily, millions of Americans struggle to own a property or even afford suitable housing. This is due to the sky rocketing prices in real estate. How does an individual who feels like buying a house is out of reach in an expensive market work towards purchasing a property?” (Submitted by Tarsha.)
The Fingerprints of History. [The Irrelevant Investor] — “At the time, Scott was running an asset management company, but the thing that hit me had nothing to do with his day job. He told Josh and I that he was in the process of reading every issue that Time Magazine had ever published, starting in 1923. I couldn’t believe it… Not only did Scott take years of his life to go through all of this, but he documented it for us to enjoy.” (Submitted by J. Money.)
The 4% Rule for Retirement Could Fail for the Frist Time. [Money-Side-Up] — “High inflation could spell the end of the “4% rule” for retirees. The 4% rule for retirement has supported early retirees for the best part of a decade, that was during one of the longest bull market runs in history. The question is, can it survive this bear market, one characterised by stagflation. The 4% rule has been the rule of thumb for retirees far and wide. This includes those in the F.I.R.E community such as Kristy Shen (Canada’s youngest ever retiree) to traditional retirees.”(Submitted by Tarsha.)