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  1. Scout

    Higgins Armory Museum May Be Closed...

    OFF-TOPIC 
    This is off topic but the Higgins Armory Museum in Worcester MA may be forced to close and hand its collection over to the Worcester Art Museum. It has the largest collection of armor and weapons in the world. Mr. Higgins collected in the early 1900's and build a 4 story steel and glass castle...
  2. Scout

    Sleep just 2 hours a day...Uberman Sleep Cycle

    MINDSET 
    I was thinking about a previous post on sleep cycles and thought it would make a good discusion thread. I'm wondering if anyone has tried the Uberman Sleep Cycle? Very aggressive: 2hrs total sleep per day, six 20-25min naps evenly spaced throughout the day... Some background: Sleep Methods...
  3. Scout

    Are Taxes Part Of Your Charitable Donations...

    TAXES | REGS 
    My wife and I were going through our budget and discussing what % we give to charity and we started talking about the fact that a large part of our income taxes (state and Fed) go towards charitable needs. (Everything from Sandy relief, third world countries, veterans, art programs...
  4. Scout

    Little Steps!

    MINDSET 
    I just canceled our cable TV... Anyone else cancel it or take other little steps to help stay focused on hitting the Fastlane?
  5. Scout

    2nd Annual Junk-A-Thon

    MINDSET 
    !!2nd annual Junk-A-Thon!! Challenge The Goal: One month of reducing our material positions. Who can sell/donate the most unwanted stuff in the next month. Ebay, Craigslist, Ebid, Bonanzle, yard sale, donate or any other method you can think of is game. Two champions will be crowned: -Who makes...
  6. Scout

    PROGRESS THREAD: Scout (New Product to Market)

    EXECUTION 
    This will be my progress thread for a product that I am working on bring to market. Background: A colleague and myself have come up with a new tennis training aid and want to bring it to market. Market target is for beginner to moderate players. Prototypes have been constructed. We...
  7. Scout

    1st Annual “Junk-A-Thon†Challenge

    MINDSET 
    1st Annual “Junk-A-Thon†Challenge I would like to propose a new challenge: The 1st annual Junk-A-Thon Staying in theme with part B and step two of Russ's Plan and the thread I started Life Altering Event Of reducing our material positions that we do not need, thus freeing up space in...
  8. Scout

    Lesson Learned

    REAL ESTATE 
    Quick Due Diligence Lesson: We are selling a piece of property, negotiated to a reasonable price, received verbal conformation that the buyer was pre-approved so we proceeded to complete the contract, made it through house inspection closing was postponed a week due to title search issue. On...
  9. Scout

    What's Your Free-Time Rate

    MINDSET 
    Wondering if anyone else sets a Free-Time Rate for themselves when trying to decide if you do something yourself or not. I had posted: In the Life Altering Event thread. My wife and I use this if we are looking to do things like home improvements, landscaping, buy or cut our firewood...
  10. Scout

    How to teach your kids to invest and live in the fastlane

    MINDSET 
    Here is a subject heavy on my mind, I've got three little ones (4yrs, 2yrs and 7month), and I want to give them a good financial education and how to live in the fastlane. I'm looking for any ideas I really want to make sure my kids are not drawn into the 9-5 life. Here are a couple...
  11. Scout

    New Widget Business

    New thread that covers this post got to: PROGRESS THREAD: Scout (new product to market) Hoping for a sanity check, A colleague and myself have come up with a new widget and want to bring it to market. This is our first attempt to bring a new product to market so here is what we have done so...
  12. Scout

    Life Altering Event

    MINDSET 
    My wife and I went through a life altering event two weeks ago, we rented a 30 yard dumpster (that’s the big one 20+ft long - 8ft high), within a week and a half it was full. You name it we through it out. We had become inundated with stuff and we have become slaves to cleaning sorting and...
  13. Scout

    The Best State for Forming a LLC?

    Wondering if anyone has any advice on the best state to form a LLC? From my searches many people suggest to go with your own state or Nevada/Delaware (for taxes) >>>>> Quick Background: I live in NJ, business partner lives in PA, so we can do either state and avoid the foreign fee: Current...
  14. Scout

    Cash Flow 101 Vs Other Board Games

    Hi everyone, as I mentioned in my intro my wife and I are in the “get educated†mode. To help this along I was talking to Mike about playing Cash Flow 101 during our lunch breaks at work. Before we buy the game, I thought I would see what everyone’s opinion of the game is and see if anyone...
  15. Scout

    One Skill Away

    I just read a line in one of the rich dad/poor dad books. Were he said most people are one skill away from really making it. He goes on to suggest looking into sales or business classes. Did anyone take this approach and invest the time and if so what key "skills" did you pursue?
  16. Scout

    My First Success Story

    Everyone says books will pay for them selves in the long run. I just bought one of the Rich Dad Books from a used online bookstore for $5 plus shipping. Started to flip though it to read and the previous owner was using a $20 dollar bill as a book mark. More than tripled my money! Any book...
  17. Scout

    Introduction

    Hi Everyone, just joined the group, courtesy of Mike aka "Lightning". My wife and I recently started the path out of the "Employee" trap with a rental property and we have quickly learned we have allot to figure out. Our immediate goals are to optimize the rental property we have and get...
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