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Search results

  1. Seamster

    Looking for some inspiration/help with Mindset - on a little rut

    MINDSET 
    You mentioned that you might like to hear others' stories. I'll mention mine. When I was buying up my houses I was only making $30k. Each new house gave me $250/mo cashflow, and at a time all 5 were occupied, but when I had some vacancies I had to get a job in the big city 90 miles away. It...
  2. Seamster

    Feeling Depressed: the Struggling Middle Class and Who to Blame

    OFF-TOPIC 
    Can you please delete your post? You didn't read the original post. If you had, you would see that a) I'm not talking about myself at all here and b) I'm explaining how the economy works, not requesting what I should study. I would be happy if your reaction was, "Hey, I need to spread the...
  3. Seamster

    Feeling Depressed: the Struggling Middle Class and Who to Blame

    OFF-TOPIC 
    Many have misunderstood this post. It's about how people are going into debt buying stuff they don't need. In the second post of this thread MJ DeMarco posted a nice visual of what I try (and fail) to explain below. I see these people suffering and it makes me sad (I'm not suffering...
  4. Seamster

    John Burley Real Estate Training, April 2-4 and 8-10, Phoenix, AZ

    REAL ESTATE 
    My plan is to learn new tactics, laws, and tax breaks about real estate from an expert, just like I do when I listen to economists on YouTube to learn about the markets, etc. The information isn't in books, because the guys who learn new things use the knowledge to make $millions for...
  5. Seamster

    Are You ADDICTED to Reading?

    HOT! MINDSET 
    I agree with this. I sit around all day being lazy. Then I eat lunch, drink coffee, and read about the economy or real estate or motivation, etc? I'm ready to go to work!
  6. Seamster

    Market Predictions Based on History

    INVESTING 
    From what I've seen, the 0.01% bought everything in appx 2011 when the S&P500 was under 1000, then, if they sold a few years later when it reached 2500 or so, they would have doubled their money. They would have sold in Feb 2020 (even I did that) and bought back a few months later for more...
  7. Seamster

    John Burley Real Estate Training, April 2-4 and 8-10, Phoenix, AZ

    REAL ESTATE 
    John Burley is the man who made Robert Kiyosaki all of his riches in real estate. His name is mentioned in one of Kiyosaki's books, which is where I first heard of him. I've listened to dozens of gurus but John Burley is my favorite. His website looks scammy but believe me, he's legit. I've...
  8. Seamster

    My 2022 Prediction: Price Controls

    INVESTING 
    You do realize that the government is the one causing inflation, right? They're printing all this money to prevent what would have been worse in 2009, which, BTW, they also caused by creating the predatory lending practices of 1997-2007. Yet, still printing. Prolonging. Making bubbles...
  9. Seamster

    Hi - 16 y.o. and just started out my Unscripted life

    INTRO 
    I'll keep this short, but if I were 16 again I would start 1-2 year program now, after school, for a trade, such as an electrician, plumber, HVAC serviceman, etc. You'll start off as an apprentice at like $40k when you're 18. In a few years you'll be making $60k/yr, be 21 years old, and still...
  10. Seamster

    Market Predictions Based on History

    INVESTING 
    I read books that predict events that eventually came true. Right now, I'm reading Murry Rothbard's "America's Great Depression" and John Talbott's "Sell Now! The End of the Housing Bubble." I also listen to Kitco News and Stansberry Research on Youtube. Listening to these experts describe...
  11. Seamster

    Are You ADDICTED to Reading?

    HOT! MINDSET 
    Everyone on this forum needs to read The Millionaire Next Door because I see a lot of brainwashing going on by Elon Musk of some of the posters here: "My inconvenient cordless luxury cars that are hard to fix and need $8,000 battery packs every 10 years will save you money!" I hear this in the...
  12. Seamster

    Should I Get a Job to Secure a Loan?

    UPDATE: the mortgage officer made me feel good: "Two months ago I told you you needed to go out and get a job. And you did it. And you didn't just get a job at Wendy's, you got an $80,000 job in the same industry you were with in a company car." After 20 years of him doing mortgages I'm the...
  13. Seamster

    Quitting Your Job: What Will You Do? How Did it Feel?

    Not excited about going back. I'm happiest when I know I don't have to wake up early the next day. That means I can do whatever I want at night as late as I want to. I can live on the income from my properties. I don't need to work. With the income and my savings I could probably live like...
  14. Seamster

    Quitting Your Job: What Will You Do? How Did it Feel?

    I wanted to ask a few questions to those who have/will quit their jobs in favor of the business/investments they worked on and have been/will be successful. What did you (will you) do after quitting your job? Were you still motivated? How did you feel? Did you work on your business more, or...
  15. Seamster

    Should I Get a Job to Secure a Loan?

    Wow, some good replies here. Thanks, guys. As I'm sure someone would mention, I already know what I should do, but after reading this thread I feel more comfortable doing it. And quotes like this helped me (I know how to insert quotes now!): You're right. First things first, then make a...
  16. Seamster

    Should I Get a Job to Secure a Loan?

    First off, how do I multi-quote? I tried to click "+Quote" beneath each of the following 3 quotes but when I click "Reply" it only quotes the one that I clicked "Reply" on. To get these 3 quoted I had to open 3 tabs and copy and paste. Broken buttons? Glitch? Yes. And I guess we all gotta...
  17. Seamster

    Democrat vs Republican: MY Stereotypes and How They're Wrong

    PEOPLE 
    Nope, not going to get shut down. We're adults and can handle ourselves here! :) Interesting, BTW, about your friends going from Dem to Rep. My friends (and I!) have always been democrats. They seem to have become even more extreme. I feel like I've stood still. 2021 Republican seems...
  18. Seamster

    Democrat vs Republican: MY Stereotypes and How They're Wrong

    PEOPLE 
    I only see a small percentage of the country's population where I live. But, based on who I listen to, I have these stereotypes in my head: Republicans - think for themselves; choose for themselves; don't blindly trust large corporations or government; like the laws benefitting entrepreneurs...
  19. Seamster

    What would you do

    There are 1000s of people out there who have app ideas, me included. You could build apps for people and take 10% of the company or something like that. One will eventually hit it big!
  20. Seamster

    Should I Get a Job to Secure a Loan?

    I have a real estate business and live on the cashflow. I quit my job earlier this year. I just found out that the mortgage company I use can get me $150,000 cash to refinance 2-3 houses. But, my debt-to-income ratio is too low to get a mortage, so I need to get a job. A company tried to...
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