This is relevant to every discussion on this forum related to investing a small dollar amount... $1000, $10000, and even $50,000. Learning "investing" at this stage of your progress is an EPIC WASTE OF TIME. For the love of God, stop reading books on how to invest $10K so you can turn it into...

HELP. This is nuts guys. I am making more money than I know what to do with and I need some big time help from you experienced guys. I don't even say any of this to brag. I say all of this because everything is moving so quickly, and I have never experienced anything like it. This is LITERALLY a...

Hello everyone, I've had a weird journey where I've actually managed to work out an effective money system before I've established a money engine (process) to feed the money system. Regardless, I thought that I would document this journey as a post for anyone to benefit from my knowledge so...

Hey all, I've read the Fastlane Millionaire and Unscripted. It's been the most essential book I'd say (in terms of business mindset) for the business that I've been running for 5+ years now. The chapter on MJ's Money System struck a cord with me. The way he manages his money is VERY different...

Hello everyone! I would like to understand better how you manage your money system: 1) concerning your investments, do you shield yourself behind a company or invest as a private? I live in Europe, so for sure rules are different here, but it is still interesting to understand how you...

Overlooked Money System idea, is buying cheap to carry domain names an intelligent risk? And by Intelligent, you have a strategy like: You buy & hold domain names that aren't taken - a few four/five letter dotcoms, some .coms with african words & south asian words for common things (you...

Want to earn a passive income every single month for the rest of your life? And be able to survive a recession or a market collapse? Earn (and save) enough money to build a Paycheck Pot, a lump-sum portfolio that yields a passive income EVERY MONTH through the use of market investments such...

Dear Fastlaners, I have a genuine question. MJ says in TMF and UnScripted that you can live off of interest from a large sum of money all your life without working. But I have a doubt. Suppose you have $10 million invested in municipal bonds, and you earn 3.5% interest per year. That's...

Hey there fastlaners, Wanted to share one of the most beneficial (albeit not the most exciting), ideas I've picked up from slowlane financial books + resources, and that's building up an emergency fund. Now I know those looking to build explosive income, aren't necessarily focusing on building...

so long story short, after getting tired of the dead end gig to gig cycle I was trapped in as a freelancer last year, I decided to get a day job to help fund my first potential fastlane idea. The business idea is a educational app that will work like a monthly subscription service. It’s been 3...

Hello Community, I posted a thread before about the sale of my Amazon business for several $million: Sold business for several $million - now a family business? Over the past couple of months I have met numerous "Wealth Management" firms, but so far something in my gut is stopping me moving...

So I’m currently on chapter 37 of MF, and after spending a couple hours working on it, I’ve mapped out my roads destination. I thought I would share it here to keep myself accountable and make it real to me instead of having it in a google doc that only I have access to. The lifestyle: A...

This forum has been around for 10 years and I can't believe I never started a "stock" thread. Guess now is as good as a time as ever. For those of you who dabble in the stock market for medium to long-term holds, what stock has piqued your interest? What stock do you foresee will be the next...

The last part of Unscripted hit really close to home for me, as I have needed to start making money on my money years ago already. The issue is that I have been too busy making money in my business instead (or enjoying my free time). This results in 7 figures sitting in cash and withering away...

This relates to the Money System mentioned towards the back of Unscripted, and how to perform due diligence on quality of cash flows. This will compare two examples (at least one is mentioned in the book): BlackRock MuniYield Arizona (MZA) and Aberdeen Asia-Pacific Income Fund Inc (FAX). Both...

Hi everybody! This is my first post after my introduction: Introduction - Please allow me to introduce myself... I immediately subscribed to the Fastlane Insiders as a form of "thank you" to MJ for providing me the tools to make the most difficult and most important decision of my...

how to acquire some capital without credit and without help from family (since there isnt much in the latter) any ideas or suggestions? How to leverage OPM for ventures? What is a lucrative strategy or proposition?

I mentioned a few times in both my books that there are NO financial experts when it comes to the markets... one says doom-and-gloom, another says to the moon! Here are some interesting charts that counteract common financial mantras... mantras such as: It can't go to Zero... Housing only goes...

@MJ DeMarco one question i have from you book is how do you protect your money system from loss. You talk about selling your dividend,reit and other stocks in a runup. But what about if the stock price declines. For example SO is around 48 right now. Say you bought today and it slowly...

Money system management was discussed briefly in UNSCRIPTED toward the back end of the book. I thought I'd relay a real-life example into how I recently managed a money-system investment. While my objective in these investments is a monthly yield, sometimes the instruments move in a fashion...