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MJ DeMarco
I followed the science; all I found was money.
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A screenshot on one of my money system accounts... these are mostly REITS, or other companies that pay dividends. There are also some some speculative stuff in there as well that doesn't pay anything (SHOP/AMZN) - I estimate this account has $950K to 1.05M invested in assets, the rest sits in cash ($500K) in it and yields around 6%.
To be honest, I'm not sure on exact specifics as I don't spend a lot of time burying my face in Excel spreadsheets attempting to max out my investment income. I look for undervalued investments that pay interest or dividends which is a pretty simple philosophy.
Here's one of the last MONTHLY checks which to me, represents total FU money that I can spend on whatever I want. I get a check like this every month in the mail. Yes, super old school -- but I like getting checks which is symbolic to getting a paycheck, except this paycheck is 99% passive.
This FU money doesn't go toward any expenses in my life and is 100% discretionary. Keep in mind, this is only one of my accounts. Based on the capital allocation in this account and the above check (for simplicity say $1M) this represents a 6.5% yield, not including any capital appreciation. If I actually spent hours running the numbers, I'd bet the true yield was around 6%.
INTRO - Question regarding the book, money systems
Hey, I have recently created a society with a Small Bussiness related to walking dogs and my question is regarding the Part of the book that of the book of "Recruit your army of freedom fighters" What are the Safe Investment that yields 4%-6% that he mentions? Also is this Monthly or on a...
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money system
www.thefastlaneforum.com
A screenshot on one of my money system accounts... these are mostly REITS, or other companies that pay dividends. There are also some some speculative stuff in there as well that doesn't pay anything (SHOP/AMZN) - I estimate this account has $950K to 1.05M invested in assets, the rest sits in cash ($500K) in it and yields around 6%.
To be honest, I'm not sure on exact specifics as I don't spend a lot of time burying my face in Excel spreadsheets attempting to max out my investment income. I look for undervalued investments that pay interest or dividends which is a pretty simple philosophy.
Here's one of the last MONTHLY checks which to me, represents total FU money that I can spend on whatever I want. I get a check like this every month in the mail. Yes, super old school -- but I like getting checks which is symbolic to getting a paycheck, except this paycheck is 99% passive.
This FU money doesn't go toward any expenses in my life and is 100% discretionary. Keep in mind, this is only one of my accounts. Based on the capital allocation in this account and the above check (for simplicity say $1M) this represents a 6.5% yield, not including any capital appreciation. If I actually spent hours running the numbers, I'd bet the true yield was around 6%.
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