Journal Club 10-8-21 – Passive Income MD

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    This is Journal Club 10/08/21! I stop every week JOURNAL CLUB. After filtering the articles on the web, I present some that have had an impact on my life this week. Be safe and stay healthy!


    • Did you know there is another way to invest in passive real estate without buying more real estate out of your pocket? It’s called portfolio loan. This system can help you acquire loans through banks and use this equity for investment projects. The author of Master residual income explains the concept and gives some tips on how to use this strategy in the article – How To Get Portfolio Loans For Investing In Real Estate.
    • What things in life make you rich? Is It Your Income? Your lifestyle Or something else? According to the author of Financial samurai“If you focus on the dollar amount, you will never really feel rich because there will always be someone with more money than you.” Then what is this aspect that determines when you really feel rich? The answer to which you will find in the article – When will you finally feel rich? It’s not just about the money.
    • Many of us have someone we seek advice, especially when it comes to financial advice. In the early days of financial planning, you might have had someone guide you through the basics like building an emergency fund, paying off your debts, saving for retirement, etc. But there will come a time when you will find your own voice and approach and realize that you may have outgrown your financial guide. The author of Rich and regular has a similar story and shares his view of things through different life experiences in the article – Have you outgrown your financial hero?

    That’s all for this week! I hope this week’s Journal Club has been helpful.

    Are you reading anything interesting this week? Feel free to share it in the comments below!

    Thanks for reading and sharing!

    Peter

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