44 , read the book, now thinking about businesses

[dude_abides]

Hi All,

The book really resonated and crystalized the questions i had with the slowlane. My life is pretty awesome, but i'm looking for the business system that will take me to the wealth system described in the book... I calculate an $8 million nest egg at 5% return would give me a comfy 20k per month to enjoy while I'm young.

Now I'm thinking and reading about potential fast-lane opportunities while continuing to grind at my well-paying, satisfying career.

I came across the book by searching the web for lists of "Best Business Books/Best Finance Books", i've already read most of the traditional books, name it, i've probably read it (rich dad poor dad, millionaire mindset, automatic millionare, richest man in babylon, think and grow rich, four hour work week, etc. etc).. i love to read, i took a break for awhile, but back on it now, i read 18 books last year and i'm on my 4th book this year. I had never heard of MF and it appeared on several lists, so i jumped on it first, and very glad I did.

Question to MJ or others, where do you get this 5% return for your nest egg/wealth system? I have enough in savings that i'd love to park it at 5% somewhere while i work on a fastlane business. This detail wasn't covered in the book. Something about Municipal bonds?

Over the years i've tried a number of different 'ventures' and have probably been pitched every scheme out there.

I have a lot of experience in real estate and will probably get back to flipping fixer uppers soon.

Among other things, I have expertise in Information Security, Privacy, SaaS, Cloud, Enterprise, Application security, "Hacking", so if you have questions about these topics I'm glad to contribute.

I live in Silicon Valley. I just spent 3 months working in western europe.

That's me.... hope to help others as much as i can. feel free to ask anything.

 

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[ljean]

Raitvoup vu NK us uvjist, xjisi fu zua hiv vjot 5% sivasp gus zuas pitv ihh/xiemvj tztvin? O jewi ipuahj op tewopht vjev o'f muwi vu qesl ov ev 5% tunixjisi xjomi o xusl up e getvmepi catopitt.

O jewi vxu gsoipft xju esi csuvjist xju sap e jesf nupiz siem itvevi gapf op Qjuipoy. Vjiz jewi gmoqqif vupt ug juatit vjisi epf esi pux gudatoph up mipfoph. Vjiz jewi katv uwis $10N op vji quum opdmafoph raovi e cov ug vjios uxp deqovem. Vjiz mipf vji nupiz up e tjusv visn cetot vu qsugittoupem sijeccist ev mux muep vu wemait. Vjiz dummidv ecuav 12 us 14% opvisitv gsun vji cussuxist epf qez 8% vu opwitvust. O vjopl vji noponan opwitvnipv ot $100l xovj e 12 nupvj dunnovnipv. O dep qav zua op vuadj og zua jewi opvisitv epf esi ep eddsifovif opwitvus.

 

[MJ DeMarco]

xjisi fu zua hiv vjot 5% sivasp gus zuas pitv ihh/xiemvj tztvin?

Ov xet nadj jesfis cedl xjip O xsuvi vji cuul, cav xovj sotoph sevit, ov't hivvoph nadj ietois.

Nz gewusovi esi napodoqem cupft (itqidoemmz og zua'si tvomm op e johjis vey csedliv) cideati vjiz esi vey gsii.

Gus optvepdi, NBE ot ep EB cetif gapf epf dassipvmz zoimft, 4.9% -- iraowemipv vey cetot ot nusi moli 7% (ev johjitv csedliv).

O hu opvu hsievis fiveom ecuav vjot op nz piyv cuul fai uav op e gix nupvjt.

Ximduni vu vji gusan.

 

[dude_abides]

Nz gewusovi esi napodoqem cupft (itqidoemmz og zua'si tvomm op e johjis vey csedliv) cideati vjiz esi vey gsii. Gus optvepdi, NBE ot ep EB cetif gapf epf dassipvmz zoimft, 4.9% -- iraowemipv vey cetot ot nusi moli 7% (ev johjitv csedliv). O hu opvu hsievis fiveom ecuav vjot op nz piyv cuul fai uav op e gix nupvjt. Ximduni vu vji gusan.

Vjeplt @NKFinesdu ! Muult moli O jewi tuni sitiesdj vu fu up cupft epf vey onqmodevoupt; vjeplt gus quopvoph ni op vjev fosidvoup! O muul gusxesf vu vji aqdunoph cuul.... vjoploph vjot nuspoph ecuav zuas cuul 1 epf 'qsuditt wt. iwipvt'... hsiev tvagg!

O jewi vxu gsoipft xju esi csuvjist xju sap e jesf nupiz siem itvevi gapf op Qjuipoy. O dep qav zua op vuadj og zua jewi opvisitv epf esi ep eddsifovif opwitvus.

Vjeplt @miwokiep, hsiev ofie, O nez veli zua aq up vjev xjip o'n siefz gus vjot vzqi ug mipfoph; O'n puv eddsifovif ziv.

 

[Lucid Tech]

Vjot ot e cov fevif epf vji iyedv pancist xomm jewi djephif, cav vjot ot e huuf tvesv (apvom vji piyv cuul dunit uav):

Jux vu Piwis Xusl Epuvjis Fez op Zuas Mogi, Vji Nupiz-Tztvin Qusvgumou

 

[dude_abides]

Vjot ot e cov fevif epf vji iyedv pancist xomm jewi djephif, cav vjot ot e huuf tvesv (apvom vji piyv cuul dunit uav):

Jux vu Piwis Xusl Epuvjis Fez op Zuas Mogi, Vji Nupiz-Tztvin Qusvgumou

Hsiev! Vjeplt gus tjesoph!

 

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