Risk of ruin is the thing that you're trying to protect against. In a poker tournament, you play more conservatively than if you were just scrimmaging with friends. I was talking to an onchpener yesterday who was contemplating moving from an established company into a new company. Even though paula he might have to regroup on his income, he had confidence that with the people that he knew, the resources he ad that it was worth that risk.
#382: Joe is buying his first house hack and would like to understand if the FHA loan or the doctor loan would be better for him.
Sara wants to leave her job to spend time with her children, and she needs help in calculating her FIRE number.
Kat received a windfall and is wondering if she should invest it in stocks, real estate, or a combination of both.
Aisha is moving to the US and wants to start investing ASAP - how should she approach her goal to reach FIRE?
Former financial planner Joe Saul-Sehy and I tackle these questions in today’s episode.
Enjoy!
P.S. Got a question? Leave it here.
For more information, visit the show notes at https://affordanything.com/episode382
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