Financial planner: Taxlin investing is far out to the right and not very far north. The risk is very high and the returns are not that much greater than something that has a significantly lower risk. So in other words, let's say that i'll get 18 % on a taxlen investment. I may be able to take half the risk of that investment the asset class, and let's say score 12%. Is it worth the additional risk? There's this idea that's associated often with the efficient frontier; we could take more more risk.
#392: Colleen and her husband own SEVEN paid off rental homes. Now they’re heading into retirement and disagree on what to do with some of that equity.
Kevin wants to hit FIRE (Financial Independence, Retire Early) and believes his motivation comes from witnessing the financial trauma of the Great Recession. He’s wondering if others are motivated to reach FIRE for similar reasons.
Anonymous wants to learn more about utilizing HSA accounts and Susan wants to learn more about investing in tax liens.
In today's episode, former financial planner Joe Saul-Sehy and I tackle these tough questions.
Do you have a question on business, money, trade-offs, financial independence strategies, travel, or investing? Leave it here and we’ll answer them in a future episode.
Enjoy!
For more information, visit the show notes at https://affordanything.com/episode392
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