Journal Club 05-12-23 – Passive Income MD

Journal Club here 05-12-23! Every week, I put one Journal Club. After filtering articles on the web, I am presenting a few that impacted my life this week Stay safe and stay well!

• Many of us want to own a home one day. And as you probably already know, paying off that crushing amount of student loans and buying a home is a huge undertaking. So, if you’re thinking about home ownership but wondering how you can make it happen? White coat investors The article has helpful tips for you – Build wealth while living in an expensive neighborhood.

• You’ve probably heard it several times by now that a backdoor Roth IRA is an excellent investment strategy for high-income earners. But if you have any questions about the concept or how it works, there’s good news! The Financial Success MD Answers to these questions and more in the post – Understanding the Backdoor Roth IRA.

• Investing in real estate can help you build long-term wealth and achieve your financial goals faster. This is a known phenomenon. So, if you are striving for financial freedom and wondering how many properties will you need to get there? Prudent Plastic Surgeon The article shares the math behind this interesting question – How many rental properties do you need for retirement?

• How do you define early retirement? Is it safe to say you plan to leave the workforce before turning 60? However, this is not always the case and varies significantly from person to person. its author Retire before father There are similar views and shares that early retirement should not be your ultimate goal but a pursuit of making wise financial decisions. do you agree On that note, the author shares more about the ups and downs of retirement at the beginning of the post – 8 Reasons to Retire Early.

Read any interesting articles? We’d love it if you could take a moment to share them in the comments below!

Thank you for reading and sharing,

peter

Disclaimer: The topics presented in this article are provided as general information and for educational purposes. It is not a substitute for professional advice. Accordingly, before taking action, consult your team of professionals.