Waiting for the Downturn
Monday, January 04
I grabbed coffee with a guy last week who is a high-income earner and has significant amounts of cash sitting on the sideline. He had been saving for several years and looking for the right investment to jump into. Real estate intrigued him, but he was wanting to wait until the next big downtu...
Layoff Lesson 7 – Maximize Your Earnings
Sunday, January 03
I have struggled trying to write this article without sounding either jaded having been laid off or sounding too Machiavellian. This is my philosophy: a job is where you spend much of your time. Doing something you love and with a team that you enjoy is extremely important for a good quality ...
Layoff Lesson 6 – Networking
Sunday, January 03
Networking should never be awkward. Or painful. There are a lot of great books and probably even more awful books that discuss networking. Check out BiggerPockets Episode 401 with Jordan Harbinger for some of the best networking guidance I have ever heard. What it isn’t Happy birthdays and a...
Layoff Lesson 5 – Be the Healthiest Version of Yourself
Sunday, January 03
Full disclosure – I am not in the running for being on the cover of Men’s Health. More to the point, I am not much in to running and I have been hitting the Oreos way to hard. But universal truths are universal truths regardless of the source, so here we go: live a healthy lifestyle starting...
Layoff Lesson 4 – My 401K Let Me Down
Sunday, January 03
For two decades I have faithfully contributed to my 401K and my Roth IRA with every paycheck and bonus that I have been paid. My reward is a significant amount of principal invested in a portfolio of assets. These nest eggs get to grow in a tax-sheltered environment for my golden years. With...
Layoff Lesson 3 – Develop a Side Hustle
Sunday, January 03
I define a side hustle as anything that generates active income from work done outside of your primary income, your W2 income. It is active in the sense that you must do something to generate that income, and it is not encumbered with financial obligations. A side hustle is inherently different...