Weight is about 183 so want to shed off about the last 15 to 20 pounds left of fat.

I didn’t want it to be too lengthy so I trimmed some fat.  

Times will be tough, time to trim the fat.

During the 2008 crisis, he was a big buyer but we also know he used convertible preferred equity (with a fat coupon) as a way in to many high quality companies.

The insurance industry is highly profitable, and by using the self-insurance technique you can essentially get a cut of those profits for yourself, both reducing the effective cost of insurance you pay and also giving you the peace of mind that having a nice fat self-insurance fund sitting there provides.

Hi Renee,If you income has been below the IRS filing threshold amount for some time, and the $300,000 has fallen to you tax free (like a one time thing in your life) it might be smart to NOT take a big risk with it, and pay cash for the house and live off the rental income (and pay tax on that income if you have to).If you start breaking the $300,000 up as down payments on several places, and take out loans out and things go bad, you could lose the additional homes, and the bank will get the $300,000 you used as down payments leaving you with nothing.Somebody once said pigs get fat hogs get slaughtered, and that's something that someone with history lower income should think about.But if you want to borrow, and can find a lender then go for it.

If you are concerned about the turn, buy fat deals.

It's like the concept of "fat FIRE" which I'm trying to follow as well.

A) It's not exactly what he said orB) It's BSThe big guys 25+ years are still all quite fat and happy with a ton of debt and units.I'm not doubting Dave at all, since about 80% of people mis-handle debt and a cash-only budget is what they need.However, if you understand the power of using OPM money (ie you borrow o$1 at x% and get a return on it >>x%) it is a major tool in growth.Now if you're 60 and unwinding, I understand. 

Lawyers look for easy identifiable and fat targets.