This week, let’s dive into some highlights and reflections from the week that ended on November 15th. There are tons of platforms like PF Buzz, TIPD, and DIGG that spotlight various posts to broaden their readership. If you know which ones are the best to focus on, feel free to drop some names; navigating these can sometimes feel like a high school popularity contest.
I’ve noticed a significant increase in traffic from overseas, particularly from China and the Philippines. It’s fantastic to gain international perspectives, and I’m eager for our friends in India to join the mix.
Apologies if I haven’t replied to your emails or tweets during the day. I’m offline until 7pm PST, focusing on work, and I don’t use a smartphone (what’s an iPhone anyway?). But I promise to catch up on your inquiries in the evenings!
Key Takeaways from the Week Ending November 15:
– In a conversation with Warren Buffett, he suggested working for someone you admire, and not worrying too much about the salary. He believes in having a bold confidence in oneself. I couldn’t agree more—if you don’t believe in yourself, who will?
– A huge number of you engaged with the post “Why Are There Homeless Veterans In America?” It would be impactful if those same readers could write to the White House expressing your concerns. It only takes a couple of minutes to make a difference. Thanks to Susan for this tip!
– Interestingly, most people would save their $8.5 million poker winnings—actually about $4.5 million after taxes. But there are the adventurous few who would invest in businesses or stocks. Personally, I’m content with the safe $160,000+ annual interest. A shoutout to Evan for highlighting the gift tax implications.
– Lastly, it’s never too late to challenge your property taxes. Don’t let the government take more than it deserves—they count on most people not to put up a fight. Alex, I hope your real estate audience finds this useful. Keep fighting the good fight!
Thank you for your continuous support. Don’t hesitate to leave a comment; your opinions are always valued here!
My Favorite Articles of the Week:
– “Five Ways To Reduce How Much You Need To Retire By $300,000” by Todd Tresitter on Millionaire Mommy Next Door. Todd explains that by reducing your monthly expenses by $1,000, you can lower the total amount you need to save for retirement by about $250,000.
– “The Unseen Assets On Your Balance Sheet” by Monevator, which discusses assets many overlook in their net worth calculations. I believe you should count nothing but cash in your net worth, because only cash is reliable when you retire.
– “Thailand Here We Come! The Next Leg of Our Adventure” highlights the freedom that comes with enough blog traffic and ad revenue, which allows for an adventurous life—something Baker and his family are embracing as they plan to move to Thailand for two months.
– “Eight Reasons Why It’s Hard To Get Rich” by James delves into the obstacles that prevent us from accumulating wealth, with taxable income being a significant barrier.
Thank you all once again for your engagement and feedback. Your interaction enriches our community and keeps these discussions lively and insightful!
