Month: February 2020

Net Income on Our Duplex Last Year… Negative $7,400!!

I might not be the smartest businessman, but I keep thinking that a negative net income in regards to your rental property for the year is not good. And just over $7,400 in the red makes it so much worse! Ouch, what the hell happened?! This duplex was supposed to be another stream of income that would help level out the bumps from rockiness in the stock market over the coming years.  Last year though, proved to be a particularly …

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What’s It REALLY Like to Live in a Foreign Country?

We’ve now been living in a foreign country for six months.  If you’re not familiar, we moved to Panama in August of 2019. We had visited the country in the summer of 2017 as a sort of recon mission along with my brother and sister-in-law.  Don’t worry, we had plenty of fun while there, but the real goal was to determine if we could see ourselves actually living there. The cities we scoped out included Nueva Gorgona, Coronado, El Valle …

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Is FIRE the Finish Line or Just the Beginning?

Looking back on my own path to financial independence, I treated the whole thing like a race in my mind.  Reaching the finish line was the utmost important goal. As I continued to make more money every year through raises, I saved more and more.  But the other side of the equation is cutting expenses… and cut expenses we did! In my mind, if it wasn’t a necessity, I really had to think about if it made sense to spend …

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Our First Visit to the Dentist in Panama Was… Different

Last week we made our first visit to the dentist in Panama.  I had been looking forward to it for a while now because I’m always intrigued just to see the differences from what I’m used to in the United States. I was told that going to the dentist here is a lot like being waterboarded.  Thankfully, I’d never experienced anything like that before but somehow that actually intrigued me more.  Curiosity killed the cat though, right? Even though we …

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