Had a rental property. Terrible tenants cost me way more than 6%. Protip: make sure to read up on eviction laws.

I saw a handwritten sign on a highway off-ramp looking for hungry real estate investors... maybe the author took really good notes at that Ramada Inn seminar?

COUNTERPOINT: If you want to retire early, retire.

Fuck being a landlord. Leave that business to the professionals.

Retirement is when you don’t work, not when you work different job (landlord, blogger, etc)

“This author is dangerous. She’s spinning false information in a psuedo-factual way. Run.”

If you can afford multiple investment properties in basically any major metro area (especially the damn one in the header image), you are rich.

Agreed. A good friend decided to invest in rental properties. A few years after buying, she was transferred out of state and the housing market took a hit. As a result she was stuck with the properties (couldn’t sell because the market was crap), trying to rent them out from halfway across the country, dealing with…

Yup, rental properties can be a great source of income, but the amount of work required can also make it a bit more like a “side hustle” rather than true passive income. I guess a bit of extra work isn’t the worst if you’re otherwise retired, but it’s not exactly comparable to throwing your money into an index fund.

This is horrible advice.

I know several people who tried to “invest” in rental properties.  They all talked about how much of a pain in the ass it is to deal with renters.  Late payments, bounced checks, destruction of property, finding new renters, etc.  Too much of a hassle for me.  

Except with an index fund I just take my money and leave it there. With rental properties I have to deal with finding renters, dealing with a rental agency (if I don’t do it on my own and if I do it on my own there is that headache), when things break it’s up to me to pay for it, and if you have a bad tenant then have…

If you want to have money when you are old, already be rich when you are young.

Using a spreadsheet to do math is only useful if they understand the math. Like, I can teach someone to use a CAS to do difficult integrals, but they’re basically just punching nonsense into a calculator and getting nonsense back if they don’t understand integral calculus.

Critical thinking skills are a pretty wide set of skills. Quantitative reasoning is the intersection of critical thinking, mathematics, and real world problems. There are a lot of people with humanities degrees that have decent overall critical thinking skills that couldn’t reason their way out of a paper bag if it…

Get one of them at 10500 48th Ave. and tell them to meet you at 9800 52nd Ave. then take away their GPS.

I think the other part of the message is that we shouldn’t teach blank instructions but how to actually calculate what produces the bigger number.

This is something that’s been a consensus in education circles for a while, which is why most millennials weren’t given classes and the classes are being restored to curricula by legislative and executive fiat. Other issues are that the “rules” you learn in a specialized class like finances are that they are…

Worse, people treat their being bad at math as a -badge of honor-

But math is be hard! :)