What is the risk tolerance that’s required in Dave Ramsey’s portfolio to achieve the returns that will grow his assets enough so that just a 4-5% withdrawal rate in retirement will suffice his supplement income goal in retirement?

You can argue that nobody stays on welfare for $1,000 a month but the truth is there are a lot of people that take that $1,000 a month and then spend their free time hustling for cash, dealing drugs, or otherwise supplementing their lifestyle without Uncle Sam knowing.I used to work for the state.

Have my home free and clear, have a family lake cabin free and clear, be able to take 2-3 months off every year during the holiday dead season, and eventually generate $40k+ / yr in semi-passive rental property income to supplement the cyclicality of the business!

Right now I have been looking into starting a supplement company focusing on small batch high quality protein powders and pre work outs with a military theme but not really sure so I’m just seeing where 2020 takes me and I’ll figure it out as I go.

you could help tremendously with financial support, providing them with the best possible care and nutrition… that would make me happy!

Your friend has been lucky if no tenant has left in twelve years and skilled if roll over has not created any down time.Either way pricing rent below market is simply supplementing a tenants rent and has very little bearing on how long a tenant will stay.

I did this for a while and it helped supplement my real estate commissions.

You'll need regular insurance and you'll want to supplement that with umbrella insurance.

Buy a few books on nutrition and diet that are actually backed by science, and design a diet around your research as much as possible.

Through passive income, I hope to gradually supplement my salary and replace it completely within 5-8 years.