Comments on: Net Worth Report #11 “Legs Eleven” https://eliteedgemoney.com/net-worth-report-11-legs-eleven/ Money | Minimalism | Mohawks Tue, 31 Aug 2021 14:41:13 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Joel https://eliteedgemoney.com/net-worth-report-11-legs-eleven/#comment-335392 Tue, 31 Aug 2021 14:41:13 +0000 https://staging.eliteedgemoney.com/?p=63958#comment-335392 In reply to John.

Awesome! I’ve heard good things about YNAB but never used it myself.

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By: John https://eliteedgemoney.com/net-worth-report-11-legs-eleven/#comment-335390 Tue, 31 Aug 2021 13:50:59 +0000 https://staging.eliteedgemoney.com/?p=63958#comment-335390 Love the breakdowns! I’ve tracked my stuff in YNAB over the past 3 years and have started to do my own personal tracking since I saw your road to 1 million post.

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By: Joel https://eliteedgemoney.com/net-worth-report-11-legs-eleven/#comment-333632 Wed, 11 Aug 2021 22:42:35 +0000 https://staging.eliteedgemoney.com/?p=63958#comment-333632 In reply to FreshLifeAdvice.

Cheers! Yep, this one should be a 7% return, as well as extra proceeds at time of sale. But, I should probably note that I heavily research and thoroughly vet the deals and partnerships before investing. Good deals are definitely out there – but not every deal is a slam dunk :)

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By: FreshLifeAdvice https://eliteedgemoney.com/net-worth-report-11-legs-eleven/#comment-333625 Wed, 11 Aug 2021 20:52:46 +0000 https://staging.eliteedgemoney.com/?p=63958#comment-333625 Happy Anniversary! I never heard of Real Estate Syndication until you introduced me to it – 7% return and the money is returned once the complex is sold. That’s ideal! Cheers to an ever-growing net worth!

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By: Joel https://eliteedgemoney.com/net-worth-report-11-legs-eleven/#comment-333412 Sun, 08 Aug 2021 13:36:44 +0000 https://staging.eliteedgemoney.com/?p=63958#comment-333412 In reply to Impersonal Finances.

Yellowstone was great. Smokey, but great. It was pretty packed too, I think most national parks and camping spots are this year because everyone has the same idea :)

Cheers to a more frugal rest of the year!

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By: Impersonal Finances https://eliteedgemoney.com/net-worth-report-11-legs-eleven/#comment-333385 Sat, 07 Aug 2021 17:16:17 +0000 https://staging.eliteedgemoney.com/?p=63958#comment-333385 I got hit hard by the same categories last month–eating and drinking! Lots of restaurants and lots of boozy outings. Taking advantage of the outside world while I can (hopefully no more shutdowns looming).

Looks like an awesome month! Yellowstone has been on my list for a while.

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By: Joel https://eliteedgemoney.com/net-worth-report-11-legs-eleven/#comment-333342 Fri, 06 Aug 2021 22:24:21 +0000 https://staging.eliteedgemoney.com/?p=63958#comment-333342 In reply to Dragon Guy.

Hey DG! I’ve been researching both TD and E*Trade for the Solo 401k. And honestly I think E*Trade is the winner at this point! Given my low income level (and our low-ish saving rate), I think personal contributions is all we can do this year. So I won’t be doing “employer” matching I don’t think.

Curious, did you do Roth 401k contributions or just regular 401k? Cheers!

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By: Dragon Guy https://eliteedgemoney.com/net-worth-report-11-legs-eleven/#comment-333337 Fri, 06 Aug 2021 19:37:22 +0000 https://staging.eliteedgemoney.com/?p=63958#comment-333337 Wow, 5,900 miles last month…very impressive. Thank goodness for the Prius!

I set up a Solo 401(k) with TD Ameritrade last year. There was a lot of paperwork and I had to actually wire in my initial contribution as they didn’t accept ACH. Wires? What year is this?! But otherwise it has been easy to deal with. I like with the Solo 401(k) how you can have an employer and and an employee piece (although the employer piece cannot be Roth).

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By: Joel https://eliteedgemoney.com/net-worth-report-11-legs-eleven/#comment-333333 Fri, 06 Aug 2021 18:26:57 +0000 https://staging.eliteedgemoney.com/?p=63958#comment-333333 In reply to Zach L..

Hey Zach, happy Friday! Yep, it’s fun to see where everyone puts their money and learn about various investment vehicles. I also like watching how things change over time as people’s priorities shift in life :)

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By: Zach L. https://eliteedgemoney.com/net-worth-report-11-legs-eleven/#comment-333331 Fri, 06 Aug 2021 17:48:42 +0000 https://staging.eliteedgemoney.com/?p=63958#comment-333331 I love net worth reports from people. It helps me find new things to try out, like Real Estate Syndications (specially not as an accredited investor).

Thanks for this!

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