How much do you know about financial independence?

hey, let's turn this into a thread about the genius of the smith maneuver. ya'll down with it right? everyone building wealth with ye old smith maneuver?

It's $36500 maximum.

why is every thing else written as value then unit but when indicating dollars the unit goes in-front of the value?

hey, let's turn this into a thread about the genius of the smith maneuver. ya'll down with it right? everyone building wealth with ye old smith maneuver?

Nope, I'm not comfortable with leverage, as it can be applied in both directions.

I follow the Heckler Maneuver (previously patented and implemented by the better half). Pay off the mortgage in 12 years and then start investing your payments aggressively. Granted, there is an amount of could have/should have, but no one started this thread for me in 2003, so I knew squat about FI. Luckily, my employers helped me squirrel away 10%, which also adds up!

hey, let's turn this into a thread about the genius of the smith maneuver. ya'll down with it right? everyone building wealth with ye old smith maneuver?

I've been leveraging my home equity to buy assets. Not as aggressively as Smith M, as I have a debt threshold I want to stay below. It's been working great.

why is every thing else written as value then unit but when indicating dollars the unit goes in-front of the value?

Wiki knows all, but I'm done googling for you. If this is your only question about FI, congratulations!, you must already be livin the dream.

http://en.m.wikipedia.org/wiki/ISO_4217

http://en.m.wikipedia.org/wiki/Dollar_sign

Mind you, english.stackexchange just has random theories about it.

http://english.stackexchange.com/questions/11326/what-is-the-difference-between-20-and-20

why is every thing else written as value then unit but when indicating dollars the unit goes in-front of the value?

Not always this way in Quebec.

But it is strange, especially some cents symbol comes after, like 50c.

As for financial independence, is there such a thing as an investment vehicle with a guaranteed five percent rate of return? If large amount of capital is required, that's OK.

Over what time period?

One year, 5 years, 10 years.

http://en.m.wikipedia.org/wiki/S%26P_500#Annual_returns

10 years + is easy.

http://canadiancouchpotato.com/wp-content/uploads/2015/01/CCP-Model-Portfolios-Vanguard.pdf

http://canadiancouchpotato.com/model-portfolios-2/

Mind you, that's not guaranteed and past results are not indicative of future results. Following a balanced diversified set of indices at low fees though is my best chance at success though.

Thanks. I'll look more into Vanguard.

Start here to understand the basics first. Vanguard is just one of the available tools to implement the strategy.

http://canadiancouchpotato.com/couch-potato-faq/

http://canadiancouchpotato.com/2010/11/10/ready-willing-and-able-to-take-risk/

Nope, I'm not comfortable with leverage, as it can be applied in both directions.

I follow the Heckler Maneuver (previously patented and implemented by the better half). Pay off the mortgage in 12 years and then start investing your payments aggressively. Granted, there is an amount of could have/should have, but no one started this thread for me in 2003, so I knew squat about FI. Luckily, my employers helped me squirrel away 10%, which also adds up!

hmmm, the Heckler Maneuver seems a lot more sound than the Smith Maneuver. you should write a book or go on forums with rabid SM acolytes and 'splain them the technique and wisdom of the HM… on the other hand nevermind. they've got themselves so twisted up in broken logic and bs that they can't see the forest for the trees and you can't convince them otherwise that's it's simply leveraged investing with the end being a lot of debt that you still pay (deductable or not) and a big question mark as to the value of your portfolio. ah well.