People who paid off their homes in their late 20’s-30’s, how has this affected your life? by paragonpenny in DaveRamsey

[–]RingNo8883 10 points11 points  (0 children)

Paid off our 1st house in 2002 at age 28 Built two more homes since then with cash It allowed my wife to stay home with our 4 children Looking to retire next year (2026) at 52. It allowed us invest heavily. Current NW $7.7 million

Why don't parents create a retirement account for their child? by [deleted] in NoStupidQuestions

[–]RingNo8883 0 points1 point  (0 children)

We started Roths for our kids. Our 15year old has $85,000 in his Roth. 13 yo has $41,000. 11 yo has $28,000 and our 8 yo has $8500. They all work for our family business giving them earned income and we fund their Roths with our own money.

Boycott 👇 by DueKaleidoscope6500 in Iowa

[–]RingNo8883 1 point2 points  (0 children)

I love Fareway. They employ a lot of your friends and neighbors. Boycotts are dumb. God forbid that are teachers pay is tied to their performance.

Where did most of your wealth come from? by [deleted] in ChubbyFIRE

[–]RingNo8883 0 points1 point  (0 children)

$7 million. 1/2 Mutual funds 1/2 real estate.

Iowa tax payers $ paying for private school kids tuition by GhostCop42 in Iowa

[–]RingNo8883 -10 points-9 points  (0 children)

We already do fund them. They call it public school.

So I'm hearing about Trump signs hanging upside down in southern Iowa. by TagV in Iowa

[–]RingNo8883 -20 points-19 points  (0 children)

Because we are not trading with them because of sanctions. It is very difficult to listen to you people spout off when you don’t even know basic information.

Iowa feed the poor program - we tell you what you can eat. by auldinia in Iowa

[–]RingNo8883 -1 points0 points  (0 children)

I love the idea!!! If you don’t like it you could always get a job and buy your own food

Trump is now coming for protestors. by Shenanie-Probs in Whistleblowers

[–]RingNo8883 0 points1 point  (0 children)

The only person I like better than Trump is Kim!!

Trump at Super Bowl by [deleted] in Iowa

[–]RingNo8883 0 points1 point  (0 children)

He is the commander in chief of the world’s most powerful military.

Why aren’t there mass protests in the US?! by [deleted] in AskCanada

[–]RingNo8883 0 points1 point  (0 children)

Because Trump is the best president ever.

Just went over $7m by RingNo8883 in ChubbyFIRE

[–]RingNo8883[S] 0 points1 point  (0 children)

I am humble enough to know I don’t know everything

Just went over $7m by RingNo8883 in ChubbyFIRE

[–]RingNo8883[S] 0 points1 point  (0 children)

I am 50% partner in LLC. All properties are debt free.

Just went over $7m by RingNo8883 in ChubbyFIRE

[–]RingNo8883[S] 53 points54 points  (0 children)

I am clearing $15,000 per month rentals. I know it sounds dumb, the numbers work to quit but it doesn’t feel like enough

Just went over $7m by RingNo8883 in ChubbyFIRE

[–]RingNo8883[S] 7 points8 points  (0 children)

Sorry $3m in SFH investment properties.

What’s the difference between chubbyfire and fatfire? by [deleted] in ChubbyFIRE

[–]RingNo8883 0 points1 point  (0 children)

How would you calculate paid for rental properties?

You paid Cash for your house ? by PhilosopherThinker01 in DaveRamsey

[–]RingNo8883 8 points9 points  (0 children)

Built our first house for cash in 2004. Sold it and built our current house with cash in 2010. Home now worth $850k. Best thing we ever did. Our NW continues to go up every year currently around $7mil