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Reply to "What a self made multiple millionaire would do in your shoes to increase your net worth."
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[quote=Anonymous]Another one who will bite: Me: 33 yo, work FT make 140,000 - dream of self employment as I have no passion for my job, but no real ideas on the self employment front, so I stick with it DH: 34 yo, work FT make 95,000, somewhat same mindset as me - we are both hard workers, but low innovators it seems :-) 1 rental property worth 350k, owe 316k. Make approx $300 /month in cash flow and have passive losses after depreciation right at 3k/year, so no forfeited passive losses. Saving for college for one DS. Most of our savings is tied up in 401ks (approx 300k) and about 75 - 100k in various stocks. Our monthly debt (mortgage, student loans, car loan (I love long term low-interest debt)) can be serviced by the 95k salary alone.[/quote]
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