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Patient Wealth

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Patient Wealth
General Finance
real estate, stock market, index funds
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Blogger Bio

Net worth:
Finksburg, Maryland, United States
Life stage:
SIK (Single Income, Kids)
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Latest Blog Posts

Just a note to let everyone know that I am still here. I have been caught up with a big change in my career, real estate purchases, and cryptocurrency speculation. These have all been very fun but have taken a great deal of my time. Therefore, my wife and I decided that it would be … Continue reading "Still Here!" The post Still Here! appeared first on Patient Wealth. ...
Posted: Sep 01 2018 @ 9:17 PM
When I posted my November Net Worth Index update, I did not include my total portfolio allocation. I wanted to follow-up and run through this as part of my monthly update. It is always a good idea to do an overview of how your entire net worth is allocated to ensure that you aren’t exposing … Continue reading "November Portfolio Allocation" The post November Portfolio Allocation appeared first on Patient Wealth. ...
Posted: Dec 03 2016 @ 11:48 PM
The November net worth index update now contains the equity value of my new investment property. I have been looking forward to closing this deal for the past few months and have been working on buying a new investment property for a year or so. Also this month, there has also been a significant increase … Continue reading "November Net Worth Index Update" The post November Net Worth Index Update appeared ...
Posted: Nov 29 2016 @ 7:15 AM
I was talking to my brother-in-law about getting started investing in stocks and he asked me about how taxes would be treated. He understands the benefits of using pre-tax money in his 401(k) but wasn’t sure how taxes would work on after-tax money that he may decide to invest in the stock market. Which made me … Continue reading "Pay No Taxes Like Donald Trump" The post Pay No Taxes Like Donald ...
Posted: Nov 24 2016 @ 7:15 AM
I finally closed on my rental property this past Friday. It was a very smooth experience. I was only at about 80% confidence that the deal would close. My experience with real estate is that you never know what is going to come up. People get lost on the way to the title company, the … Continue reading "Buying Another Rental Property: Finally Closed!" The post Buying Another Rental Property: Finally ...
Posted: Nov 22 2016 @ 7:15 AM
I believe the Dow Jones Industrial Average is headed to 150,000 very soon. Does anyone remember the book Dow 100,000 Fact or Fiction? This book was cool based on the title alone. Or how about the somewhat less exciting and provocative Dow 40,000? Both of these books came out in 1999.  The 90’s were such … Continue reading "Dow 150,000 Coming Sooner Than You Think" The post Dow 150,000 Coming Sooner ...
Posted: Nov 17 2016 @ 7:15 AM
I recently had the opportunity to work on a Habitat for Humanity house. This was a very cool experience because I have never worked on a home construction site before. It was also exciting to get out the office and away from my computer screen. Instead of typing on a keyboard I was down on my … Continue reading "Habitat for Humanity: A Great Charity" The post Habitat for Humanity: A Great ...
Posted: Nov 15 2016 @ 7:15 AM
I recently used a wholesaler to put a contract on an investment property. I also recently failed to put a contract on a different property using a wholesaler as well. So it hasn’t been all smooth sailing! As part of sharing my experiences in purchasing this new investment property I wanted to discuss the use … Continue reading "Buying Another Rental Property: Wholesalers" The post Buying Another Rental Property: Wholesalers appeared ...
Posted: Nov 12 2016 @ 11:46 AM
One of the best parts of blogging is reading other blogs. There are so many different personal finance blogs out there that you are sure to find some that are interesting. Each blog reflects the personality and particular interests of its author and there are always new perspectives and topics to read about. Blogs reflect a … Continue reading "Blogs More Interesting Than Standard Media" The post Blogs More Interesting Than Standard ...
Posted: Nov 11 2016 @ 7:15 AM
What can we learn about our finances from the game of Cricket? Actually, a lot. There are seven factors that influence how successful a Cricket player will be and these same seven factors apply to investing and your finances as well. The Seven Factors The most important factors for Cricket players are the following: Speed … Continue reading "Success Factors for Cricket Similar to Investing" The post Success Factors for Cricket ...
Posted: Nov 08 2016 @ 7:15 AM


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