Comparing Job Income with Investing

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David_S_Meng
楼主 (文学城)

Comparing Job Income with Investing

By David S. J. Meng

(A) In 1993, my wife and I graduated and started working.  We are ordinary employees, started from 0, and have had no inheritance.  In 2011, we started to buy rental houses.  We have full-time jobs and three kids, and we spent a few hours per week on real estate.  Investing in real estate has made a big difference in our net worth.  In addition, our net positive cash-flow from rental properties has approached $150,000 per year.   

(B) Returns for Berkshire Hathaway (led by Mr. Warren Buffett, one of the best investors of all time) and SP 500 are obtained from https://www.berkshirehathaway.com/letters/2019ltr.pdf, which is gratefully acknowledged. The returns are averaged from 2011-2019, to be comparable to our time period of 2011-2019.  The returns are compounded with dividends and profits reinvested.  Small real estate investors can beat the market, and compound wealth at a fast rate. 

Hope our small humble example will motivate you to invest and make your money work for you, to reach the dream of financial freedom.  (by David S. J. Meng)

 

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David_S_Meng
My previous postings were deleted. I asked someone with experie

My previous postings were deleted.  I asked someone with experience and was told that my articles contained link to my book and it is advertisement and not allowed.  Sorry.  

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David_S_Meng
Sorry, my bad. That was my first time posting and I didn’t know
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David_S_Meng
I have now deleted all links to my book. Hope my article will b
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andy99
这个比较真实:房子是省税,升值,现金流,杠杆,多管齐下呀!
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if_sky_cry
谢谢分享,过去十年的确是房地产的黄金时代
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David_S_Meng
Hope my article will be useful and beneficial to some people

I have deleted all links to my book, to avoid any appearance of advertisement.  Hope my article will be useful and beneficial to some people.  I have a colleague, a genius from Australia, whose name is Brian.  Years ago, he spent a lot of time and wrote and published a book.  I asked him: "How much do you get paid from your book?"  He laughed and said: "It's about $0.05/hour for the time I spent in writing the book, much lower than the minimum wage."  I said: "That's not worth it.  Why did you do it?"  He smiled: "Three reasons.  First, humans have a need to express themselves.  Second, it's a hobby.  Your purpose for the hobby is not to make money.  Third, if my book can inspire, encourage and lift up some people, it makes me feel that my life has more meaning."

 

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IEbird
Thanks. You did it to inspire ordinary people pursing financial
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IEbird
freedom.
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USATiger
讲的不错,数字真实,推荐给越王一阅,呵呵,他上次和我争论
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darkrifle
好文。今年太特别,政治黑天鹅一只又一只飞出来。
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sweetptt
所以不要装着不是作者,欺骗大家是别人的书。
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pop01
所以这个经历没法主动复制。
看看不买
我会等等看,贝扳出来喊一声就上,上次喊跌很及时
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David_S_Meng
您误解了,本来就说明了是我的书,只是不应有链接。谢谢
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David_S_Meng
谢谢您
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David_S_Meng
谢谢您
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David_S_Meng
谢谢您的支持
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David_S_Meng
每个decade都有些人做成功了,我们一起讨论一起努力
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David_S_Meng
谢谢您
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David_S_Meng
谢谢您的鼓励
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David_S_Meng
是的贝版很棒
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David_S_Meng
谢谢您