Invest Or Pay Off Debt (WHAT TO PRIORITIZE AND WHEN)

▸▸▸Enroll in our Stock Market Investing Course for Financial Independence and Retiring Early: https://ourrichjourney.thinkific.com/ Enroll in our new 21 module, 4-plus hour stock market investing course with more than 30 handouts of summary notes, homework assignments, and resources. Learn how to research and select investments, how to determine your asset allocation, how to rebalance your portfolio, how to optimize your investments for tax purposes, how to automate your investments, and much more (including a 19-page Investment Plan to work on)! ▸▸▸Enroll in our FIRE Master Class: https://ourrichjourney.thinkific.com/courses/FIRE-master-class This FIRE Master Class is designed for people interested in pursuing financial independence and retiring early. In the Master Class, we explain how to live off of your investments during early retirement; how to withdraw money from your investment accounts to support your living expenses during retirement; how to calculate your FIRE number; new and creative ways that you can save money; new side hustles for making money; how to invest in the stock market and in real estate; we discuss healthcare options in retirement . . . and MORE! ▸▸▸Enroll in our How to Move to Portugal Course: A Step-By-Step Course to Relocating and Living in Portugal: https://ourrichjourney.thinkific.com/courses/portugal This course is designed for people interested in moving to Portugal. In the course, we explain the visa process, the documents you need to submit for your application, and the step-by-step process that we took to obtain our visas; we explain the residency permit process and how we obtained our residence permit here in Portugal; we explain the process for buying and renting a house in Portugal; we discuss healthcare, school options, and setting up NIFs, we explain taxes here in Portugal, and MORE! Books that have helped us on our Financial Independence Journey ----- The Bogleheads' Guide to Investing: https://amzn.to/2UjEc4j The Intelligent Investor: https://amzn.to/2MKGokh A Random Walk Down Wall Street: https://amzn.to/2zIVI8p The Book on Rental Property Investing: https://amzn.to/2UkwgQ6 Building Wealth One House at a Time: https://amzn.to/2ZJQuDW Rich Dad Poor Dad: https://amzn.to/2ZD29IK The Total Money Makeover: https://amzn.to/2Lc0thn The $100 Startup: https://amzn.to/2UnBpqK ▸▸▸Follow us on Instagram: https://www.instagram.com/richjourney/ Our Rich Journey – Making Over $500 a Month in Passive Income from Stocks – See Inside Our Stock Portfolio (Ep. 14): It's August and time to go back into our stock portfolio and show you how it has been performing. We began this particular portfolio in March of 2020 by investing $5,000 into three different investments. Each month after that, we invested another $1,200 into our portfolio. And each month, we've opened up our portfolio and shared the performance of our investments. We're doing that again in this video, but we're also addressing the topic of investing for passive income – specifically, how we created a portfolio that has generated more than $500 a month in passive income for the past 17 months. ▸▸▸Check out some of our other videos! Our Index Fund Portfolio Playlist: https://youtube.com/playlist?list=PLgi-Z0E0r2AKf08xCuyzS3baFYM4Dspzw REAL ESTATE or STOCK INVESTING? - This Will Help You Decide: https://youtu.be/OzH7N1Xu4II How to Calculate Your Financial Independence Number When Investing In Stocks & Bonds : https://youtu.be/0x-2AZ0HTss How to Invest In Bonds | OUR TOP PICKS & Our Strategy for Investing for Financial Independence: https://youtu.be/AIf0Cv8D-AI ETF vs. Index Funds | Our Investments for Financial Independence (FIRE Investing): https://youtu.be/2zpwJWVHKrg ▸▸▸PLEASE SUBSCRIBE: If you like our video, please make sure to "like" the video and subscribe to our channel. We post one video a week related to our journey towards financial independence, including making money, saving money, and investing money. Make sure to check out all our videos and . . . join the journey! DISCLAIMER: We are not financial advisors. Our videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research! AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our personal opinions. #FinancialFreedom #HowToRetireEarly #FinancialIndependenceRetireEarly