Did you know we have a podcast? Check out the most recent here and hear us discuss these terms! Passive Income Challenge Podcast
How do you win?
We wanted to keep this one simple, we are going to heavily skew the results based on the amount of return gained in the 60 day window. As of right now, we are planning to factor the earnings based on how many days your investment was vesting.
Example: If you only use 30 of your 60 days, and get a $10 return on 100, we are going to assume that standard return and you have made 10% in 30 days (which would be an incredible return!).
As mentioned above, we are running this first sample for 60 days. Something short and exciting. We are aware this is not long enough to really bake in results, but being our first run at it we wanted an aggressive end date.
We will definitely be discussing things like risk, and time cost during the coming weeks. Nothing is truly passive unless you get it up and running smoothly. While those things will not be considered this time around, we want to be completely transparent on our investments during this period.
If you want your idea mentioned, please send me a note (Sean@Planningfire.com) and I will review your submission for discussion on our podcast!
Investment Start Date: November 4th - November 22nd
Investment End Date: 60 days from your start date
Track your time spent
Track your costs
Track your returns
Thank you, and I hope you will join us!
I am just a regular guy who does far to much research on financial independence and early retirement (FI/RE). I look forward to sharing my journey with you all.