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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!). Duration 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. Other Notes 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. Playing Along? 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! Key Notes 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!
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SeanI 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. |