Millennial Investing - The Investor’s Podcast Network
Business:Investing
REI085: You Should NOT Pay Off Your Debt w/ Alan Corey
Robert Leonard speaks with Alan Corey about why he chose to approach FIRE using real estate instead of the stock market, how he deals with labels or stereotypes of being “different” and “too cheap” and how he manages not to be bothered by them, his definition of “good debt” and how to use that to achieve one’s financial goals, and much, much more!
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
05:45 - Why Alan chose to approach FIRE using real estate.
16:39 - Alan’s definition of FIRE and what exactly it stands for.
25:31 - What Alan means about thinking of each property one buys as a lottery ticket.
26:43 - Alan’s definition of “good debt” and how to use that to achieve one’s financial goals.
40:49 - How to balance the dynamic of what's right from a financial perspective versus what makes people feel good.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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