BROKE TO FINANCIALLY FREE: Truth about my early retirement

[@FIRE_DrNinjaTurtle]

I agree. I went from homeless and broke to financially stable.

[@ChaiTogether]

Same 😊 🫂 Thank you for this channel!!!

[@cherbug1197]

I’m 56 and love your channel! You’re an inspiration!

[@fanjan7527]

Thank you for mentioning that you only really got onto your wealth journey in your 40's. Obviously it is waaaaaay better to start investing as soon in life as possible, but as they say, the second best time to start wealth creation is today.

[@Daphna.]

thank you so much for being here and for your support❤️ ❤️

[@FIRE_DrNinjaTurtle]

I too invest in real estate. I started small and lived in the basement and rented out the top of the house. I lived for free for two years. I invested the money into my second rental. I house hacked my first two rentals.

[@Daphna.]

Well done!! thanks for sharing your story with me and the whole community here❤️

[@SophiaHusbands]

I love your videos, and you remind me that it's never too late to get started. Last year was about grief for me - losses - even cutting ties with former friends. Now, I've entered a new era and even said yes to making giant leaps, even when it can be scary at times as a self-employed person. I love travel and have been fortunate to work as a digital nomad, but I would like to make a big move. Plus, I split my time between two counties.

[@Daphna.]

I'm really grateful you are here sharing your story and thank you for your kind words ❤️❤️❤️

[@annastayziaa]

you're so inspiring Daphna 🥰🥹🥲❤

[@Daphna.]

❤️❤️❤️

[@dewetmaartens359]

I have traveled the world and nothing better than family back home.

[@dianasharonschenker7046]

I met my RE partner in my late 40's. I started building my long term property investment learning how to be in the vacation rentals business.Broke with my partner. I rented out my properties and traveled all over Europe until I sold one property and found Montenegro to purchase an apartment. i manager my US rental property online. I file taxes in the US. My driving force was too eventually to be in the mediterranean in a small country. I live in Montenegro, easy to obtain residency, great location with great people, airports close, climate, medical, dental, even eye care. Food is not expensive or transportation, property tax is low, also utilities.

[@SuhailaSachak]

Daphna, I'm about to be single and dont know much about investing or finances. I need all the help I can get! Thank you for sharing your story!

[@Daphna.]

sending you lots of love from Portugal Xxx

[@apenantioxthi]

Smart and charming woman ! I appreciate the motivation.

[@Jom-jg7ty]

Growing up in Eastern Europe during communism as a child, I had no idea what all these financial vehicles were, because we only used cash. I had no idea what check book, credit/debit card, bonds/stocks were etc. I only was taught by my parents to save money. Investing was never taught. When I moved to Western Europe and then USA in my 20s, I also thought that all I can do is save my money from my jobs. I finally started reading on internet and getting financial books from the local library in my mid 30s. But even then, I still didn't understand quite the power of passive income, but at least started investing in stocks and put money away. Daphna, you're so correct saying that money gives you freedom and choices. I still work full time in a stressful job, but it the job pays well, and I'm putting majority of my paycheck money away for investing into stock market. My older coworkers often complain that they wish to work from home, or not to work etc. I wonder, don't they have any investments/savings anything to lean onto? If I quit my job today, at least I have enough money invested that I could live off my savings until full retirement pension/social security starts kicking in. I don't have rental property and I wish to have buy something years ago when the prices were reasonable. I still feel young and hope to live long time, so I'm doing right everything I can to invest my money, while I can.

[@Daphna.]

thanks for sharing your story and your thoughts with me and the whole community here, your words are so meaningful ❤️

[@pinkandspice1691]

Your doing great with this money saving mindset. I am also on my way to retirement at 58. Some people retire in their 40’s. Everyone has different situation but you are in the right tract if you know how to save money for rainy days.

[@starmaze3250]

Real estate can be great, and it can also go the other way, as any thing else. In my younger days I invested in a lot of properties. Had no idea of the risks. Also, be careful who you take advice from or do business with. They’re also out to make a buck. Thanks for sharing.

[@meredithdarling]

Exactly, decluttering and routines are important sure but financial freedom is sooooo important

[@Daphna.]

thanks for writing this and for being here ❤️ ❤️

[@mk1fourwinds62]

Your channel is such a breath of fresh air and an inspiration to me. ❤

[@Daphna.]

oh I'm so happy you got inspired ❤️❤️❤️

[@vipin6986]

I don't like to make comments on aging, but you look absolutely amazing for being 58. I thought you were younger. Thank you for your videos, I am starting with this knowledge really late, but trying to keep positive and take steps.

[@Martyecho]

As a ex- Mortgage Broker Yes your right BUT! Since the 2008 Bank Crash I went homeless I ws just starting in the business and I ws not Financially prepaired. But afte 8 years living on the streets I studied Computers which I was never taught. but I taught myself and youtube college LOL but true ther's so much onformaito on here. Now I am a top seller on eBay and My youtube channel is just now going as I am retiring early due to no where to live that is affordable. I could now travel and give you all the viewers a exciting education . I will be exploing ancient ruins and fishing anhiking and skiing and much more On a tiny cash flow. but There are so amny wasy as "Dapha" is saying and Daphna thank you for this dynamic education and kind sweet video You are My Champion and mentor. Marty Guarneros

[@Daphna.]

thank YOU for being here and for your kind words ❤️ ❤️ ❤️

[@anastasiawalter2390]

Daphna you are so smart and wise. So true that being financially stable is empowering. You look like a million bucks! Beautiful on the inside and outside!

[@Daphna.]

love you and thanks for these kind words ❤️❤️❤️

[@deadsinner2004]

Back in the 90's, I saved and invested on a monthly basis into a dynamic investment fund and then in 2000 there was the Dot-Com crash and I lost 95% of everything. In the Noughties, I inherited some money and invested in property and then in 2008 there was the Great Recession and once again I was completely wiped out. My brother put all of his inheritance into bank shares - he lost 98%. Sometimes life blind-sides you. You have to have the right idea at the right time in the right place. In other words, be damn lucky ! I hope you never have to go through what I went through Daphna and I wish you luck !

[@andrewsema359]

I went through the Dot Com bubble and 2008. In the DotCom I was fortunate to realize what a bubble was and got out of most of my stock. Maybe it was luck. In 2008 I had saved enough money, but again I was lucky. I woke up on 9 March 2008 and my gut feeling said buy. I did so for a week and it so happened that was the bottom of the market. So again I was lucky. But I knew what to buy. I bought banks as they were so low. Anyway sometimes Luck plays a role in investing or trading.

[@ThinkingQueenNiqco]

I love your videos beautiful scenery, organized, great music, modern and your advice is so simple. I love your vulnerability in using your self as an example in absolutely courageous It is clear what your intention is with sharing. Extremely reflective and I hope healing for you as well.

[@Daphna.]

omg thanks for writing that ❤️❤️❤️ thanks for your generous heart

[@ThinkingQueenNiqco]

@@Daphna. of course it is true. Generosity and confidence it is another great gift of a woman in her 50’s. Thank you for inspiring courage.

[@Zuzana1fan]

Daphna, could you do a video on the criteria that you use when choosing an investment property. I realize each country is a different experience, but I would like to understand your process and how you have navigated this learning curve. Thank you for your inspirational videos.

[@Daphna.]

Such a great question. more content coming, and I'm sooo excited to see what you think ❤️

[@ericvl7430]

Daphna, the property in decay in this video has a lot of potential. Looks big close to sea coast would be a great project to work on. You should buy it... Eric

[@Daphna.]

tnx for your feedback and for your support

[@freecloudfish]

it's so true, we have to be prepare to live alone at some point, better than learning it later

[@edmundhapsburg3217]

love the video ..looks similar to Great Ocean Road Australia ..i live 30 minutes away .. AHH PCEAN AIR AND FORREST ..always inspiring and cleansing great for reset and fun with dog if you have one

[@annahopp]

I love your investment strategy. Invest in real estate, buy inexpensive, renovate, rent long-term to local tenants that will stay a while.

[@Daphna.]

thanks for writing this and for being here ❤️ ❤️

[@MokaandChai]

I’ve been binging on your videos today and I learned so much. Admire your tenacity.

[@Daphna.]

your comment is so motivating, thanks for that ❤️

[@oneonecoco]

Thank you for the realness. 61 here and for now, forced retirement. Funny, while watching your content, and that little negative voice in my head keeps saying “yeah, it’s easy for her,she’s gorgeous”. Obviously that’s not healthy thinking, but just one excuse that passes through my head while trying to figure out my path and niche.

[@Daphna.]

Pls go watch my instagram story- I was answering that exact same thing today

[@radicalstaralchemist3698]

Greatful that I came a cross your beautiful channel beloved soul sister, I'm a healer, and mainly I'm in fb & starting a KZbin channel, I have been in this journey since from tern, being a psychologist and all started in 2020,, I hv been giving group sessions and one on one coaching, I'm from Maldives where you have mentioned however I hv moved to Thailand ❤❤❤

[@Dzookis]

Thank you so much for inspiration and motivation to start build our lives at our 40ties or 50ties!

[@mattgordon9179]

Another thing that people don't get to learn is Tax systems and how when you are running your own business you can make things work to your advantage. I have four houses that I rent and live on a small farm. A lot of my general running expenses i can transfer to my farm as a self employed person. A portion of my Vehicle/electricity/internet/land taxes/home office and so on help me to reduce my tax burden from my rental income on top of the direct expenses associated with the rental properties directly. Be creative and express to your accountant what you desire and are doing.

[@maggieochman1386]

Hi I must be doing something wrong. I have small townhouse and rental property and still working part time. I’m 59 solo and my rental income puts me in higher tax bracket. Now tenants moved out left the property in bad shape. Have to renovate taking money from my line of credit 😮 My accountant tells me there is nothing she can do Now basically I’m paying for two houses 😕

[@mattgordon9179]

@@maggieochman1386 All I can say is be as creative in the process as you can. Where I am if I was having to clean up after a tenant....such as painting and carpentry e.t.c, I can write these expenses off in the current financial year as Maintenance.This will also increase the value of the property there buy allowing you to raise the rent a little. Save this extra rental to reduce your debt. I've switched to using a property manager because im hopeless with not being friends with long term tenants.

[@Toobenator]

I’m SO glad I found your channel! Thank you for the encouragement!

[@Daphna.]

makes me so happy to read❤️❤️❤️

[@Neo72]

0:23 Awesome. I didn’t get my finacial education till I was 42. Today I went from the check cashing store to not worrying about a monthly pay check.

[@Daphna.]

Thank you for sharing and for being here ❤️

[@luisaleonardi666]

Appreciated all your sincere communication and virtual support for financial newbies.Than ks Daphna for the sense of hope you are giving everyone.❤

[@Daphna.]

thanks for writing this and for being here ❤️ ❤️

[@cecilianagy3562]

58? You look stunning. Great video!

[@andrewsema359]

Just to add to what you have you can also buy into monthly paying dividends etf’s. The idea is to add to your existing etf’s or add/diversify into other etf’s so you end up with multiple income streams.

[@life4youtoenjoy]

Great video as always . You took a big leap forward and chances and it is paying off for sure .

[@TheStoneWhisperer]

It's interesting to hear how you prepared yourself for early retirement, thank you for sharing your story. I think anything we fear can cause us to avoid doing it. I guess I've seen others who invest in Real Estate and to be honest, they appear to work harder than I do! There are constant headaches that she deals with; rental repairs, bad tenants, evictions, Property taxes, Real Estate Law changes, move outs leaving your rental vacant for a period of time, disasters in your rentals such as water leaks, natural disasters.....you get the idea! I see my friend dealing with such incredible stress with her rentals, I'm not sure how you do it and stay so sweet and happy in life! However and whatever you're doing to deal with it, it's working! I am not sure I would have the courage to have Real Estate rentals. I'm struggling just to maintain the home I own that I live in full time! For me, maybe one day I'll rent out my house, but I may not even do that. I will likely just sell it and move abroad with the proceeds and buy a cute shack on the shore of India and enjoy my retirement years. I'm the same age as you, and with the Govt admitting that the Social Security fund will be broke by 2033, I must make alternate retirement plans that do NOT include me staying here! I know that Social Security is going to cut benefits in the future just as my generation begins to retire. It's a raw deal for my generation as we paid into it all our working lives to the tune of over 12% of Gross income! So you can imagine I am not happy with the mis-management of the Social Security fund. Fortunately I did start al alternate private retirement fund (we call it a 401K here in the U.S.) and my small military disability pension that will help. In addition, moving abroad to a cheaper Country should secure my retirement financial needs. My goal is to retire early in 6 years, just before they cut the Social Security benefits so that hopefully it will lock in my benefit amount and they hopefully won't be able to touch it! Thank you for your wonderful videos, you don't know how inspirational they are to me! Blessing and Gratitude...Mishka xoxoxo

[@Daphna.]

omg thanks for writing that ❤️ ❤️

[@susanalegorburu1589]

I feel totally identify with you, we are the same age, single and planning to retire early at the end of the year and move to Europe soon. Thank you for your videos

[@Daphna.]

Thank you for sharing and for being here ❤️

[@lize680]

You are so lovely! I'm glad I found your channel 😊🌻

[@Daphna.]

omg thanks for writing that ❤️ ❤️

[@JenShea]

Great video Daphna!

[@stephanieblackmore1461]

Your explanations are well thought out and clear. Thank you. I have subscribed and I look forward to seeing more of your content.

[@Daphna.]

thanks for writing this and for being here ❤️ ❤️

[@mauigirl9527]

Thank You for all Your time and advice… have a wonderful week! Love Your channel and look forward to seeing Your videos every week! 🩷🩷🌸🌅😊

[@Daphna.]

omg thanks for writing that ❤️❤️❤️

[@JaySmith-pv2mw]

I don't know if I want to live into my 80s-90s but I do know I want to make the most of my years between now and then. I'm 58. My Mom is 87 and am blessed she is still with me.

[@Daphna.]

sending you lots of love from Portugal Xxx

[@JaySmith-pv2mw]

@@Daphna. Saluti dalla Florida.

[@chekky47]

Good job! I invest in blue chip stocks in UK USA Australia and I am just diversifying into India. I have bought a few horrible shares in the past but last year I was happy with the 7.9% return and even managed managed an increase of 5.5% on share value. I think if we could stop the wars and have a couple of peaceful years I might be very well placed! Take care and enjoy!

[@allantaylor3288]

Daphna you are an amazing woman and an inspiration to us all here following you channel 🙏

[@Daphna.]

oh I'm so happy you got inspired ❤️❤️❤️

[@ViaAvione]

Thank you, peace & Luv, 🧘‍♀

[@jaanaprall9961]

I relate to a lot of the points you brought up in this video. I'd love any insights you can offer into which countries you have had a positive experience in with regard to long-term rentals.

[@kathyandres8080]

Thank you, Daphne! Where do find your music and is it royalty free?

[@marijacorluka5411]

great!!!thank you very much. This is what I was waiting for! great video...thank you Daphna for financial advice and for your sincerity!

[@Daphna.]

❤️❤️❤️

[@harryhall197]

Thank you again Daphna for a lovely video.

[@dbencic]

I’m 46 and this is exactly what I’m trying to figure out. This video is hopeful and also a bit intimidating, considering the amount of effort and learning involved 😢

[@Daphna.]

One step at a time ❤️

[@linelamothe8727]

Thank you for sharing another informative and inspirational video. I always learn so much from your channel. I have recently started doing my own research on passive income to prepare myself for the my next chapter.

[@Daphna.]

Thank you for sharing and for being here ❤️

[@ChaiTogether]

Thank you for sharing! God bless 😊❤

[@ChaiTogether]

That’s a great lip color Daphna! 😊🤎

[@uksoul2001]

Very interesting and motivating upload, thanks! I use peer to peer real estate investments to generate passive income and it has worked well for the past 5 years. Buying a BTL property is next on my to do list.

[@charmaineferguson1242]

Thank you so much for this video. Your journey is giving me hope.

[@Daphna.]

makes me so happy to read❤️❤️❤️

[@ivanjaramillo5665]

Woow dear! You look very good for the age you are! Do not worry about your accent, believe me it is way too good! Honestly I thought you were American but you are Italian! Very cool country I love Italy, been there twice! Thank you for your time and efforts to teach others how to seek other ways of income! Keep building your dreams dear!

[@AnnaChaciyo]

Hey dear, I love you and your videos inspires me alot

[@Daphna.]

❤️❤️❤️

[@marlam3891]

Thanks for inspiring video. I hope I can learn about investing in dividends. I was taught to get rich I had to work hard. But hardworking didn't bring me financial security.

[@joannesaunderson4506]

Thank you for sharing your insights x

[@ianwhittaker3041]

Love the intro music. Who is it? Thanks

[@Sunshinesinthesky]

Thank you for sharing this information. ❤

[@Daphna.]

❤️❤️❤️

[@manojaniroshini7970]

Nice video❤

[@kathydavis-uh5ou]

Great video! What a beautiful place! I would love to know which three countries you invest in. I’m assuming Portugal is one? 😊

[@ChaiTogether]

You do look super fantastic 😊🎉

[@craftsandyou]

Thank you for your great advices❤❤❤

[@wesm3848]

Hi Daphna, I wish you would have put some numbers to your financial security. Financial security is all relative. The title of the video is "broke to retiring early". You didn't seem to discuss the topic. Enjoy your videos and have more questions, but later.

[@liveeverydaylikeitsyourlas984]

Thank you.

[@carolinedelaronde]

Hello Daphna, I'd like know in which 3 countries your invested in real estate? Thank you!

[@wesm3848]

Is owning a rental property worth it in 2024? It’s no secret that single-family homes represent a great investment opportunity. It’s why major corporations have concentrated on owning the housing supply, snapping up homes like crazy for years. There are risks to owning rental property, many of which can be mitigated by choosing the right residents and partner to help you navigate the challenges such as unpaid rent, unexpected costs and high workload. A common fear of first-time landlords is bad tenants. When you put your home on the rental market, it becomes vulnerable to the people that live there. There’s always a risk of getting a tenant that is a drain on your finances and sanity. If they violate the lease or conduct criminal activity, you could face a scenario where you need to evict them.

[@Daphna.]

Yes, I've experienced all these things, and I still think it's worth it. tnx for your feedback and for your support ❤️❤️❤️

[@patrickscholl8507]

Personally, I prefer to invest in crowdfunding instead of real estate. With crowfunding, I can invest in real estate project and I don't have any problem with tenants.

[@Daphna.]

That's a very good point, and the reason I invest in real estate RIETS too. Thanks for sharing your thoughts

[@harry-xo7ue]

Daphna. thank you for the interesting video. You are a real inspiration. At the start of this video, is the location Carvoeiro in Portugal? I had a holiday there in 1984. Its beautiful

[@Daphna.]

thank you so much for being here and for your support❤️ ❤️

[@CanadaAstro]

It sure reminds me of Carvoiero; a stunning place indeed.

[@Sanjay_Basnotra108]

Really wonderful content,trust able content.👏👏

[@Daphna.]

makes me so happy to read❤️❤️❤️

[@Sanjay_Basnotra108]

@@Daphna. i LOVE to see your courage, clarity mindset, firmly mature women. You are creating trajectory will be inspiration to all across men and women. Men and women all are equal, it is a mindset.

[@Sanjay_Basnotra108]

What happened to your Insta? No where to seen, u were planning to sailing upto 90 it seems at 58 we have to advertise in lost and found or........ 🤣🤣🤣👍

[@zdenekzdarsky7845]

I m looking for someone like you. I m moving to the peninsula.😀

[@jcsufi]

another awesome video

[@szilviaeory8456]

Sailing?

[@idrearamacirmtamta1293]

Beautiful white outfit

[@philrincon2601]

Thnx for sharing.

[@Daphna.]

Thanks for your support and motivating words ❤️ ❤️❤️

[@Jupe367]

I think schools, whether it is high school or college, should have a course on investments and financial planning as a requirement. This way, investments can start at a very young age. I wish was taught investments when I was younger.

[@Daphna.]

yeaaaaah love the idea❤️❤️❤️

[@carefulconsumer8682]

Very nice.

[@lightbulb888]

where to start if you don't own a house already? Or have Thousands to buy one? ❤

[@uksoul2001]

You can look at REITS or real estate Peer to Peer lending. I use P2P real estate investing and will use the passive income to relocate to Thailand next year where i will look at buying a property to fix and let out. As she mentioned you can also buy with someone/others to buy a property but must have total trust in the group.

[@not_in_the_know]

❤❤

[@thomasj3421]

Have you invested in US stocks? Through ETFs etc.?

[@Daphna.]

I did 😊❤️

[@Macedonia270]

Where do you live abroad?

[@kiarntz]

❤

[@palebiss1646]

In order to ensure that I have a "opportunity fund" in retirement that doesn't significantly deplete my other reserves, I'm 48 years old, have five investment properties in trusts, low LVRs, and a gross yield higher than my current income. I'm looking for as much debt as I can get.

[@FreemanJameZ]

I am fully employed and make more than £280,000 year in the name of my CFA *Leah* *Alderman* *Foster* Since the loan buffers are ridiculous, those with greater would either have a different structure or bought the majority of their holdings before to the banking royal commission. We are paying for the difficulties that the banks created in the past.

[@collins.l454]

Eurodollars are the other currency. They are the product of international commercial banks. They go by the name "red dollars" occasionally. The Fed does not produce most money; commercial banks do. Only government debt can be financed by money created by the Fed.

[@CoreyLloydo]

At $90, I considered buying a Nike. I'm so glad I refrained from making the purchase or setting up an autoship! When I looked her up, I found your CFA impressive, and the huge price reduction makes it even more alluring than before! Starbucks is the same.

[@OscarOwenn]

I get ready to use 2X/3X etf as a hedge on any funds I own. My prediction is just that-a prediction, not yet realized, just visuals in my head.

[@collins.l454]

Since they altered the approach, I have come to value ULTY and now eagerly await the announcement each month. This is the stock market's Volatility Decade.

[@waterydepths5584]

"soul-sucking job" Been there, done that.

[@haiji1996]

Hello. You mentioned that you invest in Bitcoin. Do you think Bitcoin has a potential in the future?

[@Daphna.]

I don’t give financial advice. I can only share what i do

[@tinaberlec8638]

Omg 58???!! You look 45. 🎉

[@timber-rider]

Who is the lucky bastard filming your lifestyle shots?

[@Daphna.]

I have a team helping me on my channel. I couldn't have done it alone

[@KavanOBrien]

I know you won’t reply but that’s ok = you have to do what you want and not what others want you to do , eight years older than you but our soul age is the same , but also intend to live past a 100 = 106 sounds a good number = maybe I will get a reply when I reach over a 100 .

[@Daphna.]

thanks for sharing your story and your thoughts with me and the whole community here ❤️

[@KavanOBrien]

@@Daphna. Wow = looks like I got a reply 34 years early , possible that my British humour takes a lot getting used too , take care sweet soul = me.

[@poonamdinkar2146]

A Big 🫂 towards your sharing through KZbin channel. Angels 😇 are not live in hell, if they don't find it, they create it & You are the living example! Quite inspiring video with a genuine approach. 🦚⏳👑🌧️🎁✨💥