Dark Side of Financial Independence Retire Early (FIRE - Early Retirement) Part 2

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Canadian Real Estate Channel

Canadian Real Estate Channel

Күн бұрын

Пікірлер: 113
@ShariKaye
@ShariKaye 6 жыл бұрын
At the end of the day we want to know that our life mattered. That we made a difference. Purpose-fulfillment-challenge-creation. I’m a few years away from financial independence and the topics you touched on crossed my mind at the onset of my journey. Listening to you grapple with the dark side of FIRE made me vividly remember my thought process and my WHY. I hope you are abundantly full of purpose. Rich in relationships and overflowing with gratitude. All the best to you!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thank you for such a meaningful comment!i really appreciate your support!
@ninacheng6509
@ninacheng6509 6 жыл бұрын
I really appreciate these type of talks it really let people get to know you on a personal level. I just went through a life transformation myself, I always thought I was an introvert because I'm technically 'solo travelling' here in Canada (been 6 years now) but late last year I've been pushing myself out of my shell and discovered I love social then eventually got more and more comfortable having big or small talks. I love big talks, so I don't know if I'm really an extrovert or not but it doesn't matter. Eventually you'll care less and less about how people think of you. And when I feel down, I work out or practice gratitude/meditation, or even go for a walk in nature, really calms me down. Hope you're feeling better now, cheers!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks for sharing your experiences Nina! I really appreciate you sharing in the comment section - you’re right - a lot of it just comes down to forcing yourself outside of your comfort zone.
@ninacheng6509
@ninacheng6509 6 жыл бұрын
haha comment section is important! I'll remember that :D
@JohnnyoftheLion
@JohnnyoftheLion 6 жыл бұрын
It sounds you are running out of Dopamine hits. You've achieved something society tells us is one of the last things we should achieve. I don't think seeking out more experiences actually create lasting happiness. Once you're FIRE, it feels like you already won the game and you're just screwing around the post game. What's really helped me was pursuing mindfulness and meditation. Check out the research on it and I think it might at least be beneficial to your situation.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Great points! I've just recently started meditating. Thanks for the tip! You're analogy is so spot on that it feels like I won the game and am just screwing around with the post game. This rings soo true. The more I think about it, the more perfectly it fits my current feelings/perspective! Thanks again for sharing!
@aaronb92
@aaronb92 6 жыл бұрын
I love these types of videos Matt. Definitely need to upload more of these! I'm a 26 year old living in North York, Ontario and looking to buy my first rental property this year. The amount of information in your videos is absolutely priceless and you are so so motivating. If I'm ever in London I'd love to be able to meet up with you and chat. Keep up the amazing work!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks for the kind words and support!
@nss490
@nss490 5 жыл бұрын
Great video. New to your channel and still exploring... you mention in this video that you have been doing more “on the surface videos” and less videos about yourself. I hope you keep doing these personal videos as they are the reason I am subscribing and also what makes you stick out from the crowd. Very interesting to hear your “luxury” troubles. Exact same for me after going FIRE. It’s been an emotional rollercoaster and I’m kind of still on it. My ego is very confused and transforming in too this new person is a challenge as my whole identity and a lot of my confidence having been tied up to my previous jobs and the industry I was in. Happy Xmas and again, keep it up!!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 5 жыл бұрын
I'll be doing a follow up video on this one in the next few days and hope to get it released around the new year. Thanks for the support!
@reasonfeel
@reasonfeel 6 жыл бұрын
I can be financially independent and quit my job, but I "need" to work. My two children have chronic illnesses and they require health insurance for the rest of their lives. Because of this, I enjoy the work that I do because it's for them (and my wife, of course).
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Snug! I really appreciate you sharing your experience and situation. I'm sorry to hear about the chronic illnesses, but I'm very glad to hear that you've found enjoyment in your work because it's for them. Having a reason for your WHY is soo important, whether it's a why you work or why you retired etc! Thanks again for watching and commenting!
@kjw7815
@kjw7815 5 жыл бұрын
This is an old video Matt, so I'm wondering if you can comment on what has changed since with each point you've made about your experience in becoming FIRE. I think my suggestion would be that as you said with the "Habits" you can schedule the affairs the next day in that you can sleep or do whatever. In that sense you can also schedule travel be it a month, 2 weeks or a year! That's within your control. With regards to meeting "Friends" small talk is usually the way to big talk. It's discovering what the persons life is like and what they love or hate, what their family life is all about, where they come from, where they want to go. See it gets bigger. You just have to smile and start the conversations and lead them or set them up so the other person will open up a bit more with each question, being relatable is the key. The travel part is where small talk is fantastic and you can also look at it as networking at the end of the day. The more contacts you have the better right?
@sheilas6977
@sheilas6977 6 жыл бұрын
Your honesty and vulnerability in putting yourself out there is refreshing - great video. Keep it up :)
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Sheila! Glad to hear you got value from this video!
@1337Mikael
@1337Mikael 6 жыл бұрын
I solo-traveled to Ottawa, Old Quebec, and Montreal recently over a 6 day span. The big benefit of it is that you get to take your time to look around and really feel the culture in a different city or country at your own pace and schedule. As I was walking slowly and watching the sunset somewhere in Old Quebec, a street musician started playing the piano. Then, the church bell started ringing as a nice, cold breeze came through. At that moment, I found myself smiling and really felt the happiness and space that I was looking for from solo-traveling. It was an amazing experience and I am going to solo-travel again this summer :D
@weareorigin
@weareorigin 6 жыл бұрын
Good way to think of it. I have friends who don't want to be single, but they date unstable people, thus making their own life worse. " I am an adult, I need to work 9am to 5pm, get married, and hopefully no divorce alimony"....is not happy life.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
That's a great story - thanks for sharing Mike - do you plan to do more solo travel in the future?
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Great point WRO - life/happiness isn't a checklist.
@1337Mikael
@1337Mikael 6 жыл бұрын
Welcome. I plan to solo travel whenever I have an opportunity from now on because it was the greatest thing. I love travelling at my own pace and schedule. Highly recommended :D
@larac5034
@larac5034 6 жыл бұрын
Rantings of someone who has no idea what they're talking about: I can personally see how the disconnect begins on the path to FIRE. Often reaching FIRE involves your normal "job" and an additional "job/side hustle" which takes up alot of time and emotional energy leaving people very little time/motivation to continue doing the things they want to do after becoming FI like hanging out with friends, travelling etc. I can see how when one reaches FI they have to maybe for lack of better terms re-learn how to do those things. I'm not sure if the solution is to make things like socializing a priority while trying to reach FI instead of putting all of ones efforts into FI. I feel like it's easy to try and crush that goal out in a few years and put everything else on the back burner so that people can say they did it! Maybe an important part of the path to FI is to try to "find oneself" on the way? Which is WAY harder than anyone could imagine. It seems as though this has an uncomfortably accurate connection to Plato's cave where escaping the prison involves a great deal of pain until one adjusts to the sun. It sounds like this is just an adjustment time! ORRRRR there's actually another cave which is FI and the success is all just shadows compared to truly living life to the fullest and being happy...whatever that means lol. Don't be hard on yourself about the videos as they resonate with many people and if anything is a device to further drag yourself out of the cave and allow yourself to live in the space of "what the hell do I do now?". -End rant
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Love the Plato’s cave reference. I really appreciate you sharing your perspective on this. Finding ones self is a difficult/interesting journey for sure... #firstworldproblems thanks again for the well thought out reply
@erikar6001
@erikar6001 5 жыл бұрын
Loved this video as you touched on a lot of my personal thoughts about the RE side of FIRE. My biggest concern right now is digging into my why and building something (like yourself) that I can enjoy doing even if it was without pay.. I'd love to travel and take a break from cold Canadian winters, but I need some structure and sense fulfillment as well. 😁
@CanadianRealEstateChannel
@CanadianRealEstateChannel 5 жыл бұрын
Thanks for the meaningful comment
@junior26123
@junior26123 6 жыл бұрын
I have recently discovered you and I really enjoy the content that you provide! Thank you Matt for sharing your experience!
@junior26123
@junior26123 6 жыл бұрын
Also enjoy the portions of your videos where you self reflect/thinking out loud
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks! I really appreciate the feedback - and I'm glad to hear you're getting value from these videos!
@Jdlcizzle32
@Jdlcizzle32 6 жыл бұрын
Very helpful content. These are all things I’ve found myself wondering about on my journey to F.I.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Jon! What does you’re journey to FIRE look like? What asset base or passive income number are you aiming for?
@randomlyinteresting
@randomlyinteresting 6 жыл бұрын
Really enjoy these dark side vids, Matt. Can't wait for us to release our new show and thanks for the CF2G producer credit!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
I’m pumped!
@kikyoass
@kikyoass 6 жыл бұрын
Hey Matt. I don’t usually leave comments but solo traveling and financial independence is my forte. Traveling solo is definitely scary every time i do it....but the amount of friends i make after each trip just totally makes it worth it. Try checking out tours like busabout to start. It’s just a bunch of other solo travelers of all ages and it makes it easy to make new friends. It’s a huge plus that we have a much higher spending limit than some other travelers. Be careful....it only takes one amazing trip and you will be hooked for life. After finishing my college education in 2013, I’ve traveled to 45 countries....mostly on tours but there were definitely some solo trips too. I’ve built a network of travel friends all over the world where our main interest is traveling just like i built a network of “financial freedom”friends at home. You can definitely build the exact life you want to lead. Reach out to me if you’re interested in picking each other’s brain and experiences.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks for sharing your experiences! I really appreciate it! Where has been your favourite place to solo travel? (Or are all places equal when solo traveling?) That's a great way to think of it, have FIRE friends, have Travel friends etc!
@kikyoass
@kikyoass 6 жыл бұрын
Matt McKeever the easiest place to travel solo is Europe since most speak English and all is accessible by train or bus. All the westernized countries are easy to travel solo such as japan, Korea, Singapore, Hong Kong, NZ and Australia. Personally i have avoided all tropical islands and resort type destinations because i know my future spouse will want to visit them. Check out this article for a little more in depth list: Top 10 Solo Travel Destinations Around The Worldwww.travelpirates.com/other/10-top-solo-travel-destinations-around-the-world_4801?
@kikyoass
@kikyoass 6 жыл бұрын
Matt McKeever since you already have your own business and real estate, i recommend aligning your travel reward credit cards in a way that allows you to travel free or at least cheap. For example i have multiple chase credit cards here that i use for personal use and all my business expenses. By credit card hacking...i run my personal expense though chase freedom and sapphire reserve and all my real estate and business expense through my business ink...it will rack up points quite fast and allow me to book at least 2 economy trips anywhere in the world per year. It’s a nice way to integrate it all into your life of financial freedom :) not to mention if you have the American Express business platinum or sapphire reserve...you can get lounge access and some other nice “luxury” perks.
@1337Mikael
@1337Mikael 6 жыл бұрын
Also, this video was great. I love these down-to-earth discussions about life. Really easy to sit down and listen to.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Mike!
@williamjones848
@williamjones848 5 жыл бұрын
I don't know if you still read the comments on your old videos, but I thought I would give it a shot. I personally loved this, and hope you continue to post similar content in the future. I am really happy I have found your channel, and I truly value your time. I watch people like MeetKevin and Graham Stephen (I think you might know them), and they are great and all, but now MeetKevin saves most of his valuable information behind a paywall, and Graham talks about very surface level concepts/ideas. However, it didn’t always use to be like that. Hell, even a year ago they were far more forthcoming about, well, everything. It seems that with growth they started to produce less information and more clickbait. The reason I say all of this is that you, without a doubt, will blow up in 2019. You are a better version of both of them and I would hate to see you follow a similar path. Keep up the amazing work, and I hope can understand that amount of lives you are changing. May 2019 bear many fruit.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 5 жыл бұрын
Thank you for this comment! It made my day, it’s a constant struggle for me between authenticity and views... It’s difficult to not chase clickbait and views. I try my best to walk that fine line - I’ve been meaning to do an update on this video and will try to do so this month
@jessicaburroughs5763
@jessicaburroughs5763 6 жыл бұрын
Hey Matt, this video is cool because it reminds me of stream-of-consciousness journalling, just on flim. Julia Cameron talks about it in her Artist's Way book, and I totally recommend you check it out. As for travelling solo, there's lots of options. I've done group travel (Contiki), air BnB, and gone to visit people for the sake of it. Loved it all. You're not competely alone that way, and you leave your options open to have company or not. A good itinerary will keep you busy so you're not wandering aimlessly. I generally prefer a balance between exploring and relaxing. In my experience, nobody cares if you're by yourself, just own it. You'll always relate to someone if you're genuine right? Enticing people to come with you is even better though. That's some next level reverse engineering. I look forward to seeing what unfolds! :)
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks! I’ve added that book to my list I need to checkout - visiting people is a great suggestion. You’re right though that a person should just own their solo travel! Thanks for commenting!
@iamtstamps
@iamtstamps 6 жыл бұрын
I like the realism of this channel. More videos in the future like this please. I'm not FI, but to me I would define it as not being dependent on a paycheck,wage etc., to sustain a living. Would I like to reach a level of FI? Most definitely. I'm looking to build passive income with affiliate marketing and real estate in the near future. I'm new to all this real estate and house hacking but very interested especially since I've been around real estate investing a little bit when my parents where heavily involved in it.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks for the support!
@Michael-ke8on
@Michael-ke8on 6 жыл бұрын
Matt, do you mind doing a video on what your net worth is? Or what your net worth was when you reached FIRE? Or is there already a video where you discussed that? Thanks a lot, Matt!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
I’ve shared bits and pieces here and there. I’m a bit hesitant to share everything - but I’ve added it to my list of things to do/videos to make. Thanks for watching!
@Michael-ke8on
@Michael-ke8on 6 жыл бұрын
Matt McKeever Okay thanks, Matt! Looking forward to it. Just curious because I'm in Ontario too and just want to know when you decided you reached FIRE. I understand about being hesitant, but even a range would be good too! Anyways, thanks again.
@anatoliistepaniuk8217
@anatoliistepaniuk8217 5 жыл бұрын
amazing content. that's what I've been looking for!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 5 жыл бұрын
Thanks! I really appreciate the support on these videos?
@berserkerman78
@berserkerman78 6 жыл бұрын
Great video Matt. I have found the same issue when I quit my job. When I worked and did the rentals as well I even drove around and picked up garbage on my properties. Now I don't even want to drive into the neighbourhood lol. I am looking into travel as well and it should be interesting.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Dan! I really appreciate you sharing your perspective. It's soo funny when I worked, I used to love cutting the grass at my rentals, but now I view it as a burden. It's funny how one's perspective can change overtime. What's on the top of your list for places to travel to?
@vicmajid973
@vicmajid973 6 жыл бұрын
Suggestion: Go learn a language- like for example Spanish or Chinese. This will introduce you to the culture. You will meet people along the route. And you will have a new community of other people who are learning the language. Live in Mexico or China for a 6 month course. Worrying about traveling solo? This will not be a worry. Live somewhere else to understand who you are by seeing what you are not and to learn what you have accepted without hesitation.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Great suggestions Vic! It's a little daunting and intimidating, but I think I just need to breakdown - move to another country into bite sized pieces. Really appreciate your comment
@vicmajid973
@vicmajid973 6 жыл бұрын
How some ballers have handled the issue- worth reading....Imagine having all the money and all the women, etc that you want. What do you do? Check this out.., www.espn.com/espn/feature/story/_/id/22358028/the-nba-obsession-wine
@vicmajid973
@vicmajid973 6 жыл бұрын
I also listened to a guest lecturer named Philip Nutt when I was young (Yes he was P. Nut). He worked for Bata shoes and was sent around the world. He collected tin soldiers and amassed a major collection. Everywhere he went he was able to meet up with aficianados and talk soldiers. I ended up having a career when I moved around the world. Collected art, but it was too much space. Books. Too heavy and wife got ticked off how much room it took. So, I am back to no hobby. Well, doing my CFA for fun though. Level 2 is hard work! Especially when you are an old guy.
@vicmajid973
@vicmajid973 6 жыл бұрын
BUT I really think you still have quite a bit of enthusiasm for real estate. No one says you have to leave it! A break may be a decent idea though?
@sledgehammer3286
@sledgehammer3286 6 жыл бұрын
If you love what you do and enjoy the journey, then your already living pretty good.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks! Appreciate you watching and sharing your perspective - what brings joy to you? What do you love doing?
@2016brownie
@2016brownie 6 жыл бұрын
Have you considered philanthropy? I think at the end of the day travel can be fun, but what we really seek in life is meaning, fulfillment, connection and to know we've made a difference. I'd suggest sitting down with a philanthropic advisor. The world of philanthropy is so exciting. The world is not short of challenges and it is so rewarding to find a cause you care about and work to make a difference - it's the work of several lifetimes.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks for the suggestions!
@garymacdonald5921
@garymacdonald5921 6 жыл бұрын
Love these videos!!! Love the idea of traveling to a destination to learn from you
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Gary!
@honestly101
@honestly101 6 жыл бұрын
Thank you for sharing your experiences Matt.
@kevingregor9553
@kevingregor9553 6 жыл бұрын
Hi Matt It’s Kevin that guy from Mexico who reached out a week or so ago. I jumped in the shower on the last part of your video so only partially heard you say something about Brrrring in El Salvador. Just a quick story about buying my first property in Mexico. (Actually first property period) I found an agent in the street. He found a property in the country (a piece of land overlooking a pastoral setting) I loved it. I had always wanted to build a log house and even took a course up around Ottawa toward that end. The land was 20 grand cdn. I put 10 grand down. Actually!, the agent used my 10 grand to buy the property out right for himself in order to sell it to me for 20. I still would of been happy except for one thing. The owner ripped the 10 grand off the agent and never handed over the deed. My Mexican wife knew a lawyer and he put the fear of jail into the agent so I got most of my cabbage back but I thought wholly crap, this isn’t Kansas anymore. I said all that to say this... It’s the Wild West down here buddy. Throw all your notions about cdn style business practices out the window. This story goes on but I’ll leave it there, I’ve probably yaked way to long for a comment page. AND THANX FOR PUTTING YOURSELF OUT THERE. I really appreciate it.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Kevin! I really appreciate you sharing that insight! Good to know, I do have a tendency to be a bit too trusting, so I appreciate the heads up!
@nicolepittman8801
@nicolepittman8801 6 жыл бұрын
Solo travel can be an amazing opportunity for personal growth. :)
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Nicole for sharing your perspective - any tips on how to embrace solo travel? Do you believe there are better trips/places to visit solo vs in groups?
@vicmajid973
@vicmajid973 6 жыл бұрын
I did things backwards- I travelled while working (as a foreign service officer). Now I am reasonably FI (at 55) and no longer have the travel bug I had as a youngster. I still have a few places on my list tho- African safari, Rome and Florence, and a few others. Nice to look forward to these. For various reasons have to stay in Shanghai for a few more years. But I want to settle and become part of a community. You have created a nice little community with your youtube.
@flowergrowersmith449
@flowergrowersmith449 6 жыл бұрын
I found solo travel incredibly lonely - I wouldn't recommend it myself. You have all these great experiences and no-one to talk to about it!! You see all these groups and couples etc and you're just on the outer. You may enjoy it I suppose but I'll never do it again. I think the idea is to get out of a job you're chained to - however you still have to pay bills, so if you can go part time, that is far more tolerable. My own plan is to go part time (3 days) in my job and set up a small flower farm (my real love in life is gardening) and sell them at farmers markets. I'll rent out my city house, live in my semi rural place and I should then generate enough cash to have a somewhat frugal but much happier life. Monetise the thing you love to do... Good luck Matt.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks! I really appreciate you sharing your experiences with solo travel. Everyone sharing their experiences in the comments has really inspired me and made me excited to embrace 2018 to the fullest!
@aqidon
@aqidon 5 жыл бұрын
Did a lot of solo traveling after uni. Spent 8 months in asia. Started out with 3 months in japan. Alltough I started out alone I was rarely alone on my travels. Most of the time in japan i spent with friends I met along the way, even stayed at their homes from most of the time. Later on in HK i had a really cheap room in Tsim sa tsui. However I was rarely alone here too. Actually met my wife staying there. Had some really good experiences in HK. Later on in vietnam was the same thing. Met people along the way. Rarely spent more then one day alone. You may think Im really extroverted or something. But no, I like talking to people but its hard for me to make the first move. But somehow it just works out. Most people are really friendly, and alltough I didnt mix well with all the people I met, mostly they were interesting people. Also beer helps. I had a particularly hard morning in Saigon where I was all alone, all my friends had left and I had the worst hangover. What to do? Go to the local on the street bar and have a beer. Spill beer on the guy next to me. Say Im sorry, but decide it may be rude just to let him sit there and stew over my mistake so I ask him where he's from and what he's doing there. He says he's mexican. Kinda odd never met any mexicans in my life. then from the other side of my some guys shouts "heeey I am from mexico too" in broad mexican accent. And there you go new friendships forged. Life isnt that hard if you just get out and let it happen too you. I feel like its different now. I do a lot of solo traveling for work. But now I don't have spend the time with people that I used to traveling through asia. And it's hard to make connections. But if you are financially independent like I basically was for a short time, you have the time to let things happen to you. If you dont have anyone to eat brekky with just make friends with the people at the local restaurant. Talk to randoms in bars. Look for people online who might be interested in seeing the same stuff as you. And being alone for a few days can be really nice too. It will work out!
@georgemartin9205
@georgemartin9205 6 жыл бұрын
Great video again! I did a year solo traveling out in mainly Australia and I m the same I like to have meaningful conversations about real topics. I founds doing volunteering / conservation projects in the wilderness most fun. There's a group called CVA Conservation volunteers Australia which I went on. But there would be other groups all around the world.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks George for sharing your experiences! That's a great suggestion to start looking for projects/volunteer opportunities that are meaningful to me. A year of solo travel sounds epic! Any tips for solo travelers? Had you solo traveled before or did you just dive into one year of it?
@georgemartin9205
@georgemartin9205 6 жыл бұрын
I had never solo travelled before the year away, but I did do some test weekends away to some back packers places near to my home. So maybe do some shorter test travel visits for 2-4 weeks to see if you like it before going for a longer time maybe. You mentioned eating out alone feeling weird and the thought of eating at a restaurant alone alone did feel weird to me to start, but you can always find other solo travelers who want to eat out or if your on a project you all help cooking, then eat together. If I ever had to eat out at a proper restaurant by my self, I would just bring a good book to read and enjoy that. Hope that helps.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks George!
@lisaa6099
@lisaa6099 5 жыл бұрын
Excellent reality check. Thank u.
@nss490
@nss490 5 жыл бұрын
You say you have outsourced the management of your properties. Have you done videos on your experience, pros and cons etc? This would be very interesting and I have a list of questions I’d like your thoughts on. I’d gladly post it here if your interested
@CanadianRealEstateChannel
@CanadianRealEstateChannel 5 жыл бұрын
Yes - please feel free to post your questions here.
@DroogOz
@DroogOz 6 жыл бұрын
I would recommend learning a social dance like Salsa. You can meet a lot of people in a structured way which sounds like what you want.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks for the recommendation Paul - I really appreciate it!
@timfelsky
@timfelsky 6 жыл бұрын
Hey how about the local sports team? And can you believe the weather we’re having? Did you see last nights the bachelor? - now that the small talks out of the way. It’s interesting that both you and Michael are starting to feel that way about the work that goes into being full-time landlord. It’s the reason my dad always gave for being reluctant to be my money partner.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Tim! Appreciate you watching the video. I think the biggest thing is our outlooks changed,we passed this milestone called FIRE - which we told ourselves would solve all problems. Turns out there are very few cheat codes in real life. But in regards to the first part of your comment - 😂😂😂 - goooo sports!
@Sellingtheberkshires
@Sellingtheberkshires 6 жыл бұрын
Matt love the concept of traveling to another country not just for fun but to make some business deals. I'm a colombian American and I travel there a lot to just have fun but now that I want financial independence I don't go as often, I'm looking at some real estate down there right now and some farm land in the coffee region. If your down to visit and explore business opertunities let me know.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Nolan! Are you looking at buying only in Columbia? What are your thoughts on other S.A. countries? What do you think is the best way for an outsider to learn about a specific S.A. market?
@Sellingtheberkshires
@Sellingtheberkshires 6 жыл бұрын
Let me look into it. I have dual citizenship so I don't have a problem. But I meet met this German guy in cartagena who bought couple of apartments and farms. So it's doable. Colombia I think is a hot market just because so much Europeans are starting businesses in Medellin and Bogota. Also a lot of international investors are buying up farm land in the coffee region.
@peraa74
@peraa74 6 жыл бұрын
Great video. I solo travel some. If you have a hobby like diving you will meet lots of people doing dives who share your interests. My best advice is to do a pilgrimage to Santiago de Compostella from St. Jean Pied de Port. Time to think and walk during the day and meet nice ppl in the evning.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks! Really appreciate you sharing your perspective and for the suggestions
@dsantosist
@dsantosist 6 жыл бұрын
You are not self indulgent by sharing your FI experiences. I'm 4 months into FI struggling to adjust with daily routine and living my purpose. Anyhow, keep talking. I'm listening.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks for the support!
@KellanJames
@KellanJames 6 жыл бұрын
15:25 - "The moment I all the sudden had tons of free time, that moment is the moment I decided that I was sick of real estate". I've seen this happen at least twice now, and really makes me wonder exactly what phenomenon is going on here. It also makes me wonder if this will happen to myself, or anybody else following a similar path, and more importantly, how can we avoid this happening to ourselves? Regarding solo travel - I've talked to a lot of people about this because it really intrigues me. The overarching suggestion is to just do it. There will be a few days that are hard, and the suddenly it becomes freeing. Now you can go anywhere, and do anything you want, without needing anybody else's input. It's a rare thing to experience, and I look forward to trying it myself! That being said, we should totally go on a 6-month thru-hike together when I'm retired :P
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
100% on a thru hike! I think you're right about it being a little scary/awkward at first - but I'm sure I could quickly adapt to solo travel. I likely just need to decide to make the leap!
@ProlePatrolMusic
@ProlePatrolMusic 6 жыл бұрын
matt, all you need is a girlfriend lol. if u wanna have deep convos there u go. chicks love financially independent men ;)
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
😂😂😂
@AndrewOng
@AndrewOng 6 жыл бұрын
You did a lot of surface level stuff in this video. I wanted more deep talk. Some books that you might have read on "purpose of life", or the "definition of success" or what your unsatisfied desires are and more importantly, why you have them. For example, a lot of people like creating things. Why? A lot of people like helping other people. Why?
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Andrew for the feedback! I’ll try to do a follow up video addressing it! The selfish gene is one book I read to try and get a better sense of meaning.
@2016brownie
@2016brownie 6 жыл бұрын
Because there are tangible outcomes you can attribute to your efforts and you can share that joy with others. For example, as an artist, I enjoy drawing and creating not just because it's fun and I get to be creative, but I also make things. I get to start with nothing and at the end have something to look at that I'm really proud of - and share it with others! I think helping people has a similar effect. You don't 'make' something persay, but you do put forth concrete efforts to make someTHING happen, and when it does, you get to share that success with another. So I think it all goes back to (1) creating (2) sharing meaningful experiences in community with others
@georgemartin9205
@georgemartin9205 6 жыл бұрын
Also if you search for 'Wwoofing ' on Google you can volunteer on local organic farms in countries around the world for next to free..
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Great tips for FIRE or semi/mini retired people looking to travel the world on a small budget!
@datnohi8612
@datnohi8612 5 жыл бұрын
Sorry the title is a bit misleading I didn't click on your video to hear about your personal life I wanted to learn about the fire method
@nebulawars
@nebulawars 6 жыл бұрын
Interesting view on fire. A bit ranty. I so hope I get too fire too :-)
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks! I really appreciate the feedback
@jcabral6231
@jcabral6231 6 жыл бұрын
A good video about life
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks for the support!
@sheilah524
@sheilah524 Жыл бұрын
Where are you with your journey now?
@psycheon013
@psycheon013 6 жыл бұрын
Start a podcast Matt! :)
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks! I actually have a podcast - onfirepodcast.ca about FIRE - or do you mean a podcast more about my experiences or? Regardless thanks for watching and for the support!
@psycheon013
@psycheon013 6 жыл бұрын
I didn't realize you already had one! Checked it out, and it was exactly what I was looking for. And it's even on iTunes, definitely will be subscribing there! Maybe in the future you could host a podcast where you talk about other things than FIRE e.g. more personal stuff/economics/frugality/minimalism/real estate. :)
@natarajanshanker5103
@natarajanshanker5103 6 жыл бұрын
Why not spend your time helping someone with their third-world problems? It would solve your first-world problem at the same time. I don't mean this disrespectfully or judgmentally, I mean it as a genuine and earnest suggestion. It will give you more purpose than any regular job will give, and it will transform someone's life. A random idea to start with - people who are willing to donate, don't know which GoFundMe is genuine and which isn't. The need is there, the resources are there, what is lacking is a platform that can be trusted. You are good at reverse engineering and solving problems, here is one! Set up a social platform where volunteers can donate an hour or two to visit GoFundMe posters in person, take pictures of documents as proof and submit them. And volunteers can only introduced by other volunteers who they trust, so there is *some* element of trust created. Then this app posts to Facebook by itself, so people browsing can see "proof" (I know, there are ways to scam everything, but the idea is betterment not bulletproofness) and decide to donate, rather than what happens now which is total lack of any kind of cred, so people just scroll past. Another one: people around the world have cheap smartphones with cheap data plans (I noticed this in my last visit to India). Why not create a free education platform where people can donate their time (say one hour a day / week / month), to help a kid in need in another end of the world? As an additional step, someone else in the third world can help out by providing their phone or laptop for that one hour to a kid who doesn't even have that. No one spends any money, education gets shared. Something like that. These things take a lot of time, hardly any money (close to zero), and the impact is tremendous.
@icefishing804
@icefishing804 6 жыл бұрын
Dan Lok has videos about this stuff, and he's in Vancouver Canada
@icefishing804
@icefishing804 6 жыл бұрын
Look up Dan lok on KZbin
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks for the tip - will do!
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