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Old 09-03-2016, 03:57 PM   #41
Thinks s/he gets paid by the post
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Join Date: Apr 2007
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Originally Posted by Koogie View Post
We gave up the great rental on the lake near Toronto and bought a small house on the edge of a city about 50 kms away. I'm not thrilled with it (I am not an enthusiastic house owner) but it only amounts to about 15% of our net worth and DW feels happy there so it was worth it.
Good show. A happy and successful marriage (which I guess is one and the same; sorry for the redundancy) requires both spouses' commitment to reasonable compromises as necessary.

Originally Posted by Koogie View Post
This meant we moved our business as well and I also went into partnership with an old business colleague and sold him 50% of the business. The health crisis reinforced to me how precarious our position was and we needed strong backup and fresh blood. Somewhat to my surprise it has gone well and will for the foreseeable future, I think. It has allowed us to have a better quality of life with more time off, less stress and actual vacations again. In fact, I only tend to work about 3 - 4 days a week at present, so I guess technically I could be called semi-RE already.
Wow, good for you! So many entrepreneurs really struggle with giving up 100% control of their 'babies'. Great to hear that a de facto partnership is working well for you.

Originally Posted by Koogie View Post
On the financial front, I have made headway as well. Until about 2012 I had none of our money invested. I began reading about personal finance, with an eye towards learning enough to be a DIY investor. I am still reading and learning 5 years later.. lol. I have a self admitted tendency toward "analysis by paralysis" and to break myself out of that in 2013 I hired a fee only Financial Planner. She did a thorough investigation and plotting of our finances and goals and helped me to write up an IPS of my own. It was money well spent.
While I am generally not a fan of financial advisors, if her help has given you the confidence to begin investing, then it certainly was money well spent (especially as you went the fee-only route).

"To know what you prefer, instead of humbly saying Amen to what the world tells you you ought to prefer, is to have kept your soul alive". Robert Louis Stevenson, An Inland Voyage (1878)
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Old 09-03-2016, 08:31 PM   #42
Thinks s/he gets paid by the post
Join Date: Jan 2005
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Congrats on your marriage and working part-time! Sorry to hear about your wife's health.

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