Browse Month: November 2018

Our Passive Income Takes a Punch to the Mouth

Passive IncomeFormer heavyweight boxing champion Mike Tyson was famously quoted as saying “everyone has a plan until they get punched in the mouth.”

While less than two months ago it seemed like we were in pretty good shape to hit our year-end passive income goal, recent events in the financial markets have negatively impacted our ability to generate passive income.

Fortunately, we’re doing our best to adapt to our changing circumstances. Turns out, it seems like we do have a plan for our passive income getting metaphorically punched in the face.

Even though he’s now in his fifties, I still don’t want any part of facing off against Iron Mike in the boxing ring, however!

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Our Solar Bank is Ready for the Winter!

Financial IndependenceOctober was a dark and dreary month in our part of the world, and the unpleasant weather negatively impacted our solar energy production.

For a third consecutive month, the value of the production from our rooftop solar panels was more or less equal to the cost of electricity our household used.

The optimist in me says our solar panels were doing their job by keeping our electric bill as low as it could possibly be.

But the pessimist in me is concerned our mediocre energy production in August, September, and October represents a lost opportunity to have built up more solar energy credits to keep our electric bill low this winter.

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