TMP Floating Book Reviews – ‘The Almanack of Naval Ravikant’ – Leads to Jesus And the Agency Problem

By |2021-02-09T09:50:11+00:00February 5th, 2021|

Naval Ravikant is an Indian-American entrepreneur and investor His thoughts, advice and ruminations are documented in “The Almanack of Naval Ravikant” that was compiled by his friend Eric Jorgenson as discussed here during this interview. The Almanack is a pdf book on the wisdom of Naval and it is free, totally free. [...]

Our January 2021 Standings – Can A House Value Rise 3% in One Month!?

By |2021-02-02T21:17:29+00:00February 2nd, 2021|

Can an ordinary house increase in value by 3% in one month!? Our TMP house continued to appreciate, increasing by $4,180 (1.8 %) according to the average of estimates at Redfin, Zillow and Realtor.com: In fact, Zillow had it up 3.0% ($7,140) in one month: Did the house increase in value by [...]

Buying the House on 29th Ave, Apache Junction – 3. We Net $3,310 Based on Our Counteroffer

By |2021-02-08T19:35:58+00:00February 1st, 2021|

Last time we explained how we found “The Perfect Monopoly” house in Apache Junction, made an offer and lost. We came in second. Then we made the offer on a house in Casa Grande that we thought could be “The Perfect Monopoly” house, made an offer and won. But it turned out to be [...]

Buying the House on 29th Ave, Apache Junction – 2. We Cost Out the Inspection And Consider Our Counteroffer

By |2021-01-28T16:52:58+00:00January 29th, 2021|

Last time we explained how we found “The Perfect Monopoly” house in Apache Junction, made an offer and lost. We came in second. Then we made the offer on a house in Casa Grande that we thought could be “The Perfect Monopoly” house, made an offer and won. But it turned out to be [...]

What Are We Looking at This Month? – 1. New Partners Go Prospecting: We Buy One in Apache Junction

By |2021-01-25T20:08:02+00:00January 25th, 2021|

Since Jeff and Jim became “partners” in buying, renting, holding, selling and trading single family homes (SFH) for TheMonopolyProject we have significantly increased our search activities. We are looking for “The Perfect Monopoly” house. We went to Coolidge, an outlying suburb of Phoenix with a hot new electric truck story called “Nikola”. We went [...]

Start Your Own Monopoly Project – Step 6: Get Back to Reality

By |2021-01-28T18:40:15+00:00January 20th, 2021|

Should you start your own ‘Monopoly Project’? Should you start acquiring rental properties? In this series we examine the ways to start your own “Monopoly Project” (TMP). In our first post of this series, we explained the first thing you should do is to get into shape – Financial Shape. Then we showed how [...]

Opportunity Cost – 6. A Stock Mutual Fund, Do You Like Roller Coasters?

By |2021-01-10T01:17:19+00:00January 10th, 2021|

Previously we discussed the concept of “Opportunity Cost”. If you choose to do one thing, you forgo many other choices. This “cost” is true whether it is money, time, or any other asset. We talked about the opportunity cost of going on a ‘once in a lifetime’ 10 day trip to the 75th anniversary of [...]

Our December 2020 Standings – Happy New Year!

By |2021-01-03T22:10:39+00:00January 2nd, 2021|

Now that December 2020 is completed, TMP is still comfortably in second place in “The Financial League”. Gold jumped back up. Presidential jitters? Our TMP house continued to appreciate, increasing by $2,611 (+1.14%); at least according to the estimates at Redfin, Zillow and Realtor.com: But the stock market was [...]

Start Your Own Monopoly Project – Step 5: Get A Partner

By |2020-12-30T22:57:48+00:00December 20th, 2020|

Should you start your own ‘Monopoly Project’? Should you start acquiring rental properties? In this series we examine the ways to start your own “Monopoly Project”. In our first post of this series, we explained the first thing you should do is to get into shape – Financial Shape. Then we showed how and [...]

Opportunity Cost – Bond Mutual Funds and A Mustache Faceoff

By |2020-12-16T14:56:44+00:00December 10th, 2020|

Previously we discussed the concept of “Opportunity Cost”. If you choose to do one thing, you forgo many other choices. The “cost” is applicable whether it is money, time, or any other asset. We talked about the opportunity cost of going on a ‘once in a lifetime’ 10 day trip to the 75th anniversary of [...]

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