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Previously, I wrote about calculating the hourly value of your time and touched upon the idea of “work” time vs. “free” time. We think of “work” time as the hours we spend working for pay. We consider the rest of our time “free” time. So, in a traditional 40-hour-per-week job, the thinking goes, you work […]
Somewhere in our popular consciousness, we have the notion that a salaried, full-time job involves a 40-hour work week, and that the time that we are not working at our 40-hour per week job is free time, or what we consider our “life.” In our 168 week, we work those 40 hours to earn the […]
In the portfolio life, the most important commodity we have is time. We invest time in activities that we believe will reward us in one way or another. So, the fundamental question you need to ask yourself if you are living the portfolio life is how much is your time really worth. We often have […]