Roommate-living helped this 30-year-old millionaire save for a mansion | FIRE Starters: MarketWatch

แชร์
ฝัง
  • เผยแพร่เมื่อ 14 ก.ค. 2024
  • Todd Baldwin ‘house hacked’ his way to financial freedom. Now he and his wife, Angela, are living without roommates for the first time in years as Todd preps to build a mansion and a ‘dream house’ for his mom.
    MarketWatch provides the latest stock market, financial and business news. Get stock market quotes, personal finance advice, company news and more: www.marketwatch.com/
    Subscribe to MarketWatch: bit.ly/38LMEoF
    Follow MarketWatch on Facebook: / marketwatch
    Follow MarketWatch on Twitter: / marketwatch
    Follow MarketWatch on Instagram: / marketwatch
    Follow MarketWatch on LinkedIn: / marketwatch
    #FIREStarters #MarketWatch

ความคิดเห็น • 36

  • @ToddBaldwin
    @ToddBaldwin ปีที่แล้ว +50

    Thanks for having me on Fire Starters! I have been a fan of this segment for years and I'm honored to be a part of it!

    • @flyingstar7846
      @flyingstar7846 ปีที่แล้ว +2

      Hey Todd please make new videos we are eagerly waiting for it please

    • @TheFoo_Fighter
      @TheFoo_Fighter ปีที่แล้ว +1

      Your story is awesome! Congratulations! I love that your car is fairly modest… 😅
      I’m new into the investment/real estate game. Also I’m based in Germany. Do you have any advice that’s applicable here as well?

    • @ToddBaldwin
      @ToddBaldwin ปีที่แล้ว +1

      @@flyingstar7846 You got it! I plan to get back in the studio soon. I had to take some time off with my infant son, but I'll be back at it shortly 😃

    • @ToddBaldwin
      @ToddBaldwin ปีที่แล้ว

      @@slydawwg Spam Starter? I was able to retire at 28 years old because of good money habits and smart investing. I encourage everyone to do the same.

    • @bhs4430
      @bhs4430 ปีที่แล้ว

      @toddbaldwin love your story. We are on a similar journey and recently a new business owner with one child. Can you provide more insights or resources to the IRS criteria for Roth IRAs for employed children modeling for family business (we own self storage)? Everyone I talked to seems unfamilar with what we need to do to CYA and set up/contribute for our “model” child for the family business.

  • @trailer1210
    @trailer1210 ปีที่แล้ว +12

    Imagine being that kid!!!! Graduating Highschool and having a Million in the bank! :D

  • @ConradLayn
    @ConradLayn ปีที่แล้ว +4

    @Todd Baldwin What I truly appreciate about this gentleman is that he is a good human being first. Todd figured out how to have life balance 🙂 This man is a legend. Keep up the great work and I love the balance of family first and finance 🤠 I'm truly rooting for you and I love that you retired your mother

  • @jasminethomas8633
    @jasminethomas8633 ปีที่แล้ว +2

    One of my new favorite fire testimonies. May God continue to bless and prosper you and your family! 🙏🏾

  • @blair9149
    @blair9149 ปีที่แล้ว +5

    Congrats on your success! Great video

  • @ashleighking9073
    @ashleighking9073 ปีที่แล้ว +9

    I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks. I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities

    • @ashleighking9073
      @ashleighking9073 ปีที่แล้ว

      Hi, please who is the expert assisting you and how do I reach out to them?

    • @maryhogan9619
      @maryhogan9619 ปีที่แล้ว

      She’s very active on what’s APK” messenger 👇👇 and Tele-gram

    • @maryhogan9619
      @maryhogan9619 ปีที่แล้ว

      She’s active with this +𝟏𝟕𝟓𝟒𝟐𝟐𝟗𝟎𝟑𝟔𝟗 currently

    • @maryhogan9619
      @maryhogan9619 ปีที่แล้ว

      Whats~~ App 👆👆

    • @maryhogan9619
      @maryhogan9619 ปีที่แล้ว

      AshleyAiragahi

  • @MDJ14_2T
    @MDJ14_2T ปีที่แล้ว +1

    Good for you Todd! Blessings to you and your family. Advice, teach your children the value of a dollar and what it means to put in the hard work and you’ll be just fine. Remember, you and your wife did it so be that example…while spoiling them just a bit. 😬 Btw, I’ve always been interested in moving to Seattle…how can I get in touch about property ownership? Thanks!

  • @OzWiingsLLC
    @OzWiingsLLC ปีที่แล้ว

    They match eachother in looks....i like that

  • @musiclover6842
    @musiclover6842 10 หลายเดือนก่อน

    I love how he takes such good care of the baby! Great dad and he is rich?!
    The little bun really lucked out with both parents. Thanks for showing us a day in the life I’ll have to rewatch again though because there’s so many gems in this.
    What I missed I think is how he met a partner that was willing to go FIRE, not everyone has that discipline. That’s something I’m struggling with rn in finding a partner.

  • @musiclover6842
    @musiclover6842 10 หลายเดือนก่อน

    Oh and as for the title how did he find a suitable roommate ?

  • @divinefem6582
    @divinefem6582 ปีที่แล้ว

    There is a patent in FIRE

  • @daisyn0l4n
    @daisyn0l4n ปีที่แล้ว +1

    How can you end up with a million for your baby after 18 years with a contrition of 6k annually in roth ira??? It only yield 7-10% return.

    • @ToddBaldwin
      @ToddBaldwin ปีที่แล้ว +10

      We filmed for about 10 hours, and not everything that was filmed was published. I will also be buying my son a cash flowing rental property on a 15 year fixed mortgage, so by the time he graduates high school he will have a fully paid off house. That plus the IRA will add up to about a million dollars.

  • @FA9082
    @FA9082 ปีที่แล้ว +4

    Hope my guy got a prenup. American women LOVE filing for divorce! 👀

  • @autobotdiva9268
    @autobotdiva9268 ปีที่แล้ว

    wife a cpa and he has all the real estate....EMPIRE