After stretching for the nicest house I could afford in 2023, I ended up living paycheck to paycheck for six months. It was stressful enough that I picked up a part-time consulting gig to shore up liquidity. Thankfully, stocks and real estate kept rebounding after a rough 2022, and the broke feeling faded.
I promised myself I would never feel that way again.
Three years later to the dot, I am broke again. And this time I cannot blame a house.
A Severe Miscalculation In The Capital Call Timeline
Earlier this year I wrote about the difficulty of investing in traditional venture capital as you get older. These funds take 10 to 12 years to return…
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