“Earn in Dollars, Spend in Pesos” — An Easy Strategy For Building Wealth

One hundred thousand dollars.

It may not be much in the United States, what with inflation and housing costs, but having $100,000 parked in 5% yielding dividend stocks or treasury bonds can still cover your annual rent in much of the world — without you ever touching the principal.

I’ve spent less than $5,000 per year on rent every year for the past decade.

And I’ve done this without bargain hunting, compromising, or living in some small town with nothing to do.

In fact, I’d never lived in a city of less than 1 million people until a 2021.

And in this article, I’ll explain how and why…

Respect For The Dollar

In his work Lyrical and Critical Essays, Albert Camus wrote:

[E]verything must be done so that men can escape from the double humiliation of poverty and ugliness. Though born poor in a working-class neighborhood, I never knew what real misfortune was until I saw our chilling suburbs. Even extreme Arab poverty cannot be compared to it, because of the…