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Forced into retirement at 28

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Headachelad:

Hey Mustachiens!

After a severe mental breakdown due to overworking + bipolar type 2, Dyslexia, and a recent severe concussion I am no longer to work. I have accumulated some assets and quite a bit of wealth relative to my age and I'm looking at a way to turn it into passive or semi passive income streams in order to sustain myself indefinitely until i am able (or willing) to return to work again.
I currently live in Canada, but have no family. After extensive traveling and living abroad I may end up emigrating elsewhere in time and would like to structure my assets for that possibility.
Current expenses are inflated due to Therapy (both physical and mental) but I hope to eventually not require those in time which I will outline below.
Note: I also have a few businesses launching in 2017 which I have made hires based on rev share to delegate most responsibilities sans larger calls, but these in no way guarantee a successful outcome due to the market saturation and lack of overall startup capital invested, so the below will reflect a likely scenario in which these do not yield any profit.

Life Situation:
 28 year old entreupenuer, living in high COL area in BC, Canada, currently not able to work. 

Deductions:
Physio therapy - $1080 / month (3x$90 sessions per week)
Other (medical)- $900 / month ญญ
Real Estate -  $2900 / month -> work live zoning //// investment property
-This includes insurance, interest, work live zoning, utilities etc.
$58560 deductions/year


Rental Income:
$4200 / month from rental properties

Current expenses:
Expenses primary residence
Mortgage - $550,000 @ 2.69 30 years $2,223 / month
Other unavoidable (total) - $643 / month $7720 / year
$34,392/year
Rental properties:
Mortgage $480,000 @ 2.69 25 years 2,195 / month $26,862/year
Other unavoidable (total) - $612 / month $7344/ year
Misc expenses (rounded up based on 2 year averages)
Food: $1000 / month $12,000 / year
Transportation: $80 / month $960/year
Medical
$23,760 / year

rounding up slightly $100,000 / year


Assets: Amount & description -
Condo 1
$800,000 - $250,000 equity
Condo 2
$530,000 - $50,000 equity
Cash
$573,000 CAD
$270,000 USD
Crypto
300 BTC
Office stuff (computers):
$15,000


Extra:
-Nothing invested in my TFSA or RRSP as of yet which both have a $52,000 ($104,000) limit on them.
-My primary can be rented out @ $3900 a month down the road in todays market


Goals:
-Become Financial independent with "stable" sources of passive or semi passive income that can be managed remotely
-Hold as much of my crypto as possible
-Portfolio that is flexable enough to not take a massive hit if I choose to emmigrate from Canada

Comments:
-I've researched a lot about FIRE the last year, but have serious Analysis paralysis and the amount of information is overwhelming. Looking for any and all input.
-Right now my frugality is taking a back seat to adress my current  concerns, these should go down in time but its so mething I can't really budge on, health comes first.
-Despite the cap rate, i'm not looking to sell my properties at the moment
-I've read Canadian coach potato
Questions:
-What investment vehicles would best suit my goals?

Appreciate all help, thanks for reading.

shotgunwilly:
You have 300 BTC? Or $300 in BTC?

boarder42:

--- Quote from: shotgunwilly on October 16, 2017, 01:06:14 PM ---You have 300 BTC? Or $300 in BTC?

--- End quote ---

yeah this could be a huge difference.

Headachelad:
300 btc so exchange x300

boarder42:
istn bitcoin worth 5300 right now.  making that 1.59MM dollars.

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