In Search of the Green
Tylene Henry’s Site
Better Investing
Louboutin Shoes
*Intro and outro music are from an original piece by
Carl Zukroff of The Blue Hotel
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You have stumbled onto another episode of Get Your FILL – Financial Independence, Long Life where we explore ways to achieve both of those goals. Last week and next week we have Jeff Hiatt talking with us about fast-tracking our depreciation using cost segregation. Cost segregation accounting is the best of both worlds. You are both taking a lot of your tax benefits earlier by putting many parts of your building on a shorter depreciation schedule and potentially extending your depreciation by itemizing parts of the building that likely won’t last 27.5 or 39 years. If you missed Jeff last week, check it out.
This is an even-numbered episode so normally we would be in the Sunrise Series format with a different topic for every day but I’ve been listening to some of the past episodes in that format and I think they’re kind of boring so I’m going to mix things up a bit. Whenever possible, I’m going to have a co-host because it’s nice to have a few voices to listen to. I’m also going to focus on just one aspect of financial independence and one aspect of long life and call it a day. That should allow us to go into more detail and hopefully be more interesting. If you find you miss the old format, let me know. I’m doing this for you.
And along those financial independence lines, I’m very excited to be joined today by Tylene Henry and I’m gonna let her give you her bio. But I first met Tylene because she was forming an investment club that I ended up being a part of. And so we’re gonna talk a little bit about that as well.
C: So, Tylene can you just give us a little bit about your background?
T: Absolutely, so thank you so much I truly appreciate you inviting me to be a part of this awesome podcast, that you have started here. It takes a lot of diligence and persistence to continue to do it. So hats off to you. I hope that one day when I grow up, I can be as persistent.
And yup, you were truly a blessing and you came at the perfect time to take the investment club to the next level.
And so I really didn’t know anything about forming an investment club being a registered investment advisor, I’m not allowed to be in an investment club. And so, my purpose and role was more of a facilitator in providing the information that the folks that were interested in forming the club would need. And we use the book In Search of the Green, How to Start an Investment Club When You Don’t Know from Beans.
And so using the Better Investing model really just following that and being more of a facilitator and helping to keep people on track as they were going through the different steps to form an investment club. And then you came and it was like perfect timing because it took a long time, as you know, to really get people to be aware of the commitment that it takes and the different things that you have to put in place in order to have one. So anyway, that was that, so thank you.
I am from Detroit, Michigan, grew up… My dad’s an entrepreneur, my mom stayed home most of the time, and I grew up in an environment where I was in some cases, in most cases, the only black child and so that came with advantages and disadvantages. But I’ve learned that every apparent disadvantage is an advantage in a certain way.
And so what it helped me to do is really understand kind of socio-economic perspectives, and situations, how you can be in an environment where you might be around more affluent people, but socially, you may not be included in that environment, but there are certain resources and ideas and things that you may gain advantage to that you would not hav