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Posted on 3/31/23 at 10:27 pm to concrete_tiger
quote:
1. Guy lived in same apartment from day one of out college. Never bought a new car. Never worried about material things. Maxed out 401k. Retired on his 40th birthday.
Now, he's late 40s, no kids, and alone... but he likes to travel to go fishing/scuba, and he gambles. But that's it. We used to see this guy all the time, and have seen him once since retirement.
Bet he has a lot of money, but was living this kind of life worth it?
quote:
3. Roommate was into penny stocks and investing on the side. Trades got bigger and bigger and eventually made enough to quit his job and just trade for fun.
This is the move. But be careful because you can lose your arse.
Posted on 3/31/23 at 10:40 pm to Ostrich
quote:
Bet he has a lot of money, but was living this kind of life worth it?
He lived the life he wanted to live.
I suggest people migrate to the money board and start reading about the people taking out loans to replace roofing, buy their moms out of adjusting rate home improvement loans, etc.
Borrowing money is the way of poor people. Saving money is what rich people do. And it's perfectly easy to travel, etc., while not being a complete farking moron with money.
Posted on 4/1/23 at 12:24 am to hawgfaninc
quote:
without much capital early age being in your 20's
Live as cheap as you can when young, max your 401k and Roth IRA, don’t spend money foolishly.
That’s seriously about it. Live as cheap as you possibly can in your 20s and 30s. You can still have a blast. I know from experience.
Posted on 4/1/23 at 1:02 am to hawgfaninc
Dude in my neighborhood is retiring this year at age 40. He’s in the coast guard and we are a 3 hr drive from the gulf. Do what he does.
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