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Weekly Discussion: 26 August 2024
  • Tons of companies have 'officially' pushed out RTO, mine included, but here in Bay Area it's still up to the agreement between direct managers and employees to keep WFH going. So my team still does WFH and other reasonable managers continue to do so for their teams as well. I hope that works out for your case too.

  • How I’d Invest $250,000 Cash In Today’s Market (by FinancialSamurai)
  • Oh ok, I did not know that reputation of the site. I thought it was interesting that they mostly recommend Treasury bonds as cash reserve and I see a lot of discussion regarding that, due to inflation lately.

  • Weekly Discussion: 30 October 2023
  • I think a little nudge is good but if they are not receptive to it, I don't bring it up again. Finance is very personal stuff and my some of friends/family get embarrassed/uncomfortable discussing that.

    also I think it's important to not be completely out of touch since most people in my circle don't have enough money to have a safe savings/emergency stash, let alone invest into retirement. I don't want to piss people off or make them despair talking about FIRE if I know they don't have good income leftover to begin with. That's just been my experience with it, curious how you guys think about it.

  • 2022 Updated Federal Survey: Net Worth by Age (Median)

    | Age | 2022 Net Worth (Median) USD$| |---------|----------------| Less than 35|$39,040 35-44|$135,300 45-54|$246,700 55-64|$364,267 65-74|$410,000 75 or older|$334,700

    Source:

    https://www.federalreserve.gov/econres/scf/dataviz/scf/chart/

    7
    I found my wealth-building people. We agree getting rich is a slow race.
  • I got lucky, the laziest investing method turned out to be one of the better ones. I was originally looking at which stocks pay the most dividends so I can contribute with minimal effort, then learned about index funds, and which funds the most reliable, etc... that got me into FIRE.

  • Weekly Discussion: 16 October 2023
  • Well... I'd rather stay and keep the 25% for an "ok" job 😄. A dream job is so fagile, especially when an important team member leaves / management changes for the worse and changes the entire work dynamic.

  • Have you ever created your own job perks?
  • Wow I hope you don't get caught because that would be serious, manipulating item prices without authorization. Maybe gas station management is more lenient but I personally wouldn't bet on it.

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    *Permanently Deleted*
  • Lmao a bit dramatic writing a "love letter" to a game that's not released yet.

    I hope the game lives up to its hype... but knowing Bethesda, it will probably be buggy and janky before the modding community does the actual heavy lifting as usual.

  • What FIRE stage are you in?

    Hi all, I see lots of subscribers in this community. What stage of FIRE are you guys in? curious about the demographic in here.

    • Neither FI nor RE
    • FI but not RE
    • FIRE'd
    • ?

    I am in the first category, working towards FI for seven years now and recently reached 100K NW. Unfortunately I live in very HCOL area so I still have long ways to go 🥲

    20
    Do you invest in International funds?

    Many people around me are saying US based index funds is enough coverage to FIRE but I want to know if it's worth diversifying even more, maybe 10-20%?

    4
    What is your job?

    curious to know how many low income savers are in the community vs typical FIRE jobs like software engineers

    3
    InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)SN
    Sniffy @sh.itjust.works
    Posts 6
    Comments 28