Message from @Mr.Black

Discord ID: 582405967245737996


2019-05-27 03:07:44 UTC  

*maximum kek*

2019-05-27 03:08:22 UTC  

well, if your goal is retire as early as possible you need to cut out all expenses and save as much as you can in a way that you will compound what you are putting into it if you want to enjoy yourself and not eat ramen for 5years then you move away from that and go towards comfort

2019-05-27 03:08:40 UTC  

It's because I am still re-programming myself but the idea of living alone in a luxury apartment/townhouse alone with no debt/wife/pets/etc seems amazing but also terrifying.

2019-05-27 03:09:04 UTC  

You could hump a waifu there

2019-05-27 03:09:05 UTC  

also, you could buy in theory a house thats okayish and fix/repair it to then flip it for a higher cost in afew years

2019-05-27 03:09:18 UTC  

If that's your thing

2019-05-27 03:09:23 UTC  

or rent and stash away

2019-05-27 03:09:44 UTC  

@Mr.Black Yeah, I've been looking a lot into "FIRE" and did all the calculations.

2019-05-27 03:09:53 UTC  

I definitely prefer equities over real estate.

2019-05-27 03:10:11 UTC  

I rather start my own venture than turn to real estate honestly.

2019-05-27 03:10:29 UTC  

I do dislike large metros. I lived in a few and they're fucking terrible.

2019-05-27 03:10:44 UTC  

it all depends on what you want to do in the next few years, if you buy you are stuck there so lets say your boss fires you in a year, you now can't pack up and go job hunting in a different area as quickly @Deleted User

2019-05-27 03:12:22 UTC  

Isnt the market basicly on a fed put? All the data sucks as of recent.

2019-05-27 03:12:32 UTC  

Ok so renting it is. Now, what is the best option in renting overall and how long before I move/purchase real estate? I know at some point the math supports owning.

2019-05-27 03:12:39 UTC  

How long can they pump it?

2019-05-27 03:12:57 UTC  

@Deleted User Yeah, the inverted yield curve.

2019-05-27 03:13:06 UTC  

I'm still going 100% equities knowing that.

2019-05-27 03:13:07 UTC  

lol

2019-05-27 03:13:07 UTC  

Getting inverteder

2019-05-27 03:13:10 UTC  

😄

2019-05-27 03:13:23 UTC  

lmao i love how all over this place is

2019-05-27 03:13:44 UTC  

We're on the cusp of a economic shit storm.

2019-05-27 03:13:49 UTC  

Apartments are usually cheaper so I'll probably stick to that.

2019-05-27 03:14:00 UTC  

$1k/mo is average around here

2019-05-27 03:14:08 UTC  

Yeah I would definitely say renting till you know your long term goals as far as where you wanna settle down or whatever

2019-05-27 03:14:27 UTC  

also @Deleted User keep in mind the markets could always crash so you buy a home for 150k then a crash happens and you lose 50k total worth, you are now always at a loss and you are stuck in a area where it has become blighted because its harder to sell

2019-05-27 03:14:28 UTC  

Its going to be funny watching thots try to get at me and my resources.

2019-05-27 03:14:41 UTC  

@Deleted User how many square feet?

2019-05-27 03:15:02 UTC  

I could save $55-60k in total this year depending on the bonus I get. I won't spend more than $8-10k outside housing.

2019-05-27 03:15:16 UTC  

@Rhunespire At least 500sqft lol

2019-05-27 03:15:20 UTC  

Anal to oral 10 times yields one pb&j to the lucky thot from me haha.

2019-05-27 03:15:26 UTC  

Studio or 1BR, never need more

2019-05-27 03:15:34 UTC  

I am getting excited.

2019-05-27 03:15:43 UTC  

true, it is very easy to save as a single man

2019-05-27 03:15:47 UTC  

Thats a bit expensive for a studio that size

2019-05-27 03:16:19 UTC  

Well, the 2 studios I saw were less than $1k - 850/mo with all utilies

2019-05-27 03:16:23 UTC  

$1k/mo was 1BR

2019-05-27 03:16:28 UTC  

i would suggest learning about stocks/bonds/physical assets/crypto if you are going to be storing that much cash a year

2019-05-27 03:16:38 UTC  

The one is 450 and the other is 550 I think

2019-05-27 03:16:53 UTC  

I hate the holiday months. Women get all overly interested for obvious reasons.

2019-05-27 03:17:11 UTC  

@Mr.Black I've done very very basic reading and I'm leaning towards a strategy laid out by "JLcollins."