>hey goyim have you heard about FIRE?>just give the shekelberg bank 70% of your shekels and you will be free one daydoes anyone actually fall for this?
>>61198084Haha hell no, I'd rather work an honest living until I'm 70 like a real white man
>>61198091>70Fuck off freeloader
the FIRE people usually have no kids so we should spread the idea to our enemies lol
>>61198084>retire earlyMost people who do this need to find out something else to occupy their day or else they just go back to working.
>>61198084>Brokie detectedMust suck knowing you'll work until you die lmao
>>61198084>dude the market will go up 10% every year for the next 50 years>im so fire'd brothese retards gonna get rekt then have to renter the job market with no skills in 10 years lol
>>61198420Honestly just not having to take the highest paying job you can possibly get and not feeling stressed as often is nice
>>61198407Your siblings who hate you and want your inheritance?
>>61198909You would be surprised how many people believe this
>>61198909Yeah it's called MMT. Just print unlimited money whenever the market starts to crash, because all of the other crashes were triggered by the federal reserve hiking rates out of panic.
>>61198909>>61199039You faggots don't know shit. If you withdraw 3% of your portfolio adjusted for inflation a year (assuming your portfolio is invested in a total stock market index fund with low fees) it is very very unlikely you'll run out of money. Especially in 10 years that is just laughable
Everyone should do FIRE so we can all live off of passive income and then nobody will have to work.
Working is masculine. Just laying around doing nothing will always be seen as pathetic and feminine. And no, nobody will ”create something”, you can already do that without few millions in the bank.
>>61199158And how will we have any stuff if people don’t work? I’m not even talking about hobby stuff, i mean shit like healthcare and infrastructure. Who is going to produce the food?
>>61199167The free market will provide
>>61199167bingoFIRE is basically freeloading, if lots of people did it, it would cause rampant inflation (of shares, money, everything compared to labor) and force everyone back to work as their funds would be worthlessit's very jewish to want to sit around like an effendi while goyim work for you, but you can't jew your way out of needing to work
>>61199189Well just be happy that only competent, responsible people pull it off and all it does is brain drain the workforce
>>61199189But jews do successfully. Kys.
>>61199213There won’t be enough ”competent” people around. There is a huge amount of work that needs to be done to have first world quality of life. Indeed the value of labour will skyrocket compared to everything else, inflation will be wild.
>>61199213>brain drain the workforceIts the other way around, the utter hellscape of modern careers and the enkarenification of everything is what drives highly competent people away from the conventional path and into fireIt certainly doesnt help either that a high end career also precludes having a family, well one you actual see that is
>>61199189keep telling this to yourself, wagie.
>>61199279having and maintaining the skills to work a waged job is another pillar that holds your standard of living upyou might want to live without it, but you're building a house on sand
>>61199276We need more high paying jobs that filter out karens. There aren't enough transmissions that need rebuilding to accommodate every unemployed Computer Science grad.
>>61199304Impossible, the capital class has made hiring karen mandatory for the acceptance of financing needsThis system is rotten to the core, finding your earliest exit is the only option leftAnd then hope automation kicks in before critical competence failures happen
>>61198084all these fire people are gonna be so fucked with the coming market correction
>>61199140>Total stock market index funds will return 10% on average forever because.. my fire ass depends on itCope
>>61199260I’m contrarian in this thinking too. “AI” is nowhere near the competency people think, and actual skills are going to be rare as everyone gives up their thinking to something or someone else
Exactly. We need wagies to work and consume as much as possible
>>61199189>its very jewishwhat you said is extremely jewish. KEEP WORKING GOYIUM
>>61199390SEETH WAGIE. FIRE is no diffrent than retirement. so retirees will be fcuked?Only retirees lacking enough capital are fucked. (Not me)
>>61199189t. loser who works at a macd's, grocery store or doordashes for a living. I deserve to be retired early because I accumulated the capital to do it. Simple as that. If you didn't or couldn't then that's your problem wageslave. If you are in a first world country then you had just as much opportunity as I did to accumulate wealth. Oh, and the rent is due wagie, make sure you pay on time.
>>61199598damn, I'm retired & your roast has me seething lol. Wagies are on suicide watch as the clock tick tocks.
>>61199390>coming market correctionThe one you have been warning about for 3 years straightInto a raging bull nonetheless Just practice minimal risk management and you'll be fineYou retire when you made it and are diversified, you dont retire with shit
>>61198084I did. For most people its the only way out. Wage as an employee is more or less capped so the only way to increase your savings is to live like a hobo. I have been doing it naturally before I even knew about what FIRE is. Majority will NOT flip their savings through crypto to millions. Its a slow ass grind over 1-2 decades with boring ass boomer index funds.
>>61199390Unlikely. Some might but most people who can do the fire thing are pretty switched on when it comes to personal finance. More so than the average biztard. Almost all of these people will have extensively planned their retirements and will have plans in place for a market downturns. You can't just say i'm gonna stop working now and hope for the best. That's not how it works. Recessions are baked into their plans.
>>61198420If you're a subhuman with no hobbies maybe, if you don't enjoy anything in your life and you need to do repetitive, robotic, menial tasks to keep your mind occupied until the next day you have bigger problems than retirement.
>>611991401. Your portofolio will not consistently beat inflation by 3% every year2. You probably have to pay taxes on that 3% depending on shithole of choice so it's more than 3%3. Your portofolio is not big enough to life off the 3%+ taxes you retrieve every year
>>61198420The ability to do things when you want does wonders to your mental wellbeing.
>>61199598t. got inheritance from grand- and parents as a single child
>>61199140>the inflated economy with 100x paper assets per real asset and 70% of the market being derivatives is totally not gonna crash in my lifetime bro
>>61199775Hardly a surprise. These wagies are basically still in school timetables. They have never felt the feeling of being able to do anything any day without dreading work tomorrow. KEEK
>>61199781seethe, cope and go back to posting on /r/antiwork bud.
>>61199140invest, borrow, die
>>61198084>60>a bit earlier at 55Lol...
>>61199213Self correcting issue desu. At some point companies will have to pay more, and therefore stock returns will also lower. Making more people leave FIRE to work. It balances itself out. Only people who lose out because of FIRE are the people that need to hiring the high IQ low time prefrence wagies, but fuck em they are the ones turning jobs into the hellscapes no one wants to work in in the first place
>>61199158unironically thoughthe end result of that is automation and AI stocks really take off. if everyone is retiring in their 50s/40s, the employable population is very low. automation becomes economical in even more niches at that point.of course, everyone who invested in these sectors early gets rich. everyone else inevitably follows their lead, they have to. although it's a bit too late and the end result is permanent inequality.
>>61199562Why don't you explain why it won't if you're such an expert
>>61198084The crypto metarun ended, and there will be no second chance like it. So all kind of scammers are going out of the woodwork promising to replace it for the younger generations.
why is there a FIRE thread every few days now? this board is 70% fake AT LEAST
