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comment by veen
veen  ·  1260 days ago  ·  link  ·    ·  parent  ·  post: Pubski: November 11, 2020

I'm reading a lot about financial planning and investing lately. Feel like I'm now in the place where it would be good to get my ducks in a row and think seriously about things like buying a house or dividend investments or not. Most of the landscape is either FIRE-self-immolation-BS, written by and for boomers, scammers or idiots. There's gotta be a financial strategy out there for millenials like me that's doesn't include either "adulting" or "inheritance tax", and I'm bound to find it and/or build it.





OftenBen  ·  1256 days ago  ·  link  ·  

There is no such thing as a middle class anymore.

Morlocks and Eloi.

user-inactivated  ·  1258 days ago  ·  link  ·  

you should reconsider your opinion on early retirement. although i'm not sure what you were trying to say there

just save money. it's a comparative advantage, because almost everyone spends an incredible amount of money all the time for no reason

veen  ·  1258 days ago  ·  link  ·  

I'm not against a proper saving plan, nor against frugality, and I am envious of those who succeed in their early retirement.

The part that I don't like is how the collective failure to maintain a proper social security net and reasonable student financing has been individualized and accepted to such a degree, that it has resulted in a movement of blogs idolozing saving percentages so that you can buy your freedom as if we're actually living in a meritocracy. "YOU TOO can escape the serfdom of debt, but only if you're working hard enough at self-inflicted poverty!"

My impression of FIRE may he biased and there's good parts in everything, but it's that part that I hate.

user-inactivated  ·  1256 days ago  ·  link  ·  

well, okay.