@DadisFIRE@Joseph_Neston Joe, I’m only 45 and have 2 million liquid. Only had 300k liquid 5 years ago. Averaging 28% returns last 5 years plus great career advancement and saving most raises/rsus. Study markets, best second job you can have to multiply your money
@DadisFIRE Congrats!
I’m hoping to retire in 2 years max, so I’ll be 18 years retired at 65.
But I partied hard in college for 8 years so I still really only worked 20ish years.
@InvestingAddict I dropped over 80k today. But I’m up over 600k in the last year.
There are ups and downs. As long as you are in quality or indexes, it will go back up. This is just part of the journey. Selling now is how you lose
@rmcjacket23@KRL_defi_ probably keep selling some each year. Micron will dip at some point.
I have $100k left in SNDK (cost basis $4k, originally 5k), make sure you take some profits now, there could be more to be made or quite a bit to lose
@rmcjacket23@KRL_defi_ ahh I hadn't listened, just went off this assuming it was in IRA: “My dad is 84 and his estate is worth just under $5 million. He has about $900K in an IRA and a stock position that turned roughly $22,000 into more than $1 million.”
Listening, it's in Micron, I'd sell 1/2 now &
@IMAO_ So your post says social security is a Ponzi scheme.
What we paid in should be more than enough but govt uses all our money instead of investing
@MiniRetireMatt Are people this dumb,
18 million x 10% is 1.8 million. Even taking 5 million out and investing the rest gives you 1.1 million a year plus a huge safety net to not take out in market downturn.
@BraddrofliT I agree that it’s unfair to tax homeowners for unrealized while not taking stock owners but instead of saying tax other unrealized gains, we should be change laws on taxing unrealized gains in homes.
Govt takes and takes and takes. Fight fraud and heavy taxes
@BlackMambaMilli That’s why I paid cash in 2022 for the wife’s new Tahoe, bear market, if you want to be rich, be adaptive.
But it’s also easier to do this once you get further ahead.
$4k interest in truck payments (total over 4 years) vs $39k already made and still compounding
@BlackMambaMilli Financing a car can make sense if the money you would pay for it are invested and making more than the interest rate. Ie I made 65% in last year in stocks, my truck is financed at 2.9%. My gains almost paid for my truck already
@investwithintel 5 million in t bonds like Kevin Leary says.
Then 4 million in ETFs, living off a portion of the gains each year, if ETFs down, use gains from bonds.
Then if I still wanted to beat the market, 1 million stock picking for fun
@zephyr_z9 /memory. They will need many more times memory to be worthwhile.
I don’t see memory need going away anytime soon.
This is why I own memory stocks and will for the next years
@zephyr_z9 As a person that using ai to help code, the biggest bottleneck is contact window (memory). On large projects, if you don’t optimize, your context can be truncated after 5-10 prompts.
Now think about ai agents, if they are always running, they will keep recycling their context