Dumbass

Want to see you grow up, make good decisions, and earn the dream.
Don’t be a dumbass.

[Dumbass @FormansFoot]

Don’t be a dumbass.

1) Graduated high school,
2) Get a full-time job,
3) Marry BEFORE having kids,

You won’t be poor in your 30s.

Break the cycle. Build the empire.

[Dumbass @FormansFoot]

@jeremyct Modern day slavery doesn’t have curtains. It has interest.

[Dumbass @FormansFoot]

@222sally @hell_line0 😮‍💨 I can sleep again at night.

[Dumbass @FormansFoot]

“250 years for white men only” is a dumbass comment.

The US launched a radical experiment with Bill of Rights protections in 1776.
15th Amendment (1870) for Black men.
Women 1920.
Asians naturalized ~1952.
Natives citizens 1924, VRA protections 1965.
Same-sex marriage 2015.
Puerto Ricans are citizens since 1917 & vote fully in states.

It’s the greatest expansion of rights in history, via the system founded in 1776.
Progress isn’t proof of failure.

Happy 250th, dumbass.

[Dumbass @FormansFoot]

@Nolaspeaks_ @hell_line0

[Dumbass @FormansFoot]

Don’t be an ungrateful dumbass

You have the same equal opportunity as your parents to create wealth and live life.

80% of millionaires inherited $0 dollars.

[Jeremy @jeremyct]

My friend’s boomer dad sold the lake house last year.

The one they grew up in every summer.

The one my friend has a tattoo inspired by.

The one with the dock they built together with their grandfather’s tools that are now also gone.

Sold it without telling anyone.

My friend found out when a stranger posted a photo of it on Instagram with a renovation reveal.

New owners painted it white.
Took the dock out.

Put up a privacy fence.

His dad said he needed the liquidity.

Made $340,000 on a property he paid $48,000 for in 1991.

Didn’t offer my friend a dollar of it.

Said the market was right and it made financial sense.

My friend is 34.

Still renting.

Watched $340,000 in potential generational wealth get converted into his dad’s retirement fund.

The lake house wasn’t just a house.

It was the closest thing they had to something being passed down.

Now it’s just someone’s content

[Dumbass @FormansFoot]

Retirement is not an age.

(Investment return) - (inflation) = annual salary in retirement.

12% - 4% = 8%

When you can live on the 8%. You’re retired.

[Dumbass @FormansFoot]

@RoaringHammy It’s not an age. It’s a financial number.

Retiring is no longer have to work shitty jobs you don’t like and getting to do what you want.

You don’t have to stop making money in retirement.

When your investments return 12% - 4% inflation = an 8% you can live on. You’re retired.

[Dumbass @FormansFoot]

How much money per hour would it take you to shovel shit from one side of the room to the other?

[Dumbass @FormansFoot]

@RoyIsThaTruth I’d shovel shit from one side of the room to the other for $2M annually over 7 years.

Let alone let me invest $15M up front and double over that over that 7 years once done period.

[Dumbass @FormansFoot]

@Thebiglade Find @DaveRamsey

[Dumbass @FormansFoot]

@RoyIsThaTruth I’d shovel shit from one side of the room to the other for $2M annually over 7 years.

Let alone let me invest $15M up front and double over that over that 7 years once done period.

[Dumbass @FormansFoot]

@Owennfa And who tf is the universe? The one fixing the house that you now owe a bill? Those are just handy men.

[Dumbass @FormansFoot]

@Owennfa Don’t be a dumbass.

You get to keep 30% more of your income. Stack it up and maintain the home. All this stuff listed is good for the next 20 years once done and the house continues to appreciate.

He just can’t retire yet but will get there faster w/out a mortgage.

[Dumbass @FormansFoot]

@RoaringHammy It’s not an age. It’s a financial number.

Retiring is no longer have to work shitty jobs you don’t like and getting to do what you want.

You don’t have to stop making money in retirement.

When your investments return 12% - 4% inflation = an 8% you can live on. You’re retired.

[Dumbass @FormansFoot]

@MosleyClay78013 @jeremyct Even if that was true. The dad owns it.

The grandfather could have put it in a family trust with rules on its succession. If grandad gave it to dad. It’s dads.

[Dumbass @FormansFoot]

@MosleyClay78013 @jeremyct 100% you just made all that up, dumbass.

[Dumbass @FormansFoot]

@mizzoutigers112 @MosleyClay78013 @jeremyct Dads are people too.

[Dumbass @FormansFoot]

@dereksm89632477 @MosleyClay78013 @jeremyct Thank you

[Dumbass @FormansFoot]

@puarangue How do you eat an elephant? I thing at a time.

Teach your kids to graduate high school, get a job, and get marry before having kids. 97% chance they won’t be poor in your 30s.

Break the cycle. Build the empire.

[Dumbass @FormansFoot]

Yes, sacrifice your entire life so they can piss everything you’ve ever worked for off after you give it to them.

Your kids won’t know how to provide for your grandkids AND won’t have anything you gave them to hand down.

Tragic end to the family tree, dumbass.

No one said the dad wouldn’t hand down what was left.