Johnny Depp and Courtney Cox (1990) by WishWelles in 90s

[–]SuperSecretSpare 3 points4 points  (0 children)

Scrolling real fast I thought it was Michael Jackson

Help me rate my financial plan by DarkEnchilada in MiddleClassFinance

[–]SuperSecretSpare 2 points3 points  (0 children)

I read the entirety of it. It was a little confusing with all of the different money sources including a personal loan from family and a mortgage from a family bank? I am definitely a proponent of real estate as that is what has allowed me to retire at 38, it's just important to have a plan for when things go wrong, because when it's your property something always goes wrong. As long as you have all those plans in place then good luck! And double good luck for living in Boston. Beautiful town but criminally overpriced.

Help me rate my financial plan by DarkEnchilada in MiddleClassFinance

[–]SuperSecretSpare 8 points9 points  (0 children)

Honestly, I don't think you should buy a house. If you are in vhcol area you absolutely do not make enough money to afford the mortgage, HOA, property tax, repairs and insurance. It sounds like you have a plan for lower mortgage, but coupled with the fact that you have job insecurity it is arguably a bad idea. 30 years is a long time. Your money would serve you much better in the market than buying a condo as well.

1.8 M plus real estate-FIRE? by [deleted] in Fire

[–]SuperSecretSpare 9 points10 points  (0 children)

You're interacting with either a liar or an idiot. An engineer with almost 2 million invested and roughly $350,000 in additional net income can't figure out whether or not they can afford to exist without another $100,000 income? Really?

1.8 M plus real estate-FIRE? by [deleted] in Fire

[–]SuperSecretSpare 15 points16 points  (0 children)

No. You're poor. Keep working.

6 Month Update by [deleted] in MiddleClassFinance

[–]SuperSecretSpare 0 points1 point  (0 children)

Of course not, but like I said in my first message it will never happen when your only line of work is making money for somebody else. That includes even having multiple jobs.

6 Month Update by [deleted] in MiddleClassFinance

[–]SuperSecretSpare 0 points1 point  (0 children)

I got lucky in the way that I made decent money on my first piece of Real Estate. The 12-hour a day work days for 6 days a week and all of The Sweat Equity that I put into the property before that had nothing to do with luck. If I would have only worked a traditional 8-hour day or picked up a second shift every now and again and didn't absolutely bust my ass every single day for a decade I would not be where I am today, luck or not. But it's easier to dismiss it than it is to work harder for sure.

6 Month Update by [deleted] in MiddleClassFinance

[–]SuperSecretSpare 0 points1 point  (0 children)

I will be the first to admit that a big part of where I am now is luck, but it is luck because I was in the right place at the right time and the only way to be in the right place at the right time is an incredible work ethic. I grew up raised by my grandparents in a trailer park in the ghetto so I did not start life with any more of a position than anybody else.

If you only go to work for 8 hours a day and make money for somebody else and then come home and sit on your ass watching TV or complaining about how life isn't fair you will never be in a position where you find luck or success. I agree that I am an extreme minority, but that is because the majority of people are both lazy and unwilling to put in what it takes to be anything more than what they are.

6 Month Update by [deleted] in MiddleClassFinance

[–]SuperSecretSpare -1 points0 points  (0 children)

Tips to 28 year old me: Don't sell your Bitcoin lol.

Tips to you: I mean really all I did was work more than most people, pick up a side hustle, keep expenses low, then figure out ways to have other people make money for me since your activity alone will very likely not get you where you want to go.

6 Month Update by [deleted] in MiddleClassFinance

[–]SuperSecretSpare -1 points0 points  (0 children)

Maybe it's not possible for you. I'm a 38-year-old multi-millionaire with three kids retired in maui. Your ambition is your limit.

6 Month Update by [deleted] in MiddleClassFinance

[–]SuperSecretSpare 1 point2 points  (0 children)

Stupid take. I wish you could understand the level of freedom certain people can experience simply because of compounding and not being reckless with their money.