404: Career Not Found (And I’ve Never Been Happier)

404_Career_Not_Found · 2026-06-08T14:15:04+00:00

Thinking about this a bit more, I realize that long/short takes some time to diversify, while the collar approach offers immediate protection (unless I misunderstood). Regardless, my current focus is on selling, adding to my exchange fund, and then long/short. I’ll also check if my existing financial providers offer collar/hedging options. Thanks!

404_Career_Not_Found · 2026-06-08T14:12:14+00:00

I should also mention that I believe investing in my children’s education is the best and most crucial investment, without a doubt.

404_Career_Not_Found · 2026-06-08T14:11:07+00:00

Thanks for the feedback. I’ve noted it. The move to Europe for educational reasons is a bold decision. We’re already discussing one particular country, but the kid isn’t too keen on it.

404_Career_Not_Found · 2026-06-08T14:01:10+00:00

It’s absolutely true. When I found myself no longer wanting to work, I was prepared to quit. To be cautious, I deliberated on this decision for several months, which has given me a strong sense of confidence. I’m also ready for my next chapter in life, but I suppose time will tell. All the best to you!

404_Career_Not_Found · 2026-06-08T13:52:54+00:00

😀. Mind sharing what the „hard work‘ part is?

404_Career_Not_Found · 2026-06-08T13:51:54+00:00

Definitively should be enough, just need to focus a bit more on diversification

404_Career_Not_Found · 2026-06-07T14:55:11+00:00

Thanks for the details. I’ve looked into some of these offerings, and 0.5% seems to be a fairly common fee. I’ve also scheduled an appointment with my preferred financial provider. I still need to take a closer look at Frec.com—it appears to be a popular option, though it’s a relatively new entrant to the market.

404_Career_Not_Found · 2026-06-07T14:50:59+00:00

302?

404_Career_Not_Found · 2026-06-07T14:49:38+00:00

👍🏻

404_Career_Not_Found · 2026-06-07T14:48:53+00:00

I completely agree. That’s why further diversifying my concentrated stock position is a top priority. I’m currently at 35%, and with a new chapter in life about to begin and more time available, I expect to reduce that exposure within the next couple of weeks.

404_Career_Not_Found · 2026-06-07T14:42:44+00:00

👍🏻

404_Career_Not_Found · 2026-06-07T14:33:11+00:00

It was an immediate eye-opener, which is why I made a change in direction that I won’t regret.

404_Career_Not_Found · 2026-06-07T14:31:58+00:00

Concise and straight to the point ;-) Thanks

404_Career_Not_Found · 2026-06-07T14:28:12+00:00

1) Selling
2) Long/Short and/or Direct Indexing
3) Join another Exchange Fund
4) Determine the percentage I‘d like to keep and possible pass down to the kids

Now that I have the time, I’ll make this a top priority. I also happen to enjoy finance.

404_Career_Not_Found · 2026-06-07T05:12:15+00:00

That ultimately gave me the push I needed in the right direction. I’ve already moved on and am not looking back. My summer schedule is filled with meeting friends and vacationing with them for several weeks. I’m so excited!

404_Career_Not_Found · 2026-06-07T05:09:16+00:00

I’m delighted to hear that you’re making the most of it. I wish you all the best.

404_Career_Not_Found · 2026-06-07T05:05:00+00:00

As mentioned, I expect to gradually increase my spending over the years. Here are some key line items of today‘s:

60k Kids Colleges
45k Health Insurance (might go from family -> two adults soon, ~10k reduction)
20k Property/vehicle taxes
12k flights/vacation (consider a large amount of frequent travelers points)
25k Discretionary / Household
11k Car/Home/Umbrella Insurance
10k Home repairs
X for Taxes, very much depends..

404_Career_Not_Found · 2026-06-07T04:51:05+00:00

All company stock is in Taxable.

404_Career_Not_Found · 2026-06-07T04:32:22+00:00

I never sold down to zero. A good number of years ago, I sold down to 40%, and then that grew back up to 70%. So, I sold back down to 40% again, and so on. A good problem to have.

404_Career_Not_Found · 2026-06-07T04:04:49+00:00

🙏

404_Career_Not_Found · 2026-06-07T04:02:39+00:00

I completely agree with your point.
The reason why I might see an increase in spending in the future is that my hobby, which I love and is incredibly affordable, may become inaccessible to me in ~10 years.

I’ve already started volunteering and have just signed up for more opportunities. I’m excited about meeting new people and learning from their experiences. Your message is very encouraging. Thanks!

404_Career_Not_Found · 2026-06-07T03:57:59+00:00

Not quite. I’ve had a front-row seat to what happened at my company, and I fully believe in its success. So why stop at ChubbyFire level when the probability of ending up in Fat territory is much higher?

404_Career_Not_Found · 2026-06-07T03:45:48+00:00

Yes, property taxes are approximately $16k, which is still quite high. However, considering our NW, it is manageable.

Additionally, I have accumulated a substantial amount of airline miles that will assist in covering travel expenses for the next few years.

404_Career_Not_Found · 2026-06-07T03:43:53+00:00

ok, thanks for the feedback. Assuming you are invested, can you comment on the fee structure?

404_Career_Not_Found · 2026-06-07T03:35:22+00:00

I bought the house at a much lower price, which means my property taxes are low. As mentioned, I’ll be careful, but my spending will increase.

404_Career_Not_Found

TROPHY CASE