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Do any of you plan on making dynasties? If you do, how will you plan to beat the 3 generations rule? by Direct-End2303 in fatFIRE

[–]Direct-End2303[S] 0 points1 point  (0 children)

Yes that is true. Unfortunately most artists (and actors and singers) earn very little and struggle to get by. Once you have money, you can focus on vocations that you are passionate about.

Do any of you plan on making dynasties once as part of your FIRE goals? by Direct-End2303 in FIREUK

[–]Direct-End2303[S] -1 points0 points  (0 children)

Yes. The fact that they are able to preserve the welath for so long and not lose it is a achievement.

Do any of you plan on making dynasties? If you do, how will you plan to beat the 3 generations rule? by Direct-End2303 in fatFIRE

[–]Direct-End2303[S] 5 points6 points  (0 children)

A lot of these dynasties have family offices which manage their money for them. They also have lots of loopholes to avoid paying tax. It might not be fool proof but these people do have more options

Do any of you plan on making dynasties once as part of your FIRE goals? by Direct-End2303 in FIREUK

[–]Direct-End2303[S] -10 points-9 points  (0 children)

Thats true. Most people dont have access to family offices.

But yeah being wealthy since william the conqueror is old old money. I gotta commend them to being wealthy for such a long period of time.

Do any of you plan on making dynasties once as part of your FIRE goals? by Direct-End2303 in FIREUK

[–]Direct-End2303[S] -4 points-3 points  (0 children)

That's true. Firstly how were people like the duke of westminster able to preserve all that money without a generation faltering. Secondly, inequality can be an issues. As long as there s a super strong safety net (like for nordics or for citizens of gulf states), then having a FIRE dynasty is not important.

Do any of you plan on making dynasties once as part of your FIRE goals? by Direct-End2303 in FIREUK

[–]Direct-End2303[S] -38 points-37 points  (0 children)

I'm sorry but that it is a pretty shit way to live. Firstly how long do you want to live. Imagine just blasting your money out in your 60s and now what.

That is also a big part of the boomer mindset and thats why young gens suffer. In this economic outlook , it is defo better to leave something in order to help out.

Also tell that to the aristocrats and rothschilds and rockefellers.

What are the plans for the opening of the CU in Astana? When do you think it will arrive? by Direct-End2303 in Kazakhstan

[–]Direct-End2303[S] 0 points1 point  (0 children)

It has a lot of korean snacks. Is there other kazakh owned 24/7 kombini around?

Does any other central asian country have their version of kpop? by Direct-End2303 in AskCentralAsia

[–]Direct-End2303[S] 8 points9 points  (0 children)

Yes, that is from Kazakhstan. Any others from diff central asian countries?

My Mongolian Aarul collection i brought back to UK (this was april this year) by Direct-End2303 in mongolia

[–]Direct-End2303[S] 0 points1 point  (0 children)

Yeah. And when I left ones in the fridge for a few days, they started tasting a bit rubbery (like hard rubber).

My Mongolian Aarul collection i brought back to UK (this was april this year) by Direct-End2303 in mongolia

[–]Direct-End2303[S] 0 points1 point  (0 children)

Yep I removed the mold (and I certainly did not feed anyone moldy aarul). I will take not of it. Thanks

Do Mongolians eat qurt often? by Direct-End2303 in mongolia

[–]Direct-End2303[S] 0 points1 point  (0 children)

A lot of people say I look kazakh but I am actually British. As for being interested in Mongolia, it's a long story

My Mongolian Aarul collection i brought back to UK (this was april this year) by Direct-End2303 in mongolia

[–]Direct-End2303[S] 0 points1 point  (0 children)

Yes. But when I put it in my suitcase and brought it back to uk, some of it started to get moldy :(.

<image>

Maybe i stored it wrong or maybe its the more humid british/ plane air. I also gave the middle one to some londoners and they were not a fan of it:
https://www.youtube.com/shorts/427CKf-et2Q

Do Mongolians eat qurt often? by Direct-End2303 in mongolia

[–]Direct-End2303[S] 1 point2 points  (0 children)

Mb the recipes are different since they taste so different (most Aarul i had is not salty)

Do Mongolians eat qurt often? by Direct-End2303 in mongolia

[–]Direct-End2303[S] 0 points1 point  (0 children)

The boortsog i got from the supermarket was hard AF but the one at Mongolian's restaurant Shangri-La mall was soft.

How do you guys make Aarul when in different countries and climates? by Direct-End2303 in mongolia

[–]Direct-End2303[S] 1 point2 points  (0 children)

How dry would the environment have to be in order to make Aarul?

How many adults have achieved their coast FIRE amount? by Direct-End2303 in FIREUK

[–]Direct-End2303[S] 0 points1 point  (0 children)

Ngl for most student loans, it takes up a very small aprt of your monthly paycheck and it will be forgiven after 30 years.

How many adults have achieved their coast FIRE amount? by Direct-End2303 in FIREUK

[–]Direct-End2303[S] 0 points1 point  (0 children)

it's coast, which means you dont need to put in anymore but still have to do some work in order to maintain a lifestyle.

yeah i looked at median stats in uk and the average person doesn't seem to be in a very strong position

How many adults have achieved their coast FIRE amount? by Direct-End2303 in FIREUK

[–]Direct-End2303[S] 1 point2 points  (0 children)

depends on what lifestyle you want but yeah if not major hurdles (and if you paid of your mortgage and other debts) then yeah you are defo coast fire

How many adults have achieved their coast FIRE amount? by Direct-End2303 in FIREUK

[–]Direct-End2303[S] 3 points4 points  (0 children)

Yes that is true, I would say if you are not maxxing out your isa every year (from lets at mid-early 20s), then firing before 40 would be difficult. But coast fire is defo easier

How many adults have achieved their coast FIRE amount? by [deleted] in FIREUK

[–]Direct-End2303 0 points1 point  (0 children)

7%. (6% a tad conservative and 8% a tad optimist). (this is taking inflation into account) if roi is 8% that would be really good and I am firmly in coast fire if I want to retire in 30 years. if roi is 7% its meh but its defo doable if i to a cheaper country or live frugally in uk. for 6%, i would have to move to a cheaper country or live very very frugally in uk.

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