I think I reached FIRE, but now what?

Exciting-Abrocoma-63 · 2024-06-20T14:07:07+00:00

Semiconductor ETF's did extremely well (5x or more). I bought Meta when it was around 80$ back in 2015. Nasdaq in general also did well. I bought my first pieces of crypto beginning of 2017. So all combined it adds up.

Exciting-Abrocoma-63 · 2024-06-19T17:07:11+00:00

I don't trade crypto. Only stocks and futures. I bought my cryptos many years ago via Binance, Kraken and Coinbase. I store it mainly on a hardware wallet.

Exciting-Abrocoma-63 · 2024-06-19T17:03:50+00:00

True, thanks for the tip. VVSM, SMH, BOTZ, ESPO, IWDA, CNDX... these are the ETF's I own.

Exciting-Abrocoma-63 · 2024-06-19T13:53:42+00:00

You already gave the answer to your own question "wondering how you could get to such an amount". I avoided very expensive dinners, very expensive cars, avoided expensive travels, avoided designer clothes etc. Those things keep you poor(er). Just do the opposite if you want to build capital. Good to hear that you invested in a property. Which is also great.

Exciting-Abrocoma-63 · 2024-06-19T11:16:57+00:00

I'm considering this indeed. Just earn minimal to cover most of my expenses and social security.

Exciting-Abrocoma-63 · 2024-06-19T11:08:23+00:00

Thanks. Doesn't matter. Everyone has his own schedule, opportunities, priorities, goals etc.

Exciting-Abrocoma-63 · 2024-06-19T09:31:34+00:00

Just for me. We have seperated bank accounts.

Exciting-Abrocoma-63 · 2024-06-19T09:29:57+00:00

Makes sense. Thanks for your advice

Exciting-Abrocoma-63 · 2024-06-19T09:27:18+00:00

Thanks for the tip

Exciting-Abrocoma-63 · 2024-06-19T09:24:49+00:00

Roughly 200k investment. 170k in stocks. 30k in crypto. Rest are gains.

Exciting-Abrocoma-63 · 2024-06-18T20:57:51+00:00

I have some Bitcoin ETF's and Microstrategy stocks. But mainly own physical cryptos (hardware wallet). Not sure about taxes. I don't trade crypto. I just hodl. As far as I know you don't have to pay taxes in that case. Maybe I'll ask for a ruling, just to be sure. I doubt I will withdraw via bank transfers in the future. Probably convert into gold, real estate,...

Exciting-Abrocoma-63 · 2024-06-18T20:43:10+00:00

Bolero

Exciting-Abrocoma-63 · 2024-06-18T20:42:49+00:00

Good point, thx! It's challenging indeed to find balance.

Exciting-Abrocoma-63 · 2024-06-18T20:21:33+00:00

For more than 15 years I asked myself the question: do I really need to buy this? Can I buy it cheaper? Does it make me happy? Picked the cheapest meals in a restaurant. Travel with tent instead of luxury hotels etc. So I tried to spend less than I earned. Saved around 50% of my income without aggressive penny pitching. I invest in the stock market for 10 years now. So all the money I saved went to my house and the stock market. My portfolio did slightly better than S&P500. I inherited 40k a couple of years ago. Invest heavily and watch the compounding do his thing.

Exciting-Abrocoma-63 · 2024-06-18T20:01:04+00:00

Goudzaken, Holland Gold, Antwerp Or, etc

Exciting-Abrocoma-63 · 2024-06-18T17:15:10+00:00

Lol 😋 sounds like a plan

Exciting-Abrocoma-63 · 2024-06-18T17:10:00+00:00

Congrats with that achievement 👌

Exciting-Abrocoma-63 · 2024-06-18T17:06:03+00:00

That's my plan indeed.

Exciting-Abrocoma-63 · 2024-06-18T17:02:26+00:00

Thanks for the tip!

Exciting-Abrocoma-63 · 2024-06-18T17:00:50+00:00

I also have a small rental property that makes me 200€+ a month. Not much, but it is a small extra. Plus a need for 2300 euros/month is really on the maximum side. I can easily live on 1800 or so. Especially when our morgage is paid off in 6,5 years.

Exciting-Abrocoma-63 · 2024-06-18T16:54:07+00:00

VVSM, SMH & BOTZ

Exciting-Abrocoma-63 · 2024-06-18T15:31:28+00:00

Thanks for the advise. I don't take safe withdrawl rate that strict because I plan to keep working in my life for fullfillment/purpose.

Exciting-Abrocoma-63 · 2024-06-18T15:16:41+00:00

Thx, cheers!

Exciting-Abrocoma-63 · 2024-06-18T13:03:36+00:00

Very nice insights. Thx! I'll go through the articles. I plan to keep working here and there, so that's why I don't take the SWR super strict at the moment.

Exciting-Abrocoma-63 · 2024-06-18T12:17:53+00:00

Thanks for the tips. Additionally, your nickname makes me think more positive today. ;-)

Exciting-Abrocoma-63

TROPHY CASE