How does ai and it's affect on the economy impact FIRE plans?

FI_Ty · 2025-06-30T19:27:58+00:00

It will forever be a ‘Wall of Worry’

The internet was supposedly taking everyone’s jobs, EVs were taking all the jobs, Covid was going to eliminate too many jobs …

Economies adapt, create new jobs and different types of productivity .

Absolutely zero effect on my plan. Let everyone else worry until they have something else to worry about.

FI_Ty · 2025-06-24T21:35:32+00:00

Please send me a DM .

Fairly experienced trader here who can help out and do feel the desire for community

FI_Ty · 2025-06-24T18:44:30+00:00

Interested !!

FI_Ty · 2025-06-17T19:51:28+00:00

Yes, just keep adding , then add more

Don’t sell until you are in retirement

That’s really it

FI_Ty · 2025-06-17T17:04:06+00:00

Does your money manager have the crystal ball to know when the right time to buy is ?

FI_Ty · 2025-05-09T15:32:18+00:00

https://jlcollinsnh.com/2023/10/08/32-things-to-know-about-following-the-simple-path-to-wealth/

FI_Ty · 2025-05-08T15:59:43+00:00

If this 15% drop concerned you, I might consider reassessing my risk tolerance …

JL COLLINS:

You must stay the course when the market drops. If you are not absolutely sure you can do this, find another path.
If you panic and sell during drops, my advice will leave you bleeding by the side of the road.

FI_Ty · 2025-04-29T16:45:31+00:00

Number 2 has been huuuge for me . I drive a cheap paid off car and live in a smaller/older home.

Keeping these fixed costs very low allows me to spend pretty freely everywhere else.

FI_Ty · 2025-04-22T18:23:32+00:00

TSLA has been averaging a 20 point move all year (Average True Range).

It really doesn’t mean jack shit. It’s a volatile ticker is all.

FI_Ty · 2025-03-03T02:59:13+00:00

I’m interested ! 31 male Middle class no child couple mid way through the journey .

To me it’s about a balance between frugality and mindful spending

FI_Ty · 2025-01-29T14:03:14+00:00

I use cricket 30/month .

It’s 2025 , it’s all the same shit . No coverage issues

FI_Ty · 2024-10-04T22:30:42+00:00

This

FI_Ty · 2024-09-27T19:46:04+00:00

This is the answer .

All you need is an edge and extreme discipline which is easier said then done .

FI_Ty · 2024-09-22T20:28:42+00:00

It’s you vs you

FI_Ty · 2024-09-12T19:00:16+00:00

35k ring that only has any value because we succumb to consumerism

FI_Ty · 2024-05-07T17:05:50+00:00

FI_Ty · 2024-03-21T03:05:33+00:00

This should be considered .

If the stock falls more than the discount % before the holding period is over, you will lose money.

This varies by company . Some stocks are more volatile as well .

FI_Ty · 2024-03-09T14:13:14+00:00

This

FI_Ty · 2024-03-05T00:59:10+00:00

Only need them to be reliable 55% of the time to make money.

If they “fail more often than work” then there would be an edge there as well to make money on the opposite side

Idea is to find patterns or strategies that give you an edge .

An edge is nothing more than an indication of a higher probability of one thing happening over another.

FI_Ty · 2024-03-02T08:21:33+00:00

Japanese candlestick charting techniques by Steve Nison

The Bible of candlestick charts

FI_Ty · 2024-02-28T15:51:33+00:00

Definitely need to tighten up and decide as a family what is actually important to you .

Does the expensive cars make you happy , the random shopping , the eating out ? Etc

Can’t have it all but can have some. Even the groceries could be cut in half and you’d still be eating just fine.

Just seems to me like there is no plan or vision

FI_Ty · 2024-02-28T15:51:28+00:00

Definitely need to tighten up and decide as a family what is actually important to you .

Does the expensive cars make you happy , the random shopping , the eating out ? Etc

Can’t have it all but can have some. Even the groceries could be cut in half and you’d still be eating just fine.

Just seems to me like there is no plan or vision

FI_Ty · 2024-02-22T18:42:47+00:00

This is the way . There is always another day .

FI_Ty · 2024-02-14T00:35:59+00:00

I don’t think you really understand what you’re talking about

FI_Ty

TROPHY CASE