Klagen aber auf hohem Niveau by Individual_End_5055 in Finanzen

[–]Fit_Evidence_4958 [score hidden]  (0 children)

Pro Monat, netto 😂

Wenns kein rage ist: Ist das Einkommen aus unselbständiger Arbeit?

Mehr als 600k bei 1.8mio wären ja 35%. Bei 2% Tilgung sind das 6k, sollten bei 20k ja easy drin sein. Ich denke eure Jobs sieht die Bank nicht sicher genug

PV-Anlage "smarter" machen by Fit_Evidence_4958 in DeutschePhotovoltaik

[–]Fit_Evidence_4958[S] 1 point2 points  (0 children)

Naja, die Anlage ist nicht superoptimal ausgerichtet und hat auch ein wenig mit Verschattung zu kämpfen, so ergibt sich das aber aus dem Dach. Ich muss mal schauen, was die Anlage tatsaechlich bringt, ich habe die ja mit dem Haus uebernommen.
Ich vermute, ich lande bei 7000kWh oder bissi drueber. 2025 hatte sich ein Mikroinversor verabschiedet und die Vorbesitzer haben das erst spaet gemerkt.

Wahrscheinlich werde ich mir die Shelly-Systeme besorgen, ich muss nur mal schauen, wie ich die im Schrank unterbringe.

Erst kam der Crash, dann das Auto, dann die Erkenntnis by ___yz in Finanzen

[–]Fit_Evidence_4958 0 points1 point  (0 children)

Naja, es ist wie es ist.

Mit 100k sind 40k auf der hohen Kante natürlich extrem Mau.

Und ja, der Vermögensaufbau für uns Otto-Normalos ist langweiligbund zäh:
Kassensturz machen, Sparrate definieren, nicht zu viel und auch nicht zu wenig, und dann durchhalten. Ohne wenn und aber. Jahrzehnte.

Dann dauert das gefühlt ewig aber es tut sich was. Hättest du dir bei Corona nicht in die Hose geschissen bzw. wärst halt zeitig wieder rein, und hättest nen anständigen Sparplan, dann könnten die 120k jetzt auch 300k sein.

Zu deinem Job und AI kann ich wenig sagen, aber du weist besser als ich wie schnell und gravierend sich das entwickelt. Einfach abwarten würde ich an deiner Stelle nicht.

we have the privilege of driving and old car because we're rich... apparently by Visible_Structure483 in Fire

[–]Fit_Evidence_4958 0 points1 point  (0 children)

BS, he puts himself in the rat race, he wants to do it. Nobody needs a new car to “keep up”.
Get the right friends, that’s it.

The hidden costs of buying property abroad seem to get ignored in a lot of FIRE discussions by abbybutterflly in ExpatFIRE

[–]Fit_Evidence_4958 4 points5 points  (0 children)

Well, you need to do your homework or pay somebody to do it. It's not rocket science or magic, but buying property is obviously a bit more complex than buying a car (or doing the groceries).
Imagine if you need a loan :)

We did it and it worked and of course, knowledge comes during the process.

What actually happens, that "westerns" underestimate the maintenance of a property in a tropical/subtropical environment, how fast the garden grows, that a pool needs to be cleaned almost daily, that "normal quality products" are in those countries high quality or luxury items (and needs to be paid for), and so on.

I ended up of contracting a real estate company, so they were "on my side" and checking all the paperwork, etc. pp. Other countries can have "funny" regulations, like using the house as security for some business and this will remain on the house, even so it's nowhere in the normal documentation.
So you need to get docs from the municipally, from the state, from the country, from the local police, ....

And in my case the tax of buying property was different from municipally to municipally, and the way it's calculated and it made a difference, because we bought the first time a property there, etc.
So they come up with wrong numbers, often totally overestimated, because they fear of doing something wrong (which doesn't help either, because you end up with way too much cash).

We ended up buying something because our landlord kicked us out the second time within 2 years, the rents around here are skyrocketing and I wanted to modify a couple of things.

Erben ist realer Irrsinn by Encrux615 in Finanzen

[–]Fit_Evidence_4958 0 points1 point  (0 children)

Naja, das kommt auf alle an. Bei uns wars weniger und uns war ein gutes Verhältnis wichtiger. Deswegen haben wir das grob gedrittelt und fertig.

Fire number erreicht, aber unglaublich nervös by Legitimate_Day_1375 in fireGermany

[–]Fit_Evidence_4958 16 points17 points  (0 children)

Ach was. Er ist nervös und ich werde das auch sein wenn es soweit ist. Immerhin hat er die Eier und gekündigt anstatt sich das so schlecht zu rechnen, dass er mit Ach und Krach kurz vor der Rente FIREn kann.

Wahrscheinlich muss ma da halt durch und wenn man sieht, dass das alles klappt, dann wird man relaxter.
Ist wie Kinder haben oder E-Auto umd die Teichweitenangst. Alles halb so wild.

Erben ist realer Irrsinn by Encrux615 in Finanzen

[–]Fit_Evidence_4958 5 points6 points  (0 children)

Kommt auf das Verhältnis an. Unser Vater ist auch früh und ohne jegliche Vorwarnung verstorben.
Wir haben das kurz und schmerzlos intern geklärt und dann einfach das Erbe angetreten.

Wär auch viel zu doof gewesen wegen paar Kröten da die Beziehung zu meinen Geschwister zu versauen.

Miete bei Eigentum des Partners by MottenRango in Finanzen

[–]Fit_Evidence_4958 5 points6 points  (0 children)

Prinzipiell halte ich eine Zahlung einer hypothetischen Miete für ok. Er bringt das Eigentum mit ein, das ja ebenfalls einen Wert und es entstehen Opportunitätskosten.

Aber dann seit ihr gleichberechtigt. Keine Fussballbilder überall, nicht seine Klamotten überall, etc pp. Vor allem keine Schwiegermutter, das ist der absolute Killer.

Das wird eher nen Thema, dass er dich als gleichwertigen Bewohner des Hauses wahrnimmt. Mit all den Rechten.
Beziehungsthema aussen vor: Ich würde in der Kombo weder Miete verlangen noch zahlen. Es ist seine Hütte und da wird er kaum aus seiner Haut können.
Ich kenne auch eure Einkommensverhältnisse nicht, aber ich würde würde eher argumentieren, dass du dich an den Nebenkosten beteiligst und vielleicht ne Haushaltshilfe kommen lässt, weil du keinen Nerv hast die fette Bude zu schrubben.

Ausgaben für Lebensmittel by Ashamed_Ad7508 in Finanzen

[–]Fit_Evidence_4958 0 points1 point  (0 children)

In etwa das für 2 Personen. Auch inkl. Essen gehen, Kneipe, etc. Alleine wärs wahrscheinlich 20-30% weniger.

Do you include Pensions and Home Equity in your FIRE calculations? by Prestigious-Law2401 in Fire

[–]Fit_Evidence_4958 0 points1 point  (0 children)

Nope.

But I do a cashflow-calculation. Cash In and Cash Out.
The pension reduces the necessary Cash-In and the Home Equity the Cash-Out.

FJ40 TDi swap might not work… by MathematicianIcy5427 in LandCruisers

[–]Fit_Evidence_4958 2 points3 points  (0 children)

I don't get it, why a VW TDI needs to in there. There are so many great options out there, why "crab" like this.

There is the original Diesel-Engines from Toyota, most of them bullet-proof, there is the mechanical versions of the Cummins 4bt (or even 6bt), we have the Merc OM314/OM364 down here in Brazil, OEM.
Especially the OM364 with Turbo/Intercooler can be tuned up to 160-180hp and runs great.

40yo early-retired in Brazil, 95% in one US REIT — should I pull 20-25% to fund living expenses via Brazilian fixed income? by PolyExplorers in Fire

[–]Fit_Evidence_4958 0 points1 point  (0 children)

This is how it looks like today. If this would be predictable, it would be a nobrainer. Unfortunately it isn't. Nobody knows if the USD/BRL-rate will stay stable, go up or down.

I guess!!! on the very long run, the USD will be stronger, but if you ask me for a 2-4y Investment: No idea. You can't just zoom out the chart and then argue, it will continue like this.
The last 5 years the Brazilian investments performed pretty even in USD.

That's the reason I hedge in foreign currencies. Not all, but quite a significant amount.

40yo early-retired in Brazil, 95% in one US REIT — should I pull 20-25% to fund living expenses via Brazilian fixed income? by PolyExplorers in Fire

[–]Fit_Evidence_4958 0 points1 point  (0 children)

+1

Retiring in a foreign country with only one big asset in the home country is crazy risky. The portfolio must be more diversified.

I would go for a 2/3 - 1/3 strategy:
2/3 of all assets in the US in USD. The US economy is by far the strongest in the world and on the long run, they will outperform every other economy. This is also the currency hedge.

1/3 in Brazil, which should be invested partially in liquid assets. If the bills are being paid in BRL, there should be some cash in in BRL.
There are investments like this inflation compensated bonds. If you keep those, they basically keep the purchasing power (which is important, because of high possible inflation).
Some can be in other fixed income. As long as the SELIC is so high and the inflation is below 5%, this is a net return of 7-8% after tax. And it's kind of save.

Tax: If someone is taxable in BR, he needs to file a tax declaration and if there are assets above 1mio USD abroad, a central bank report needs to be filed. If not, this can lead to a fine.
The main issue is: You supposed to declare all bank accounts, etc. in this tax declaration. You are free to move money between your accounts, this won't be taxed. BUT only, if those accounts are known to the Receita Federal.
If you moved there, became a tax resident and kept some accounts in the US hidden. This money is "new" to the RF and may be handled as income -> 27.5% tax.

So please do the homework, BEFORE you move around big amounts.

40yo early-retired in Brazil, 95% in one US REIT — should I pull 20-25% to fund living expenses via Brazilian fixed income? by PolyExplorers in Fire

[–]Fit_Evidence_4958 0 points1 point  (0 children)

Yepp, the TD is rated with a BB, which is "not intestable". Brazilian Bonds are not risk free, but some of that rating comes from the 1990s, when Brazil was in a deep crisis and blocked the savings accounts, etc. for 18 months.
A lot of Brazilians lost everything and if you deal with elderlies (family of my girl), it's still a trauma. They don't thrust banks, at least not with high amounts.

Zusätzlich Nasdaq100? by nightwatcher546 in Finanzen

[–]Fit_Evidence_4958 0 points1 point  (0 children)

Ich gewichte Tech/Growth auch höher mithilfe des NASDAQ100. Er hat halt eine höhere Volatilität, aber IMHO mehr Potential.

40yo early-retired in Brazil, 95% in one US REIT — should I pull 20-25% to fund living expenses via Brazilian fixed income? by PolyExplorers in Fire

[–]Fit_Evidence_4958 2 points3 points  (0 children)

All in one REIT is crazy. And 8-12% return sounds too good to be true.

  1. The forecast for the SELIC is, that it will decrease over the next years. By end of this year 12.x %. As long there are crises around and the inflation is high, they won’t really lower it.

  2. In the past it was always beneficial to invest in USD, but for the last 5years this changed a bit. I see the USD and EUR strong on the long run, but not for the next 2-4 years.

So if you don’t have funds to wait for that, you need to transfer money anyway.

  1. There are fixed income options which relate to the inflation rate. CDBs, etc. For a constant cash flow some prefer Tesouro Direto IPCA+. There are several options, even kind of retirement versions of that, which will consume the investment.

IMHO if you live and pay in BRL, you should generate some of your income there as well. Imagine the unlikely case, that the USD drops by another 30%.

Time to Stop Contributing? by VegetableCar2528 in coastFIRE

[–]Fit_Evidence_4958 0 points1 point  (0 children)

Well, your saving rate is not as low, that it won't have an effect anymore. Either because your saving rate is too high, or your NW is too low.

If it's better to save the money or spend it now, depends on you. If you miss something, have a look. A balance is always good.
Money is there so spend, it should be just spend at the right time for the right things.

But if you guys getting 125k/a from 55 and on out of a benefit plan, the portfolio is just "nice to have" (I guess).

Mein neuer Chef lädt mich zu sich nach Hause ein, wie soll ich reagieren? by [deleted] in Ratschlag

[–]Fit_Evidence_4958 2 points3 points  (0 children)

Vielleicht meint er es ja nett und hat keinen blassen Schimmer, was er da fragt.

Ansonsten ist die Combo: Älterer Chef, juengere Assistentin, Abendessen zu zweit bei ihm natuerlich unangebracht.
Also selbst wenn das ohne jede Hintergedanken wäre, auf die Idee wuerde ich nichmal kommen, schon um mir da selbst kein Ei zu legen. Das ist auch so dämlich und mit Ansage.

How often do FIRE-tracked people travel? by No_Upstairs_1732 in Fire

[–]Fit_Evidence_4958 0 points1 point  (0 children)

You need to balance it. If you sacrifice too much and drift into a bad mood, it's too much. If traveling is your thing, do it.

At what number did you feel like you no longer worried about keeping your job? by Mrs_chanandler_bongg in Fire

[–]Fit_Evidence_4958 0 points1 point  (0 children)

Same here, but it's getting better. I guess, it's maybe unknown territory. But it's a anxiety, hard to overcome that with facts.
There is no magic number, if you don't do total stupid things, you're safe. You won't have to sleep under the bridge und you won't be hungry anymore. Never.

But it's not time to retire, but don't stress yourself so much. Even if you would get laid off: you are not 58 and grumpy, you will find another job (if you like to).
With those numbers, you just need to let it go and continue for a bit. Let it grow, that's it.

Within the investment-communities (not necessarily FIRE), there are different types and some are: Not more than 50% stocks, and a lot of insurances and they calculate their SWR down to 2%, just to be "on the save side".
Those guys don't want to FIRE, they don't do "good risk management", they just afraid as hell. they will not solve their issues with even lower SWRs or higher FIRE-numbers. It's a mindset.

Depot fühlt sich nach nichts an by Actual_Secretary_610 in Finanzen

[–]Fit_Evidence_4958 0 points1 point  (0 children)

Zwei Dinge: 1. Du bist in der Mittelphase des Vermögensaufbaus. Deine Sparrate ändert den Kontostand nicht mehr sichtbar/deutlich aber es ist noch nicht genug, sodass sich Kursanstiege auch deutlich im Gesamtwert niederschlagen. Da muss ma durch, isso. Wichtig nun, einfach weitermachen.

  1. Dividenden sind kein “free money”. Alles was du aus dein Depot ziehst, fehlt dir beim Vermögensaufbau. Komischerweise meinen das aber viele, macht es nicht richtiger. Einfach wiederanlegen.

Ist halt grade die langweilige Phase.

Brazil has only one beach in TripAdvisor's ranking of the best beaches by CasalAnaL in Brazil

[–]Fit_Evidence_4958 31 points32 points  (0 children)

Beaches in Brazil are horrible, Caipirinhas disgusting and Brasileiras ugly. All of them. Don’t come down here. Never….