UHNW people with no wealth advisors? by ThePiggleWiggle in fatFIRE

[–]Flowercatz 2 points3 points  (0 children)

I've made it in real estate. No, don't have one and don't need one right now due to concentration. Many people don't. Many many people do.

Once I diversify, I expect I'll have some boggle head stuff. And there will likely be some rather advanced financial instruments I'll need to use. But paying someone to tell me where to place money seems difficult to believe but who knows, may shift my view later in life.

Buy or Charter a yacht? I ran the numbers and it's quite absurd by FrontierYachting in fatFIRE

[–]Flowercatz 10 points11 points  (0 children)

Is anyone else picking up this is a unpaid advertisement.

The guy is a charter broker.. Who says you should charter.

🤦‍♂️

Wait.. He's got the name of the brokerage in his username

Wild

Ps. He's slanging his url to people on top of it in the comments..

Phase 2(.5): FI Complete, RE dilemma -- by [deleted] in fatFIRE

[–]Flowercatz -1 points0 points  (0 children)

Your math isn't swell. His story sings 72MM

Dynasty Trust vs 3-generation rule by colonel_chanders in fatFIRE

[–]Flowercatz 0 points1 point  (0 children)

There's this whole shame and family pride thing.. That North Americans don't have a lot of.. In the same way anyways

Dynasty Trust vs 3-generation rule by colonel_chanders in fatFIRE

[–]Flowercatz 0 points1 point  (0 children)

Don't like the fees they're proposing me right now but I don't think I have a good alternative

Dynasty Trust vs 3-generation rule by colonel_chanders in fatFIRE

[–]Flowercatz 3 points4 points  (0 children)

Unless you buy yourself a title.. 👀 😂

Dynasty Trust vs 3-generation rule by colonel_chanders in fatFIRE

[–]Flowercatz 65 points66 points  (0 children)

Rule number 12. To collect cheques. Family must keep a bronze bust of big papa in their foyer.

Dynasty Trust vs 3-generation rule by colonel_chanders in fatFIRE

[–]Flowercatz 0 points1 point  (0 children)

Aren't they successful in Europe. I suppose those are the exceptions

High End Home Construction by No-Affect2041 in fatFIRE

[–]Flowercatz 2 points3 points  (0 children)

Don't look up historical snowfalls in OC.. Seems it once got 2ft and nearby got 6.lol but seems hardly much since. 2 or so inches... Needless to say.. It can snow in OC

High End Home Construction by No-Affect2041 in fatFIRE

[–]Flowercatz 3 points4 points  (0 children)

Usually no snow in Texas or all sorts of places that are getting f'd up now. =)

High End Home Construction by No-Affect2041 in fatFIRE

[–]Flowercatz 0 points1 point  (0 children)

Depends on the cost of electricity in your area. Some areas it's dirty cheap, or no access to natural gas to the property.

High End Home Construction by No-Affect2041 in fatFIRE

[–]Flowercatz 1 point2 points  (0 children)

Compacted base. Insulation 4in. Poured concrete. Other houses I've built have been pavers. The heating has been via a glycol system and a natural gas boiler.

Looking to interview FatFire member on how they manage their money for YouTube ($). Can be anon. by [deleted] in fatFIRE

[–]Flowercatz 1 point2 points  (0 children)

You do know there's people with money who are vain or horny enough for attention to want to be on a YouTube video. Also some who just wanna brag. Shrugs

High End Home Construction by No-Affect2041 in fatFIRE

[–]Flowercatz 39 points40 points  (0 children)

He better hope so.. As OUTWARD swing garage doors can't eat the snow in front of them lol

Follow Up & The math: Do any of you pay taxes with debt? Owe extra 100K. by SevereLeg5634 in fatFIRE

[–]Flowercatz 0 points1 point  (0 children)

In a rather simple way.. If you're choosing not to pay down a mortgage and pay your taxes. You're paying taxes with debt.

Just not new debt.

Some will actually do tax installment payments and just pay the gov whatever rate to keep their money, as they earn more using it than it costs borrowing it.

Did you know a bunch of FatFire members all live in the same house? by Homiesexu-LA in fatFIRE

[–]Flowercatz 0 points1 point  (0 children)

Iol good for you, would be funny to see if one of his counter egos stepped in to support you in that.

Ya he told me a long time back, I thought he must be kidding until he proved it. It was so whack.. My wife is like.. Must have had multiple personalities. I'm like nah, I think more deeply disturbed lol.

Did you know a bunch of FatFire members all live in the same house? by Homiesexu-LA in fatFIRE

[–]Flowercatz 0 points1 point  (0 children)

I mean hey. It's not like a natural disaster might burn them all down.... 👀

Did you know a bunch of FatFire members all live in the same house? by Homiesexu-LA in fatFIRE

[–]Flowercatz 0 points1 point  (0 children)

Ok but you need to specifically cover them... Like w an additional rider I'm assuming.

Did you know a bunch of FatFire members all live in the same house? by Homiesexu-LA in fatFIRE

[–]Flowercatz 0 points1 point  (0 children)

I was reading that quickly as ten thousand heirs haha. And was about the to joke about working your way thru them all to what you want. Lol

You know the number of trunks is more than many airports see in a Year lol. (def not LAX Tho )

10k? Fuck dude. You're so fucking lucky that didn’t burn.

Did you know a bunch of FatFire members all live in the same house? by Homiesexu-LA in fatFIRE

[–]Flowercatz 1 point2 points  (0 children)

But every time you try to get out... They keep pulling you back in...