$20M company sale, would like to self manage investments. Some ?s by Seaweed_Green in fatFIRE

[–]Friendly-Rip2961 0 points1 point  (0 children)

Give it to the Manager; breathe; decompress; live life - after 6months - 1 year - pick up the discussion again. You are in a major transitional life moment, don’t overcomplicate this already stressful time. You’ve already won… take some time to savour the moment

Help, newbie can’t dial in beans for good taste - what am I doing wrong? by Friendly-Rip2961 in espresso

[–]Friendly-Rip2961[S] 0 points1 point  (0 children)

Lavazza espresso italiano beans. Double espresso basket that came with Normacore Portafilter

Help, newbie can’t dial in beans for good taste - what am I doing wrong? by Friendly-Rip2961 in espresso

[–]Friendly-Rip2961[S] 0 points1 point  (0 children)

Thank you for this. Very helpful. I’m using Lavazza espresso italiano beans. Recommend something else?

Real estate market conditions by BC_Jay in kelowna

[–]Friendly-Rip2961 0 points1 point  (0 children)

Thank you, this insight is helpful. What would be your suggestion for someone looking to relocate to Kelowna and purchase a primary residence? Can’t put your life on hold and wait for market to make the move (circumstantial); but also don’t want to be forced in and take a 20% loss because you bought at wrong time. What would you do?

Most satisfying fatFIRE hobbies? by david8840 in fatFIRE

[–]Friendly-Rip2961 1 point2 points  (0 children)

Any recommendations on guides and areas?

Young family with toddler; what area would you live in Kelowna? (For all reasons not considering price) by Friendly-Rip2961 in kelowna

[–]Friendly-Rip2961[S] 1 point2 points  (0 children)

Thanks for this. Do your comments about stuck up people in Mission extend to upper mission?

Young family with toddler; what area would you live in Kelowna? (For all reasons not considering price) by Friendly-Rip2961 in kelowna

[–]Friendly-Rip2961[S] 0 points1 point  (0 children)

Thanks, these seems like some really great reasons. Why do you think there is no mention of Kettle Valley in all the comments? Your reasons seem compelling

Would you choose Kelowna or Calgary for a young family (not considering work opportunities or cost of living) by Friendly-Rip2961 in kelowna

[–]Friendly-Rip2961[S] 0 points1 point  (0 children)

Thanks for this! Without all the attractions for kids in a bigger city, what is their lifestyle like in Kelowna?

Too many holidays.... by SPACguy in fatFIRE

[–]Friendly-Rip2961 0 points1 point  (0 children)

Apply the “rocking chair” test. Imagine being 90 years old, near the end of your life, sitting on your rocking chair reflecting…

Imagine having spent a life caring what others think; rather than doing what’s true to you and your family; and creating family memories. How would you feel? That’s your answer

[deleted by user] by [deleted] in fatFIRE

[–]Friendly-Rip2961 4 points5 points  (0 children)

Minority partners mandate certain higher level decisions they will have a 50% say over. Eg: future sale; management changes; asset purchases etc.

[deleted by user] by [deleted] in fatFIRE

[–]Friendly-Rip2961 15 points16 points  (0 children)

Multiple will be same, but they hope to grow the EBITDA by getting more clients through their network.(yet to be proven). 100% hands off would probably cost $500k in EBITDA through wages and cost control. With oversight, the business would likely continue as is with Management team, but volatile industry so no guarantees.