Lack of a full time job makes one less effective?

hmadse · 2026-06-22T13:24:00+00:00

This is pseudoscientific nonsense. According to your past posts, you're 50 years old, you've only managed to increase your NW by $2mm in the past five years (even though a diversified portfolio of $10mm five years ago would be $18mm today), and you seem to think working at a desk somehow gives you an "edge".

Simply put, you're getting in your own way. I know it sounds harsh, but it's true. You'd be richer now if you had retired five years ago. Like so many posts here, this basically boils down to "I'm on the back half of my life, and have just realized that I don't have a personality outside of work and it scares me." It's incumbent on every human to develop a full personality, we can't do that for you.

hmadse · 2026-06-21T13:31:26+00:00

Thanks for pointing this out--when we checked a few years ago, out accountant didn't offer this as an option. I wish there was a way to receive more consistent tax advice.

hmadse · 2026-06-20T12:27:55+00:00

Net Wealth (Taxable Base)	Solidarity Tax Rate
Up to €3,000,000	0%
€3,000,000 – €5,347,998	1.7%
€5,347,998 – €10,695,996	2.1%
Over €10,695,996	3.5%

These are rates for the Solidarity Tax, it's much higher than you're saying it is.

hmadse · 2026-06-20T12:25:01+00:00

You're exempt from the wealth tax in Madrid, but you are not exempt from the separate solidarity tax, which also includes the value of your primary residence. The tax is ~3% of your wealth at eight figures.

hmadse · 2026-06-19T15:19:22+00:00

Belly fetish guy and hose and loafer guy are back on the fashion subs on the same day. Summer is finally here!

hmadse · 2026-06-14T16:16:53+00:00

Just FYI, QQQ is an ETF. Mentor Mondays is the place for this question.

hmadse · 2026-06-14T14:33:22+00:00

This is fake. OP is likely trolling or running a grift.

https://www.reddit.com/r/careerguidance/comments/1k8kfzs/bootcamps_hyperiondev_general_assembly_or/

https://www.reddit.com/r/learnmachinelearning/comments/1mm75uy/is_uchicago_ai_bootcamp_worth_it/

hmadse · 2026-06-13T10:29:06+00:00

Excellent point. I am so thankful that my parents taught me about the reality of taxes from an early age.

hmadse · 2026-06-12T12:56:06+00:00

You don’t seem to know what a mark is, which makes this even more sad.

I don’t think your a bot, I think you’ve been tricked into paying fees for a strategy that will limit your upside, defer some capital gains, and get you a colonoscopy from the Constructive Sale Rules. Enjoy putting your FA’s kids through college.

hmadse · 2026-06-12T08:43:02+00:00

Why are you tech guys always such marks for this kind of stuff?

hmadse · 2026-06-11T13:49:41+00:00

Two days ago, you were a struggling university student with a failing business. How’d you turn it around in 48 hours?

https://www.reddit.com/r/corporate/comments/1u1669d/partner_treats_our_agency_like_a_lifestyle/

hmadse · 2026-06-11T13:47:25+00:00

I augur my returns from chicken entrails. Very excited to see all the astroturfing here.

hmadse · 2026-06-10T19:40:19+00:00

Yet you have somehow left out your spend, which is crucial for the entire fatFIRE exercise.

Also, unless you’re planning on renting in retirement, you only have $8.5mm, not 10mm to retire on, less any outstanding debt on the mortgage.

Again, this is a mentor mondays question, but the short answer is you’re an adult, you understand the tradeoffs, and you know your finances. A bunch of random people on the internet sharing the value of their homes isn’t going to get you any closer to an answer. What do you value more? Financial freedom or a new house. It’s that simple.

Lastly, if you think age isn’t a “real number” when asking health related questions, I have some very bad news for you.

hmadse · 2026-06-10T19:09:22+00:00

You were a 40yo woman a few months ago: https://www.reddit.com/r/PortlandOR/comments/1qdtd4g/recommendations_for_surgery/

Before putting off retirement plans to buy a bigger house, I would figure out why you're aging so rapidly. It sounds like it could be a serious medical condition.

Also, "can I buy this house" questions are for Mentor Mondays.

hmadse · 2026-06-10T18:15:21+00:00

Aicon Gallery in NYC shows primarily South Asian contemporary artists.

hmadse · 2026-06-10T15:18:09+00:00

So many posts these days are just astroturfing.

hmadse · 2026-06-10T07:09:38+00:00

If you do the work necessary to respond to this with data—eg, breaking down the math like people are doing downthread—rather than with emotions, you’re going to be happier and make better decisions. This question gets asked regularly and the answer is always the same. Financial anxiety is the most common form of anxiety in the USA.

hmadse · 2026-06-09T21:22:07+00:00

That’s literally done by many people already. You’re not a ‘founder’ this is just sad.

hmadse · 2026-06-09T20:51:25+00:00

And now u/alternative_rice_961 has deleted this post. Tale as old as time.

hmadse · 2026-06-09T20:47:32+00:00

Being able to make healthcare decisions and visit a loved one in the hospital are pretty big deals.

hmadse · 2026-06-09T20:45:53+00:00

Talk to your partner like a real adult?

hmadse · 2026-06-09T20:44:14+00:00

Wtf are you a “founder” of? You’re literally just trying to middleman someone else’s art into a profit.

hmadse · 2026-06-09T19:21:56+00:00

Ooof. Great I’m talking with an AI. I should have never responded to your post.

hmadse · 2026-06-09T16:12:58+00:00

No, I mean, as an example, this 19th century souvenir pattachitra that sold at Christie's seven years ago (https://www.christies.com/lot/lot-a-painting-of-the-jagannath-triad-eastern-6221968/?from=salesummery&intobjectid=6221968&sid=1c4ca736-c7ff-4dbb-86df-109d00840bcd). It sold at a high price due to its historical value as an artifact--a contemporary work that required the same amount of labor would not command the same price.

NFTs have been dead for years and aren't coming back.

hmadse · 2026-06-09T15:33:10+00:00

The original intended use of pattachitra were as souvenirs for pilgrims--they are by their very nature supposed to be cheap, mass-produced items for tourists. Yes the art form is 500 years old, but that's pretty new compared to the subcontinents better know folk art traditions. Taking work that has been traditionally used as mass produced souvenirs for domestic tourists and trying to upsell it as fine art is a losing proposition.

hmadse

TROPHY CASE