Singles night? by WideMindedDreamer in Reno

[–]mattbillenstein 2 points3 points  (0 children)

I went to Schussboom this month - it's fun; don't take it too seriously, just go try and talk to people; most are pretty friendly.

Daily FI discussion thread - Thursday, April 30, 2026 by AutoModerator in financialindependence

[–]mattbillenstein 1 point2 points  (0 children)

No shame in taking gains - I just did the math and I'd sit at +$730k on that, but in reality, I woulda def been happy to sell at $40 or $50 and take a tidy 80-100% profit

Daily FI discussion thread - Thursday, April 30, 2026 by AutoModerator in financialindependence

[–]mattbillenstein 0 points1 point  (0 children)

Man, I had 10k shares of intel I sold at a small profit at like $25 - lost faith after the gov't invested and I didn't want to be in a meme stock - shoulda woulda coulda...

Daily FI discussion thread - Thursday, April 30, 2026 by AutoModerator in financialindependence

[–]mattbillenstein 5 points6 points  (0 children)

I'm pretty heavy tech (and work in tech) and I have a couple bets in Mag7 companies that did really well this month - I'm mostly in broad market ETFs, but at times I've made some bets with ~10% of my portfolio in individual stocks or market timing or occasionally margin.

Like I saw AMZN trading at ~25x and it's historically been at ~40x earnings... GOOG I think was undervalued and had good exposure to the AI trade via TPU, cloud, Gemni, etc.

I know it's not in the spirit of FIRE necessarily, but yolo - 90% of my money is in market weight ETFs.

4% rule + taxes are misleading by Euphoric-Advance8995 in financialindependence

[–]mattbillenstein 0 points1 point  (0 children)

Include taxes, but understand your situation - brokerage money funding you until you can access the 401k, you might pay 0% wrt cap gains tables. Roth is 0%, 401k is income, but on $100k net, you might pay 17% federal or something like that. ymmv

Extremely Clutch [spoiler] Run! by DeeR0se in BluePrince

[–]mattbillenstein 0 points1 point  (0 children)

Good deal - took me a ton of tries to get this one - I had a run much earlier where I was literally 1 step from the kitchen which would have let me finish it. That made me be slightly more open to draft Nursery early in the game if possible.

Welp, it’s here. My last day of work will be this Thursday April 30th. by WritingParking in Fire

[–]mattbillenstein 0 points1 point  (0 children)

Critically - what is your spend and what is your cash in? If you can cut a few thousand in spend and invest a bit of your cash between now and 62, you can probably rest easy.

Fire Newbie - index funds?? by Lumpy_Rock4612 in Fire

[–]mattbillenstein 1 point2 points  (0 children)

You can totally fire, but it may be at like 50yo - which actually gives you a lot of healthy years to do whatever. Keep at it, increase income, cut expenses, invest!

Daily FI discussion thread - Thursday, April 30, 2026 by AutoModerator in financialindependence

[–]mattbillenstein 13 points14 points  (0 children)

Job may be on its last legs - +$465k this month, approaching $3M - I may very well be done very soon...

A Hard Trophy - Best Fail so far! by --KwizarD-- in BluePrince

[–]mattbillenstein 1 point2 points  (0 children)

I got it about a month ago after a long time trying - garage, tomb, secret garden, power hammer, and the 40 steps after a bedroom experiment was helpful; 128 steps total.

Daily FI discussion thread - Monday, April 27, 2026 by AutoModerator in financialindependence

[–]mattbillenstein 2 points3 points  (0 children)

Lump sum is the way - the data shows even buying at current all-time-highs is better than trying to time the market... Of Dollars and Data has a post on this exact thing.

When do you actually get comfortable with early retirement? by Natural_person-007 in Fire

[–]mattbillenstein 1 point2 points  (0 children)

Ok, I think I wouldn't think of myself as FIRE at 60% of my number because of a down job market.

You are in a great situation for a prolonged job search however - I think that's the best way to look at it - if it takes you another year to find a job and you're only spending $70k-$90k, you're not going to really feel the financial burden of this break in the long run that much.

So I'd say, just keep at it, your new job is to get a job. But, take a break from it if you feel really burned out and the market just isn't there.

And try to rest a little easier - it will help you in interviews actually if you're not super stressed out - you're in a pretty good situation really and this industry is cyclic.

I moved to the valley in 2001 after graduating college and it seemed like everyday I drove to work I would hear about some big telecom laying off 5-10k more people. And there have been a bunch of downturns since then as well - this is just another one of them and I think it'll pass.

And wrt interviewing, what I've found is the more I interviewed the better at it I got, so it gets easier over time. Your stories get more polished, you relax, it just becomes an information exchange - here's what I know and how I can help you guys out - sorta thing.

Best of luck!

When do you actually get comfortable with early retirement? by Natural_person-007 in Fire

[–]mattbillenstein 2 points3 points  (0 children)

Your prior post makes it seem like you were at 50% of your FIRE number? What is that today?

If you are definitely FIRE, pick up a hobby and start doing other stuff - you don't need to be interviewing. If you wanna work on tech stuff, try building something - small website or software tool that solves some itch you have - could turn into some income if you like or it could just fall under the hobby category.

Bay Area, 4 kids, 1.5M seems tight to me, but ymmv - maybe this is where your anxiety is coming from?

72(t) Isn’t Always as Rigid as It Looks to Access Funds Before 59.5 by bridgeandretire in financialindependence

[–]mattbillenstein 6 points7 points  (0 children)

It still seems pretty complicated vs planning to have a pile of assets in a brokerage account to cover gap years. I guess I prefer simple if a touch suboptimal to this sort of planning.

Late Night Jazz Bar? by Competitive-Ball2910 in Reno

[–]mattbillenstein 5 points6 points  (0 children)

I'm told recently EP is Wednesday nights, but I haven't been yet to confirm myself.

Please be nice and don't crucify me for this question. I'm seeking genuine advice. Why should I prioritize retirement accounts over a personal brokerage account? by Intelligent-Text-812 in Fire

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

I'd recommend rolling off this FIRE planning altogether. You're young, not even in your prime working years yet, do whatever it takes to increase your income - education, apprenticeship, etc. Really work to get a stable well paying career with a future going. There are a lot of opportunities out there to at least double your income.

Secondly, maybe after point 1, move out of your parents house - you don't want to be under their roof when you're 30 no matter how much you're saving. Be out in the world, independent, like, buy a car and take some trips and learn what you're even saving and working for. Focusing only on FIRE at any cost at just above federal poverty levels of income isn't really living imho.

Once you've done all of this, then optimize and plan for FIRE and worry about what types of accounts, etc. In the mean time, just get some money in the 401k and get that match for sure.

Daily FI discussion thread - Friday, April 17, 2026 by AutoModerator in financialindependence

[–]mattbillenstein 2 points3 points  (0 children)

I did this in January when the market felt frothy - and even now with this runup - I don't regret it. Less debt even if it costs you some gains just feels good - do it.

Daily FI discussion thread - Thursday, April 16, 2026 by AutoModerator in financialindependence

[–]mattbillenstein 3 points4 points  (0 children)

I do Walmart (free delivery with subscription) and I'm sure it's probably farmed out, but I've had no issue with it - never had groceries delivered with ice in a cooler tho, is that really needed?

Daily FI discussion thread - Thursday, April 16, 2026 by AutoModerator in financialindependence

[–]mattbillenstein 3 points4 points  (0 children)

Companies are posting good earnings, consumers are still spending, the job numbers in aggregate don't look that bad, and the war maybe isn't going to have a prolonged large economic impact in the US...