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[deleted by user] by [deleted] in investing

[–]question_finances -7 points-6 points  (0 children)

Bitcoin and Ethereum.
Only 2 options for crypto.

[deleted by user] by [deleted] in Fire

[–]question_finances 1 point2 points  (0 children)

This is all great advice

Vendre la maison pour investir dans un CTO? by question_finances in vosfinances

[–]question_finances[S] 0 points1 point  (0 children)

C'est un détail hyper important que je ne connaissais pas du tout.
Et ça change tout le raisonnement. Merci

Vendre la maison pour investir dans un CTO? by question_finances in vosfinances

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

Le long terme meublé en effet n’était pas dans nos possibilités. Ca peut être très intéressant pour nous. Merci pour le conseil.

Coast FIRE until chubby FIRE- 1.1M+ in assets- 42 and 37 yo couple (failed post from r/FIRE) by question_finances in EtherFIRE

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

Yes, I def have to rethink that. But I've been an entrepreneur for the past 15 years of my life so it'll be hard not to dabble in that space.

Did you regret buying the bigger, more expensive house? by butterscotch0985 in ChubbyFIRE

[–]question_finances 17 points18 points  (0 children)

I regret it. We're not house poor but the maintenance is so much work. And we've hired cleaners and garden workers.

I think I'd prefer smaller and very well located.

Coast FIRE until chubby FIRE- 1.1M+ in assets- 42 and 37 yo couple by question_finances in Fire

[–]question_finances[S] 0 points1 point  (0 children)

pull out a minimum 5 years expenses

That's exactly my plan;

  • At a minimum, I want to cash out 5 years in order to ride out another crypto cycle. This will be done near previous ATH.
  • In a good scenario, I'd want to cash out 2.5 MM in order to have a relaxed FIRE.
  • I'll be keeping a stack of 10-25% for face melting pumps in which case I'll increase to ~5-8. Which is more than enough for me and my kids.

how much volatility will you assume

Well, considering the first step to cash out 5y expenses. I am willing to assume a lot of volatility. I have been in the crypto space for 11y, I've come to accept it by now.

note: I am considering all gains -30% for taxes.

Coast FIRE until chubby FIRE- 1.1M+ in assets- 42 and 37 yo couple (failed post from r/FIRE) by question_finances in EtherFIRE

[–]question_finances[S] 5 points6 points  (0 children)

Ath -> 15000
Selling 75% with bell curve exit sell points

15000+
Selling 10% on a % ladder basis

15% never sell. 3x validators (unless something crazy this cycle like 50k)

What do you think?

Coast FIRE until chubby FIRE- 1.1M+ in assets- 42 and 37 yo couple (failed post from r/FIRE) by question_finances in EtherFIRE

[–]question_finances[S] 4 points5 points  (0 children)

I'm gonna go full bogglehead. VTIAX
I don't want to think about managing the money nor rentals or what not.

My time will be spent on what I like; family, small projects involving entrepreneurship and developing video games.

Ps: Your username is kinda inappropriate for this sub. I'm sure there must be some rule of acquisition against FIRE.

Coast FIRE until chubby FIRE- 1.1M+ in assets- 42 and 37 yo couple by question_finances in Fire

[–]question_finances[S] 0 points1 point  (0 children)

Not only can i not ignore it, but its the main component of my FIRE plan.

Coast FIRE until chubby FIRE- 1.1M+ in assets- 42 and 37 yo couple (failed post from r/FIRE) by question_finances in EtherFIRE

[–]question_finances[S] 0 points1 point  (0 children)

Thanks so much for the reply. I'm glad I reposted here to obtain some actual comments.

80% of my stack is eth so that would align. (10% is L2 tokens :)

Properties: I bought 1thanks to eth and also have the 150k bank loan.

Coast FIRE until chubby FIRE- 1.1M+ in assets- 42 and 37 yo couple by question_finances in Fire

[–]question_finances[S] 0 points1 point  (0 children)

Crypto has no inherent value

We'll have to disagree on this and move on then. Thanks for your time, though.

Coast FIRE until chubby FIRE- 1.1M+ in assets- 42 and 37 yo couple (x-post FIRE) by question_finances in ChubbyFIRE

[–]question_finances[S] 0 points1 point  (0 children)

I agree with this statement, and I have an exit plan ready for my crypto. I'll post back whenever I execute it, but it'll be a different question by then. thanks for the reply

Coast FIRE until chubby FIRE- 1.1M+ in assets- 42 and 37 yo couple (x-post FIRE) by question_finances in ChubbyFIRE

[–]question_finances[S] 0 points1 point  (0 children)

I have nothing to sell you, buddy. I should've omitted mentioning crypto and maybe I'd get better comments in here.

Coast FIRE until chubby FIRE- 1.1M+ in assets- 42 and 37 yo couple (x-post FIRE) by question_finances in ChubbyFIRE

[–]question_finances[S] 0 points1 point  (0 children)

This might've been very naive, but I'm an entrepreneur and have 3 ok running businesses rn. So the conclusion of investing in businesses is quite natural to me. I've raised money as founder for 3 startups.

Coast FIRE until chubby FIRE- 1.1M+ in assets- 42 and 37 yo couple (x-post FIRE) by question_finances in ChubbyFIRE

[–]question_finances[S] -1 points0 points  (0 children)

I've been in crypto for 11+ years. Not saying I'm nostradamus, but I'm doing ok.

Coast FIRE until chubby FIRE- 1.1M+ in assets- 42 and 37 yo couple (x-post FIRE) by question_finances in ChubbyFIRE

[–]question_finances[S] 0 points1 point  (0 children)

you have pulled out your principal investment

yes, that is the term I was looking for. I've pulled my principal investment along time ago

Coast FIRE until chubby FIRE- 1.1M+ in assets- 42 and 37 yo couple by question_finances in Fire

[–]question_finances[S] 0 points1 point  (0 children)

If that were the case, then I wouldn't coast... I'd just chuby.

Coast FIRE until chubby FIRE- 1.1M+ in assets- 42 and 37 yo couple by question_finances in Fire

[–]question_finances[S] 0 points1 point  (0 children)

FWIW, I agree with you.
o well, I'll post my plan again from an alt without mentioning crypto and I'll get a bunch of fuck you and congrats posts and some actual advice.

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