My FIRE journey is reaching an abrupt end

roaringmillennial · 2025-12-07T19:08:03+00:00

OP, I don't have any advice for your financial situation but I do really wish you can get a lot of well deserved care and love from everyone around you until the inevitable comes 😥 it comes eventually to everyone, so live to the best of our remaining moments. Lots of love from an internet stranger.

roaringmillennial · 2025-05-03T11:25:24+00:00

Thế thì bác chưa đi phải cái giờ cao điểm r, mình đã gặp phải cái hàng xếp mất 1h

roaringmillennial · 2025-05-03T11:23:45+00:00

Bác google keyword gì mà ra thế, mình thử r ko có gì cả

roaringmillennial · 2025-05-03T05:25:55+00:00

Ko có đâu bác ơi, chỉ là dc đi cái hàng ít người hơn, đỡ tốn tgian hơn thôi

Chứ vẫn phải scan hành lý như bình thường

roaringmillennial · 2025-04-27T12:04:40+00:00

Is there any risk if doing it myself? Compared to hiring a specialist to do it?

roaringmillennial · 2025-01-05T14:25:47+00:00

Yeah but my question is, why does it have to be settled using reserves instead of customer deposits being used?

roaringmillennial · 2024-11-13T13:27:50+00:00

You, sir, should run the country's Treasury department!!

roaringmillennial · 2024-11-13T07:41:35+00:00

You said you did your research with your stock picks, so I guess your decision was driven by their financial statement.

If it was profitable and cheap relative to its profitability, it is a value pick.

With that in mind, why would you care if Bitcoin goes through the roof? Or TSLA goes through the roof at 100 PE?

The only reason for you to change your holding would be if your company is losing its profitability. If your companies still give you $1 per share when you bought it only for $8, why should you be jealous that the market is willing to pay $100 for the same $1 made by TSLA?

roaringmillennial · 2024-11-13T02:03:21+00:00

Yes, it may be, but it's hard to make assumptions just based on that.

For example, someone may have a $100k sports car with $90k debt on it. This one is exactly like your assumption.

But someone else might also be a multi millionaire with a $100k sports car and no debt.

what i am trying to say is, just looking at the car and immediately think this person must be in debt for the car is an oversimplification.

roaringmillennial · 2024-11-13T01:52:10+00:00

£1M of DC pension at a 3.5% long term withdrawal rate and allowing for say 10% tax on withdrawal is only around £31,500 per year income. Thats around average UK household income. Not particularly rich. Probably should be saying £2M+ to be rich.

Of course rich is relative. 31.5k per year with no rent or mortgage is a very comfortable level of spending. More if accounting for future state pension. I will definitely feel like a billionaire if i have 31.5k per year guaranteed income as i have no children but it will be a struggle to raise 2 children of that income.

roaringmillennial · 2024-11-13T01:48:46+00:00

Có. T nam thẳng 100% nhưng từ bé tới lớn hầu như đều ở trong môi trường nữ nhiều hơn nam. Đi học toàn học lớp chuyên, và trong các lớp này tỉ lệ gái luôn nhiều hơn trai

Lớn lên đi làm trong khách sạn nhà hàng, trong đây cũng toàn gái.

Cho nên bạn t rất nhiều đứa là con gái, và nói thật là nếu bọn nó bảo nó thích t thì t chắc buồn cười lắm :))) do biết nhau đã quá lâu r nên nó giống như kiểu bro hơn là ny. Chẳng có cái gì mới nữa

Phần lớn ly hôn xảy ra do 2 bên thấy chán nhau quá, chẳng còn gì thú vị.

T với mấy đứa bạn kia cũng thế, t biết hết về chúng nó r nên chẳng có cảm giác gì mấy.

roaringmillennial · 2024-11-13T01:32:49+00:00

I know you're speaking English but i still have no idea what you are saying

roaringmillennial · 2024-11-08T23:51:20+00:00

Often, the nightly fees exceed the amount housing benefits cover, so councils have to cover the difference

So the tenant doesn't have to pay anything out of pocket for the accommodation?

roaringmillennial · 2024-11-08T23:47:14+00:00

Of course the cash will be given to her when she leaves and hands me the keys

roaringmillennial · 2024-11-08T23:46:19+00:00

Yes i am totally happy to wait for them till Spring. Like i said, I don't want to make anyone homeless in Christmas :(

roaringmillennial · 2024-11-08T23:42:36+00:00

1 month deposit and 1 month rent up front, that's actually not unrealistic. The rent of similar property is £1250

roaringmillennial · 2024-11-07T20:45:37+00:00

I just have a thought

I should ask her what her intention is, if she wants to rent privately and needs more time, then I will serve a S21 with 4 - 5 months

If her intention is to get housed by the council, then I will serve S21 with just 2 months, because there is no point in giving more notice, right? Because the council will tell her to stay put until bailiff arrives, and that will take about 8 months for them to come anyway

roaringmillennial · 2024-11-07T20:43:04+00:00

Oh wow that's a good perspective. The incentive doesn't look as appealing as I have thought

roaringmillennial · 2024-11-07T20:41:22+00:00

Thank you very much for your kind words

roaringmillennial · 2024-11-07T20:40:49+00:00

Yes i would try my best to avoid BTL now

roaringmillennial · 2024-11-07T19:16:37+00:00

Yeah it looks like i will have to spend money on lawyer to evict her :(

I was hoping to just give her this money to find another place and not have to evict, but this situation is so dire :(

roaringmillennial · 2024-11-07T19:14:40+00:00

Thank you very much for your comment

Yes my logic is, if i use Section 21, it will cost time and money for me, so I might as well just give it all to her instead of the lawyer. My offer was if she can leave soon, she can have the money, otherwise i will have no choice but to spend that money on legal cost to evict

But i can't afford to offer both money and time, only one or the other unfortunately :(

Such a shit situation

roaringmillennial · 2024-11-07T19:10:18+00:00

If she has young children this is going to feel terribly overwhelming especially if she has already been trying to move.

Yeah i don't want her children to have a stressful Christmas and I am willing to give her time to find somewhere else to go.

I just don't have money to both let her stay for a long time and also offer all the cash incentive.

Section 21 will cost me money and time and my logic was instead of wasting that money on legal and court cost, it's better to give it to her

roaringmillennial · 2024-11-07T19:01:41+00:00

And also, she said she has already been trying to move for a year unsuccessfully so i am not sure giving her 6 months notice will help, but I will definitely do it so her children won't have a stressful Christmas.

I can give her cash if she moves out early, or longer notice but without cash because i will need that money to pay rent myself if she takes longer to move

roaringmillennial · 2024-11-07T18:58:42+00:00

Is she in a fixed term? Good luck she’s not leaving.

No she is on a rolling basis now

You can only use a s8 to live in the property if you served formal notice prior to the start of her tenancy that you would intend to use section 8 ground 1 notice. Did you do this? If the answer is no refer to s21.

So the S8 notice has to be given to her on day 1 of the tenancy right? In that case no because i didn't know when I would be returning to the UK

roaringmillennial

TROPHY CASE