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I woke up this morning thinking, ok pretend you've hit the 1m mark… my immediate response was: a huge smile, radiant joy, and the thought that now I will focus more on my health. Well . . . . . I had purchased a foreclosed property last year for 19k which I am fixing up. Today I was reviewing...

Welcome, Buckeye! I joined not long ago in roughly the same position... Had just lost practically everything but my house to a messy divorce at age 33, and self-employed freelance, so volatile income. Knock out that credit card debt and you’ll have wings to fly. Oh yeah, definitely check out a...

Bird in hand...true. But, who knows if he won't have a better offer/package down the road? I think it's better to not make huge life decisions in a rushed state, often better to slow down and choose it when you're ready to, vs. when "it's" ready. Just my experience. It has got to work...

I won't repeat what everyone has said--if the numbers work, the numbers work! But. I would say, don't let the rush of the clock influence your decision. If you choose not to, you can always retire later.

I am in a field of self-employment that was low-earning until my ship came in and I got a big client. The moment that ship sailed was also the moment we hit our FI goal at age 32—a huge feat for us—and was also the moment my wife struck. When the smoke cleared I was left with the house and 150k...

Try it!

For those who have asked about the purpose of this thread, my original purpose was curiosity about how people have excelled financially to an extreme, especially if there are take-aways. In my case the ultra wealthy folks I've known seem to have made their fortunes in business and real estate...

I was thinking more learning how people became financially well off. For the people I've known, it seems like it has been running their own individual businesses. And real estate investing. Surprisingly, very few who have grown their wealth through stock investing, which is my chosen path. But...

Another factor to keep in mind, coming from your peer who is navigating the same waters. A lot of women do have similar financial goals as you, in that they want to retire rich and early--It's just that they view you and your earnings as their ticket to get there. This seems to be the rule, and...

My experience, that obsession never ends. It is hard wired. Use the time you'd spend on dating and either: spend time doing free activities to weed out the gold diggers, spend time by yourself doing what you want, or do like I've done and get a second job on evenings and weekends, and get in...

Who is the richest person you have known? How did they build their wealth? The first person who comes to mind is a peer of mine from my early twenties. I may have known wealthier people over the years, but considering his age I'd say he wins. He didn't flaunt his wealth but was obviously a...

My choice was between the Chicago area and Kansas City. At the time, I wasn't making that much money. Like Athena53, I found a house twice the size in KC for half the price. Once my business took off, I heard stories like this article and was relieved I had made the right decision. Except it...

I wonder at what rate it is better to pay it off. Quotes yesterday were 5.5%.

This is the week that put me at 30x my target expenses . . . IF I had been allowed to keep the fruit of my labor & my spouse had not run off with those zeros and commas! I hear she is redistributing it into a consumer ocean of restaurants and concerts. Starting a timer now to see how long it...

My monthly expense varies depending on how I calculate it (do I include collecting firearms and travel, or just overhead?) but my basic cost of living is 1,000/month. I'll be transferring about 330k from stocks and CDs into a single-state municipal bond fund that will pay a current tax-free...

I find that the assumption of regular income is built in to most investment strategies. However, people with irregular or volatile income cannot make this assumption. So I thought it would be nice to compare notes about growing one's net worth while struggling to outlive regular or seasonal...

Biggest investment loss I ever made was marriage. I lost just about everything. Second biggest mistake was at the end of 2014 I put most of my money into individual oil exploration stocks, right before they plummeted 80-90% and have yet to recover. Following this, I became a boglehead.

I will let you know if I see her.

If it's good news? I'm right there with you. This year I would have hit my FIRE milestone, but due to unexpected freak acts of nature I'm set back to about HALF. I'm still doing the best I can! After you make it, I suppose you will have a story to tell.

I've been inspired by Senator saying in an interview that you could just as well be making money every hour of the day. Even if you are making six figures, no shame in a ten dollar an hour job after hours. So I recently have done just this. In my case, part-time employment that is quite...

On a different, but related, note: In theory, if you divided up all monetary wealth and distributed it to everyone equally, it would flow back to approximately the same net worth ratio as people have now, with just a few exceptions.

Hey Steve! Congratulations man, sounds like you are set up in a good position. My own story is pretty similar to yours at 27. You can really get ahead if you keep doing what you're doing. Although I will be a dissenting voice and say don't get married. That is the quickest way to lose half or...

I've given this a lot of thought, and at 36 I'd have to say that, with a few exceptions, each year has been approximately my best year yet. Not that it has all been smooth sailing. It has been like the stock market--up and down, but the overall trend is up. I have reached a few peaks of...

Im saying i would only do this (consider luxury goods or collectibles an investment) if it added value to my life, ie i like it. I would buy x if it speaks to me and adds value to my life, but speculative hoarding is another matter. Just my thoughts. I've known collectors sitting on many...