ComfortOverated Archive

Upvotes	Title	Category	Author	Subreddit	Date (UTC)

Upvotes	Comment on	Subreddit	Date (UTC)
5	(opportunity) Cost of marriage Don't ever buy a house with another person you are not married to.	/r/askTRP	06/05/21 10:21 PM
2	Naming your philosophy after something that represented objective reality in a movie doesn't make it that. Its all subjective. What may seem pessimistic to someone, may in fact be realism to someone else. Everyone has a different anecdotal reality.	/r/seduction	08/10/20 07:18 PM
1	I dont like my fwb talking to other guys Man up and stop wanting your cake and eating it too. If it's a deal breaker for you then move on.	/r/askTRP	17/07/20 09:48 PM
1	How do you cope with the fact that you need to work your ass off at least 40 hours a week only to survive? Even when working 8 hours a day it seems like there is no time left for yourself after the work, and earning big money also seems like magic. Be honest. What is your net ROI on all the years you have traded options?	/r/askTRP	17/04/20 07:47 PM
3	How do you cope with the fact that you need to work your ass off at least 40 hours a week only to survive? Even when working 8 hours a day it seems like there is no time left for yourself after the work, and earning big money also seems like magic. Gambling is a surefire way to never accumulate wealth. Most people I know who are successful with options stick to one strategy and they are usually selling premium, taking the opposite side of the outrageously speculative bets where $500 could yield 40k that you are taking. Not that reading WSB and acting like a moron with your money isn't fun, but at that point its nothing more than adrenaline and entertainment.	/r/askTRP	17/04/20 06:32 PM
1	For those that are good with their money I totally agree with you that for a first home purchase, an FHA loan could be a good option. It is one of many to consider. With conventional financing even though you may have to put down a larger downpayment, in return you usually get better terms on the loan and no MIP (Mortgage Insurance Premium) which for FHA last for the entire life of the loan. Some conventional financing allows you to put much less than 20% down, paying PMI (Private Mortgage Insurance) until you reach that 20% equity by …	/r/askTRP	16/04/20 05:18 PM
1	For those that are good with their money Multifamilies are hit hardest in a recession. I would be very cautious about getting one in the current climate at market rates, unless you are insulated by a good purchase price. Sounds like you bought right and are able to force appreciation through upgrades that yield higher rents.	/r/askTRP	16/04/20 05:13 PM
1	For those that are good with their money Just be patient. Start analyzing real estate deals from an investment perspective (yes even if you will live in it). Deals in real estate will start popping up sooner than you think as people start panic selling. If you find a deal that works for you with a good CoC return and cap rate then pull the trigger. As long as you purchase correctly, the overall real estate market doesn't matter. You should also consider house hacking meaning renting out rooms if you want to live for free. In my area I …	/r/askTRP	16/04/20 05:12 PM
2	How do you cope with the fact that you need to work your ass off at least 40 hours a week only to survive? Even when working 8 hours a day it seems like there is no time left for yourself after the work, and earning big money also seems like magic. You sound butthurt my guy. I'm sure there are plenty of early retired people that cut some corners and may have to go back to work during this unprecedented black swan event, but I know many who are just fine and are deploying cash reserves while equities are cheap. Historically equities have returned 8-10% over the duration of the entire stock market. Long term holders of equities don't really care about bull or bear runs.	/r/askTRP	16/04/20 05:03 PM
6	How do you cope with the fact that you need to work your ass off at least 40 hours a week only to survive? Even when working 8 hours a day it seems like there is no time left for yourself after the work, and earning big money also seems like magic. The whole point of the blog is to show the process. I'm sure I will have many ups and downs along the way that people can learn from. I've been learning about the stock market and real estate for years and have a lot of knowledge (CFA level 1 passed and realtor). The blog is mainly for myself to keep myself accountable by posting my net worth monthly among other things I find interesting. Most of the content about building wealth is very unspecific and general from people who have it, often they…	/r/askTRP	14/04/20 09:02 PM
8	How do you cope with the fact that you need to work your ass off at least 40 hours a week only to survive? Even when working 8 hours a day it seems like there is no time left for yourself after the work, and earning big money also seems like magic. I'm currently not a millionaire, but will be by age 30 (currently 25). The secret to becoming wealthy is not by having a large income, but rather having investments produce unrealized gains (i.e. stock and real estate appreciation).	/r/askTRP	14/04/20 08:50 PM
16	How do you cope with the fact that you need to work your ass off at least 40 hours a week only to survive? Even when working 8 hours a day it seems like there is no time left for yourself after the work, and earning big money also seems like magic. The idea here is to work smarter and not harder. Everyone can go at whatever pace they feel comfortable. Optimizing your finances at an early age and investing in assets that generate passive income allow you to not be dependent on wages to survive.	/r/askTRP	14/04/20 08:32 PM
108	How do you cope with the fact that you need to work your ass off at least 40 hours a week only to survive? Even when working 8 hours a day it seems like there is no time left for yourself after the work, and earning big money also seems like magic. Seems like you are a perfect candidate for FIRE. Bust your ass in your 20s to retire in your 30s. Invest in building a stock and real estate portfolio by living substantially below your means. Reap the benefits later. Its like hitting the gym, but for your finances. On a related note I will be starting a blog soon documenting my journey to accumulating a million dollars worth of assets by 30 and how someone could copy what I have done.	/r/askTRP	14/04/20 04:38 PM
2	Thank you TRP. But my time here is up. Unconditional love is a recipe for disaster. Love should always be conditional, or you'll end up the male equivalent of the battered housewife running back for more. The only real unconditional love is with your own genetics (i.e. Your parents and your kids).	/r/TheRedPill	28/03/20 06:42 PM