A MGTOW Finance topic: The Disappearing Retirement Fund.

NotEarth27 · 2018-05-12T19:27:52+00:00

A lot of people say that "time = money" but don't realize how much it can change your perspective if you flip it to "money = time." By basic mathematical principles, the same holds true.

My biggest revelation recently was to stop spending money on dumb shit. Money put away in a savings/investment account is basically buying time in the future, as well as buying peace of mind for now. 2 years ago I started putting 50% of my paycheck away into various investments and savings. And now I could safely wake up any morning and say "You know what? I don't have to go into work today, I'll just call my boss and tell them I quit." Even just having a small emergency fund gives you the freedom to confidently speak your mind in a professional environment and act in a manner where you get what you deserve for your time. The consumerist mindset is the biggest thing keeping us enslaved.

2018-05-12T19:30:30+00:00

I'm somewhat lucky as I started working where I do when they still had a pension and I'm grandfathered in as long as I keep working there. I'm constantly torn between staying there because the job is really easy and pays $25/hour but on the other hand it's in eastern South Dakota and it feels like my personal growth is hindered by the isolated location and the winters do suck. The economy is good so I should transfer to another plant somewhere else in the country.. they are all hiring. On the other hand things are really good here... maybe once I get my body looking the way I want as my weight room is in my house. Plus no state income tax...

I also made money in cryptos last year so I have 6 figures to invest in the stock market and am slowly researching and building up lists of stocks to invest in. EXPI is probably the one I'm most excited could be a 10-20 bagger or more over the next few years. GRUB and SODA are two more I like, and BOTZ, HACK, HMMJ and others.

DWShimoda · 2018-05-12T20:16:22+00:00

Problem with his advice is that -- long term -- there are at least as many potential "game over" pitfalls with "international" or "overseas" investments.

Will any of the "bad shit" (the really bad shit, the "game over" stuff) happen to your retirement funds or investments? Only time will tell... often only with 20/20 hindsight... and then chiefly it will have been predetermined by something beyond your control: the year you were born.

As for the "Mathematics"... that is true; but as he notes the present economy (and "imputed" stock valuations) are being artificially inflated and held up; that can and likely will continue, but for how long no one knows. Other investments are "bubblicious" based simply on mass delusions of future potential "value" that has already been "priced in" to the current market valuation... when that future potential is proven to be nothing but an illusion, the actual value of those things is likely to be revealed as zero.

Title	A MGTOW Finance topic: The Disappearing Retirement Fund.
Author	Itsbbbitch
Upvotes	3
Comments	3
Date	May 12, 2018 5:20 PM UTC (8 years ago)
Subreddit	Posted in /r/MGTOW
Original Link	https://old.reddit.com/r/MGTOW/comments/8ixh2i/a_mgtow_finance_topic_the_disappearing_retirement/
Archive Link	https://theredarchive.com/r/MGTOW/a-mgtow-finance-topic-the-disappearing-retirement.558277 https://theredarchive.com/post/558277

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