Comment on Limited Investment Opportunities by ambertreeleaves.
A very interesting read on the impact of the different generations on the US economy and stock market.
Most of this is new info to… It will have to digest…
One thing that stands out: having to wait till 35/40 before buying a starter house means that you are used to renting… why then change?
ambertreeleaves Also Commented
Limited Investment Opportunities
On the pressure of selling by people reaching retirement… Could that be compensated by the working people that buy? Has that not been the case since ever in the US?
Recent Comments by ambertreeleaves
Creating a Better Life By Spending Less Not Earning More
At this time, we are working to fund our FIRE funds so that soon that can fund our essentials. We are quite low already on discretionary compared to others.
It can still go lower. 4K per year on ski is really not needed and can be replaced with a 2K other type or holiday, or even staycation, why not…!
At one point in time, we will need to decide on what is more important: the discretionary spending or the freedom FIRE can bring.
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Great story. I like the math to decide on buy or not. You also add in the occasional renting in stead of buying. All good elements.
We do not own one, we could use one from the family and now no longer can. It is great to have cheap holidays. It was cheap for us as someone else paid all the costs. Personally, I would not buy one. It means holidays always on the same spot, guilty feelings when going elsewhere,…
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Thx for the mention.
Now that we have a better idea of what we want, it is easier to go after that, evne if it means postponing FI a few years. Without that isight, I would not have changed jobs to a startup. From apure FI point of view, earning less is just plain stupid. In the bigger picture, it makse 200 pct sense….
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Sounds like you do not need that warranty. How many times last 2 years did you need a repair? What was the cost?
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Thx for sharing this!
Tom is a great person. He runs Tastytrade, the financial network I love to follow.
I watch their show on a regular basis!
