You are so annoyingly dogmatic sometimes.  #justsaying.

I hate to repeat myself, since I think that I already made my point, and your end of story does not seem to resolve the issue.

One thing about truly being in FIRE status is the ability to chose, since if a person is truly financially independent, then he can choose his activities, including whether some of it might include work or entering into obligations (and/or contracts with others that involve services being done by the FIRE person).

Sure a person could lie to himself in regards to exactly where he is at or how obligated he might be, or whether he does his accounting himself (which is a kind of work) or hires accountants and lawyers to do those things.


You can define things however you like, but it neither means you are correct or that others are going to agree with your way of categorizing matters (activities and/or statuses).


You made a lot of good points earlier, but now you seem to be devolving into your sometimes quasi-retarded self... Not that I don't like you and/or your points, but sometimes you collapse into nearly pure ridiculousness and seeming to want to argue for the mere sake of it.


I'll have to ask you, since I won't be able to know it on my own.

 


Sure.  Sometimes I might touch upon some personal issues, as examples, yet I am not merely talking about my own status when I discuss this topic or any other forum topic.


The no true bitcoiner argument, right?

I will admit that many aspects of managing investment portfolios and/or the bitcoin component within will have both financial and psychological elements.  Another thing that I frequently argue is that if any of us prepare our own finances in such a way that we are prepared for BTC price moves in either direction, then our psychology will likely take care of itself... so in some sense, having good financial management leads to better psychology.

Regarding how any of us spends our days could be another story.  If I might have various amenities such as housing, food, transportation, entertainment in place, yet if I might want to add to such amenities to buy some hookers, lambos and blow, then that is going to change some obligations that I might have in regards to not only the transactions that might be involved and also the extent to which I might enter into obligations in regards to how to manage those hookers, lambos and blow.. will some of that be work?  perhaps?  Perhaps I am changing my obligations and my mindset might not be correct when I choose the purchase of such goods and services. 

Let's say that I am getting a bit bored, and I drive by an apartment complex that has around 30 units, and I think that maybe it would be fun to buy it, and then to either hang out there or maybe renovate some of it, or maybe just run it to the ground.. or change the tenants.  Perhaps the complex is going to cost me around $15 million to buy, and then it might cost me another $5 million to have fun with it.. sure there might be some work, but it seems like something that I am interested in.. Is my mindset wrong because I chose an activity that might involve a combination of work and fun?  Let's say that I have around 1,500 bitcoin, so it is not like I have money issues, even though I still might have some issues about how to manage such 1,500 bitcoin.


Of course, for you it is simple, since you seem to know almost everything.


To me, it seems that shiny things can give meaning and experiences, too... but hey?  what do I know?


what makes you speculate that my buying hookers lambos and blows is motivated based on concerns about what others think?


You seem to know what is wasteful and what isn't and you seem to also presume that you are going to know whether obligations might be created by purchasing goods and/or services and also the extent to which those obligations are voluntary or forced.. or just following the herd as you seem to suggest to be an issue for some of us... perhaps even yours truly?


I am glad that you got that  figured out.


I would not want to get kidnapped or robbed.. so does that make me fitting for FIRE status?  or not?


I wouldn't want that, but sometimes if you want to keep the good body guard, you might sometimes need to work within their parameters.


I am glad that you are leading the way, so that you can tell us what it is like before we reach such status (or falsely believe that we have reached such status, when we hadn't).  Thanks for taking one for the team.


Your categorization of those three statuses seem a bit confusing and even stifling..

I would imagine that a lot of people in bitcoin have gained in various ways in regards to building up their bitcoin and having more and more options.  Whether guys choose to quit their jobs or how they choose to spend, invest, consume their wealth seems to have quite a bit of variance, even though surely we could try to put some of them into categories in order to better communicate how we might get there or how we might manage our spending once there, yet I have my doubts about your lecturing about what is meaningful and what is not meaningful is greatly helpful, even if some of us may well agree with some of your points.



I would suggest that there can be a considerable amount of flexibility in terms of how a guy might consider himself reaching fuck you status, and how he might project his ability to either stay in fuck you status or even to potentially continue to increase his wealth (or his level of fuck you status) after he had determined that he is already in it.  So surely, I have done quite a bit of discussion about how to attempt to make fuck you status sustainable, yet at the same time, if a guy might consider his timeline to be limited or maybe he even projects his timeline in a certain number of years, then he might just project how much of whatever wealth he had achieved to be spent within his projection of his timeline. 

I personally prefer to consider sustainability in terms of being able to perpetually spend from a guys investment, yet surely there can be life circumstances that might involve age and/or health that might cause someone to reasonably conclude that projecting a certain number of years is morre practical to their own circumstances.


You believe that there aren't ways to increase your income and/or cut your expenses in order to have money to invest, whether into bitcoin  or otherwise?  If you spend all of your money, then it becomes difficult to imagine how you will ever reach FIRE status, absent winning the lottery or some other miracle.

I think that part of the idea of FIRE is to help you to formulate your own destiny, even if there are likely going to be struggles along the way, and you are also not guaranteed to be successful in your efforts to reach your intended goal(s).


Some folks have more obstacles than others, and of course, the greater your income over your expenses, then the more you can invest and the greater could be your chances of expediting the process of actually reaching FIRE status, and so it could make a difference if you are able to invest $10 per week, $100 per week, $1,000 per week or some other amount in terms of making meaningful progress... including figuring out how much time that you have to do it.. 30-40 years? or some shorter period?  Of course, getting there faster would be nice, but you still have to work within your parameters and if you are able to improve your parameters.