Quote from: franky1 on Today at 09:24:21 AM

Quote from: JayJuanGee on Today at 06:31:39 AM

It seems to me that to the extent that I took any position, I repeatedly suggested that work is optional for someone who is financially independent. You seem to be the one who is proclaiming that as soon as anyone does any kind of activity that might be considered to be work, within your own arbitrary and seemingly effervescent characterizations, then such person could neither consider himself to be within true franky defined FIRE status and he could not refer to himself as being in FIRE status.

you are correct in this part.. FI has option to continue work
dont meander and mix up the notion of someone being FI, with someone thats in the FIRE philosophy
the RE has a important differential distinction compared to someone thats just FI.. learn the difference and things might start making sense for you

the rest of your waffle is you not understanding anything and misrepresenting everything
YOU are confused about
a. what work is
b. what retirement is
c. what kind of activity might be work
d. what fire is
e. what i said

I doubt any of this is as dramatic as you are making it out to be.

Quote from: franky1 on Today at 09:24:21 AM

YOU think doing favours for friends is the same as employment

I did not come to any conclusion, except sure I was probably inclined towards calling it a voluntary activity rather than work, even though there were obligations involved too.. and I suppose that I was largely describing that activity as an example in which a person might end up getting paid pretty sizable amounts for his activities and also getting paid more than once for doing the same thing.

Quote from: franky1 on Today at 09:24:21 AM

YOU are the one trying to say retired people work if they have to do house chores, manage own finances, pay own bills, or maintain their car

sure. Further examples of different kinds of activities that show certain kinds of obligations that might come from owning things, choosing to buy more things or even entering into relations in which a retired person might have to oversee someone else doing work.. which is a kind of work to oversee the other person, especially if it is a BIG project that is chosen to be done.and even the project might end up bringing in money..as I mentioned in some of my earlier examples..

Quote from: franky1 on Today at 09:24:21 AM

YOU cant understand the difference between a favour, chore vs work
thus you have no comprehension of work..

We seem to share some ideas and differ in some of our perspective, to the extent that any of it matters, which you seem to think the RE part matters, and I don't attach so much specificity to what counts or does not count, even though I provided some examples in which you could potentially choose for yourself in regards if they constitute work or not.. and some of my examples seem to contradict some of your prior assertions regarding what might be considered work or not work.

Quote from: franky1 on Today at 09:24:21 AM

then you want to redefine what retirement is..

Perhaps what it is remains less important than you are seeming to want to outline it to be within your parameters of seeming to want to ongoingly battle about it.. and perhaps we might even end up agreeing that the FI portion is much more important than the RE portion.. even though achieving the FI portion may well have a lot of significance for some one to choose to partially or even completely discontinue earlier activities that had been sources of his income to pay his monthly bills through such income that he is giving up and presumptively converting over to other forums of income.. such as using various aspects of his retirement funds.. whether he might have a pension might be another source of income that might be part of an immediate formula, or maybe he starts to draw a pension at a later date, if that might be one of his income sources.

Quote from: franky1 on Today at 09:24:21 AM

its not "dogmatic meaning according to franky".. its actually societal common sense thats been known by billions of people even before you were born

Sounds like exaggeration to me.. especially since conditions likely vary in terms of when guys might discontinue work and even there is not a lot of commonality in terms of folks around the world either establishing investment accounts or knowing how to preserve them, manage them or to draw from them, in the event that those billions of people have some commonalities in their knowledge about how to retire early or how to get to a status of financial independence, which also seems to be a prerequisite to being able to discontinue paid work perhaps in a way that is earlier than otherwise expected.

Quote from: franky1 on Today at 09:24:21 AM

so instead of wasting all of your daily crying time on this forum making wacky posts trying to play the idiot/victim of your own misunderstandings when someone points out your failures. take the time you usually take to post, to actually learn some stuff..
use your time wisely, for your own benefit.. learn some stuff (even if you think learning is work, try it)

I doubt it is productive for you to be going on and on about the various ways that I supposedly failed.

Quote from: franky1 on Today at 09:24:21 AM

use google, use some research resources, talk to other people in your life about common sense stuff, people you trust to tell you in a way you will accept even if it hurts your predisposition, preset notions.. learn how society works. learn how even the tax man defines the difference between income vs gift, learn some basic standards of life and common sense

I doubt any of this is even relevant.

Quote from: franky1 on Today at 09:24:21 AM

stop wasting other readers time with your silly troll/fake victim games.
heck i know you want to next abuse the word 'independent'.. i can tell you are scratching at your computer desk, itching to spout out the next level of your game, you are just that type of person

just get the hint already, your idiot game is not subtle, you deserve to be put back in the idiot group. so take some time to mature and sort yourself out if you ever want to stop being called one

I thought that you already put me in the idiot group, so why are you continuing to discuss these matters?

Quote from: tabas on Today at 07:47:40 PM

Quote from: JayJuanGee on January 07, 2025, 10:42:16 PM

~snip~

To give you an idea, it's not that much compared to all of you in here but I can say that hopefully when BTC hits the ceiling, I can say that I can live with my life with less pressure.

One thing is that bitcoin is designed to go up forever, so if you think that if bitcoin goes to a certain price, then you are selling it, that seems to be problematic from my point of view.

Quote from: tabas on Today at 07:47:40 PM

And I agree that no offense to those that have invested to themselves and got the skills and job that they have dreamt of but someone who DCAed Bitcoin during the early days might be ahead of time than them in terms of portfolio and finance matters. On the other hand, someone who had BTC and kept it until now and could live comfortably could do what they did and improve their skills and follow the path of passion they want to be in. That only means patience has always been paying off.

I think that there are trade offs, and it is not always clear whether you might invest in yourself and develop skills, and sure it could have been better use of your money to just buy bitcoin, yet sometimes young people have little to no money, so they may well be spending a lot of time learning, but not engaging in employment, so they are not earning money during time that they are studying, yet they may well be expecting that at the end of their studies they may well end up getting a job that pays them way more and also gives them way more options at various points down the road. It can be difficult to know which path forward is better, and surely there are some job opportunties that may well ONLY come from someone with a degree or maybe someone who met person with connections while they were a university student. I believe that I personally was able to get some opportunities that were largely based on my college education and various kinds of work that I did in preparation for college that looked good on my resume and did not lock me into lower end kinds of jobs that may well would have otherwise been within my options had I not pursued the college path.. and surely I think that the higher paying jobs made up for the time that I was not paid.. ... yet the question is not always obvious since it is difficult to figure out what the other path would have had been, since college for me did involve entering into quite a bit of debt, too... it took a while to pay back the debt, but the level of pay still seemed to have had made up for the extra expenses. it is not easy for any of us to answer for anyone else and it is not even easy to know our own various trade-offs that we might not completely know after we had chosen to take one path instead of another path.

Quote from: tabas on Today at 07:47:40 PM

Quote from: JayJuanGee on January 07, 2025, 10:42:16 PM

There are quite a few people who have come to realize that they overvalued real estate (such as buying their own residence) and they undervalued bitcoin in terms of how much bitcoin would continue to appreciate relative to property values. There are still a lot of people mistakingly making those kinds of assessments.

I agree and there's this one guy that admires that after selling their house, they can buy it back now with a lesser quantity of Bitcoin while keeping a lot of it in their family's stash. I'm talking about Didi Taihuttu's notable decision to sell their house for Bitcoin way back 2017.

Selling your house is one thing, and choosing to not even buy a house (defer the purchase) is another thing. I remember times in which folks were really excited about selling their bitcoin and getting into real estate, which I know is an ongoing lingering dilemma for some folks.