Comments on: When Income Doesn’t Require Working Anymore https://thefrugalgene.com/when-income-doesnt-require-working/?utm_source=rss&utm_medium=rss&utm_campaign=when-income-doesnt-require-working Born To Help You Save Money Fri, 16 Sep 2022 09:57:02 +0000 hourly 1 https://wordpress.org/?v=6.2.1 By: Noah https://thefrugalgene.com/when-income-doesnt-require-working/#comment-108681 Fri, 16 Sep 2022 09:57:02 +0000 https://thefrugalgene.com/?p=13364#comment-108681 Awesome reading about your story and how you made it. Always inspiring to see someone having a genuine interest in investing! Personally, I am building my “dream” All-Weather Portfolio of the best buy and hold forever stocks (currently have 40 so far – love the passive income). Its current value is at $600,000 US, paying about $24,000 US in dividends every year! Anyways, keep it up, love your blog! Cheers from Singapore, Noah

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By: Young and the Invested https://thefrugalgene.com/when-income-doesnt-require-working/#comment-8027 Fri, 28 Sep 2018 08:43:08 +0000 https://thefrugalgene.com/?p=13364#comment-8027 I think you’re right about pursuing FatFIRE. Having a very high savings rate is great but life needs to be lived while you’re able to enjoy living it. What’s the point in forced frugality which makes you miss out on enjoyable experiences along the way? Life is a roller coaster and not a destination. You need to enjoy yourself along the way.

I admire your mathematical attempts to find this ideal level of income for obtaining FatFIRE. It’s always good to run through the numbers to give you a ballpark of where you need to land.

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By: GYM https://thefrugalgene.com/when-income-doesnt-require-working/#comment-7993 Wed, 26 Sep 2018 06:45:32 +0000 https://thefrugalgene.com/?p=13364#comment-7993 That’s really nice that you and your hubby work together as a team to invest! 🙂 great teamwork.
My husband and I are more like “I just bought some more ###” or “Altria is up 7%”. We both have different investment accounts but just a joint account for spending on the household.

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By: Mr. Groovy https://thefrugalgene.com/when-income-doesnt-require-working/#comment-7921 Mon, 24 Sep 2018 23:27:47 +0000 https://thefrugalgene.com/?p=13364#comment-7921 I came for good ol’ Frugal Gene wisdom and found myself mesmerized by the vibrating chicken leg. I feel so dirty.

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By: Lily https://thefrugalgene.com/when-income-doesnt-require-working/#comment-7915 Mon, 24 Sep 2018 06:40:12 +0000 https://thefrugalgene.com/?p=13364#comment-7915 In reply to Dr. McFrugal.

YES!! Perma study group buddy! Do it. Oh god you two are smart as heck!!!

Active is like if we managed it – pick a few strong businesses or small/med caps. Passive is if you just dumped it into domestic stocks or your regular 80/20 blend.

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By: Lily https://thefrugalgene.com/when-income-doesnt-require-working/#comment-7914 Mon, 24 Sep 2018 06:38:44 +0000 https://thefrugalgene.com/?p=13364#comment-7914 In reply to TheAsianInquiry.

We’ve beaten the market but it was luck haha. I don’t give details because it’s SUPER personal (and nothing is concrete). There’s a lot of liabilities in giving away that information or telling people what to invest/what not to I think. Investing is like…a personal jesus to me. Not sure if that makes sense :p

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By: Lily https://thefrugalgene.com/when-income-doesnt-require-working/#comment-7913 Mon, 24 Sep 2018 06:35:54 +0000 https://thefrugalgene.com/?p=13364#comment-7913 In reply to Xrayvsn.

He’s smarter but I’m weirder, hope this works :p we both keep each other sane.

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By: Lily https://thefrugalgene.com/when-income-doesnt-require-working/#comment-7912 Mon, 24 Sep 2018 06:32:21 +0000 https://thefrugalgene.com/?p=13364#comment-7912 In reply to Caroline.

It is risky, nice to have the spouse in your corner for sure though.

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