Tuesday, September 19, 2017

Red & Blue Pill (Reposted b/c it's my favorite post)

In the movie The Matrix, Neo (the main character) is given a choice from Morpheus to take 1 of 2 pills.  Take the red pill & it allows Neo to escape the Matrix (a fantasy world) into the real world.  I find that I live in the Matrix everyday.  It surrounds me at home & work.  My family - sister, brothers, sons & even my work colleagues all spend their money in the present.  There is little or no delayed gratification.  I become "evangelical" on being frugal to all of them yet they don't listen.  They rather live in the Matrix (big house, travel, SUVs, eating out, cable, internet).  I cut my cable & internet from home last year and those who I love the most thought that I had cut off my arm.  I try to let them know that I'm more comfortable socking away those extra $$ into my beloved 401k.  Even Trinity (my girlfriend which Trinity isn't her real name) doesn't understand me.  My colleagues think that I have 2 heads if I tell them that I would rather eat my sandwich in the break-room rather than to go out to lunch and spend $15 bucks.  So, I compromise & go out with them on Fridays.  They are beyond happy when I attend.

I started my journey to financial independence really back on 2010 & have 7 years to go for Early Retirement.  Turns out that the only other "Neo's" out there are online.  I listened to a PODCAST from the Mad Fientist whereas the Military Guy in Camp Mustache advised that you can't turn people onto your type of frugality.  Only when you set the example, they will listen.  Saving money is important to me.  I just wish I had like-minded frugal people around me. My community still takes the blue pill everyday.  The red pill for me is a choice to be in reality...you need to avoid debt, save & invest in Index funds so that you have:

1) Peace of mind
2) Your not a slave to a job (trade your precious time for a wage)
3) Have F-U money
4) Have choices, have freedom when you have enough to live on

Thanks & best regards,
Nevada

Tuesday, August 29, 2017

A Spoon Full of Sugar

"In every job that must be done. There is an element of fun.  You find the fun and snap! The job's a game" - Mary Poppins (Disney's classic song and movie featuring Julie Andrews).

In the movie, the nanny is telling the children to clean their nursery (I guess in modern times a nursery would be a "play room" for children).  I know, I know...first world problems.  The kids don't want to clean up.  So, Mary Poppins convinces them that for every task that is undertaken, you find the fun in it and then it becomes easy (a piece of cake per se).  For FIRE, one must find the fun in frugality in order to free up that money for investment in:

  1. * Stocks
  2. * Real Estate
  3. * Owning your own business (i.e. entrepreneurship)

In my case, my path is to have a high savings rate and funnel it into index common stock funds that pay ordinary dividends quarterly

Yes, it is possible to find the fun on a tight budget!  You have to discover news way to enjoy life:

  • Nature becomes your playground rather than expensive sporting events or buying stuff
  • You find fun walking or riding your bike rather than driving an expensive car

Frugality is all about shaving more and more money from the income statement.  SHAVING has a synonym depending on who you are asking.  It has been called "OPTIMIZING" I believe from the MAD FIENTIST (one of my heroes).  :)

With findintg the fun you become that geeky guy asking your girl on a date and it's a picnic at the local park.  I find it enjoyable to watch old movies on my TV which I only have a digital antenna.  I cut cable and internet 2 years ago and haven't' looked back.  You find the frugal fun in many ways to have a blast and still kill time.  It can be tricky.  Instead of a restaurant with a waitor that will command a 15-20% gratuity tip, I find abundance in the grocery store whereas I buy croquetas, beans, macaroni and salad.  We, my kid & I, have a feast! I'm not cheap per se as I will indulge once in a while.  I took my girlfriend to a natural, organic restaurant on Saturday night and the bill was $55 w/o drinks.  This coming weekend, I'm taking my kid and meeting my brother to a natural spring in northern Florida.  I have been known, in the past, to do other water activities that are frugal in nature and frees up money for investment.  I would get out the hose and have my kids dance on a frugal summer day in my driveway.  My motto:  Enjoy a frugal life!  The path to FIRE is as important as the destination to financial freedom.

All the best, Nevada


Monday, August 21, 2017

Money for Nothing

Passive income is a great way to make money.  I mean, my plan is to build a portfolio of $400K USD and have it invested in the Vanguard High Dividend Fund (paying 3% yield annually).  It's diversified into almost 500 stocks and mimics the S&P 500.  What's appealing to me is that I don't have to do anything but collect money every 3 months (quarterly).  Free cash in a sense for my efforts in building a $400K foundation.  I'm sure you've seen the You Tube video of Dire Straits singing a similar tune...

Money for Nothing
Dire Straits

Now look at them yo-yo's that's the way you do it
You play the guitar on the MTV
That ain't workin' that's the way you do it
Money for nothin' and chicks for free
Now that ain't workin' that's the way you do it
Lemme tell ya them guys ain't dumb
Maybe get a blister on your little finger
Maybe get a blister on your thumb
We got to install microwave ovens custom kitchen deliveries
We got to move these refrigerators we gotta move these color TV's
See the little faggot with the earring and the make up 
Yeah buddy that's his own hair 
That little faggot got his own jet airplane
That little faggot he's a millionaire
We got to install microwave ovens custom kitchen deliveries
We got to move these refrigerators we gotta move these color TV's


https://www.youtube.com/watch?v=lAD6Obi7Cag

All the best,
Nevada

Fifty Shades of Grey

FSOG is a EXTREME, erotic movie whereas a wealthy businessman has a sadomasochistic relationship with one of his colleagues.  It shows how EXTREME a BDSM relationship can be. Why women are drawn to FSOG?

A) His confidence
B) His intensity
C) He doesn't' apologize
D) His power (money is power = freedom)
E) He takes control

All of these above reasons also correlate to FIRE.  As JL Collins NH said "F-U Money".  Very true that it gives you (at your place of work or with your natural circle) confidence, intensity, you're unapologetic, you have power and you can take control of project you do or don't want to work on or stand up for yourself more with people you have a disagreement with.  If you're new here to my blog post, you should know that this blog is a little EXTREME.  I have gone as far as place the pioneers of FIRE at the last supper with their passport image superimposed.  I also make analogies of music, movies and such to the early retirement movement as I see it.  Early Retirement EXTREME is also like FSOG...it's an EXTREME lifestyle of simple living in order  to free up money to invest and eventually to become "wealthy" and free.  Some EXTREME frugality form of becoming financially independent in 5-10 years (depending on your savings rate).  WHAT FSOG and FIRE have taught me are some 3 key takeaways which I will quote a famous line from the one-and-only Antonio, Tony, Montana of Scareface...

In this country:

1) First you get the money
2) Then you get the power
3) THEN you get the woman!

All the best,
Nevada


Friday, August 18, 2017

Simply Irresistible

My 401K, Regular & Roth IRAs & my brokerage account were in their infancy back in 2010.  Today, they are sizable.  She's so fine, there's no tellin' where the money went. And, she's all mine :)




Now, I funnel EVEN MORE of a savings rate into them. Of course they grow with each new market high.  No wonder I have plowed money into them! My investments are simply irresistible now.  I invest, log in often, and dream of a better tomorrow.

Just like the Robert Palmer song "Simply Irresistible":

How can it be permissible
She compromise my principle, yeah yeah
That kind of love is mythical
She's anything but typical
She's a craze you'd endorse, she's a powerful force
You're obliged to conform when there's no other course
She used to look good to me, but now I find her
Simply irresistible, Simply irresistible
Her loving is so powerful, huh
It's simply unavoidable
The trend is irreversible
The woman is invincible
She's a natural law, and she leaves me in awe
She deserves the applause, I surrender because
She used to look good to me, but now I find her
Simply irresistible, Simply irresistible
Simply irresistible (She's so fine, there's no tellin' where the money went)
Simply irresistible (She's all mine, there's no other way to go)

All the best,
Nevada

Addicted to Love

While it may seem silly, I think that I am addicted to savings.  That's my love.  I love to save money by buying groceries rather than eating out so that I can free up money to invest (automatically every 2 weeks) into my investments index funds accounts.  I do splurge on luxuries, such as Olive Garden, with my girlfriend, children, siblings or work colleagues occasionally.  Has anyone felt like me...addicted to saving money for a better tomorrow?  If you're ever find yourself identifying with how I am feeling, you probably like me that you hear that catchy tune in your head from Robert Palmer ("Addicted to Love"):

Your lights are on, but you're not home
Your mind is not your own
Your heart sweats, your body shakes
Another kiss is what it takes
You can't sleep, you can't eat
There's no doubt, you're in deep
Your throat is tight, you can't breathe
Another kiss is all you need
Whoa, you like to think that you're immune to the stuff, oh yeah
It's closer to the truth to say you can't get enough
You know you're gonna have to face it, you're addicted to love
You see the signs, but you can't read
You're running at a different speed
Your heart beats in double time
Another kiss and you'll be mine, a one track mind
You can't be saved
Oblivion is all you crave
If there's some left for you
You don't mind if you do
All the best,
Nevada