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Have you looked in to FIRE (financial independence; retire early) at all? At your income it doesn't seem like it would take all that long to get to a point wher
by Trundle 9y ago
Have you looked in to FIRE (financial independence; retire early) at all? At your income it doesn't seem like it would take all that long to get to a point where retirement is a possibility. Then you'd be free to pursue your low cost hobby business without fear of returning to the job market in a reduced capacity.
It would come down to how important your lifestyle is to you and your spouse I guess, but if you consider an expensive lifestyle highly important then torpedoing your career doesn't sound like a smart move either.
There's also the option of a middle ground where you go to a smaller company at a pay cut in exchange for whatever concession it is that's important to you. Remote, tons of vacation days, etc. There are smaller companies that want experienced bigco talent that know they can't compete on price.
- mykull 9y agoI don't understand the idea that living off investments is "independence". It's just a different kind of dependence. You're depending on other people to do work while reaping the benefits. Sounds great, except when too many people do it.
- Trundle 9y agoIsn't anything bad by definition when "too many" people do it?
- AstralStorm 9y agoThis is also morally suspect. You're putting extra load (taxes if anything) on people while you're not working. If you think you can repay this cost to society with volunteer work or otherwise, this might work.
- Trundle 9y agoHuh? You contribute with your assets. People get to use your stuff in exchange for giving you stuff.
- deleted 9y ago[deleted]
- mykull 9y agoLending isn't productive in and of itself. There is a nice gradient stretching from freeloading rent-seeker to visionary/socially responsible investor. Not seeing the difference and condemning the former is a problem. The difference is in how many other people get fucked along the way as the investor gets their return.
- tonyedgecombe 9y ago"From each according to his ability, to each according to his needs" I thought we had got past the idea of collectivism, it just doesn't work.
- mykull 9y agoLittle is more naive than the broad claim "collectivism doesn't work" because the USSR and other states tried some form of it and failed. Even if you are willing to massively oversimplify things and look at the cold war and all the real-politik business of the last century as a fair contest between the ideas of collectivism and capitalism, "which system wins in a war" is not exactly the same thing as "which system maximizes prosperity." Nor are we actually limited to picking between the two.
- lord_ring_11 9y agoHe already played more than other people will ever pay in taxes in their lifetime, he does not have obligation to society.
- toomuchtodo 9y ago> Sounds great, except when too many people do it. It's a self regulating system. The more money that flows into investments, the lower returns will be pushed, causing more money to be required to support yourself off of investments alone.
- mykull 9y agoIt isn't that simple at all. When the returns are pushed lower, the means of extracting wealth from low class workers get more brutal. Suffering builds up at the bottom because of decisions at the top, and decision makers don't care because their experiences are entirely disconnected.