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> I finally got rich just by saving and investing well. I saved pretty much everything I made. It was worth it, because now I get to live the life of The Dude.
by xcubic 4y ago
> I finally got rich just by saving and investing well. I saved pretty much everything I made. It was worth it, because now I get to live the life of The Dude.
Care to share some details?
- afpx 4y agoWell, rich is relative, of course. But, I take in about 200k in passive income / year. My house is paid for, and while I budget for 120k / year in expenses, it's actually more like 60k. So, the rest just compounds. (Once you have everything, it's hard to find things to spend money on.) At my first job, I made 30k / year. And, that sort of set my standard of living. I bought my first house in early 2000s for $250k which increased my cost of living. But, I made it back in increased equity. But, everything else went into investments. I maxed out my 401k with index funds. Non-401k investments went into a mix of technology stocks. As for The Dude lifestyle. Well, I'm mid-40s. I smoke a lot of weed. Hang out with my friends. We make bad music, art, and comedy together. I bike a lot. I chill under the sunset. I still like to make software, and I'm still relatively good at it, but I have no interest in interviewing nor competing with today's hungry all-stars. So, I just abide.
- throwaway_1928 4y ago> I have no interest in interviewing nor competing with today's hungry all-stars. So, I just abide. The Dude abides. I don't know about you but I take comfort in that. It's good knowin' he's out there. The Dude. Takin' 'er easy for all us sinners.
- RonaldOlzheim 4y agoUsing this for my blogpost.
- RonaldOlzheim 4y agoSoundtrack: Way down We Go · KALEO