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Forum » What is financial security?
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Thread: What is financial security?

post 1639712663 05-29-2021, 02:17 PM
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What is financial security?

Brahs, been thinking lately what is financial security to you? I can’t imagine having so Much money and not worrying about a thing. After you have achieved that, what is here to live for?
post 1639712973 05-29-2021, 02:23 PM
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Do not worry, life is a b!tch once you have hit complete and absolute financial security with a strongly diversified investment portfolio with both local and international investments, different assets.. strong monthly inflow and yearly dividend cuts...etc you will probably end up with either health problems or some trying to take it all from you.

Do not worry, you are almost certain to always have something to worry about.
post 1639713213 05-29-2021, 02:27 PM
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bout 350 trillion
post 1639713613 05-29-2021, 02:35 PM
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idk man but if you have your own place in california with no roomates, women think you're like some kind of god. It's laughably easy to impress sloots especially when you're face is handsome lol
post 1639714183 05-29-2021, 02:46 PM
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Being able to crash your yacht and not be upset
post 1639714253 05-29-2021, 02:46 PM
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I feel like I have financial security. My wife and I have a combined income of $155,000 a year (I make 80k, she makes 75k). We have a mortgage with monthly payments of $2,200 which is roughly 1/4 of our TAKEHOME pay, leaving us with about $6,600 a month for the rest of our stuff. We have a $400 car payment, while the rest if the bills are normal utilities and food. We end up saving about $2,000 a month which is put into various investment accounts. Both of our companies downsized last year due to covid and we both came out with raises, which shows our jobs are pretty damn stable. We generally live below our means and don't really ever stress about money. Although we are planning on doing a ~$150,000 renovation to out house so we are actively saving for that for the next year or so.

I think that's what financial security is.
Never neg first but always neg back crew
post 1639714513 05-29-2021, 02:51 PM
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being able to own your own lear jet. although those are slowly down stepping
"it takes a wise man to know when he is in error and a noble man to admit to it"
post 1639715023 05-29-2021, 03:01 PM
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What do you do after you achieve any goal? You find something new to work towards
post 1639715983 05-29-2021, 03:16 PM
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I call it "Celebration". It's sexual, and violent...

New Jersey Crew (732)
post 1639716363 05-29-2021, 03:22 PM
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You almost can never have enough. I retired at 48 and my wife moneymogs but she always wants more.
She’ll say if I make this much _____ then I’ll be content. Then she does and wants more.
You just keep buying and spending more.
post 1639716613 05-29-2021, 03:25 PM
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Originally Posted By BrunotheBoxer⏩
You almost can never have enough. I retired at 48 and my wife moneymogs but she always wants more.
She’ll say if I make this much _____ then I’ll be content. Then she does and wants more.
You just keep buying and spending more.
Yeh anyone who has gone through this chit knows how quickly you adapt to new circumstances and stuff that was once amazing becomes old news at an insane pace
post 1639717633 05-29-2021, 03:40 PM
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Originally Posted By Destor⏩
Yeh anyone who has gone through this chit knows how quickly you adapt to new circumstances and stuff that was once amazing becomes old news at an insane pace
Exactly.
It’s a viscous cycle. I want more nicer things. I get more money. I want even more nicer things. I need even more money.
By the time you retire it’s like what the fook am I gonna do with all this shiit.

Time is your biggest asset. If you get bored. You’re doing it all wrong. Ded fkn Srs.
I love to relax and own my own time.
My wife works a full time career in financial services is an adjunct college professor and volunteers her free time. She’ll never be able to retire.
post 1639717803 05-29-2021, 03:43 PM
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post 1639717963 05-29-2021, 03:46 PM
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post 1639724843 05-29-2021, 05:33 PM
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https://youtu.be/ZmUhZYgx4OM
post 1639725023 05-29-2021, 05:35 PM
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No such thing (srs)

If you have too little money you'll worry about paying for necessities in the short term

But the more money you have, the more you start to worry about things like inflation eating away your wealth, anemic stock returns over the next decade or two, etc
Best lifts:
Bench press: 315x5
Squat: 465x1
Strict press: 205x5
Deadlift: 405x13 (conv tap'n'go with straps)
post 1639725203 05-29-2021, 05:38 PM
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When a man and a woman love each other very much and they decide to make a baby.

It starts getting pretty gross after that so I just suggest you google "Veronica Moser" for some helpful vid clips about the entire process.
post 1639725233 05-29-2021, 05:39 PM
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Originally Posted By SaviorSelfJT⏩
No such thing (srs)

If you have too little money you'll worry about paying for necessities in the short term

But the more money you have, the more you start to worry about things like inflation eating away your wealth, anemic stock returns over the next decade or two, etc
seems like only rich people really think they always need more.

i grew up pretty poor. we never was on welfare cause my grandmother worked two jobs and my grandfather was retired from naval ordinance. but we had enough to get by..

i could live comfortably the rest of my life on 500 grand. put it in the bank and just live off the interest. if you can live on 40k a year. then your taste are exepensive. after you get the home, the car, furniture. toools, mower, etc etc. unless you just want luxury it can be done
"it takes a wise man to know when he is in error and a noble man to admit to it"
post 1639725913 05-29-2021, 05:52 PM
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How many days you can live without getting paid

That is it
post 1639726833 05-29-2021, 06:07 PM
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Originally Posted By Winston56432⏩
How many days you can live without getting paid

That is it
bout 350
post 1639727633 05-29-2021, 06:23 PM
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Originally Posted By Silencespeaks⏩
Not true for everyone.

Some people are able to enjoy a life of rest and leisure without new goals and without ambition to achieve anything more.

It is very dependent on personality. Type A people will always feel the need to work on new or new projects and set new goals and stay busy with some type of new achievement. But not everyone is like that.
The type of people who aren’t like that tend be be useless, and thankfully never get the opportunity enjoy much leisure.
post 1639727833 05-29-2021, 06:28 PM
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post 1639727953 05-29-2021, 06:29 PM
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As a single male? My bills and mortgages paid, cash making it’s own cash. Chilling in the whip in the parking lot of my business watching the cash stack while I let this blunt burn, not a care in the world.

That’s financial security.
post 1639732683 05-29-2021, 08:00 PM
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Originally Posted By Silencespeaks⏩
Not true at all. Plenty of people gain wealth without hard work but by luck or circumstances. Wealthy parents or divorce or inheritance.
Other peoples hard work. Though I agree that luck plays a factor.
post 1639733343 05-29-2021, 08:18 PM
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Originally Posted By Adam16121⏩
Other peoples hard work. Though I agree that luck plays a factor.
Lol. Absolutely wrong.

Automation is the ticket to wealth. Relying on the work of others can get you there, but it's not the only way, nor the best way.
Misc Entrepreneur Crew
post 1639733503 05-29-2021, 08:20 PM
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Originally Posted By lockdev⏩
Lol. Absolutely wrong.

Automation is the ticket to wealth. Relying on the work of others can get you there, but it's not the only way, nor the best way.
Automation takes work as well. Ingenuity and talent too imo.
post 1639740693 05-29-2021, 11:17 PM
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everyone is thinking about that lately, no one wants to go back to the pre-covid world.
"I'm not like most girls." -most girls
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