Topic: Early Retirement Extreme - page 4. (Read 14405 times)

watch out for a wallet hack, now that you've told everyone lol.

Sounds very familiar to a plan I've worked out and will be starting next week

Hey thanks man... that guy definitely sounds a little more my style. Great link!

I think Mr. Money Mustache (who Jacob passed the torch to after he went back to work) would be much more to your liking. He's married, has a kid, lives in nice house in suburbia somewhere in Colorado and I think lives on about $27,000 a year. He really doesn't appear to be deprived of anything. Even buys Apple products.

http://www.mrmoneymustache.com/

The dude is a hardcore socialist/communist. Even has the hammer and sickle tattooed on his arm. He is all about redistribution and all of that.

I am not saying it is right, but at least he is helping to collapse a broken system.

Well this is what I was asking about... how cheap would you be willing to live. Me? I definitely am not living out of a van sleeping in Wal-Mart parking lots.

BUT

The last line in the quote above is what I sure don't like... Why should I pay for him to live his nomadic lifestyle?

If you choose to live like that then by all means go for it, but don't take government (taxpayer's) funds to help you live it.

I have a buddy who one day just said "screw it". Instead of paying his rent that month, he took it and put it toward a cheap $800 van. He took out the back seats and made a bed out of them with storage underneath. He added a couple of solar panels on the roof and powers all of his interior stuff with that (laptop, small TV, phone, etc.).

He just drives the van to state parks and goes deep into the woods and just camps out for a few weeks at a time. His wife gets disability from the military for around $1500 a month and they get food stamps so he is doing fine, his only bill is insurance on the van and his cell phone bill.

He will come by the neighborhood and he has enough friends that they usually let him just park his van at their place or he finds an empty lot nearby.

He said that when he travels he will either stay at Walmart parking lots or just parked on the street, blending in with all of the other vehicles.

He heads north in the summer and goes south in the winter. He will do odd jobs here and there to keep himself busy and make a bit of pocket change but he has all the free time he could ever want. He is always working on some new invention with electricity or some little device. He has the time to do it.

I have considered it. But for me, I was considering buying something like this:
http://www.sportsmobile.com/2_eb-110s.html

I would do it if I could just have a business online.

we will see which strategy pays off more at the end of this ride. your critical cynicism versus my starry-eyed optimism. see you at $5000USD
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My comment was in regards to you saying you didn't want to share the amount for security reasons...and loose women. Not about any speculation on BTC.

I sincerely hope you'll be a starry-eyed optimist with his own tropical paradise

we will see which strategy pays off more at the end of this ride. your critical cynicism versus my starry-eyed optimism. see you at $5000USD

So true.
Friends of mine live in Spain and each of them is pending not more than 1000€ for 6 months all expenses (only food and gas basically).

Well that is why I ask to put some perspective to that statement... I mean everything you have if you are living at home with mom probably isn't much.

If you are married with kids, everything you have could be pretty stupid, regardless of the amount.



Mmmm...yeah....that. 

i'm not going to advertise an exact amount for security reasons. lots of scammers and loose women out there, looking for cheap or free BTC

Props on putting your money where your mouth is. I'm much more conservatively invested (but not conservative by anyone's means following the recent run-up).

Good luck

Just to put some perspective on this... How much USD have you exchanged for BTC? $100? $1,000? $10,000?

I sold everything I own (worth selling, anyway-mostly electronics and furniture), took equity out of my house, and am putting money from my job into btc each week. I didn't take out loans, that way if I'm wrong, I only go to $0 and not negative with no way to pay back. But yeah, all aboard, see y'all at $5000USD

I am 38. I make $90k/year. I live on about $45k, but have about $26k in debt which includes $12k on my 2008 truck (First and Last New car I ever buy).

So I am really able to follow this whole ERE thing, BUT... I really don't want to live in an RV. I like the idea of traveling the world and roughing it, but I always worry about 2 things when I travel to foreign countries... Food and Sanitation. I just don't want to get sick abroad (I already have in Colombia once).

So... those of you who have traveled the world and are obviously internet savvy... how rough do you live when you are on your travels?

...and those of you who are looking to do the ERE thing. How 'cheap' are you willing to live?

Book looks really interesting, I might buy it

So I presume you maxed out all loaning possibilities and are working 3 or 4 jobs at the same time to make as much money as possible and buy coins at these prices? If you do this, and your premise is correct, you won't have to work anymore after that. In fact, you'll probably never have to doubt about any purchase ever. And if you recalculate the hourly wages this based on you projected 12-24 month Bitcoin appreciation the rates will be immensely high.

1T$ isn't really a lot. $5000 per coin is reasonable over the next 12-24 months. It probably will hit $5000 by Jan 2014.