Anonymous
Post 11/23/2025 11:00     Subject: “We’re retired”
Yeah, my cousins wife in the Seattle area decided that she didn't want to work anymore when her son was about 3. She mentioned that when people would ask her what she did she didn't want to say she stayed at home so she "declared" herself retired. She eventually pulled her kid out of school and home schooled him, so I guess she became a teacher. When people would ask my cousin what he did he deflected and would say, lets talk about what you do, its probably a lot more interesting. His inherited a comfortable sum and spent time on boards and organizations donating money.
Anonymous
Post 11/23/2025 10:52     Subject: “We’re retired”
Anonymous wrote:I retired before 45 when my kids were still in elementary school. I had a successful exit from a business. But while that provided me a significant sum of money truthfully it was all the years of multiple seven figure income the years before and investing that income that built up the assets.

We don’t live so modestly but on the flip side we live modestly for our NW.


You're a stay at home parent. You're not retired.
Anonymous
Post 11/23/2025 03:52     Subject: “We’re retired”
Anonymous wrote:
Anonymous wrote:[twitter]
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Just a reminder that wealth and income can be two very different things. We have never had a large income, but we were very lucky in picking out stocks decades ago and we are now wealthy. It took a while for those stocks to increase in value, so in our 30s we only had a few million.

We are not retired, but it's true that we don't take jobs to get a paycheck. We work on what we find interesting.




Picking stocks and crypto is just winning lotteries. Presumably you made big bets so had a safety net if they went south — for most of us the income we make goes to student loans and mortgages and daycare, and 401k which doesn’t let you buy individual stocks.


Wrong.

This is why you should not make assumptions. We did not have a safety net. We don't have one now. Daycare was so expensive, I quit my job to stay home. We lived on 80K with two little kids. The reason we don't have hundreds of millions is that we did not invest a lot. We invested what we had, which was very little, and now we have 20M.

Crypto did not exist when we invested, and we don't have any today. Too risky, even for us. We are 100% in high-tech stocks, though, which gives us a lot of exposure to the AI bubble. We'll see what happens...

Again, do not make assumptions about how your neighbors get their wealth.


That is still gambling. Sector specific investing for your entire portfolio? Gambling.

If you call it gambling, you should give a medal to the 1 percenters for being the best gamblers.



Sure, they get the good luck medal.
Anonymous
Post 11/22/2025 21:59     Subject: “We’re retired”
Anonymous wrote:[twitter]
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Just a reminder that wealth and income can be two very different things. We have never had a large income, but we were very lucky in picking out stocks decades ago and we are now wealthy. It took a while for those stocks to increase in value, so in our 30s we only had a few million.

We are not retired, but it's true that we don't take jobs to get a paycheck. We work on what we find interesting.




Picking stocks and crypto is just winning lotteries. Presumably you made big bets so had a safety net if they went south — for most of us the income we make goes to student loans and mortgages and daycare, and 401k which doesn’t let you buy individual stocks.


Wrong.

This is why you should not make assumptions. We did not have a safety net. We don't have one now. Daycare was so expensive, I quit my job to stay home. We lived on 80K with two little kids. The reason we don't have hundreds of millions is that we did not invest a lot. We invested what we had, which was very little, and now we have 20M.

Crypto did not exist when we invested, and we don't have any today. Too risky, even for us. We are 100% in high-tech stocks, though, which gives us a lot of exposure to the AI bubble. We'll see what happens...

Again, do not make assumptions about how your neighbors get their wealth.


That is still gambling. Sector specific investing for your entire portfolio? Gambling.

If you call it gambling, you should give a medal to the 1 percenters for being the best gamblers.

Anonymous
Post 11/21/2025 23:25     Subject: “We’re retired”
I retired before 45 when my kids were still in elementary school. I had a successful exit from a business. But while that provided me a significant sum of money truthfully it was all the years of multiple seven figure income the years before and investing that income that built up the assets.

We don’t live so modestly but on the flip side we live modestly for our NW.
Anonymous
Post 11/21/2025 22:13     Subject: “We’re retired”
Anonymous wrote:
Just a reminder that wealth and income can be two very different things. We have never had a large income, but we were very lucky in picking out stocks decades ago and we are now wealthy. It took a while for those stocks to increase in value, so in our 30s we only had a few million.

We are not retired, but it's true that we don't take jobs to get a paycheck. We work on what we find interesting.




What are you working on?
Anonymous
Post 11/21/2025 21:09     Subject: “We’re retired”
Anonymous wrote:
Anonymous wrote:You’re not retired with elementary school aged kids. You’re a stay at home parent.


We are in our 30s with elementary school aged kids and we are retired.
We make money doing YouTube and tiktok videos.

Then you’re not retired. You’re still working if you have to make videos to earn money.