Financial Independence Non-traditional LOW income/independence strategy |
- Non-traditional LOW income/independence strategy
- Emergencies really drive home the value of FIRE
- Best "free" money opportunities
- 100% TIPS might be the safest portfolio to sustain your SWR.
- Boarding School for My Daughter. College for My Son. Why Not Grad School for Me?
- How do you stay motivated after retirement?
- Daily FI discussion thread - March 21, 2019
- FDIC/SIPC insurance
- Too late to start?
- [mid 20’s, 20+ yr to FI] [US] Assuming your HSA is adequately funded for medical emergencies, would you rather put $7,000 per year into an HSA or a 401k?
- Where are you now, what is your goal, and how are you achieving that today?
- Is it possible to move to another state to avoid long term capital gains tax?
- What is Your Ratio of Cash to Investments to Retirement Accounts?
- Which FI/RE path to choose... Small business owner vs. corporate
- Feel-good FIRE anthems
- Are a lot of finance books outdated?
- How do you all resist the urge to splurge on things?
- Story about how I went from having no job, no education and in debt to financially independent in 7 years
- College Junior Struggling with Life Decision Stuff
| Non-traditional LOW income/independence strategy Posted: 21 Mar 2019 07:22 AM PDT EDIT 3 - I think this has moved well passed the point of on-topic advice about strategies and FI/investing and into the realm of "try X job" or "you made bad choices for this lifestyle, op!" - And it could probably do with a locking? Would love to keep it up and available though as i have saved a ton of very useful comments to peruse through in the coming days! Thanks again, all contributors! EDIT 2 - This has evolved. I can honestly state that I came here for some investment insights or help being pointed in the right direction to learn more, but it has taken on a form all its own. A few users mentioned it doesn't seem like it belongs. I think it did at first, but through the dialogues I have shared with the users perhaps not so much anymore. You have taken your time to break things down for me and be very specific while sometimes not holding back about your personal feelings toward my lifestyle. I mentioned in a comment that I view all feedback as constructive because to me, it is. I appreciate the tips and help and the personal anecdotes. Another user has mentioned that it seems the investment issues have been answered, and I agree. But I don't want this post to be removed by mods because I think it holds a lot of very valuable information about new/low-come trajectories that other users could find helpful. I know it helped me and has given me a ton of content to dive into over the next few days as I refine my strategies. From career advancement to personal advice to common-sense and cheers of encouragement; this has been a great experience. I have tried to respond to as many questions or comments as I could because I appreciate all the effort, but I likewise don't want to make the post seem spammie or hovering over someone else's valid questions or submissions. Thanks a ton to all who shared their opinions and advice with me. This is an amazing sub! Original: This is very different than most posts but nothing ventured.. The first bit of information: i make in one year what most posters seem to make in one month. I just did my taxes a bit ago and have added up my entire life's earnings. It is less than what a lot of you make "on the side". And i am well older than most. I'm 36 and i average about $14,000 USD per year. I have made $123,000 in lifetime earnings. I live in (at least pay taxes and on paper) the USA. My lifestyle is also vastly different than most. This is where i usually get ridiculed and verbally abused by inconsiderate x-uppers but the basics around my survival have been focused on experiencing life and the planet as much as possible. I have been homeless, and hungry. It has not always been a fun road. I WWOOF and couchsurf and volunteer in positions in places that provide me accommodation and food and have swung around the world on shoestring budgets in low-cost places for almost a decade. For most of the previous few, I was involved in adventure-tourism stints in Eastern Europe and the Balkans. I took tourists out camping and experiencing nature in exchange for a bunk in a basement and 2 square meals a day. I saved tip money/etc. I always save as much as possible - despite how little it is. Most of my income is generated in the summer months working educational exchanges and STEM camps around the US on case by case bases and earning around 7-10k in a few months. The rest i earn doing extremely random things that have zero stability or saving the scraps here and there. On average i am guessing i can save up/scrounge together about $200 in extra income per month from various jobs or day-labors. I currently have about $10,000 in cash spread out over a few bank accounts. I have no savings accounts or any investments. I have never contributed to a 401k or have any windfalls. I live out of a backpack, hold no property, do not own a vehicle, and my most expensive item i have ever owned has been whatever laptop or mobile phone i utilize. I have ~$60,000 in student debts that have been accumulating interest (they started around $40,000) but since i have never made enough to pay them back, they are currently on income-based resulting in zero monthly payments. I tried to break these down immediately after graduation and managed to dent them by $5,000 but it was ineffective and they still ballooned well past that within a few years. I have since abandoned ever being able to pay them off. I am only in year 3 of income-based. I will probably be looking at 17 more years of this lifestyle if i have any hope at all to see them gone. My degree has never resulted in anything positive, and i have abandoned that as well. Please don't assume i am lazy or a leech. I had submitted 1,873 job applications in 2 years. I tracked every single one, and wrote custom CV and covers for each. I could probably compile them into a compendium of failure but i have all documentation and saved rejection e-mail etc. It just never worked out. I'm not hurt about it. I just faced reality and had too much economic hardship so turned to my life on the go, for lack of a better phrase. I pay taxes. I do not use or abuse any services. I do not even have low-income healthcare. I utilize zero government services. Again, this is a serious post and not one to degrade those on less stable positions than yourself. That's the background and $ info. Here's my FI/RE question: I do not need much. If i could somehow generate about $500 in monthly income at some point that would place me in the FI department. I know i do not have near the capital to make that happen. So the issue here is that most posts concentrate on maximizing investments/etc. What can a polar opposite to the high-income/diverse-investment crowd in this sub do, to get to their place/version of what this sub is about? If anything - point me to resources, but again i searched and it doesn't seem to include someone like me. Much appreciated. [link] [comments]  |
| Emergencies really drive home the value of FIRE Posted: 21 Mar 2019 09:04 AM PDT We preparing for the impending death of a close relative, which we knew was coming, for a while now. Cancer. We have to travel far (a 33 hour flight with multiple connections) to make the final arrangements. Arranging the bereavement leave complicated by making arrangements in an emergency situation is such a stressor on top of everything else. Handing off projects, worrying about how this time off will affect the rest of the team, how you will be perceived by management, yada, yada. Both my spouse and I are lucky enough to have employers that allow bereavement time and are actually compassionate. But here I am, complaining anyway. The problem is compounded by the fact that we just got back recently from a week long vacation and then this happened. Complicating things further is I am scheduled for an important client meeting (travel involved) that will now have to be rescheduled. The optics of both these events is not really ideal. Ofcourse all this worry is in my own head. Sometimes I fantasize that if I was FIRE, this wouldn't even be a consideration, and we probably would've spent more time with that relative during their final days. [link] [comments]  |
| Best "free" money opportunities Posted: 21 Mar 2019 12:25 PM PDT I think the first opportunity that comes mind is credit card rewards and sign up bonuses. I know in the FIRE community travel rewards from credit cards is a prevalent example. I've also gotten a sign up bonus from a high interest online savings account. What other things have people done to get "free" money, regardless if it's similar or very different? [link] [comments]  |
| 100% TIPS might be the safest portfolio to sustain your SWR. Posted: 21 Mar 2019 06:31 AM PDT The Trinity study worked with a portfolio that was mostly stocks. So do most other studies cited by the FIRE community, such as the ERN guide. However, stocks are inherently risky, a risk which might be unnecessary when your only goal to draw a sustained fixed percentage of your assets - aka SWR. Indeed one of most interesting criticisms of the Trinity study is precisely that TIPS might be far better than stocks to sustain a healthy SWR:
I ran the numbers in Portfolio Visualizer, which I've used before and found to be more conservative than most other tools and studies common in the FIRE community, such as firecalc and ERN. I got 99.73% success rate over 30 years for 3% SWR. In comparison, a 100% total US stock market portfolio only had 93.77% at the same SWR. Then there's the psychological cost. The 100% stock portfolio will be far more volatile: -72.76% maximum 10th percentile drawdown in the 100% stock portfolio, compared to -48.29% in the 100% TIPS portfolio. The emotional effects will be even more pronounced, given the realities of stock market crashes. My reading of this data is that if securing your SWR is truly your only goal, a portfolio of 100% TIPS might be a far more reliable vehicle than a high-stock portfolio. High stock portfolios manifest high levels of risk that may simply be unnecessary for modest retirement goals such as sustaining an SWR over 30 years. Of course, you will not generate large profits with a 100% TIPS portfolio. So if your retirement goal is not only to sustain your SWR, but also to build wealth - for your successors, perhaps - then a high-stock portfolio may make more sense for you. [link] [comments]  |
| Boarding School for My Daughter. College for My Son. Why Not Grad School for Me? Posted: 21 Mar 2019 11:38 AM PDT My daughter will head off to a prep school next Fall. This is happening at more or less the same time my son is looking at university options; he is a high school junior. Between the two of them, I have visited three boarding schools and half-a-dozen universities, over the last six months. I want to go away to school too. What a fantastic lifestyle. I want to be FI, so I can go to classes and learn, become further enlightened on a topic that interests me, and share ideas and life with interesting people. My college education experience was fun, but the adage of education being wasted on the youth really rang true in my case. I never found a career grove that used my degree. The more I think about it, the more I know that this is a lifestyle that is extremely appealing to me. Simple housing. Cycling and walking to get around. Prepared meals in the food-courts. Occasional breaks for a vacation. A safe, calm, and diverse setting. What's not to like??? Years ago, when I asked a professor "what made you want to teach", he replied "why would anyone ever want to leave this place". Now, I get it. I just used a net price calculator for UNCW (they have a masters program that interests me). In several years, I'll have two kids in college (grants take this into consideration) and my FI income should be steady and accurately predicted. Net estimate for attending (including room and board) is under $17k. This does not appear to include medical insurance. But under $16k!!!! Are you kidding me??? Awesome. Hurdles: 1) move to the right state. In most US states, one can gain residency in a year. I could spend this in a coastFI job, and getting to know the area. 2) get accepted to the program. I think I've found my first FI gig, a masters degree, maybe more. I'd love to hear any stories of going back to school, as part of a FI strategy. Reasonably priced housing is available (think grad student housing). Reasonably priced meals plans are available. Reasonably priced medical insurance is available (US problem). [link] [comments]  |
| How do you stay motivated after retirement? Posted: 21 Mar 2019 04:35 AM PDT Suppose you're single and in your 40s, and you manage to retire early at a comfortable standard of living, how do you stay motivated to do things? Read, learn new hobbies, work out, start new projects, etc? There's always more time "later" and there's no boss looking over your shoulder to keep you on a deadline. How do you stay motivated and focused to grow and improve? [link] [comments]  |
| Daily FI discussion thread - March 21, 2019 Posted: 21 Mar 2019 01:06 AM PDT Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply! Have a look at the FAQ for this subreddit before posting to see if your question is frequently asked. Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. [link] [comments]  |
| Posted: 21 Mar 2019 12:09 PM PDT My portfolio is starting to creep up to the point where some Vanguard accounts will start to flirt with the SIPC/FDIC insurance numbers. What's the standard procedure here? For my normal brokerage account (the first one that'll cross 500k), do I just open up a new brokerage account under the same Vanguard login? I also have a solo-k (lightweight 401-k for small business owners). It'll take a few more years for that one to climb up to 500k, but when it does...do I open a new solo-k and stop contributing to the old one? And like, what about the value of the account growing (as we all hope an investment account will)! Easy enough to draw down with the normal brokerage account, but for the solo-k there's a tax penalty for taking money out early. So should you under-shoot the $500k insurance limit by however much you expect the account to grow before you start drawing? Curious about the same question on the FDIC / savings account side, though I don't see a reason to hold more than $250k in cash. Thanks! [link] [comments]  |
| Posted: 21 Mar 2019 04:37 PM PDT I graduated college at 21. I've been employed and makes decent money but I've been squandering it on bars and dating and going out. I'm turning 28. I'm single now and no kids, I've just got done traveling and about to start a new job soon, it's a corporate job, about 90k/year and I live alone. Rent is $1300 a month. I guess the only Thing that do that's good for saving is I practice Healthy eating and fasting so I only once a day and rarely go out for food . I smoke some pot and drink about 12 beers a week, and rarely go out anymore. Is to too late for me to start saving and working toward early retirement? I can't believe I been havnt been able to saved anything in 7 years. Where do I start to pinch the pennies? [link] [comments]  |
| Posted: 21 Mar 2019 03:52 PM PDT I've read on here that HSA's are excellent accounts for retirement but I'm failing to see why they are better than a 401k aside from being able to use them to pay for medical expenses before you retire. The way I see it, a 401k enables you to convert your money through a Roth ladder whenever you want whereas your HSA money is off limits until you hit 65. That is awfully close to RMD age and it will increase your tax burden substantially when combined with social security income. If your HSA is funded enough for comfort, why would you contribute to it before maxing out your 401k contributions? [link] [comments]  |
| Where are you now, what is your goal, and how are you achieving that today? Posted: 21 Mar 2019 09:41 AM PDT I went through a year of speculative trading, hoping to strike it rich and basically came out flat to slightly negative for the year. This was not the greatest feeling. I realized I was doing this because 1) I have an addictive personality so gambling easily hooked me 2) I wasn't getting enough fulfillment at work or life so that was why I was engaging in such risky activity. — So this year I had to sit down and evaluate things. I think it turns out that I may want to have a few small retirements where I get to experience the world. The boat guy from yesterday really resonated with me. So in order to achieve that I realized I needed to save more money AND/OR gain new income while not engaging in financially destructive activities. My savings rate is about 30% right now and I work a middle class job in tech (75k/yr). I'm 28 and at around 60k in savings, with 40k of that in a condo. — I bought the condo with my ex and we split up so I've been paying pretty high living expenses for a while. So first thing I did was look for a roommate so I could push these expenses down to like 20% of my income. Now that I was technically a live in landlord I was able to apply for a business card which had some travel promos attached to it. 3% cash back on travel too. So traveling to my brothers wedding this summer may be covered ($800-1000). It turns out, I was able to channel that gambling energy in this frugal stuff pretty well. Now I'm inspired to come up with more business ideas. The future is looking a little brighter. [link] [comments]  |
| Is it possible to move to another state to avoid long term capital gains tax? Posted: 21 Mar 2019 07:12 AM PDT For example, if I lived in New York for 25 years, while investing in VTSAX the whole time, then move to Florida for a year and start selling 30K worth of capital gains every year, would I have to pay any tax in New York since thats where I purchased the index fund in? If so, what really qualifies as being a resident in another state? Do I need property or can I rent there? Can I go back to New York? Is there a blog or post that covers this in detail? I am really interested. [link] [comments]  |
| What is Your Ratio of Cash to Investments to Retirement Accounts? Posted: 21 Mar 2019 09:52 AM PDT A few weeks ago I posted that I'm in a 'dilemma' of prioritizing saving for a down payment for a home in 3 more years, for which I've been saving for ~5 years to date thus far. Since I've started working full time (summer 2014) I've only been saving cash and setting a % of my income against retirement accounts. So right now my breakdown looks like this:
The down payment range for homes that I truly want is about $100k-150k. I've really had tunnel vision on saving for this down payment over the last 5 years which resulted in my neglecting contributions to investments. Assuming everything goes 'business as usual,' I'll definitely be able to save up for a down payment well within the next 3 years. However, I'm now at a point where I just feel icky about not having any money behind investments. I'm 26, so I know in terms of compounding returns, time is still on my side, but I'm aware that I've missed out on some pretty strong returns by not investing over the last 5 years or so. I want to be proactive about investing moving forward, so I have two questions that I'm hoping you guys can answer that will help give me some perspective and guidance:
Thanks FIRE gang - really looking forward to the responses! [link] [comments]  |
| Which FI/RE path to choose... Small business owner vs. corporate Posted: 21 Mar 2019 10:42 AM PDT I'm in a very unique position where I have two different, amazing opportunities that can both lead me to FI/RE and don't know where to start on making my decision. I'd love advice from more experienced FI/RE folks about what questions to ask while making my decision. I (28 yo) quit my corporate banking job to work for my parents financial coaching and tax firm (approx 5 employees). My mother's been running the business for 10 years and I am her succession/retirement plan. I expect I'll have equity next year and we'll transition my mother out in approx 5 years. I absolutely love helping people stop stressing about their money and start living their life. I have massive flexibility and could easily make the company 100% virtual giving me the chance to travel the world with a steady income stream. I was recently headhunted by a massive software company to help bridge the gap between the engineers and corporate customer on the build team for the CRM the bank I worked for uses (my experience is quite operations heavy and it would be a perfect fit for me). I'm currently in the interview process so nothing is solid but I need to start asking more questions. Working at this company would give me health insurance (currently paying $300/mo through ACA exchange for catastrophic care which is is awful), excellent retirement savings (currently have 3% SIMPLE IRA match) and stock opportunities. How do I decide between the corporate, investment driven FI/RE opportunity vs the Small Business owner, master-of-my-own destiny FI/RE path? What should I ask during the interview process to help me decide? Thank you all in advance for lending your wisdom! [link] [comments]  |
| Posted: 21 Mar 2019 11:03 AM PDT I randomly found myself listening to Sheryl Crow's All I Wanna Do, the opening lyric of which is "All I wanna do is have a little fun before I die." It's not right on the nose, but the rest of the lyrics feel a bit like a FIRE anthem, decrying the rat race and celebrating the desire to enjoy life (though with maybe a little too much day drinking!). It made me feel good about my life choices. There must be other FIRE anthems. Do y'all have any ideas? [link] [comments]  |
| Are a lot of finance books outdated? Posted: 21 Mar 2019 06:09 AM PDT A lot of the largest finance books were written in the 90s like Millionaire Next Door or Rich Dad Poor Dad. They have the same underlying tropes which are, "being an employee is bad, become a business owner and invest in real estate" and Robert Kiyosaki can't get enough of bashing college degrees. It seems this entire premise is completely outdated. People need a college degree to make a decent living and have enough to invest these days and starting a business requires money in the first place. Businesses aren't guarantee to succeed. Also, real estate is extremely expensive in most places and much more complicated compared to index funds. I don't think we should be taking these finance books that were written in the pre 2010 seriously anymore. We live in much different times. [link] [comments]  |
| How do you all resist the urge to splurge on things? Posted: 21 Mar 2019 09:23 AM PDT I've always wanted a Tahoe. They're beautiful cars. I can afford a Tahoe. I'm assuming most of you can as well, so how do you treat yourself without going overboard and doing something stupid like buying a $60k gas-guzzling SUV? [link] [comments]  |
| Posted: 21 Mar 2019 01:33 PM PDT In the summer of 2010 I was in my early 20s, took a year off from school and tried working on a business with a friend in the IT field, but the business failed. I was studying Computer Science in college, but was not doing too well. I had my credit cards maxed out at about 20k in debt due to irresponsible spending. I made some money in the past because I worked in the summer in an IT job thanks to a connection, but that opportunity went away. I was living with my parents and wanted ANY job - I was desperate. I tried to get a job at the mall in a clothing store, so I walked around handing out my resume, but failed the interviews. I even interviewed at McDonalds, but they didn't take me. I felt like a loser. In the fall of 2010 I hit rock bottom and decided to turn things around. I quit smoking and started taking my school seriously, because I realized that it's my only way out of the mess I was in. I realized that succeeding in business (like Bill Gates) is super hard and started doing pretty well in Computer Science. Later that year I got a job in an electronics store for a few months, at which point I was happy. Later on, I got a part time job in a field related to IT to support myself. I graduated with debt in 2013 and got an entry level IT job in the city where I grew up, making around 50k a year. I was so happy when I got the offer, but later on I found the job to be boring. My dream was to get into Silicon Valley, so I started learning more about coding and practicing for coding interviews. I was still living with my parents and was slowly paying off my credit cards and student debts. In early 2014, I interviewed at 2 companies in Silicon Valley and one of them gave me an offer. The salary and stocks offer was much better than I could have dreamed of, including a good signing bonus. That was one of the best days of my life. I moved and started working. I was saving up most of my money and paying off my debts aggressively. Then, in the winter of 2015, I came across this video on Reddit about Bitcoin. It made an impression on me and I became very curious: what are all those those machines doing? I heard the word Bitcoin before, but had no idea what it was and decided to look into it seriously. I found a great introduction on Khan Academy (which I already used when I was in school and respected it). I was blown away ... wow that's so clever, I thought. I immediately bought this audiobook, which was recently released at the time and listened to the whole thing in just a few days. I loved the book and learned so much from it: the history of Bitcoin and it discussed things like "why is money valuable at all?". I was also randomly browsing Wikipedia around this time and came across this page from 2015. I briefly researched the top projects on that page, but what got me interested was item #2: Ethereum. I started researching it on youtube. I found these videos https://youtu.be/l9dpjN3Mwps and https://youtu.be/fbEtivJIfIU and they made SO MUCH sense to me. I also read the white paper like 5 times becoming more and more impressed every time I read it. I became depressed when I realized that I missed the crowdsale in 2014 and there was no way to invest at that point. I thought that my chance to acquire ETH at a good price was gone forever. I was sure that after it is released the price will be much higher than the crowdsale price of 30 cents per ETH. My thinking at the time was that Ethereum is at least 10 times better than Bitcoin in every possible way and if Bitcoin market cap was a few billion, then ETH should at least match that. When Ethereum was released in the summer, I started buying it. My debts were paid off by this point thanks to a high salary. The initial price was around $3, but was quickly falling. I was praying that the price falls more and more. The price dropped to below a dollar and I put all of my net worth into it because I thought it was an unbelievable bargain. Every extra penny I had I would put into ETH. I ended up investing around 30k. To me it was so obvious that it is much more valuable than $1 and that people were completely out of their minds for selling it for so low. It felt like people are selling gold bars for a dollar. Bitcoin market cap was a few billion, but Ethereum was something like 50 million AND it is better than Bitcoin in every way by at least 10x I kept telling myself. I remember predicting to people that it will go up 1000x in 10 years. I was talking to some friends about it at the time, but none of them bought as far as I know (until much later). The price jumped to about $10 in the spring of 2016. I didn't even think about selling. I held through the DAO hack and DDOS attacks, when the price dropped by more than half. I actually felt that these things are good for the system because it's antifragile. In early 2017 the price jumped from $10 to around $30 and I was officially a millionaire. Was I thinking about selling at this point? Hell no, it's still undervalued! It went to 400, then dropped to 180, slashing my net worth in half and I lost like 10 million on the way down. I still felt it was undervalued at this point. It was kind of crazy: eating lunch with my coworkers, then checking the price and realizing I lost like 1 million in the past hour. And then going to meetings, discussing some bugs or features with my teammates at work. I did not participate in any ICOs because I felt they were not a good value and if some ICO succeeds, it would be good for Ethereum anyways. I think I'm a pretty unusual crypto investor: I don't hold any Bitcoins, only ETH and no other tokens. I only used BTC in order to buy ETH in 2015, and converted all of them to ETH ASAP. I remember a friend asking "what is so good about Bitcoin? Is there anything I can buy with Bitcoin, that you can't with dollars". I jokingly answered ETH. I didn't sell a single ETH until the price hit about $500 in the fall of 2017. At every point before $500, I thought that it was still extremely undervalued. I started selling to diversify. I ended up selling on the way up to $1400 and continued selling until it went down to about $600. I cashed out a few million dollars, about 20% of my holdings. I actually didn't feel great selling, because I still felt that the assets are still more valuable than what I'm getting for them. After paying taxes, I diversified into stocks and bonds. According to my calculations, I can live comfortably for the rest of my life without working or selling a single ETH again. I quit my job in 2018 and traveled around the world for many months. I think to myself, did I get lucky? Or am I some kind of investment genius and maybe I should go into angel investing? I looked around for some investment opportunities, but nothing comes close to how I felt about ETH in 2015. Back then it felt to me extremely obvious that this thing is extremely undervalued. I never got that feeling about any other investment since, even though I looked, so I never invested in anything else. I still find it surprising that people were willing to sell ETH for under a dollar just a few years ago. [link] [comments]  |
| College Junior Struggling with Life Decision Stuff Posted: 21 Mar 2019 08:02 AM PDT I love the idea of financial independence as a means of having control over my life. I think it will help other people. My plan is to gain financial independence by acquiring houses in my hometown and be able to completely focus on my desire to help people and advance the field of chemistry by the age of 33. I am a big fan of Brandon Turner's "House Hack" strategy, especially for my first home. I have a draft of a plan that will allow me to acquire houses in my area with a low paying job. I have read at least 20 business related books in the past year, so I believe in this strategy and intend to follow through. However, not everyone shares my enthusiasm for the strategy. My major is a non-pre Med, biochemistry path, and everyone says I won't make much money doing research. I want to own properties on the side and eventually use the equity from them, combined with my knowledge of chemistry, to help advance the field. The problem is, chemistry and real estate are a little like oil and water to most people. It seems like everyone I talk to feels like they can't be mixed! It's troubling having nobody to talk to about this. And also, How can I stay focused on my studies when I feel like it's the real estate that's really gunna be the biggest thing that enables me to make a difference in biochemistry field? My GPA is well below what I feel it should be, and I probably won't graduate in 4 years (there are a lot of requirements for biochemistry and i started late, I'm in the later middle classes right now) . I know I will take a break from school and hopefully work a job as a low-salary lab assistant, but I am unsure weather I should say "screw chemistry" at this point and only focus on real estate. I chose chemstry because I thought I could change the world with it, but I now feel money could do that better if I directed it properly. I could get a masters in real estate finance with my degree, and I am seriously considering it. It's not that I can't do chemistry, but I wonder what path I should take! I may need some advice. What do y'all think of my situation? [link] [comments]  |
| You are subscribed to email updates from financial independence / early retirement. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment