FatFIRE

Does anyone here follow the FatFIRE reddit group or generally subscribe to it? The idea is to live below your means and invest as much into the stock market as possible at a young age, allowing it to compound over 20-30 years. 


Anyone else trying this? 

 

Did you make this post asking if anyone else on this forum has $3MM at age 30? Because if that's the case, you won't be getting any responses here. 

People don't not have millions of dollars saved in their early 30s because they've made some sort of conscious decision not to...

 

That's the point. It's three groups: (1) tech bros that have already made their exits from businesses they started; (2) young IB VPs / Directors and PE VPs that have have shitty lives and live way below their means; and (3) trust fund babies. That's like 0.00000005% of the population.

This dude is posting as though the only reason someone wouldn't have $3MM by their early 30s is because they've made some sort of decision not to. 

That, coupled with the "I know, it's impressive" comment, leads me to believe this is a troll post and this person is just looking to stroke their own ego.

 

Yeah, we're talking liberal use of the term "early 30s" and somebody making Director by 31 that has the lifestyle of a hobo.

Or someone that has made massively irresponsible investing decisions that have paid off in our current clown market.

In any case, none of this is easily repeatable. 

 

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