Early Retirement Extreme Forums

I’ve posted about this in the last thread...and some others. So this is kind of an update. The story so far is I rented for the last thirty years. I rented cheap places and put all my extra money into stocks. About fifteen years in something started to get obvious. Had I bought the average Silicon ...

In safe areas of northern Italy, if you’re willing to live in slowly depopulating towns, you can find decent stuff for as low as 25-30000€. You’d need to add around 50€/ month for all taxes. Electricity would be (depending on your consumption but assuming a fairly frugal lifestyle) somewhere betwee...

I was thinking of something, correct me if I'm wrong. It is not worth buying a house with cash, as that cash could be invested in obtaining a net annual ROI of at least 3%, then using this ROI to pay off the mortgage. This is very simple, even a child gets there, but since we had focused on the &quo...

Hi there.
How would be possible to measure how much 2k would be worth to pay dentist for aligners at 30 years old?

a "job" is not the issue? it is known that Japanese people, who retire at 65/70, continue to work, even if reducing the load, until their death. This is all that makes them appreciate their life. Some people and cultures of our world, infact, rather than starting to look for alternative wa...

What do I love?
What am I good at?
What can I be paid for?
What does the world need?

How to evaluate this concept in the ERE philosophy?


ps: I think I have the answer to the first three, but not the last one.

Why the US, and not other countries like Germany, France, Italy, UK, etc?

It's a pleasure to hear that this is an interesting topic, and everyone here is giving their idea about it. This discussion could bring up other debates, such as: - Now that AI has become part of daily life and that this very powerful tool is also appearing in the field of art, it seems like a dejav...

Is art good for anything? From 2015 to 2018 I was a full-time artist, draftsman and painter. I've made incredible progress that even I didn't expect from myself. I managed to get commissions and do some jobs, as well as being respected by many people. But then comes the point and you ask yourself: i...

Did wrote: ↑

Thu Jun 08, 2023 3:39 pm

Think your relationship with debt would be better if you earned more. Perhaps focus on acquiring useful skills to do that.

earn more = 12h a day of office job.
I could do it, 50k net a year, but I feel like it's not in my vein. Do you ever felt like it?

Hi there! Have you found any nutrition and fitness community which is not "inflated" by marketing and advertisment, and which respect the ERE lifestyle value? It would be so interesting to discuss about topics like nutrition, https://www.youtube.com/watch?v=wU6mKbnOPzI , fitness, and best ...

Northern Italy, once you have cash and income. https://forum.earlyretirementextreme.com/viewtopic.php?p=64930&hilit=Swiss#p64930 https://forum.earlyretirementextreme.com/viewtopic.php?p=157395&hilit=Seppia#p157395 Thanks! Interesting, which are the reasons to buy a cheap property in northen...

whats the *1.05 for?

The right one is the one you make yourself. This way you know how it works. To get started make simple a spreadsheet using e.g. google sheets. The columns are year, networth, earned income, passive income, expenses passive income(year) = networth(year)*0.03 networth(year+1) = networth(year)*1.05+ea...

chenda wrote: ↑

Mon Jun 05, 2023 4:34 am

I'd recommend reading @Jean and @Seppia's journals.

The tag didn't worked. Do you remember which is the topic title?

chenda wrote: ↑

Mon Jun 05, 2023 4:34 am

I'd also consider purchasing some cheap rural property for cash and refurbishing it.

When? Where?

The best solution as an individual is to build your own spreadsheet that evolves networth, expenses, taxes, and active/passive income year by year. You can expand on this as much as you want. I believe iDave has the most complicated/comprehensive version on the forum. It's better to have a simple v...

Hi. Thanks for your interest. I had a few other jobs in high school, college and just after college in areas that I thought might have been good fits, but were definitely not. I was part of a field research team in high school which was science focused and allowed me to work a lot in the wilderness...

social unrest or economic decline or effects of climate change that would make its location undesirable? This would be 80% of it Which what ? Whether you should or should not get a mortgage depends a lot on your circumstances, location, long term plans etc. Are we talking Florida or Northern Italy ...

What makes you reluctant? Is there an economic environment that would change those feelings? It's hard to provide an argument without understanding what you value. well, yes. Why do you want people to change your view ? You need to provide much more detail before anyone can give you useful advice h...

Hi there, some people, myself included, appear to be very anxious when it comes to having to take on the burden of a debt / mortgage, even if this concerns the primary asset, which is our house. I would therefore exclude any loans for 21st century toys such as (smartphones, cars, etc.) and keep the ...