For the financially independent among us

Other discussions not related to the Permanent Portfolio

Moderator: Global Moderator

What was the biggest factor in your achieving financial independence?

Poll runs till Fri Mar 14, 2059 3:49 pm

Business
11
44%
Salaried employment
14
56%
 
Total votes: 25
User avatar
Jan Van
Executive Member
Executive Member
Posts: 717
Joined: Thu Jun 17, 2010 5:42 am
Location: Charlotte, NC

Re: For the financially independent among us

Post by Jan Van »

Mountaineer wrote: You get to heaven not on what you do but on what you believe.
Ah, ok. So that's how suicide bombers get to heaven? They must have deep faith.
"Well, if you're gonna sin you might as well be original" -- Mike "The Cool-Person"
"Yeah, well, that’s just, like, your opinion, man" -- The Dude
User avatar
Mountaineer
Executive Member
Executive Member
Posts: 5066
Joined: Tue Feb 07, 2012 10:54 am

Re: For the financially independent among us

Post by Mountaineer »

Jan Van wrote:
Mountaineer wrote: You get to heaven not on what you do but on what you believe.
Ah, ok. So that's how suicide bombers get to heaven? They must have deep faith.
My bad.  I should have said I was speaking of Christians.  Those "homicide bombers" (please refer to them for what they really are, not what the media calls them) since most of them are not Christian are headed the other way .... Oh hell!  I should have been more specific.

... Mountaineer
Put not your trust in princes, nor in the son of man, in whom there is no help. Psalm 146:3
Libertarian666
Executive Member
Executive Member
Posts: 5994
Joined: Wed Dec 31, 1969 6:00 pm

Re: For the financially independent among us

Post by Libertarian666 »

I said "salaried employment" but actually it's neither: I achieved it primarily by outsized investment returns over the past 15 years.

I know that's supposed to be impossible, and of course there is an element of luck, the results being mostly attributable to over-allocation to a specific asset class. I'll let everyone guess which one that is.  ;D
barrett
Executive Member
Executive Member
Posts: 2027
Joined: Sat Jan 04, 2014 2:54 pm

Re: For the financially independent among us

Post by barrett »

techno, you investment animal! I don't think it's supposed to be impossible to accumulate most of your wealth through investing... it's just not something that folks should count on. I am curious if you are now following a proper PP or has your success made you feel that you can market time? Anyway, good for you!
Libertarian666
Executive Member
Executive Member
Posts: 5994
Joined: Wed Dec 31, 1969 6:00 pm

Re: For the financially independent among us

Post by Libertarian666 »

barrett wrote: techno, you investment animal! I don't think it's supposed to be impossible to accumulate most of your wealth through investing... it's just not something that folks should count on. I am curious if you are now following a proper PP or has your success made you feel that you can market time? Anyway, good for you!
Thanks! No, I'm still following my own path. So far, so good, although 2013 was pretty ugly!
User avatar
Pointedstick
Executive Member
Executive Member
Posts: 8883
Joined: Tue Apr 17, 2012 9:21 pm
Contact:

Re: For the financially independent among us

Post by Pointedstick »

barrett wrote: techno, you investment animal! I don't think it's supposed to be impossible to accumulate most of your wealth through investing... it's just not something that folks should count on. I am curious if you are now following a proper PP or has your success made you feel that you can market time? Anyway, good for you!
Hint: his portfolio starts with "G" and it's very old. ;)
Human behavior is economic behavior. The particulars may vary, but competition for limited resources remains a constant.
- CEO Nwabudike Morgan
Post Reply