breaking free.....

[nottyboi]

I'm getting to a financial point in my life that I can break free from the grind. It is really wearing on me these days.. some nights I go to bed hoping that I don't wake up. I am now looking at a net worth approaching 1M... and I was thinking of just selling my house.. buying a rental property and living in a smaller apt.. and fucking off. It's too unreal to consider yet it is in my grasp.. should I go for it? I feel I am slowly dying at my job... trading my life for pennies.... ARGH!!! Yet there is an open door and I feel like a pet bird in a cage with an open door.. do I dare to fly?...

 

[Hangman]

Maybe switch to decaff for a while?

 

[simon482]

sell it all and co live on a nice caribbean island and have fresh drinks, hot sun and slaves, lots of slaves.

 

[nottyboi]

Maybe switch to decaff for a while?

I don't think I can do my job without caffine... although I have had no coffee at all today...

 

[nottyboi]

sell it all and co live on a nice caribbean island and have fresh drinks, hot sun and slaves, lots of slaves.

Yes part of the plan includes spending my winters in South America banging nubile chicas..

 

[simon482]

Yes part of the plan includes spending my winters in South America banging nubile chicas..

go somewhere that has a ridiculous exchange rate and relax and enjoy what time you got left. a friend of mine's parents were loaded, they bought an island down there somewhere. best thing they ever did they keep telling me.

 

[Hangman]

Read this book, and the blog on his site. http://www.fourhourworkweek.com/

Maybe you'll find a way to get what you want from life without actually working. I've got a couple things in mind as little cash generators but I have not puloled the trigger on them yet.

 

[Terminator2000]

They should ban coffee in Canada. It is making us too productive.

 

[nottyboi]

I can buy a multiplex that will generate about 4.5K/month... I can like a king during the winters I would still want to spend some time here in the summer though... so I would have a small apt for that...

 

[fmahovalich]

I like your style nottyboi.

At I mil..I would be planning something different.


Selling a good option...unless you need the digs for entertaining and family.

But a low maintenance apartment both in Toronto, and costa rica is also a great plan.

Allows you mobility to try other parts of the world as well.


Let's see. Spend 1200 mth in Toronto.

14,400 a year.

Ten years for 150'000.

NO MORE TAXES....UTILITIES....TROUBLESOME BILLS..SHOVELING SNOW..REPLACING ROOF.

ALL YOU WORRY ABOUT A KEY FOR YOUR DOOR

 

[Carlyn Moore]

You create a great argument for renting, fmahovalich.

nottyboi - I'm supercurious to know what you're afraid of. If you're so unhappy in your current environment, why would you hesitate to change it?

Ie: Do it! Do it! Do it! Life is so fleeting, live NOW Fly little bird LOL

Alright, maybe I should cut down on the caffeine too...

I like your style nottyboi.


Let's see. Spend 1200 mth in Toronto.

14,400 a year.

Ten years for 150'000.

NO MORE TAXES....UTILITIES....TROUBLESOME BILLS..SHOVELING SNOW..REPLACING ROOF.

ALL YOU WORRY ABOUT A KEY FOR YOUR DOOR

 

[nottyboi]

You create a great argument for renting, fmahovalich.

nottyboi - I'm supercurious to know what you're afraid of. If you're so unhappy in your current environment, why would you hesitate to change it?

Ie: Do it! Do it! Do it! Life is so fleeting, live NOW Fly little bird LOL

Alright, maybe I should cut down on the caffeine too...

I am the proverbial frog in the boiling water

 

[simon482]

a guy i know bob, he has a trailer in emsdale, sells things called bangers. i won't go into the whole fucking story behind them but i will tell you he spends his summer in northern ontario selling his bangers for 4$ with a coke is 5$. then when it starts to get cold he takes what he has earned and fucks off to australia for a few months and does the same thing there. then he comes back for the summer. he has no stress or bills in his life and only cares if he makes enough to buy his plane ticket to and from each place.

a stress free life is a good life.

 

[fmahovalich]

Nottyboi....of course.....must allow for his entertainment budget.

Go into home inspections....do 4 or 5 a month....make enought for a flight....back and forth...


Then live off your million.

 

[JackBurton]

You gotta start working to live, instead of living to work. 1M is a nice nest egg. Go do something else somewhere, take a leave of absence and travel for 6 months to weigh your options. Otherwise you will just become more and more bitter.

 

[Buick Mackane]

Hang on to the house, make it work for you by renting out each room by the hour or day to escorts.

 

[LKD]

take a break... go travel around for a year or so. It might open up your mind on what you'd like to do next. Worst comes, find a better job you enjoy and don't have to put in so much hours in.. maybe a job that gives back to the community or something instead of working for that money hungry boss who doesn't appreciate your efforts.

 

[Kenny-sauga]

After 1M, isn't start of the 2M

South America sounds good. Far east may be worth looking far. Investing in a hobby that you like to keep you busy [we already know your hobby]. What you really need is a steady cash inflow withour eroding your net worth. Rentals are good idea. Have a look at REITs. I manage to get around 3K in dividends and trust payouts. Of course, each to its own. Getting a bigger rental building(s) in east end of GTA might be something to consider. A familty freind invest some money, and is getting a decent csh inflow from renting student housing. He quit is full time job to manage the rental units and so on. Again each to its own.

 

[pastor hyman]

I bailed on being a ''slave to the grind'' four years ago at the age of 44
(for many of the same reasons you mention)
I arranged for a guaranteed monthly income now my time is MY time.

I watched my father battle cancer , when he passed away i realized him having a million dollar++ net worth
did S.F.A to save him... I refuse to go out that way.
No more rush hours , running around to meeting, yes sir-no sir assholes to deal with EVER again.


''DO IT" :thumb:

 

[jimidean2011]

go for it!!! working is for chumps.