May 2018

I’m still going through a lot of stuff (doh!), and as I’ve mentioned in recent posts, there are still a buncha moving parts and things going on behind the scenes that need to be resolved before I can exit out of some terrible investments gone ummmm even more terribly wrong (lame sauce).

Anyway, as I work to navigate myself out of a very difficult situation (in other words, I will no doubt walk away losing a boatload of $$$), I’m gonna try and remain positive and focus on stuff that is not only fun (for a change), but also much, much, much more fulfilling. One can only stomach so much soul-sucking suckitude before you feel the need to turn the page and re-engage with stuff that actually makes you happy!

So, now is about the time I get back to writing the next issue of the Thank you Edition, which is episode #4.

Learn more about the Thank You Edition newsletter, here.

I’ll be sharing with readers some investment thoughts and a big picture update to my overall portfolio.

Will try and get the issue out before next week (hopefully).

 

Thank you all very much for your patience.

 

Cheers,

Jay

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Early FI is different for everyone… There’s no denying that… What works for one individual won’t necessarily appeal to the next person… I think that’s all fine and dandy, and just the way life works… Having said that, I think the most important thing any of us can do on a regular basis is to keep an [click to continue…]

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Early FI is the ultimate dream… It’s something that has universal appeal and everyone wants it…

But as the years go by, I’m learning and experiencing first-hand just how tough and arduous a task accomplishing that wonderful end goal is becoming…. Right now, I’m back in the Bay Area, and I’m astounded on a daily basis just trying to grasp how expensive everything has gotten in such a short period of time… You know, when I walked away from my job for good in early 2016, a six figure salary in the $130-150k/year range used to be pretty impressive…

These days?

I’m hearing on a regular basis from some of my former colleagues and friends that they are now pulling in [click to continue…]

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Screen Shot 2015-08-10 at 9.37.10 AM

A few years ago, I wrote a blog post titled — Converting Net Worth into Cash Flow. I think that article was somewhat controversial then, and perhaps it still is to a large degree today… The reason being? Well, when it comes right down to it, when we are talking about the subject of early FI, without question, the popular consensus and narrative out there across the blogosphere (and other media outlets) is that at the end of the day, cash flow reigns supreme…

Now, I’m not gonna go ahead [click to continue…]

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Crypto Market Update and Thoughts
Topics of discussion for the week ending in May 18, 2018:

NEO (NEO), Icon (ICX), Wanchain (WAN). General cryptocurrency thoughts.

Continue at Steemit

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Topics of discussion for the week ending in May 18, 2018:

Lithium mining stocks.

Continue at Steemit

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I’m Back!

by FI Fighter on May 18, 2018

in Blog Update, Financial Independence

I’m back! But in my case, I don’t just have “only one thing to say”…  Actually, I have many, many, many things to say and share with everyone…

All in due time.

Unfortunately, due to unresolved matters and current circumstances (that are ongoing still), out of respect for other people who are traversing through the same shitstorm as myself presently (yes, I’ve been away due to investing related deals gone awry) and for my own sake, I will refrain from revealing too much information just yet…

You win some, you lose some… That’s reality and life…

When you strike out big, sometimes you just need time away from everything to reflect and re-assess…

Over the last two months, I’ve had a lot of time for reflection, and I’ve had many epiphanies… What I’ve gone through and am still going through, it’s stuff you would never wish upon even your worst of enemies…

Losing even a little bit of money sucks ass… Losing a lot of money, man, words can’t even begin to explain the devastation…

 

As I’ve always alluded to on this blog:

 

“Human psychology and emotions are such that losing $10,000 will sting, hurt, and leave a much more profound impact than say making $50,000… For some people, you could even argue that you need to profit $100,000 in a separate trade to compensate for a $10,000 loss…

In other words, the other side of the trade of losing $1 is needing to make $5 (or more) to offset the severe burn of striking out…”

 

For myself, losing money investing is all part of the game, and I’ve been very open and public with many of my losses in the past (particularly pertaining to mining stocks)…

From 9/13/17.

That’s not an issue for me at all…

What does rattle my cage, though, is when I’m losing money hand over fist and I feel completely powerless and unable to rectify the situation… To be more succinct — It’s knowing that you’re being fucked over and realizing that you have no way of getting yourself out of the mess in a timely manner… at a minimal loss…

Worst yet, having to throw “good money” after bad… knowing that this wretched (and rekt) ship is going down like the Titanic and cannot be saved…

In the investing game, we call these investments gone terribly wrong “money pits”…

If early FI is the name of the game and ultimate end prize, these money pits, or landmines (as I prefer to call them) can set back your progress a good 5, 10 years… or more…

Just the thought of these fuck ups has kept me up many sleepless nights…

I’m not out of the woods yet, which is why I’m being entirely too vague…

But I will say I genuinely appreciate all the wonderful support I’ve received along the way these past few months as I’ve had to endure my own personal hell…

One day (hopefully soon), when the time is right, I plan to reveal to the world everything that went on… Like always, I’ll give it to you all straight up, raw, and with no sugarcoating… I have never been shy/embarrassed/ashamed to admit my faults, limitations, and most importantly investment fuck ups…

I prefer telling the truth.

Trust me when I say this — Although I’ve had relative success with investing through the years, my biggest mistakes (and lessons learned from them) are so much more valuable and informative to you readers than anything else I post on here…

 

In any case, I’m about done reflecting… and I realize there’s really nothing more that I can do to better the situation… It is what it is…

 

It’s about time I got back to doing things that I love… and blogging is definitely at/near the top of my list.

 

In a world where too many people expect/demand perfection from imperfect people, I’ll be the first to admit to you all:

 

I am a very flawed individual who has made many terrible decisions in life that I later regretted… Striking out repeatedly isn’t going to deter me to quit and give up on life.

 

I’m back!

 

And will keep on pressing on… cuz “sky’s the limit!”

 

Besides, I’ve missed you all…

 

Photo Credit: Clutch.hk

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