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FIRE Guy

@TheTrueFIREGuy

4,718
Followers
281
Following
311
Media
16,318
Statuses

Late 20s. Engineer, ex-CTO, the Financial Independence Retire Early Guy 🔥 Join me on my journey and follow for tips on how to retire early!

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Joined April 2022
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@TheTrueFIREGuy
FIRE Guy
4 months
@PicturesFoIder Nothing like TikTokers harassing minimum wage employees
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@TheTrueFIREGuy
FIRE Guy
10 months
@PicturesFoIder Kid dressed up as Harry Potter on Halloween. Someone reported he had a weapon, school went into lockdown. It was a plastic wand.
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@TheTrueFIREGuy
FIRE Guy
4 months
@PicturesFoIder Pretty sure that’s an everyone impossible challenge
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@TheTrueFIREGuy
FIRE Guy
5 months
@unusual_whales I’d be okay if they increased the salaries BUT then make any type of stock trading ILLEGAL for people holding public office. Long ETFs, mutual funds, bonds only.
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@TheTrueFIREGuy
FIRE Guy
7 months
@PicturesFoIder I’d 100% read dark mode books
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@TheTrueFIREGuy
FIRE Guy
3 months
You should never pay off a mortgage under 4% early. Full stop.
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@TheTrueFIREGuy
FIRE Guy
2 months
Here's the "Future of Finance" for ya 🤣 (this is real)
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@TheTrueFIREGuy
FIRE Guy
1 month
@unusual_whales That’s why government shouldn’t be a capital allocator
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@TheTrueFIREGuy
FIRE Guy
3 months
Don't mean to sound like a doomer but... Holding a healthy cash balance might be a good idea over the next 12-24 months 👀
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@TheTrueFIREGuy
FIRE Guy
7 months
@unusual_whales Definitely not real thing customers are saying
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@TheTrueFIREGuy
FIRE Guy
5 months
Hot take: Crypto is not useful for long term wealth creation or just anything in general I’m a software engineer who spends a lot of time in finance. I understand the technology. It has no practical application for most people, and likely won’t in the near term. Thoughts?
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@TheTrueFIREGuy
FIRE Guy
3 months
@unusual_whales Doesn’t make sense in the current day and age. It’s basically just look up the house you want to see on Zillow/Redfin and send it to your realtor…
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@TheTrueFIREGuy
FIRE Guy
2 months
Eating out regularly is probably the biggest waste of money. There's nothing wrong with going out once in a while, but more than 5 times a month... nah.
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@TheTrueFIREGuy
FIRE Guy
8 months
@KobeissiLetter 7. Government spending like we’re in a recession We live in truly unprecedented times
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@TheTrueFIREGuy
FIRE Guy
9 days
@KobeissiLetter We will remember this bubble for many moons to come.
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@TheTrueFIREGuy
FIRE Guy
5 months
@KobeissiLetter @elonmusk How can we possibly have any credibility if we decide to retroactively void contracts/deals/agreements from YEARS ago 🤔
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@TheTrueFIREGuy
FIRE Guy
4 months
@unusual_whales Somebody should make an ETF that just tracks Congressional stock traders. “Congressional Corruption ETF” seems fitting
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@TheTrueFIREGuy
FIRE Guy
3 months
The average monthly new car payment was $751 in January 2024. Not having a monthly car payment is a life hack.
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@TheTrueFIREGuy
FIRE Guy
8 months
@WallStreetSilv Turns out printing money and giving it away is bad
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@TheTrueFIREGuy
FIRE Guy
7 months
@unusual_whales Recession is imminent, we’re done. We had a good run guys.
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@TheTrueFIREGuy
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2 months
@unusual_whales Wow wallstreet committing fraud, crazy, wow, never saw this coming…
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@TheTrueFIREGuy
FIRE Guy
5 months
@unusual_whales Men gotta get out of the house, touch some grass and get a squad of boys going
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@TheTrueFIREGuy
FIRE Guy
3 months
A Roth IRA can make you a tax-free millionaire, but only 25 percent of US households have one. Here is everything you need to know about Roth IRAs:
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@TheTrueFIREGuy
FIRE Guy
6 months
I’ve heard of parents buying houses and either holding the mortgage and renting it to their kid or selling it at a discount to their kid Essentially wealthy parents are subsidizing housing to their kids… Have you heard of this? Wish my parents did that 😅
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@TheTrueFIREGuy
FIRE Guy
4 months
$100k in $VTI pays you $1420/year in dividends $100k in $BTC gives you daily anxiety and heart palpitations Pick your poison
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@TheTrueFIREGuy
FIRE Guy
7 months
@unusual_whales Managers who haven’t done any real actual work in decades blaming the younger generations, classic
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@TheTrueFIREGuy
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4 months
@unusual_whales These states really want Donald Trump to be the next president. What better way to rally the base behind him.
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@TheTrueFIREGuy
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1 year
@SpeakerMcCarthy Fear mongering the defaulting of the national debt is negative for America as a whole. What happened to Full Faith and Credit of the US?
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@TheTrueFIREGuy
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3 months
The fact that Bitcoin bros never say a single bad thing about Bitcoin is how you know it's a cult
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@TheTrueFIREGuy
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7 months
@unusual_whales Foolish. I need at least $1m/year just to be sad
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@TheTrueFIREGuy
FIRE Guy
5 months
@MarioNawfal Many Baby Boomers are too arrogant and entitled to think differently, ironically
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@TheTrueFIREGuy
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7 months
@PicturesFoIder So hard to watch Also no woman really wants to be hit on at the gym
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@TheTrueFIREGuy
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2 months
Bitcoin under $60,000... Haven't heard much from the crypto bros in a couple weeks...
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@TheTrueFIREGuy
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1 year
@unusual_whales How do I short New York State?
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@TheTrueFIREGuy
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6 months
@unusual_whales Make puts against US companies ILLEGAL for US CONGRESS MEMBERS
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@TheTrueFIREGuy
FIRE Guy
2 months
Do you think $3,000,000 is enough to retire on?
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@TheTrueFIREGuy
FIRE Guy
4 months
I’m going to accumulate an incredibly small position in $BTC I’m going to buy $5/day into the future, after a year, it still will be an inconsequential position. Will provide updates, hope you guys sell now cause it’s all down from here when I buy in!
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@TheTrueFIREGuy
FIRE Guy
4 months
$100k in $VTI pays you $1420/year in dividends $100k in $BTC gives you daily anxiety and heart palpitations Pick your poison
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@TheTrueFIREGuy
FIRE Guy
2 months
My wife and I spend ~$800/month on groceries... I can't imagine what it'd be if we had kids. Inflation is a killer, grow your income ASAP
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@TheTrueFIREGuy
FIRE Guy
9 months
I sold $20k worth of Tesla $TSLA shares in November 2019 to buy my first house. The shares would be worth over $250k today... What's your biggest financial regret?
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@TheTrueFIREGuy
FIRE Guy
4 months
I own $0 worth of crypto. I don’t plan on buying it any time soon (or ever?). Cash flowing assets are what I own.
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@TheTrueFIREGuy
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1 month
Berkshire Hathaway Annual Shareholder meeting is HUGE!
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@TheTrueFIREGuy
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16 days
It still blows my mind that people DON'T TAKE 401(K) matches in 2024... How??
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@TheTrueFIREGuy
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4 months
I’m a software engineer. Bitcoin (and other cryptocurrencies) have little to no technological value as-is. It’s not as revolutionary or innovative as many claim: It doesn’t solve any major problems that traditional software can’t solve. The crypto projects that popped up in
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@TheTrueFIREGuy
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4 months
@GuyDealership Price is actually 90% of what I care about. 10% is just having a nice, non pushy salesperson
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@TheTrueFIREGuy
FIRE Guy
2 months
@unusual_whales Anyone else completely disturbed? Or is it just me
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@TheTrueFIREGuy
FIRE Guy
3 months
@KobeissiLetter That’s my gripe with a lot of these metrics. They’re not accurate when they get dropped but sneakily get updated later when most aren’t paying attention. Thanks for pointing this out, it’s a huge difference.
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@TheTrueFIREGuy
FIRE Guy
7 months
I just sold 80% of my stocks this week. Why? I’m not trying to time the market, I’m consolidating from individual stocks to ETFs I want a more passive form of investing as I hustle at work and work on other side projects, don’t have time for stock analysis What about you?
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@TheTrueFIREGuy
FIRE Guy
6 months
@KobeissiLetter When are congress members going to have to disclose their trades of BTC 🤔
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@TheTrueFIREGuy
FIRE Guy
2 months
I’m receiving a $5800 tax refund. This is a bad thing. If you get a tax refund, you’re wasting so much opportunity.
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@TheTrueFIREGuy
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3 months
@unusual_whales As if housing inflation wasn’t bad enough, let’s further subsidize housing to pump the bubble!
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@TheTrueFIREGuy
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3 months
@BillAckman Makes total sense. We shouldn’t have to foot the bill for the worlds drug research alone
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@TheTrueFIREGuy
FIRE Guy
7 months
@KobeissiLetter It’s insane how much of a whirlwind this has been. One of the biggest acquisitions in history, essentially for free. I have a feeling the news isn’t over yet, maybe a regulator will have some input 🤔
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@TheTrueFIREGuy
FIRE Guy
7 months
@unusual_whales Glad we’re supporting the rise of a new autocrat 👍🏻
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@TheTrueFIREGuy
FIRE Guy
7 months
Should you: Invest in a Roth IRA OR A 401(k) with a 3% company match
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@TheTrueFIREGuy
FIRE Guy
10 months
Decided I’m going to buy 1 share of $SCHD (~$74) for every like on this post! 10 likes = $740 100 likes = $7400 I’m going to let this last one full week until next Friday at 12pm EST! Proof to follow. Have mercy but don’t hold back! #Dividends #PersonalFinance #Divtwit
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@TheTrueFIREGuy
FIRE Guy
3 months
Currently at the highest credit score of my life The grind to 850 continues 🙏🏻
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@TheTrueFIREGuy
FIRE Guy
5 months
@unusual_whales End all of the politics in education. Let’s make it about learning again.
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@TheTrueFIREGuy
FIRE Guy
8 months
@KobeissiLetter The year over year or month over month inflation numbers really hide the true impact. As it compounds against us, it really begins to add up quick Normal modest life is now expensive
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@TheTrueFIREGuy
FIRE Guy
4 months
@unusual_whales College was affordable for boomers by having a part time summer job. We are not the same.
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@TheTrueFIREGuy
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3 months
Honest question: Are realtors overpaid for what they do in the current day and age?
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@TheTrueFIREGuy
FIRE Guy
7 months
@VivekGRamaswamy @SenatorTimScott Funny how the republican debate is the most diverse group I’ve ever seen on the debate stage, yet the democrats just skip them all together
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@TheTrueFIREGuy
FIRE Guy
7 months
@KobeissiLetter Sounds like the Commercial Real Estate crisis is about to kick into high gear 👀
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@TheTrueFIREGuy
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6 months
@KobeissiLetter Keeping it pegged to USD in the meantime is better for them, but these are the prices you pay for unending printing of money
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@TheTrueFIREGuy
FIRE Guy
3 months
@KobeissiLetter @WholeMarsBlog Turns out nobody wants sub par EVs. Teslas only
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@TheTrueFIREGuy
FIRE Guy
5 months
Compound interest is CRAZY. If I don't contribute any more to my brokerage, retirement accounts, or savings I'll have ~$3.8m by 65. Time is on your side when you're young, start now.
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@TheTrueFIREGuy
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8 months
@unusual_whales They probably spent 200 million to get that 100 million
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@TheTrueFIREGuy
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6 months
@WallStreetSilv Okay and what currency could possibly replace the USD? 😂 Nothing within 30 years if not 50.
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@TheTrueFIREGuy
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1 month
@money_cruncher What if, and hear me out, no
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@TheTrueFIREGuy
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7 months
@unusual_whales By the numbers, they’ve had the most and easiest opportunity for success. Affordable homes, college, and life in general. Wages have not kept up with inflation of other things and so the younger generation has to earn more/longer to afford the same things despite higher
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@TheTrueFIREGuy
FIRE Guy
4 months
@KobeissiLetter Still waiting for an opportunity to buy in big. Kind of crazy but if we see big economic pain soon, he’ll be buying in droves for cheap
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@TheTrueFIREGuy
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12 days
@Rothmus "$100,00k" bro come on
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@TheTrueFIREGuy
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10 months
@unusual_whales Biden signed the original student loan bill to never have them forgiven or lost in bankruptcy in the 90s
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@TheTrueFIREGuy
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8 months
Average full-time childcare in the United States is $1,230 a month for a daycare center Kids are so expensive, how can people afford that?
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@TheTrueFIREGuy
FIRE Guy
7 months
Tax brackets just got an update for 2024! Here's the breakdown 💰:
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@TheTrueFIREGuy
FIRE Guy
3 months
Warren Buffet says that he wouldn't pay $25 for all of the Bitcoin $BTC in the world. According to him, it's rat poison that will almost certainly come to a bad ending. I agree, but am hedging my bet by maintaining a small allocation to it.
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@TheTrueFIREGuy
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2 months
The same people that do this will blame the system for why they can't get ahead financially
14% interest is insane 😭😭
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@TheTrueFIREGuy
FIRE Guy
7 months
@unusual_whales Make it illegal to short the US economy while you hold public office in the US
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@TheTrueFIREGuy
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8 months
@unusual_whales Weird coincidence between the geopolitical problems and these recent purchases 🤔
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@TheTrueFIREGuy
FIRE Guy
7 months
Every time I move I say: “next time we’re 100% using movers” and then the time comes and I’m like “ehhh I can do it myself and save $2k+” What do you guys do for moving?
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@TheTrueFIREGuy
FIRE Guy
1 year
@unusual_whales For people asking clarification: The fee always existed, they’re just tweaking it. They pushed the higher fico score fee up by .5% and lowered the lower fico score fee by 1% or 1.25% depending where you read the news
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@TheTrueFIREGuy
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10 months
@DecNFT @PicturesFoIder GIVE ME AN “A”, NOW!
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@TheTrueFIREGuy
FIRE Guy
9 months
@PicturesFoIder Instant karma
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@TheTrueFIREGuy
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9 months
@unusual_whales Remember when he went on tv as FTX was collapsing saying he didn’t think they were involved in fraud? Good times
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@TheTrueFIREGuy
FIRE Guy
2 months
@KobeissiLetter - says elite who is rich enough to not feel the effects of inflation
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@TheTrueFIREGuy
FIRE Guy
2 months
As soon as I get my $5800 tax refund, I will invest it immediately into one stock/ETF. What should I buy?
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@TheTrueFIREGuy
FIRE Guy
5 months
@MarioNawfal Private documents and information should not be able to be leaked without consequence, no matter who it is
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@TheTrueFIREGuy
FIRE Guy
8 months
My friend asked me recently: Do I pay off $5k of credit card debt and have no emergency fund or keep the emergency fund and deal with the interest? What would you tell them?
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@TheTrueFIREGuy
FIRE Guy
1 month
@KobeissiLetter Gives me The Big Short vibes for some reason
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@TheTrueFIREGuy
FIRE Guy
4 months
Heavily considering being transparent on 𝕏 with income, 401(k), IRA, etc. What do you guys think? Good idea or bad idea?
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@TheTrueFIREGuy
FIRE Guy
4 months
Super Bowl commercials were once the holy grail of marketing. What I want to know is, have you guys ever bought something as a result of a Super Bowl commercial?
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@TheTrueFIREGuy
FIRE Guy
9 months
@KobeissiLetter Guess I should have just invested in things I eat every week instead of the S&P500
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@TheTrueFIREGuy
FIRE Guy
6 months
@unusual_whales Good, let’s fund ourselves first.
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@TheTrueFIREGuy
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8 days
@unusual_whales They’ll probably just start halting again 🤣
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@TheTrueFIREGuy
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7 months
@unusual_whales Funny, they said that the last time but then everything was more stable than it is now 🤔
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@TheTrueFIREGuy
FIRE Guy
7 months
@unusual_whales Ahhhhh shoot, here we go again
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@TheTrueFIREGuy
FIRE Guy
1 month
@KobeissiLetter Lots of companies starting to feel the effects of slowing. If the govt wasn’t spending so much we’d likely already be in recession
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@TheTrueFIREGuy
FIRE Guy
2 months
My credit score is 826. Ask me anything 👇
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@TheTrueFIREGuy
FIRE Guy
2 months
@KobeissiLetter My bill is something like double what it was in 2018. Wild times.
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@TheTrueFIREGuy
FIRE Guy
7 months
@unusual_whales Something went down at OpenAI, we need to know. I suspect we will figure it out this week.
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@TheTrueFIREGuy
FIRE Guy
5 months
Why do crypto bros so aggressively insult/attack you when you provide any counterargument to Bitcoin/crypto?
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