Subject
- #Stable Assets
- #FIRE Movement Regrets
- #Falling Asset Prices
- #Importance of Labor
- #FIRE Movement
Created: 2024-04-29
Created: 2024-04-29 14:14
Fire movement success hinges on preparation strategy
It's said that some individuals who embraced the FIRE movement are returning to the workforce.
1. Interest rate hikes due to inflation, leading to 2. Decreases in asset values including stocks, real estate, and cryptocurrencies
3. The renewed emphasis on the importance of labor, and 4. An increasing number of people are returning to companies due to regret over their FIRE decision.
This is the gist of the content.
Recently, an asset price surge trend unseen in the past has been consistently observed.
However, assuming that this upward trend will continue
is a premature judgment for declaring FIRE.
Since continuous growth in all assets is impossible,
the probability of success for those pursuing FIRE based on 'capital gains' assets is low.
On the other hand, when observing successful FIRE individuals around us,
many possess assets that generate stable income.
They all exude a sense of peace of mind and the leisure that comes with it.
(Perhaps due to the similarity in the aura of leisure, it's said they recognize each other.)
Resemblance
Easy to recognize when they look alike
They have no desire to return to the company.
If the FIRE individuals mentioned in the article had primarily focused on income-generating assets or
had transitioned their existing assets accordingly, they wouldn't have chosen to return to work.
Comments0