Have you considered quitting your job and just trade your Vested stock/savings?

Microsoft uGtd78
Apr 3 13 Comments

Have any of you guys thought about just quitting your job and living off of income generated by your vest stock/savings? We get a decent amount and it seems like it's possible even with small percentage gains on w/e u are given.

What are your thoughts?

And if you trade, would love to hear your exp with it :)

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TOP 13 Comments
  • Tableau / Eng gg2020
    Look up FIRE
    Apr 3 2
    • Yup, this is the entire premise of FIRE, or for FAANG case... fatFIRE.
      Apr 3
    • OP just discovered FIRE. Let them be excited about it for a bit okay
      Apr 3
  • BlackRock xis
    If trading was an easy job that could generate >100K for a newbie everyone would be quitting after they had some savings.
    Especially since you are trading against the street. Even if you are right the market will force the position out of your hand, only the people that have guaranteed capital backing will be standing there.
    Apr 3 1
    • Envestnet pieter
      So many FIRE types have only ever known this 10-year bull market.
      Apr 3
  • Google KissMyPiss
    Uh yeah, a lot of us would still have mortgages to pay. I've seen/heard of a bunch of folks with 1M+ mortgages and they wouldn't be able to pay it off by quitting on a whim.
    Apr 3 2
    • Intel DonaldDD's
      Shackling yourself with living in a mortgage comes with pros and cons. It’s a very conscious decision
      Apr 4
    • Google KissMyPiss
      That most folks have already made. Unless you live in a LCOL area and make high TC, but I'd say that's the minority of us.
      Apr 4
  • Microsoft allthetime
    It's not as easy as you think. Also healthcare costs a lot. Better to stay employed for perks and benefits, devote minimal time to your day job and trade full time. Best of both worlds.
    Apr 3 2
    • Keep your income artificially low by using tax efficient investment principles and you’ll get good ACA subsidies. FIREing correctly requires some planning. Max those 401ks and IRAs first, folks!
      Apr 3
    • Tableau / Eng gg2020
      BaristaFIRE 👌
      Apr 3
  • Google / Eng yogi bear
    In the bull market many believe they are smartass investors. When the bear comes these dudes will know what's really going on.
    Apr 3 0
  • Addepar nAeb35
    What’s your return for past few months and years though?
    Apr 3 0

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