Welcome,
I am so stoked to be starting this forum. I am working on a big post about all my personal finance wins over the years that I think would be helpful to share.
In the meantime, the description had a character limit. So here are some topic discussions
-Bitcoin financial planning -Budgeting methods and systems -FIRE -Cash flow -Identifying and avoiding sacred cows -Taxes -Deflationary lifestyles -Couples building businesses together -Land acquisition -Paying off debt -Cost benefit analysis -Insurance -Sats flow -Spot financial propaganda -Legacy planning and decision making -Skill acquisition -Starting/grow a business
Bitcoiner's offer useful and rare ways of thinking around the topic of money, it's time to start sharing in one unified place.
thanks for starting this one!
Heck yeah. I’m stoked!
Tongue-in-cheek comment incoming
From a personal finance perspective, is it a good idea to spend 100,000 sats per month on a SN territory? :)
When you make as much money as I do 100k sats is nothing and the value of building personal networks far exceeds 100k sats. Connections is the highest form of value so I’ll make this trade every day.
Well then.
Good on you, keep it up!
Hola me gustaria estar informada sobre el foro parece ser muy completo
boom, literally made a stacker news account for the first time because of this post
Welcome!!
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https://media.tenor.com/c9XMErGReIcAAAAM/bitcoin-crypto.gif
An important Forum/territory to engage with
That’s how big of a newb I was to Stacker. I didn’t even know they were called Territories instead of the traditional forums. I’ll have to change the description
Great forum that might liberate a lot of us here, so go ahead
What do you mean? From other forums that didn’t match?
liberate people knowing how to set up their personal finance
Let's do it! What are some of your PF wins? I live in the Boise area too.
I'm here for it.
Nice! Hopefully this will be open to discussions about traditional investing without being derided for being fiat mentality...
I'm open to traditional investing as long as it makes sense. I've been investing with https://gosteward.com/ and it's been a phenomenal experience.
As a realtor, do you believe in the housing market as a store of value?
I believe it has been a store of value the last 40 years but won’t be in the future.
I’d like to say because of Bitcoin but that isn’t the biggest reason in my opinion.
I believe real estate in the most broad way will continue to go sideways or trend upwards for the next 10 years. We still have a hoard of millennials to enter their peak buying years.
After 10-15 years from now I could see a complete collapse due to Boomers dying en masse.
People seem to think that the millennials will keep the boomer mansions, 2nd home, rental portfolio. I’ve personally never seen it. Me and all of my colleagues see the same exact thing. Parents die and they immediately want to liquidate any and all real estate for USD.
Hard to know so take my fun prediction with a grain of salt.
This is a great new territory. I'm excited to see what people contribute.
Thank you, I'm stoked!
Great topics!
Thank you!
Yeah I got some debt questions I am curious to see how SN would tackle it.
Make a post! That’s what this forum is for.
Nice territory to start!
Thank you. I'm so stoked!
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Easily done.
Hell yeah
Suggestions on avoiding capital gains tax definitely welcome....
Wife and i own house outright. No kids. Remaining liquid assets at current market value are 50% BTC and 50% traditional investments. Age, mid 40's. Very VERY small income, but don't really NEED to work from a financial point of view.
At the moment our plan is just to live in smaller income brackets to keep tax bill low. But, I mean, if BTC does what we all hope it does in next 20 years there might some rather painful capital gains. Or maybe we can live in BTC denominated economy in 20 years, but that seems a stretch.