[sysworld]

Yep this. Avoid lifestyle creep (when you get raises). Invest your money (e.g. world passive mutual fund, or VT ETF). Don't sell investments when the market crashes, just ride it out (assuming you bought diversified fund). Don't stock pick, it's largely gambling and 99% of people can't beat the market doing it. If you must stock pick, do at most, 5% of your investments. Avoid actively managed/high fee mutual funds/ETFs. Research clearly shows, long term they do worse then the market. (And if there is an active fund that does end up beating the market long term, you have no way of knowing which fund that would be ahead of time)

The Millionaire Next Door is a great book, and gives a good perspective on money.

If anyone here is interested, Google the FIRE movement (Financial Independence, Retire Early). Even just doing the first 2 letters, Financial Independence, would be huge, and give you way more flexibility.

When/if you retire early, keep doing things to keep your mind and body active. Most people who retire stop doing the things that kept them healthy, and there body deteriorates quickly (with xyz illnesses).

The sad true is that, for many, work forces them to do the basics to keep your body running ok.

[erxam]

But what's the point of it being long-term? I want fuck-off money right now. What's the point of having a bit of money when I'm old, can barely leave the house and everyone and everything I cared about is long gone?

Why do I want to have a million in the bank by age 70 if I'm going to kill myself by age 30-35?

[nick__m]

How old are you ? I used to espouse similar view but now that I am past 40, I regret not starting investing in my 20 and see myself living well into my 80's.

That punk-ish no future mentality usually dampen past 30-35!

[hunter-gatherer]

This is true. On the other hand, I've found myself lately starting to wane a little bit the other way. Let me explain. I'm doing ok, because I got involvednin the FIRE movement early and invested early. Now about to be 40, and having a couple kids, I've realized that so long as I have no debt and good security (enough to see my kids into adulthood) then what is the money for??? To be clear, I haven't started spending my retirement money yet, but I already know I'm never going to quit working. So.... I don't know, you know?

[account42]

I wonder if you'll view things differently again once you start deteriorating mentally and physically. Fact is that the median person does not live well into their 80s and many of those that do will be severely limited in what they can do during those final years.

[jodrellblank]

> "if I'm going to kill myself by age 30-35?"

Maybe you will. But probably whatever stopped you from doing it today and made you push it away for years will feel the same tomorrow, the same next year and at age 30 and 35, saying "if I'm going to kill myself by 40-45" and then "by 50-55".

Not always and not everyone, people do suicide, but consider there's 37 million people in poverty in the USA, 18 million with cancer, and a lot more with shit lives in various ways - chronic diseases, disabilities, lost loves, hopeless futures, victims of horrors - and out of that vast amount of misery the USA has "only" 50,000 suicides annually. Much less than I might guess from the numbers. Bodies are 4 billion years of survival machines and they don't quit easily and that includes mental trickery as well as physical resilience[1].

I thought I would commit suicide as a teen. I planned it and tried in my teens and twenties. I thought I would force it in my thirties. Did "it get better"? No not really, mildly worse in several ways. Is the world better for me staying around? No, not really. Did I discover a hope for a brighter future? Maybe[2] but not a strong one. Maybe I'm discovering a bit more selfishness and less obligation to do what other people demand.

The years are going by faster now and "the rest of my life" doesn't seem so long. Interesting ideas are still interesting, books are still readable, work is still available, death is coming whether we hurry it or fight it.

> "What's the point of having a bit of money when I'm old, can barely leave the house"

Pay for your healthcare so you can still leave the house, or pay for home help if you can't.

[1] https://www.youtube.com/watch?v=4q1dgn_C0AU - TED talk - The surprising science of happiness | Prof. Dan Gilbert, 2004

[2] https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu...

[tdhz77]

Take out your retirement early. Live on it for 5 years and then back to the grind for 5. Live your best life and die with zero not a million.

[greazy]

In that 5 years your industry would have left you behind :( unfortunately. Unless you do the type of job that allows this style of living but afaik, it's not tech.

[ryanlol]

I don't know. I just had a break for approx 3 years with very limited access to the internet. Absolutely nothing has changed. AI is now useful, but it doesn't operate differently than before.

[greazy]

Did you successfully get a job? That's the only metric that matters.

[ThrowawayR2]

That was great advice for the '00s and '10s but is absolutely insane advice in 2026.

[greazy]

My very good colleague who was absolutely brilliant statistician shared his wisdom: Max the now, min the future.

He focused on the present but hated work, it was utterly boring to him, even if objectively the work benefited humanity. One day he quit and never came back. He spent his time learning to dance salsa. He was in his mid to late twenties.

Of course he was an extreme case. But his zen is important to take and balance together with future planning.

I think you can do both, aim for fuck off money but put aside a little bit for the future.

Edit: if youre wondering what happend to him - he's studying electrical engineering because I suspect he's aiming to not be behind a desk.

[nntwozz]

70 is the new 30 didn't you get the memo?

[zozbot234]

> Yep this. Avoid lifestyle creep (when you get raises). Invest your money

This is great advice anyway, even if you were born poor/working class. With the added proviso that you should be paying down your debt, highest interest rate first, since that will have far higher returns than your average investment. Also make sure that you have enough liquid cash set aside that you'll be able to deal quickly and completely with any issues that might come up; this makes a significant difference to your ability to live and work stress-free.

[4ggr0]

> Invest your money (e.g. world passive mutual fund, or VT ETF).

i despise stock markets, investments etc., so i just kind of have accepted that i'll probably never grow my money passively. from time to time i stumble across advice like yours, talking about ETFs, and feel a bit left out again.

money just sits in my bank account with close to 0% interest. i know that ETFs would slowly generate more money, but i also know that my money would then be invested in a ton of companies i absolutely don't want to be a part of, even when considering that my sums would be a drop in an ocean.

[sandbach]

There are ETFs that specifically exclude companies with lots of negative externalities (no Exxon, etc.). The term to look for is "socially responsible".

E.g. https://www.ubs.com/uk/en/assetmanagement/funds/etf/lu062945...

[4ggr0]

a bit ironic to recommend a "socially responsible" ETF, managed by the one and only UBS.

but you're right, i forgot that my socially responsible bank claims to have socially responsible ETFs. i just hope that they are actually socially responsible, and not "socially responsible".

lots of things claim to be socially, ecologically or otherwise responsible, but that's exactly my issue. they're claims, most of the time just [insert color]washing.