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One More Tale About a Crushed Hope

Roz

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This video popped in my feed today. Though it's almost a year old, I still felt like posting it here.

His ''hope'' to retire was beaten to death by the SCRIPT like that of millions before him.

It was painful for me to watch because of his smile.

He's smiling in the video but most people will not be able to see the anguish he feels everyday on his bed, in the silent moments before he closes his eyes to sleep, thinking what he did wrong and why his hope didn't come true. Those silent moments of desperation.




I feel we should buy more copies of UNSCRIPTED and TMF and give to as many people as we could. This is the gospel that many need to hear, read and live.
 

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Brian Suh

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This video popped in my feed today. Though it's almost a year old, I still felt like posting it here.

His ''hope'' to retire was beaten to death by the SCRIPT like that of millions before him.

It was painful for me to watch because of his smile.

He's smiling in the video but most people will not be able to see the anguish he feels everyday on his bed, in the silent moments before he closes his eyes to sleep, thinking what he did wrong and why his hope didn't come true. Those silent moments of desperation.




I feel we should buy more copies of UNSCRIPTED and TMF and give to as many people as we could. This is the gospel that many need to hear, read and live.
brooooooooooooo. This is like my greatest fear. Imagine...just imagine being a tiger in a zoo being treated like a kitten or a puppy then at the last month of your life you look outside seeing a tiger being majestic as F*ck in the jungle mating, eating whatever it wants, climbing cool trees, and realizing you threw that all away to be neutered, eating crap food, and being entertainment for stupid humans. This makes me sad thinking about it.
Just as we were aghast with slavery we will be aghast with zoos. It's messed up. F*ck humans lol.
 

Benji90

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Nov 3, 2019
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That's heartbreaking, 1 year short of retirement with a full pension? How are these companies allowed to forfeit their obligations to pay out what they owe is beyond me.

Every man for himself/herself, unfortunately the Coomers and many of their ilk were sold the dream only for it to be taken away when they're at deaths door.

I was always worried that I'm 29 years old and I may have started too late, that video just hits home that I have plenty of time to make things right.
 

Imgal

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I think this is going to become an increasingly growing issue with the entrepreneurial world too. There's still a large percentage doing the "entrepreneur" thing because it's the cool thing to do. This leads them to chase after the next cool thing that more often than not will have a limited life span and healthy bank balance.

This is most clearly seen by how hustling and suffering for your art has become something of a badge of honour. It might make for a good tale in your 20s and 30s but you're truly F*cking yourself over for when you hit old age.

It has taken me a LONG time to take my ego of running a business and being driven by what people will think of me (and how cool I am) and hit home what a disservice I was doing to my older self.

I truly think this is the most important lesson young entrepreneurs need to learn and the one that no-one really seems to be teaching
 

SteveO

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I feel we should buy more copies of UNSCRIPTED and TMF and give to as many people as we could. This is the gospel that many need to hear, read and live.
Unfortunately, giving people information will rarely lead to action. Unless they are seeking it.

I spent 19 years at HP. Left there before retirement. I am part of a facebook group for the HP retirees. There are discussions going around now about how HP may be bought out. So many are concerned about retirement benefits being yanked. I'm glad that my retirement is setup by me and not a company.
 
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IlseVdG

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I think this is going to become an increasingly growing issue with the entrepreneurial world too. There's still a large percentage doing the "entrepreneur" thing because it's the cool thing to do. This leads them to chase after the next cool thing that more often than not will have a limited life span and healthy bank balance.

This is most clearly seen by how hustling and suffering for your art has become something of a badge of honour. It might make for a good tale in your 20s and 30s but you're truly F*cking yourself over for when you hit old age.

It has taken me a LONG time to take my ego of running a business and being driven by what people will think of me (and how cool I am) and hit home what a disservice I was doing to my older self.

I truly think this is the most important lesson young entrepreneurs need to learn and the one that no-one really seems to be teaching
I so hear you. This ego thing... If I'm not careful, the same issues that I have with it at the JOB, will play out in my freelance work. I was so struggling, this weekend, with exactly this thing. Chasing around won't get me anywhere. Grounding and purpose is so important.

I'm not sure if that's something that you would want to do, or could do at this moment in your life, but if it would be: please share what you have learnt, in any way that you can. It's very important, as you said.
 

MJ DeMarco

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Touching and sad video.

Guy worked hard his entire life, was screwed by a big corporation (layoff 1 year before pension benefits) played by the rules given to him, and still can't make retirement happen. And his wife is sick with diabetes after decades of believing in the American diet with junk food on every street corner and on every grocery shelf. So now he has to work until death while they become wards of the health care system.

In other words, the Script worked to perfection.

And here's the amazing thing... we're in a 10 year bull market and people still can't retire.

What happened to trusty compound interest? Save $10 a month for 50 years and you'll have millions?

I guess REALITY is much different than MATH on a napkin.

Rats aren't meant to win rat races.
 

ZF Lee

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And here's the amazing thing... we're in a 10 year bull market and people still can't retire.
After seeing the rate cuts, plus the share buybacks spree, I'm left wondering if the bull market is truly legit or not, or just artificial.

I think this is going to become an increasingly growing issue with the entrepreneurial world too. There's still a large percentage doing the "entrepreneur" thing because it's the cool thing to do. This leads them to chase after the next cool thing that more often than not will have a limited life span and healthy bank balance.

This is most clearly seen by how hustling and suffering for your art has become something of a badge of honour. It might make for a good tale in your 20s and 30s but you're truly F*cking yourself over for when you hit old age.

It has taken me a LONG time to take my ego of running a business and being driven by what people will think of me (and how cool I am) and hit home what a disservice I was doing to my older self.

I truly think this is the most important lesson young entrepreneurs need to learn and the one that no-one really seems to be teaching
If one keeps blowing cash in the early years, how does he turn his attention to learn and master investing?

Investing is a whole different horse from entrepreneurship...I've taken to reading some stock reports from Seeking Alpha (also covers others like ETFs and bonds), and I realised the sheer amount of work and practice needed to not only maintain the principal, but also grow it consistently within a portfolio with decent risk-reward.

When the entrepreneur folks grow old, do they start learning about investing by then?
Won't it be too late?
Even the few successful businessmen in my life are trying to learn it up by going to seminars and stuff, but I somehow felt the learning curve was too sharp by then.
 

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MJ DeMarco

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After seeing the rate cuts, plus the share buybacks spree, I'm left wondering if the bull market is truly legit or not, or just artificial.
Artificial. Another bubble. Negative interest rates are causing money to pour into the US Market. Money is chasing a yield.
 

Champion

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Artificial. Another bubble. Negative interest rates are causing money to pour into the US Market. Money is chasing a yield.
Question is, what options do we have left, in order to just "Save" money?

Im currently investing as much of my monthly income into my business as I possibly can, but I still feel that I should put aside a certain percentage every month for emergencies.

Should I hold it in cash?

I already have more bitcoin than would traditionally "make sense" for a diversified portfolio and im currently not really in the mood to invest more into it, since im not really profitable on it.

Even though the money printing doesn't stop, cash still feels like the safe haven for emergencies.... do you have any ideas on this MJ?
 

socaldude

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Its difficult to name an exact cause because economics is so complex but its probably because of complacency and incorrect or unnecessary regulation on the part of our government. Paying attention to whats happening around us gives us a clue as to what is happening. Im an optimist but sadly i think as things get TOO scarce then more and more people will turn to socialism and government intervention. Its a failure to protect skilled labor to outsourcing.

I grew up in california and its a state that you are better off not even working and just living off of government hand outs, and its what most people do. Want to expand your voting block then just promise free hand outs.

Sadly its a catch-22 , things are tough because there are no good jobs then people turn to government for help then the government screws it up even more and the vicious cycle continues. classic misdiagnosis and misattribution of causes.
 

minivanman

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My friend' wife in Kansas City worked for a company and was less than 6 months away from retirement with full benefits and they 'let her go'. I think if I had worked that long at the same place and they did that to me, it would have been one of those postal moments because I wouldn't have cared. You would have seen me on the news.....
 

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