Home › Forums › MGTOW Central › Advice for YOUNG MGTOWS
This topic contains 47 replies, has 28 voices, and was last updated by 
the road 3 years, 10 months ago.
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Ok man 25 years old here.
Don’t ever live with a woman (did that for 3 years)
Never trust a woman
Love is just your brain releasing chemicals, it’s fake
Don’t get married
Investment in yourself
Invest in silver / gold
Stay out of debt
Live modestly
Live for yourselfLearn from all these guys on this website and learn from the wise and you will be just fine.
why do you think “”a mortgage is worth getting into debt for.””
in my opinion, large debts reduce personal freedom.
If you find yourself in a stable job you plan on holding on to long term, buy a primary residence.
I bought a condo about 10 years ago. In order for me to live here, mortgage, taxes, condo fees, it cost about 700 a month at the time. Renting also cost about 700 a month.
Fast forward about 7 years…I did a refi to a lower rate and shorter term…I’m now paying about 650 a month at this point, rents are up to about 800.
Fast forward a few more. Mortgage is payed off…I’m living here for 350 a month. Rents up to 900 a month.
Bottom line is mortgages end when you pay them off, you can never pay off rent. Mortgages build equity that increases your net worth, rent is just going to increase the net worth of someone else. Next year I’ll save about 6600 dollars vs if I was renting in the same building, and I’ve also built up about 50k worth of equity while renters have none. Maybe you feel like you “lost your freedom” for a few years knowing that mortgage is hanging over your head, but ultimately renting is still hanging an invisible debt over your head, is ignorance going to make you feel better about it because you don’t see your ever increasing balance on a monthly statement? Unless you want to live on the street you are going to have to pay to live somewhere, when there is an obvious better choice why not make it?
@beer I also have a condo as well. Have owned it for about a year now. As much as I hate debt, it’s the only logical thing to do in my eyes.. Rent in my area is actually a tad higher. I pay about right at 900 a month. I have the same reduced freedom as I had when I lived in a apt, the bill never went away.
@beer I also have a condo as well. Have owned it for about a year now. As much as I hate debt, it’s the only logical thing to do in my eyes.. Rent in my area is actually a tad higher. I pay about right at 900 a month. I have the same reduced freedom as I had when I lived in a apt, the bill never went away.
Wise decision. I bought at 22 and have never regretted it. The longer you live there the more it works out in your favor!
@op – You will stumble upon a lot of people that will tell you owning a primary residence is a missed opportunity cost vs putting that money in the stock market and getting a better return. People love saying the average yearly return in the market is 8-10%, where as real estate appreciation is historically around 2-3%, which is true, but what all these people fail to recognize…
You will not be buying a place with a lump sum, you will be buying with a down payment. Yes…200k in the market will get you a better return than a 200k house, but chances are you will only have 30k. You can throw that in the market, make 10%(3k), and pay rent, that is a 100% loss, or you could use that 30k for a down payment on a 200k house. If it appreciates 3% it is on the full 200k value of the house, not the down payment, so you would have “gained” 6k in house value…plus your mortgage payments would be building equity, plus you will gain a little in your tax return from writing off mortgage interest, taxes etc.(rent doesn’t earn you any tax write offs!)
I’ve heard the advice from many people that being a lifelong renter and throwing extra money in the market is superior for building wealth, but the sad truth is everyone who has ever given me this advice wasn’t throwing their perceived savings in the market, they just convinced themselves that bulls~~~ was true so they didn’t have to bother saving up for a down payment when that money could be better spent on a vacation or new car.
I like this discussion on buying vs. renting. Since everyone here is supporting buying, I’m going to play the Devil’s advocate and support renting.
This is a fantastic article on why a house is not a good investment, but instead is a liability: http://jlcollinsnh.com/2013/05/29/why-your-house-is-a-terrible-investment/
I live in canada and I feel like there is a housing bubble here. houses are too expensive, and banks make lots of money from mortgage interests.
MGTOW is not a movement, it is a way of life.
The three most important things to remember about real estate are location, location, location.
Similarly, the question of whether you should rent or buy depends on location.
Buying a house or condo in a price inflated market is a bad idea. Buying a house or condo in a depressed market is a great idea. Whether the market is price inflated or depressed depends on it’s location.
Buy a duplex, live in one half, rent the other, and let your renters pay your mortgage. That will work IF you don’t buy the duplex at an inflated price and IF the rental market stays strong. Pay too much and/or be unable to rent for enough and your investment will fail.
Location, location, location. Whether you should rent or buy depends on where you want to rent or buy.
Do not date. Do not impregnate. Do not co-habitate. Above all, do not marry. Reclaim and never again surrender your personal sovereignty.
If you haven’t yet, get started on solid, straightforward answers to the following questions:
1. Who am i?
2. What do i want?The second’s easier to start on than the first, the answers overall will change over time, and it’s possible you’ll never fully answer either of them. This is good – it means your path of self-improvement is never ending. Always have a list of priorities of things you want to change about yourself – either working out more, or developing your emotional intelligence, or learning better how to read people’s facial expressions, or learn a new skills, or be more comfortable speaking in public, whatever.
Extremely rare is the man who takes self-improvement seriously. These men are invaluable mentors and/or friends.
Anonymous26MgtowUnited…. we’re in the same neck of the woods here, and I’ve own since 2002. I was in a condo in “Whorleans”, and now in am a house north of “Kattown” (Constance B) out in the sticks and I commute to Preston.
The condo had it’s advantages where there was no maintenance or upkeep involved, the downside was…. the condo board was incompetent. The house in the country is great, but there are added costs (both monetarily and time wize), I’ve got tons of repairs to do, and if anything major fails and needs repairing…. am screwed.
Mind you in time things will get down while my mortgage gets paid down and my property is still an asset.
Shop around for a mortgage, and I would even suggest looking into using a mortgage broker….especially one who gets their commission from the lender and not you the buyer.
If you haven’t yet, get started on solid, straightforward answers to the following questions:
1. Who am i?
2. What do i want?The second’s easier to start on than the first, the answers overall will change over time, and it’s possible you’ll never fully answer either of them. This is good – it means your path of self-improvement is never ending. Always have a list of priorities of things you want to change about yourself – either working out more, or developing your emotional intelligence, or learning better how to read people’s facial expressions, or learn a new skills, or be more comfortable speaking in public, whatever.
Extremely rare is the man who takes self-improvement seriously. These men are invaluable mentors and/or friends.
self improvement is definately very important.
How would you answer “who am I” without also answering “”what do i want””? people often describe who they are by what they want in life. for example, I want to help others, I want to stay active, I want to be happy, I want to be a kind person……….etc.MGTOW is not a movement, it is a way of life.
I like this discussion on buying vs. renting. Since everyone here is supporting buying, I’m going to play the Devil’s advocate and support renting.
This is a fantastic article on why a house is not a good investment, but instead is a liability: http://jlcollinsnh.com/2013/05/29/why-your-house-is-a-terrible-investment/
.
I was reading through this just to see what they had to say in favor of rent, and one of the links I clicked on, the guy is such a ridiculous idiot…
http://affordanything.com/2015/11/24/is-renting-better-than-buying-should-i-rent-or-buy/
He tries to pick apart the following 3 pro owning arguments
#1: Rent is an expense. Mortgages build equity.
#2: Rent is forever. Mortgages end.
#3: Renters don’t benefit from rising home values. Homeowners do.
But how does he go about it? Its just bad.
He claims that yes, you build equity, but you are also paying interest, taxes, and insurance. His claim, “During the first year, roughly 83 cents of every dollar goes towards interest, taxes and insurance (ITI) in this example.” (PITI = principal, interest, taxes, insurance) You see, the issue with this argument, is even during the first year when you are paying the most interest, 17 cents on the dollar is going towards the principal, or in other words building equity. How the hell is renting better when none of it goes towards building equity?
He also does a pretty in depth analysis of renting vs buying. He assumes two people save 102,500 dollars. One uses it for a down payment on a 465,000 dollar house, and the other rents something similar for 2,500 a month. My initial thought was, where the hell can you rent a half million dollar house for 2500 a month? Seemed a bit low to me…after taxes, insurance, and maintenance whoever was renting it out would be mighty generous for giving it away with practically no profit margin…6.4% at best. It got even worse when a few sentences later he claimed the owner had 300 dollars a month HOA fees. If the renter lived in the same area she’d have them as well…so what out of that 2500 in rent 300 a month was going right for HOA fees? That would push the profit margin down to 5.8%. He also claimed the buyer paid 85 a month for water/sewer/trash while the renter got it free. Let’s push that profit margin down to 5.6%.
Anyways moving on…he then mentions that the owner gets some tax deductions. He places them both in the 20% marginal tax bracket. Here in the states, we don’t have a 20% marginal tax bracket, but at 37,451 dollars you would be in the 25% marginal tax bracket. I would really like to know, how would someone theoretically making less than 37k a year affording 30k a year in rent, or a half million dollar house? He purposefully placed them in a much lower tax bracket than someone living in that kind of house would be in just to minimize the benefit of the tax write offs.
He tried so hard to tip the scales in favor of renting, but in the end his finding was “Well, the results are in …. Rachel(renter) and Owen(buyer) performed about the same. They’re neck-and-neck.” He even went as far in his final comparison to assume Owen sold and moved at the 10 year mark and paid a 6% commission. I’d suspect to rerun his calculations with more realistic numbers, and carry it out for a longer duration as your ultimate goal is to own outright eventually, you’d find owning destroys renting.
He also tries to disprove the whole, mortgage ends, rent doesn’t argument by saying:
“However, P&I are only one of many home-related expenses. Your other costs include:
Maintenance
Repairs
Renovations / Depreciation
Property taxes
Homeowner’s insurance
Utility bills
Municipal usage fees (water, sewer, trash)
Homeowner association dues (if applicable)
Transaction fees, commissions and closing costs
Opportunity costsHow much can this cost? Depending on where you live, those expenses could cost equal to or more than rent on a comparable property.”
This folks, is where I stop reading because I can’t handle the stupidity anymore. A landlord has all the same costs you would if you owned the property, PLUS he is going to make a profit off you. People don’t become landlords to rent properties out at a loss just to give you a cheap place to live. I fully suspect the rest of the article is just more biased comparisons and stupidity.
I also see the old “We have 330k equity tied up in our house that would get better returns in the market” argument on the main article. He doesn’t say how it got there. For most of us it would have been built up by paying mortgage instead of rent…I’d take 330k equity tied up in a house vs 0 equity because I paid rent…but ultimately he’s comparing his house to downsizing to an apartment to make renting come out ahead. Its just another slanted comparison when he should compare owning a house to renting a house, or owning a condo to renting an apartment.
buying is definitely the best option for people with stable jobs. But for people without stable jobs, it might be best to rent.
MGTOW is not a movement, it is a way of life.
How would you answer “who am I” without also answering “”what do i want””? people often describe who they are by what they want in life. for example, I want to help others, I want to stay active, I want to be happy, I want to be a kind person……….etc.
Great question, and to be fair i don’t yet have the full answer. But making progress on the “What do i want?” actually gives some good foundation to the “Who am i?”
Because once you know what you want (not everything, but maybe top 3 or so), you can pretty easily say “I’m focused in getting what i want. That success in getting what i want breeds confidence. And that achievement & confidence breed happiness.”
So who is MattNYC? I’m successful, confident & happy with my life. Being able to say that, when someone asks “Who are you?” is pretty amazing.
What do you think it’d take to get you to a similar place?
Anonymous11All of the above plus:
Only watch what she does. Listen not to what she says.
The advice here is definitely much appreciated. Sometimes it’s easy to get tempted and lose your way, at least for me, but reading this reminds me of my goal and to strive to achieve it. The monotony of life also makes it difficult.
The important thing is not to stop questioning. Curiosity has its own reason for existing. One cannot help but be in awe when he contemplates the mysteries of eternity, of life, of the marvelous structure of reality. It is enough if one tries merely to comprehend a little of this mystery every day. Never lose a holy curiosity. --Einstein
The advice here is definitely much appreciated. Sometimes it’s easy to get tempted and lose your way, at least for me, but reading this reminds me of my goal and to strive to achieve it. The monotony of life also makes it difficult.
I agree, that’s why I started this thread. To reduce monotony, start new hobbies and spend more time on hobbies that you already have.
MGTOW is not a movement, it is a way of life.
Never listen to a woman.
It’s not exactly #1 because GYOW is about YOU, but the hurdles you have to jump over and the obstacles that will hold you back (if you allow it) are a constant bombardment. In my travels, no woman has ever provided good advice or sensible guidance. They ALWAYS recommended something else and tried like hell to talk me out of it.
I never listened.
NO matter HOW HARD they work (and try) to bend you, stay solid on your ground.
A woman once told me…. “you need to get a life”. She accused me of “working too hard”… and used to make fun of the fact that I was “playing on my computer” on a Saturday night. Several years later she was being carted around in a convertible payed for by the company I worked for at the time, and she threw her head back in luxury. That’s the moment when I reminded her.
“Remember when you criticized me non-stop for working too hard? Remember when you told me to get a life? You’re eating your words now, aren’t you.”
….. and this was about a month after her fiancee left her at the altar.
He just didn’t want to marry her. So I told her “I wouldn’t marry you either – now you know why.”.Made her feel like a piece of s~~~.
NEVER – EVER – listen to a woman or let them beat you down.
God-DAMN do they ever try.If you keep doing what you've always done... you're gonna keep getting what you always got.
Anonymous42Never listen to a woman.
A woman giving advice is tantamount to holding the oven doors open at Auschwitz. (MG-ɹǝʍo┴)
Damn straight!
Save, save, save.
Always ask yourself if spending that dollar today is worth the 10 dollars it would be worth in 30 years.
Be minimalist. Do you need to buy a F150 that you would use once a year? when you could rent a truck.
Shop at thrift stores.
Love is just alimony waiting to happen. Visit mgtow.com.
Anonymous3Realize that society hates you and other men are not your friends. At least with my generation, 95% of men seemed to just get married and get rid of their friends for a woman even before that. This “bros before hoes” is just bulls~~~ men would spin to get something out of another guy when they couldn’t get girls themselves, don’t fall for the bulls~~~.
Understand that you’re on your own in this society. Never do a favor for someone else, always demand favors, and play political games as best as possible, constantly passing the buck and blaming some other entity for something that benefits you “I don’t want to do this, but HR/my boss is on my back so I have no choice.” Never pay back a favor, dodge e-mails or otherwise passively ignore someone when they want something and it doesn’t benefit you in any way.
All this sounds bad right? Yeah it is bad, but that’s the world we live in. Everyone else is f~~~ing you over like this at every turn. If you refuse to do so it’s to your own detriment only, and these same people that act holier than thou will advance past you and mock you for it, and also try to block you off at every turn.
Even on here most men see through women a lot of the time, but they fail to see that men are just as bad and won’t see through them. But you should, I’ve just told you, so you’ll know better. In fact for me it’s usually easier dealing with females, I know they’re flakey but there are some tricks to make them do what you want, especially if you’re using them to control another man. Men will stab you in the back for a woman without any pangs of guilt, but a woman will order her man to fulfill his end if you pressure her to do so.
Live life by DTA: Don’t Trust Anybody. Not women, not men, not your employer, not the cops, not politicians, not academics, nobody.
Everybody lies about what they do. You can lie too, say you’re mainstream and will do what the mainstream says while you look purely to self preservation.
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