Experience vs Wealth Building for the MGTOW Man

Topic by LastManStanding

LastManStanding

Home Forums MGTOW Central Experience vs Wealth Building for the MGTOW Man

This topic contains 24 replies, has 22 voices, and was last updated by DarkRyu  DarkRyu 1 year, 8 months ago.

Viewing 20 posts - 1 through 20 (of 25 total)
  • Author
    Posts
  • #814505
    +3
    LastManStanding
    LastManStanding
    Participant
    638

    I was curious to know what is everyone’s opinion on trying to save money to build wealth in today’s monetary system.

    Like many, I came from absolutely nothing. I was able to get a halfway decent public education and picked up a lot of street smarts living in NYC. I started saving money fairly young. Now, I look back and wonder if it was the right decision.

    Every month, a take most of surplus money and put it into things like, dividend paying stocks, inflation protected securities, gold and silver, and cash. The things I have purchased over the years, my guns, my instruments, and my collectible art have all held their value pretty well, if not increased.

    But at what cost does this have? Every gold coin I buy is a huge sacrifice. Every time I put away money, I lose an experience. Every dollar saved, is something I could have purchased and enjoyed. I could have traveled the world time and again, but never did. I could have had 100’s of high-end escorts, but never did. I could have started my own business, but I remain a slave. Retirement seems so far away, if I even make it.

    What is the right balance of experiences vs. wealth building? In the end, you can die before ever using any of your wealth. The years are ticking by and I am no longer a young man. I guess getting close to 40 is starting to play with my mind. I guess I am looking for some perspective on how to go about the next few decades.

    #814510
    +5
    NerdTunneler
    NerdTunneler
    Participant

    If you were ever married, you know full well what you want to do with life if there was no c~~~ nagging your b~~~~ off…

    You are lucky…Do some volunteer work or something to know the value of what you have and what you want…

    I stand with feet apart and let my balls hang free...Manginas dont have balls...See how they stand and sit at the whim of their masters...

    #814516
    +2
    G.O.A.T
    G.O.A.T
    Participant
    1459

    What’s the point of building wealth, when you could die, without ever spending a dime?

    What makes you so sure, that you’re gonna reach old age?

    Saving, investing, are keys to become wealthy. But, if you’re not enjoying the fruit(s) of your labor, what was the point of you doing these things?

    As a 25 years old, I don’t own s~~~. Yeah, it’s frustrating, but as long as I’m breathing, I have hope. Enjoy your money, take a vacation, buy a car, or whatever.

    Do something that makes you happy. What’s the point of being a MGTOW, when you refuse to please yourself? Might as well get a c~~~ to spend it for you.

    Money is God.

    #814517
    +2
    Bernie
    Bernie
    Participant
    254

    If you already have a sizable nest egg. Keep doing what your doing but make sure you allow yourself the opportunity to enjoy life now. Try to make compounding work for you and reinvest the dividends till you need them. Just invest a certain amount regularly and leave yourself plenty to enjoy life. If you are having to play catch up that is a different. You may have too put in a little more and budget the things you want to do over time. Just make sure you do it. The best thing for your mental health and investing capability is to take a break from it now and then. Just let your money work for you and enjoy life..

    #814521
    +4
    Untamed
    Untamed
    Participant

    I guess I am looking for some perspective on how to go about the next few decades.

    Don’t worry about the next few decades.
    Judging by the look of things, we’ll be lucky to have the next few years.

    inflation protected securities

    Ha Ha! Protected by who?!

    But at what cost does this have?

    Your soul, of course!

    I could have started my own business, but I remain a slave.

    And you think that by starting your own business you won’t be a slave?
    Wrong!
    You’d be a slave to your business!

    Don't let them Blame, Shame or Tame you!
    Give 'em NOTHING, not even an answer!
    #GenderSegragationNow!

    #814524
    Untamed
    Untamed
    Participant

    As a 25 years old, I don’t own s~~~. Yeah, it’s frustrating, but as long as I’m breathing, I have hope. Enjoy your money, take a vacation, buy a car, or whatever.

    Do something that makes you happy. What’s the point of being a MGTOW, when you refuse to please yourself? Might as well get a c~~~ to spend it for you.

    🍺

    Don't let them Blame, Shame or Tame you!
    Give 'em NOTHING, not even an answer!
    #GenderSegragationNow!

    #814530
    +3

    Anonymous
    7

    I save for retirement but I also invest in long term storage food and camping gear. Silly? Perhaps. I have food,water and shelter. If money goes t~~~-up I’m good.

    Add to the above list arms and ammo if you are able.

    #814533
    +1
    Beer
    Beer
    Participant
    11832

    What is the right balance of experiences vs. wealth building?

    Whatever works for you. Personally I’m shooting to retire by 40. Passing up on stuff now isn’t all that painful for me when I can probably pull the plug on my working life in 5 or 6 years. I know other guys that enjoy their careers and are cool with working until they’re in their 60s who really like their toys. What I’m doing seems ridiculous to them, and working until your in your 60s seems like torture to me. There’s a 25 year gray area in between…perhaps you just need to figure out where you want to end up and adjust your habits accordingly.

    #814536
    +2
    Maraudrz1
    Maraudrz1
    Participant
    2250

    You should have a little fun. This is a big country and there are plenty of things you can do that doesn’t involve going elsewhere out of country. There are hobbies you can do that will cost you little or those that will be more costly. If nothing else you can learn survival skills or another trade. There are plenty of things you can do that won’t dip into your retirement plans. Have fun but don’t stop saving and investing in your future. And as you know do not let a parasite (otherwise known as a woman) in your life. Good luck.

    Women's brains and vagina have one thing in common. There is nothing in there until a man puts something in there.

    #814540
    +1
    L. Euler
    L. Euler
    Participant
    343

    Dear Last Man Standing,
    Stop listening to the crowd and go with your gut. Go with your collectible art. In 2010, post divorce, broke and almost penniless, I went with my gut & bought collectible art. Let me tell you it will outgun what all the investment advice from what these “gurus” tell you.
    Each of my two abused children from my evil “EX” …quietly & gradually became millionaires and I did it by quietly buying the right art.
    I took a lousy $1,100 at auction and parlayed it to ten times the value. Repeatedly. If you know what you are doing why the heck would you put it in the bank where your “Ex” can see every dime.I don’t care….. let her think I have a gambling addiction, perfect stuff for divorce lawyers.
    But, quietly parlay it & give it as a gift one painting at a time. I rented an apartment and bought a condo and it took seven years put a million in art in each place. The joke is I still have a bad credit rating,no house, have no money in the bank, can’t get a loan from a bank, don’t even qualify for a credit card post consumer proposal. I should write a book someday….”How to make your abused children millionaires while at the same time having zero money to pay “tuna” support”.
    L.Euler

    #814553
    +3
    Secret Agent MGTOW
    Secret Agent MGTOW
    Participant
    22515

    I was curious to know what is everyone’s opinion on trying to save money to build wealth in today’s monetary system.

    Like many, I came from absolutely nothing. I was able to get a halfway decent public education and picked up a lot of street smarts living in NYC. I started saving money fairly young. Now, I look back and wonder if it was the right decision.

    Every month, a take most of surplus money and put it into things like, dividend paying stocks, inflation protected securities, gold and silver, and cash. The things I have purchased over the years, my guns, my instruments, and my collectible art have all held their value pretty well, if not increased.

    But at what cost does this have? Every gold coin I buy is a huge sacrifice. Every time I put away money, I lose an experience. Every dollar saved, is something I could have purchased and enjoyed. I could have traveled the world time and again, but never did. I could have had 100’s of high-end escorts, but never did. I could have started my own business, but I remain a slave. Retirement seems so far away, if I even make it.

    What is the right balance of experiences vs. wealth building? In the end, you can die before ever using any of your wealth. The years are ticking by and I am no longer a young man. I guess getting close to 40 is starting to play with my mind. I guess I am looking for some perspective on how to go about the next few decades.

    Start using some of your money on your health. Preventative measures to stay off prescription drugs and painkillers. Invest so that you can keep your quality of life high, and keep the body working well. Some things to consider researching and picking up:

    – infrared sauna
    – profesional level class iv cold laser
    – PEMF therapy devices
    – cannabidiol oil
    – supplements that keep your testosterone levels up
    – vitamins and supplements for joints, cardio, eyes, brain function
    – supplements that reduce cancer and bump the immune system up
    – supplements that reduce inflammation
    – buy more expensive food you can cook with healthy oils versus processed foods and cheap junk food and sugary food and drinks

    Women want everything, but want responsibility and accountability for nothing.

    #814615
    +1
    The Black Scorpion
    The Black Scorpion
    Participant
    2146

    My plan is to become completely debt free (including mortgage) ASAP.

    Then all money above and beyond my monthly living expenses will be 50% allocated to wealth building and the other 50% for fun, to follow my passions and have great experiences.

    I think the foundation is to debt free first and foremost because making interest payments to banks and other financial institutions is just p~~~ing money away.

    Other than that – work hard, live lean and don’t keep up with the Jones is solid advice.

    You don’t want to end up being the richest person in the graveyard and you don’t want to grow old with nothing to show for it either.

    The greatest tragedy in life is to spend your whole life fishing only to discover that it was not fish you were after. - Henry David Thoreau

    #814638
    +1
    Experienced
    experienced
    Participant

    Watch out for the point in your life where you’re not making “More Money”, but “A Lot More Money”. LAYDEEZ know that, and will prey on any lack of caution.
    In the meantime, yes, find a healthy balance for you. Too little fun can be as damaging as too much.

    "It seems like there's times a body gets struck down so low, there ain't a power on earth that can ever bring him up again. Seems like something inside dies so he don't even want to get up again. But he does."

    #814644
    +1
    LastManStanding
    LastManStanding
    Participant
    638

    Some very sound responses. Thank you fellas.

    Yeah, I think it is time for me to work on my health a bit. I almost died during my divorce. The stress made me extremely sick. I have never been able to get “ripped”. But at this point, Just getting in good shape for my age would be good enough.

    #814648
    +1
    Branched off
    Branched off
    Participant
    10929

    This is a good question and it brings out some fundamental answers.

    All the dead are equal in financial wealth.

    However, spend your life chasing experiences and finding yourself and you will just end up an old bum who has never developed his character. Look at all those self obsessed world travellers, old hippies… I write as an ex mad keen rock climber. I chased experiences, challenges “character development” all over the place and realised that as a result I was missing out on a thing called life. I looked with horror at the selfish old timers who were masters of their art and yet no more than spoilt children in the world and pretty much quit then and there as soon as I realised this. You can have too much of a good thing.

    Somewhere one has to decide what one wants to do and balance that with the security one needs. A man needs a degree of struggle in his life to stay strong and vital mentally, at the same time a man needs a degree of security in order to free his creative side and better himself.

    Invest in what you value as well as what others value. If you have children then having some wealth to pass to them is a very good idea.

    It may be rather like adjusting the carburettor on a machine. The manual will give you a rough idea where the sweet spot is -say “one turn anti clockwise”. In order to find the sweet spot one has go there as a starter but then try to make the mixture a little too rich or too lean until one sees it is affecting the running of things, then one can back it off a bit until one finds optimal performance between the two extremes. If you are well set up in life, then you are probably roughly where the manual says you should be. Now you can try experimenting with the mix a bit. Do a bit more experience chasing but keep an eye out for when it stops being life enhancing and starts being a drain on energy and resources, then back it off a bit. Provided one remains self critical one can allow oneself to experiment making the mixture a bit richer or leaner.

    A woman is like fire -fun to play with, can warm you through and cook your food, needs constant feeding, can burn you and consume all you own

    #814649
    +1
    743 roadmaster
    743 roadmaster
    Participant

    My wealth building is slow due to divorce cost and stupid after divorce activities, very stupid pussy chasing chad activities. I keep at it with dogged determination. Going to overcome one way or another.

    mgtow is its own worst enemy- https://www.campusreform.org/

    #814657
    +2
    BritGHOW
    BritGHOW
    Participant
    2566

    There’s definitely a balance to be struck, save every penny you earn and as you say you miss out on many potential experiences and pleasures, on the flip side spend every penny and you’ve got nothing to support you when the money stops. The fact that you’re even thinking of this puts you ahead of the majority of people.

    Personally I live by the rule of thirds which is something I’ve advocated here before, on payday take one third of your take home and bank it in your saving vehicle of choice, next pay your rent/mortgage, bills, essential living costs which cannot be skipped, ideally these should form a third or less of your take home but obviously individual circumstances differ so your mileage may vary. Anything left at that point is you play/experiences money which you can spend on enjoying your life by whatever means you choose, anything left over at the end of the month is also your choice, you can either add it to your long term savings or add it to future month’s play money for a bigger experience in the short term.

    #814684

    Anonymous
    38

    Find a job you like then you won’t be desperate to be ‘financially secure’ or to retire ASAP. Start a business. Don’t waste your life as a dull and safe drone.

    #814685

    Anonymous
    38

    This is a good question and it brings out some fundamental answers.

    All the dead are equal in financial wealth.

    However, spend your life chasing experiences and finding yourself and you will just end up an old bum who has never developed his character. Look at all those self obsessed world travellers, old hippies… I write as an ex mad keen rock climber. I chased experiences, challenges “character development” all over the place and realised that as a result I was missing out on a thing called life. I looked with horror at the selfish old timers who were masters of their art and yet no more than spoilt children in the world and pretty much quit then and there as soon as I realised this. You can have too much of a good thing.

    Somewhere one has to decide what one wants to do and balance that with the security one needs. A man needs a degree of struggle in his life to stay strong and vital mentally, at the same time a man needs a degree of security in order to free his creative side and better himself.

    Invest in what you value as well as what others value. If you have children then having some wealth to pass to them is a very good idea.

    It may be rather like adjusting the carburettor on a machine. The manual will give you a rough idea where the sweet spot is -say “one turn anti clockwise”. In order to find the sweet spot one has go there as a starter but then try to make the mixture a little too rich or too lean until one sees it is affecting the running of things, then one can back it off a bit until one finds optimal performance between the two extremes. If you are well set up in life, then you are probably roughly where the manual says you should be. Now you can try experimenting with the mix a bit. Do a bit more experience chasing but keep an eye out for when it stops being life enhancing and starts being a drain on energy and resources, then back it off a bit. Provided one remains self critical one can allow oneself to experiment making the mixture a bit richer or leaner.

    This.

    #814703
    +1
    IMickey503
    iMickey503
    Participant
    12465

    First rule to getting out of debt. GET 2 JOBS. Work 16 hours a day, and make sure one of those jobs is a Contractor. And Sell things online at the same time.

    Work your ass off, Pay off your bills, and hoard that money in a place that is out of touch of the state.

    You are all alone. If you have been falsely accused of RAPE, DV, PLEASE let all men know about the people who did this. http://register-her.net/web/guest/home

Viewing 20 posts - 1 through 20 (of 25 total)

You must be logged in to reply to this topic.