Alot of Muslims also fired already.
Muslims are not allowed to gamble,

If you were to read up on RAMJADE postings, he did not gamble and are progressing well to being FIRE.

This post has been edited by MUM: Sep 20 2025, 01:22 PM

That’s a good rule too… because net monthly salary already means after tax and EPF deductions.
In essence, your definition boils down to:
Net monthly salary = expenditure + leftover savings.

So if your passive income covers ~80% of net salary, that’s almost the same as if you’d been saving 20% all along.

And at retirement, there’s no need to keep saving: so covering expenses alone is technically enough.

Possible, only longer.

But reading your recent posts, i think you need to get rid of the Huat mentality first in order to FIRE.

Yeah, it’s tough. That’s why so many can’t afford to retire.
The real issue is that most people never start building a passive income portfolio from day 1 of employment. The earlier you start, the more it accumulates and eventually, it snowballs fast.

I still hear the old-school advice: "You’re hitting 50, time to save for retirement". By right, that advice should’ve been given on day 1… or at least by age 30. That’s when the compounding and passive income growth really work in your favor.

You're right everyday I keep thinking about millions & millions until I think when I'm sleeping my brain is still overthinking that millions I think about in the daytime.

Indeed, that's why I'm ranting here, if I'm Rich, I will be in Europe grabbing pussies & boobies instead of surfing lowyat

Ramjade is good at investments, hence he chose to belittle the traits that say a good and satisfying working life existent. His reply to me was not directly addressing my statements earlier. So you’re good in investments and hence, don’t wish to work. Go do your stuff, but this does not give you any right to say that working life out there is that bad. One must learn to look at the pros of domething he can’t do well.

I agree with MGM - not everyone… so we try and try again to get what we want in life !

I’ll use myself here as eg - I enjoyed my job, met women.. friends, etc… but….. I still took the initiative to learn investments, which was very hard at first….

You want to open Poh Chi Lam and become Wong Fei Hung, is it

Depends. If you can live like B40 like me, can FIRE easily. The key is you must outlive your investment. The passive income can come from those mentioned or selling asset which what traditional FIRE is about.

You can take the easy way or the hard way. Easiest and less headache is
1. You have 50x your annual expenses in liquid asset excluding house that you can sell off to live. Traditional FIRE calls for 25x. But yeah need to sell off asset.
2. Second easiest is invest for income, dividends. Very slow but doable. So once your income > expenses you can fire.

If you expenses> income you can never FIRE.

I am very lazy and useless guy. I don't know how to start and run a business. So I choose the easier route. Hitch hike on other people ability and let them do the work by being a shareholder.

It can be done if you are earning say RM20k a month and just use FD. How I know? My mum was one of those people earning measly Rm2k-RM3k/month. But she retired well without needing me to support her. No investment, pure FD only.

Its never about being good with investment. It's when you are suffering and desperate you will find a way out. That was me.

Also I draw inspiration from the US guy who retired at 33 with expenses around USD7-8k with passive income of USD15k. Now is assets have triple and passive income have also doubled.

He is living life however he sees fit. It's not about work culture. It's about taking care of yourself first. Yes it is selfish so what. Always care about yourself first as no one will care for you. Recently one clerk at my working place had a heart attack. Non smoker my age. What does it tell you? It is ok to slow down and take care of yourself first. Don't let company be number 1. You and family must always be number 1.

If you like to work by all means work. I am lazy guy who hates working. So what. I don't mind admitting I am lazy and hates working.

This post has been edited by Ramjade: Sep 20 2025, 02:07 PM

I don't mind doing it for free. But that is beyond me cause my capital not huge enough for that 😅

Wows great, now I'm triple confused😵🤔 is there short cut to become FI/RE in the shortest time possible?

Yes. It's called living like a B40. Work like a donkey, overtime like crazy as much as possible, if feel tired stop and rest then OT again when you are better. Use the extra savings between your expenses and income and invest aggressively. No I am not talking about crypto but yes those invested into crypto are very lucky. If you don't know what to buy just buy the S&P500 or QQQ every month. I would prefer the IUIT in UK for pure tech exposure Vs the QQQs.

Once you have 25x your annual expenses in terms of net asset value, you can decide if you want to quit work. 25x will likely be LEAN FIRE (need to watch your spending). That's when you can choose to sell 4% of your asset every year to survive. That 25x will in theory last you 25 years provided you invest in US ETF. It doesn't work outside of US.

If you are like me, I invest for income. I aim to get paid 0.5-1%p.a but the amount I get paid will increase yearly automatically by minimum of 10-30%p.a without the need for me to keep buying new shares.

It's not a short cut. It's having no life or some may call it suffering for minimum of 10 years. I prefer the tem no luxury life.

Well you can consider short cut by geo arbitrage to Thailand. Like the guy I mentioned in the post. His annual passive income from dividends at that time was around USD15k p.a. His expenses in Thailand was USD7-8k p.a. He did it within I think 5 years of work. But same concept as I mentioned. Live way way below your means, work like crazy and invest aggressively.

Last I check I think last year his income have increased to USD30k already. He used to have a blog called mrfreeat33 but he have make it a paywall.😔

I learned few things from him from his blog last time
1. You can FIRE at a young age.
2. You can live the life you want while everyone is working, working
3. You become more healthy by not working
4. No boss is going to increase your pay by 6-7%p.a or even 10%p.a+
5. The increment of 10% p.a is is very good way to invest cause if you got paid extra 10% say USD500 just by increase in dividends paid, you will need to invest USD16,666.67 at 3% p.a just to get that same USD500. Now how easy is it for us to find spare USD16,666.67 lig around? It is easier for the company to give us the USD500 Vs for us to find an extra USD16,666.67.

This post has been edited by Ramjade: Sep 20 2025, 03:10 PM

bro that is not rebuttal per se
none on issues i raised when people retire early and stop work

you only list down the sweets you can get ===>just saying how not working can allow all that



having a goal is fine , but
obsession with a number ?RM5 million RM10million is unnecessary
what more fixation on the early finish line as your Motivation

Motivation need not require an early-retirement deadline
you only set it to yourself because it is glamourous
there must be opportunity costs in stress to health family
relationship and economy

the push for extreme frugality and work if backfired can undermine
the very freedom you are chasing....


life is full of uncertainties... hint Charlie Kirk
a more balanced way towards financial independence with flexibility
to enjoy along the jourrney right from the word start
is better and less risky then this all-or-nothing route...

stinge to the max live poor now holding your breath all the way
hoping to enjoy king's life only when you touch the finishing line

del

This post has been edited by guy3288: Sep 20 2025, 03:23 PM

Those are valid selfish reasons. It's my life so I am going to be selfish about my own life. Like my clerk, the company don't give a shit about him even though he works for the company like 12years +. Don't even want to cover his medical bill. Had to seek treatment at govt hospital. Do you want to owe your entire life to such company? Sorry. Not for me.

The number is because I got things to do in life. Future family to support. If I am single like now, I don't need any number. Somehow you need a number before you can walk away. The number will tell you if you have enough to walk away.

My motivation after reading mrfreeat33 was he can live his own life at 33. What not to like. Another is ASSI. He showed me who cares if you got no work or being laid off when you got money coming in? Is not about glamorous. It's about buying back your time. Would you rather have 40-50 extra years to live Vs just 10-20 years? That's why I pace myself. I don't do so many OT any more. I take more breaks. I still do OT just not so many. The ability to generate 3x my monthly income have given me the freedom to slow down. Had I been unable to 3x my monthly income, I wouldn't have gotten such freedom. Work until I die. I am still paying my taxes. In fact I am paying more because I am earning more. I don't care about the economy. One person not working won't do anything. There will be 2-3 people who will replace me. Economy will be just fine. Don't worry about that. As long as people still lining up for new iPhones, sukiya, oriental kopitiam, changing money at midvalley, the economy will be fine. I dont know why you are so against people not working and wanting to retire early. It's my life, my family and my future partner are all ok with it and support me. More than enough for me.

That's is the original FIRE way. Lots of people have done it. I will be one of them. That's why not many have done it cause nobody can stand no life for so long. Those that have done it are ordinary people with ordinary job. No priority banking, private banking services. Common folks.

I have been living a B40 life all my life. Nothing new to me. Only thing new is I am taking care of my health and my parents health Vs my parents who didn't take care of their health.

This post has been edited by Ramjade: Sep 20 2025, 04:08 PM

bro dont take it so seriously lah
just thinking if you dont cramped a 5yr university course into 3 years
you dont have to sacrifices so much right,
you get the drift...?

It is your life , how you want to live it sure your call

i am not against you doing it per se

just tickling some brains to see people's responses
bravo for you
many are too scared to stir the hornets nest

To be honest after changing company I didn't expect the same thing form this new company. But after seeing my clerk suffer that, it gets me even more motivated.

Looks like only European based MNC are good company to work for. Not Malaysian based companies and not chinaman companies.

This post has been edited by Ramjade: Sep 20 2025, 04:56 PM

Hate to break it to you, but not really… every firm, whether European, American, Malaysian, Singaporean or Chinaman, puts itself first. Everyone is expendable and is just a replaceable resource.

That’s also why companies and business owners loudly dislike the FIRE movement. The fewer choices employees have, the more control stays with them.

Generally most companies are like that.

I met a girl working in shell, I was wow shell have so much benefit. They really try not to laid off their worker if sick by moving them around and will unless really sick, give you buy shares of shell at discount to market price, amazing health car benefits Vs my previously non existent benefit 😂

And she was with shell for like 8 years already. Her first company and didn't quit shell.

Gave me a good impression of shell. But yeah. Maybe this is just an exception.

This post has been edited by Ramjade: Sep 20 2025, 06:55 PM

Ramjade when you say you live like B40, what's the range of expenses per month are you talking about, if this is ok for you to share?

Apart from options income, I understand that you also interested in US dividend growth stocks. Aren't these stocks liable for 30% tax for dividend declared? Isn't it not tax efficient?

I can live off RM1500 per month. I don't eat out. I don't use Aircon. I use old car. My phone is like 5 years old. My laptop is around 10 years old. My clothes are all preloved clothes. My shoes is only RM7.00 and can last around 2 years? No zus coffee or mixue. One meal a day. No expensive meal if I were to eat out. Max also RM35 that's all. I shop at wet market. My phone bill only RM40/month. No Netflix. No overseas holiday. Is that enough detail? I increase it to around 3k cause of the health food I am taking (high equality extra virgin olive oil with polyphenol level in 1000mg/kg, 100% cacao, fish oil, my variety nuts, basil seed, japanese green tea, daily Indonesian avocado, supplements stuff for my parents)

I have said many times. Who the hell cares about the dividend tax when you have options coming in? The options premium received offset the tax significantly.

I will give you example of a real life company I am holding.

Cal-Maine pays me around USD800 p.a. Net 30% dividend tax= USD560. Estimated options earned from selling Cal-Maine USD100 x 12 = USD1200 p.a. So if US govt wants my USD240, by all means go ahead and take them. USD1200 - 240 = USD960. You cannot run away from dividend tax. So just pay up. I am more than happy to give the tax to the US govt cause they give me a way to make money and grow my money safely. Lots of high quality business in US. Think of it as cost of doing business in the US. Total income from Cal-Maine = USD1760
1760/9000 x 100% =19.5555%p.a

I got more examples if you want.

This post has been edited by Ramjade: Sep 20 2025, 11:16 PM