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this post was submitted on 03 Jul 2023
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FIRE (Financial Independence Retire Early)
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FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.
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I have a buddy who cashed out his retirement savings, rushed into 3 properties that are pretty run down, and now stresses about repairs because he doesn't have the cash on hand.
He wanted to be a slumlord because he didn't want to work a job, over-leveraged himself, and is now stressed all the time.