This is 90 seconds video by Jim Collins at https://www.youtube.com/watch?v=eikbQPldhPY.
Jim is possibly the person to try the FIRE (Financial Independence, Retire Early) movement. In under two minutes, he gives all the advice you need to save money and invest it wisely.
You get up two and a half million dollars, any asshole in the world knows what to do.
You put eighty percent in VTSAX and now you own a piece of every publicly traded company in the United States of America. And every fucking stiff from the factory floor to the CEO is working to make you richer
Put the other 20% in VBTLX for your bonds to smooth the ride.
Use the 4% rule and pull your hundred grand a year to spend.
Don’t buy a fucking house. Who needs the headaches. Rent yourself a nice place. Let the landlord worry about fixing the fucking toilets.
You need a car? Get an indestructible economy shitbox and you’re done.
That’s your base. Get me? That’s your fortress of fucking solitude.
That puts you for the rest of your life at a level of Fuck You.
Somebody want you to do something? Fuck You.
Your boss pisses you off? Fuck You.
Keep a few bucks in the bank to pay your bills.
Don’t buy shit you don’t really want to impress assholes you don’t really like.
Don’t drink
That’s all I have to say to anybody on a social level.
Your grandfather take risks?
I guarantee you he did it from a position of Fuck You. A wise man’s life is based around Fuck You.
The United States of America is based on Fuck You.
You’re a king? You got an army? The greatest Navy in the history of the world?
Fuck You. Blow me.
We’ll fuck it up ourselves which we have done. A great Fuck You position lost forever.