Any little mouse can download this tutorial without paying.
Babaikin learned from the Light Jedi Knights:
- Oleg Klochenok,
- Larisa Morozova,
- Ilshat Yumagulov.
But the guy made completely wrong conclusions about the real values of the Jedi and burned out …
FIRE (Fuck-up, Impasse, Retirement, Egocentrism) – a movement gaining momentum among young people.
The manual contains the author’s memoirs about divorce – this is a difficult process in the life of some people. Children suffer the most from the consequences, leaving a scar in their souls for life. But Babaikin has already burned out and the Western enemies are putting on the life support suit of the Dark Lord, who calls on Russian speakers to go over to the side of the fire!
After the divorce, there will be an impasse in the father-child relationship. The author is still so young that he does not understand this. Although maybe in 20 years his daughters will release a book of refutation. Wait …
The manual contains a false message that you need to retire quickly, at 35 years old. But, brother, remember that Babaykin is an Entrepreneur who made his fortune in various businesses. The infa slips on the network that his fortune was approximately $ 1,000,000 in 2019. The millionaire started investing in 2007.
Brother, it is important that you develop critical thinking. Turn on the calculator and check it out! I consider it very simplistic how to get “lam bucks” by the age of 35, having invested in 2008 at the very bottom in the IVV index ETF, which is a thin red line in the author’s experience “don’t try to outrun the indices‘.
At the end of 2019 $ 1M = $ 323 * 3096
And in 2008, on the bottom, we should have already had a starting capital of $ 79 * 3096 = $ 245K
Growth by 4 times or 14% per annum – given the strength of compound interest.
Or we had to replenish within 11 years at $ 1,853 per month and invest more actively to get a million.
And this is an idealized version, assuming that in 2007 the correct concept of investing all free cash flow in liquid financial assets was adopted. But in the memoirs this is not at all the case. There are many mistakes with real estate, a set of liabilities, a division of property. Then, with such ridiculous recommendations, the Initial Capital should be more than $ 245K – preservation for 11 years.
The average citizen of the Russian-speaking space is unlikely to have such a free cash flow from wages.
“So where does the money come from, Zin?”
In the training manual, we see that there are subsidies (for building a house) from a wealthy businessman father. And from businesses – of course you can get more than $ 1M in 13 years, starting from scratch. This is the acceleration of the Entrepreneur Energy (EE) deposit in the real sector of the economy. The author is making a quantum leap into a secure future: he is actively engaged in commercial activities, writes to us that in parallel he had a job for a salary, which tormented him, tax deductions.
Oh, oh, poor Yorick …
A stupid little mouse can make the wrong conclusion – “quit your job for your uncle now”, which will increase the likelihood of your fucking on the first point. And who will spin the economy if all the specialists became retired at 35, and entrepreneurs have finished doing business, businessmen simply have no employees left?
short conclusion: the manual is not scientific and harmful to the country’s economy.
Key dialogue showing the degree of egocentrism of the author:
“The ex-wife asked for money for a riding section for the child. I told her that I was already allocating very impressive amounts. She reproached me for being a bad father. Anger takes! “
At the same time, the author tells us about the amazing place where he found himself – how he can spend banknotes to please his beloved.
Babaykin at 35 = the dark side of power. And according to Newtonian laws, if there is a dark side, then there is a light side of the force that balances it. I believe the married investor is on the bright side. And there is a constant struggle between them.
It would be a book if the text underwent rigorous editing on the subject of ETHICS. And it’s okay if the book contained fiction about the absence of a divorce process, the dead-end concept of ChildFree and other heresy of convinced bachelors. That is, I would have imagined that I was free from 0 to 35 years old and did not give birth to children and put together everything for only one salary – then it is more / less ethical. There are such authors on the smartlab. However, the consequences of this behavioral model are already visible in the “Old World” – European countries. And the result is inevitable and is shown in the scientific experiment of John Calhoun “UNIVERSE-25”
Yours truly, Jedi Knight, Married Investor, kiseLEV