The End of Slavery – Why I Live Off Dividends

One of the reasons why I don’t like being around people most of the time is because they tend to say things that trigger me. Maybe I am too sensitive. Most of the time people just say whatever is on their mind, and they quick jump from one superficial idea to another. Most of the time human interaction is just an attempt to say something for the sake of saying something, so perhaps I take things too seriously.

I live with my mother, and a few days ago, someone at work commented that I should not live with my mother because she will become a burden on me as she grows older. The reason why this comment triggered me is because there are many assumptions made, and it simply isn’t true. I didn’t get much of a chance to explain myself before the topic of conversation moved on, but days after this colleague made this trivial comment, I am still thinking about it, and my colleague may have forgotten all about it.

If I moved out from my mother’s house, she could still be a burden on me because technology connects us all, so even if I lived far away from my mother, she can still call or message me if she wants something from me.

However, suppose my mother and I lived in different cities. It would be more difficult for me to get to her, so she won’t be as much of a burden on me. Regardless, currently I don’t consider myself to be too close to my mother even though I live with her. I work quite often, and she also works as well, so we often do not see each other. My mother and father divorced a few years ago, so my mother learned from experience how important it is to be independent and to never trust or be dependent on anyone. Even on weekends I may be out somewhere, and she would be as well, so we rarely see each other. The only time we regularly see each other is at night when I get home from work and she cooks me dinner, and this is a tradition that seems to just happen all the time. She has always cooked dinner for me, and I never objected to it, so it keeps happening. In fact, my mother cooked dinner from my whole family, but over time everyone moved out. After the divorce, my father moved out, then my brothers moved out, and now she only cooks for me.

Even though my mother is in the habit of cooking dinner for me, this doesn’t happen all the time. For example, last night I had dinner with a colleague at work, so I came back at around nine at night, had a shower, and went to bed. This tradition of my mother cooking dinner for me seems to be the only habit that keeps us together. My grandmother on my father’s side used to wake up early and cook breakfast for me. I didn’t like it because there were days when I wanted to go to work earlier, so I just wanted to make my own breakfast or skip breakfast and just drink coffee, but my grandmother wanted to make breakfast for me. After the divorce that ripped through the family, my grandmother left the house to live with my father, and now I rarely see her. Most relationships are based on dependence and habit. When you are a child and you’re dependent on your parents, you are forced to interact with them, and they become familiar to you, so you bond to them. The same applies with work. You provide skills to your employers, and employers give you a salary, so you are mutually dependent, and over time there are colleagues at work you see all the time, and familiarity breeds trust and bonding. But as people become more independent, that dependency goes away, and as a result, bonds break.

Going back to the topic of my mother and her habit of cooking dinner for me, there are many in my family who jokingly talk about how I need my mother to cook for me (or I need a woman to cook for me), but I think many people say this because many people are traditional, and they believe in the traditional family. They want to believe that the woman’s role is to cook. This includes many traditional women. However, in my opinion, modern technology has made cooking irrelevant. You can easily eat out at restaurants, but even if you consider that to be expensive, it is not difficult to cook simple meals for yourself using e.g. a blender or microwave. For example, it is not hard to microwave or boil beans or to throw fruits and greens into a blender. To clean up, there is the dishwasher. There are many traditionalists out there (mostly women, based on my observation) who want to go back to the days of old when they stayed at home and engaged in low-skilled cooking and cleaning duties, and I think the allure of this is that woman don’t need to go out into the workplace to make money, and this is what drives anti-feminism among women. These women are simply selfish. I would consider myself to be a feminist man, and I encourage all women to get out into the world, work, invest, and become financially independent. They should resist the temptation to glamorize slavery.

My mother does not always cook dinner for me. There are times when I eat out, e.g. when I had a girlfriend a few years ago I spent a lot of time having dinner with her. If I wanted a cheap dinner, rather than eating out, I can bring meal replacement powders (e.g. Aussielent, Soylent, Huel, or Joylent) to work, and after work I can simply mix the powder with water and drink it as dinner. For added nutrition, I can come home and prepare a green smoothie using the blender. Because these foods are simple to make, I am not dependent on my mother for anything.

In the future, I intend to rent a one-bedroom apartment in or near the city because I am quite tired of commuting to and from work. I love to just be able to walk to work. Once I grow my dividends, my dividend income should cover the cost of renting an apartment in the city. As my dividends grow even more, I may be able to work part-time and use the spare time to work in a coworking space doing projects that I enjoy. With the proliferation of cryptocurrencies and blockchain technology, I suspect that a lot of business in the future will be done online and on the blockchain. It is a new frontier. Basically my plan is to transition gradually from living in the suburbs with my mother to living in the city and being self-reliant. I will also transition away from the traditional 9 to 5 job into more flexible work that gives me more control over what I do and with whom I work, and all this will be funded by dividend income. I recently performed a quick back-of-the-envelope calculation and found that I am investing about $70,000 per year, which is a lot. A considerable amount of this (about one-third of it) is going into my superannuation fund, which means I will not have access to it until I am very old) but about two-thirds of it is going into dividend-paying stocks or ETFs, so I expect my dividend income to gradually increase, which will improve my standard of living. I want to use my dividends to fund a more autonomous life with more freedom. I want to be free from my family and from my employer.

I expect freedom to come gradually. Most people have a date when they simply retire. There is a clear date, a line in time when they are no longer slaves but are free. I will have no such date. I believe that slavery is a continuum. On one end you have total freedom, i.e. no debt, good health, and living off enormous amounts of passive income. Then on the other end you have total slavery, e.g. shackled and in prison. Then there are degrees of slavery, and most people have quite a considerable degree of slavery imposed on them by their jobs, their family, their children, their mortgage and car loans, etc. For me, there is no retirement, just a gradual move from slavery to freedom.

As my dividend income increases, I will eat out more for dinner (or drink Aussielent) rather than go home and get my mother to cook. As my dividend income grows even more, I will sleep at home less. Rather than commute back home, I may hire places to sleep at night using Airbnb or I will rent apartments in the city for longer periods of time. The same applies for work. My intention is to reduce my hours so that I work part-time, or I may be more flexible, e.g. I may work at coworking spaces or at cafes. I may even ask my manager if I can work at overseas coworking spaces. This is good for me because I get away from the office, but it is also good for my employer because my desk is not being used, so there are cost savings. If technology is good enough, working remoting should not make me any less productive. This will be my main digital nomad plan, which is to do what I currently do at work but to gradually do it remotely as my dividend income and skills increase. As dividend income and skills increase, I have more bargaining power, and technology will improve over time, which should make remote work be easier. There is also a broader push by feminists for more flexible working arrangement because women want to spend more time looking after their family, so this could possibly benefit me.

Basically with higher dividends, I have more power so that I can shape my life the way I want my life to be. This has been the intention since the beginning. Living off dividends is my guiding philosophy in life because it gives me the freedom and power to do what I want. The basic idea is that you increase dividend income so that you get paid without needing to work, and at the same time you reduce all obligations, e.g. debt, marriage, and children. You minimize responsibility, obligation, and duty. By not putting any future obligation on yourself, you are free to do what you want. You are free to experiment with what makes you happy, and dividend income will allow you to experiment.

At the end of the day, my belief is that freedom depends on the direction of flow of obligation. When you hold stocks, ETFs, government bonds, etc, then there is an obligation for others to pay you money. There is a legal obligation for companies to pay you dividends. There is a legal obligation for the government to pay you interest because you are a bondholder. The flow of obligation is from others towards you. However, if you have debt, then the flow of obligation is reversed. For example, if you have credit card debt or a mortgage, you owe money to the bank. If you have obligations to family, friends, spouse, or children, that also imposes either a legal or social obligation from you to others.

The flow of obligation from you to others makes you a slave. The flow of obligation from others to you makes others your slave and increases your freedom. Freedom or autonomy is dependent on the flow of obligation. Manage the flow of obligation and you manage your freedom, and freedom is happiness.

Conservative Girls vs Feminist Girls

The most successful slave owner is one who can convince his slaves that their toil is honorable

There is much talk among men about how bad it is to be with a feminist, and many men seem to be drawn to women who are traditional or conservative.

For example, Rocco Casa at says the following:

Asian women are the most feminine in the world, both in terms of their beauty and family value. This encourages thousands of men to travel to Asia looking for qualities that have been lost in the west….

Can you imagine yourself living under the same roof with a western woman and sharing an entire house instead of just a bedroom?

You will probably need to go by her rules to be living “harmoniously.” Where does that leave you? Castrated. Even worse, a western woman will want to fool around much before she settles down, making her beloved feminist movement proud by being liberal and independent in her sexual choices. Plus, most western women smoke like a chimney, eat like a pig, drink alcohol like a sponge, and swear like truck drivers.

Would you marry such a woman? Hell no.

However, based on my experience, conservative girls have many problems compared to feminists.

Personally, I’d be very wary of traditional conservative women because they tend to believe that men must slave away at work while the lady stays at home and plays with the children and goes shopping.

Some men are fine with this. Some men are happy to work hard and financially support a loyal woman who stays at home and looks after the children, but in my opinion this arrangement is a sneaky way that men are tricked into becoming wage slaves.

Think about it carefully. In a traditional family, the woman stays at home, plays with the children, surfs the internet, and goes shopping while the man stresses at work. The man is called many great words, e.g. he is a “breadwinner.” However, in reality, the woman is using the man as a source of passive income. She is using him like a slave.

The most successful slave owner is one who can convince his slaves that their toil is honorable.

Even if a woman were loyal and looks after the children, I’d still be very hesitant about marriage because such an arrangement would result in multiple people dependent on me, and I’d likely have huge mortgage debt to pay, and debt is slavery!

The borrower is a slave to the lender. I’d rather be on the other side of the debt transaction, that is, I’d rather be the lender, not the borrower.

A slave owner (lender) has wealth flowing towards him whereas a slave (borrower) has wealth flowing from him.  

A housewife who sits back and collects cash from her breadwinner husband…would she be best categorized as a slave or a slave owner? Which way is the wealth flowing? Given that she is using her husband as an ATM, I’d suggest she is the slave owner.

I’d rather be retired by 35 and travelling the world rather than stuck in an office paying off a mountain of debt to fund the housewife lifestyle. Most men may disagree with me, but that is what I believe.

In Nazi Germany, some concentration camps had the sign Arbeit macht frei written on the entrance. This is translated into “work will set you free.”

The expression comes from the title of a novel by German philologist Lorenz Diefenbach, Arbeit macht frei: Erzählung von Lorenz Diefenbach (1873), in which gamblers and fraudsters find the path to virtue through labour….

The slogan “Arbeit macht frei” was placed at the entrances to a number of Nazi concentration camps. The slogan’s use in this instance was ordered by SS General Theodor Eicke, inspector of concentration camps and second commandant of Dachau Concentration Camp.

It is no surprise that throughout history, slave owners sought to convince their slaves that their slavery is honorable. If this were not the case, the slaves would revolt. Instead of whipping slaves and forcing them to work against their will, isn’t it much easier to convince the slaves to want to work?

“The greatest victory is that which requires no battle.”

~Sun Tzu, The Art of War

The reason why slavery based on capitalism is much more efficient than slavery based on chains and whips is because a slave motivated by greed is far more productive than a slave motivated by fear.