Search found 356 matches

by a
Tue Sep 12, 2023 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Does “decluttering” save money?
Replies: 90
Views: 12451

Re: Does “decluttering” save money?

Found clothes, scissors, tape, paper, batteries, light bulbs that we won't have to buy again.
by a
Sun Sep 03, 2023 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Sell the house and FIRE now?
Replies: 63
Views: 7364

Re: Sell the house and FIRE now?

Devil's advocate: if OP is really suffering mentally, is that suffering lesser than the suffering wrought on the kids due to the move? Genuinely curious actually, please explain.
by a
Fri Jul 14, 2023 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Finally pulled the plug and retired: looking for tip on how to switch from accumulating to consuming
Replies: 51
Views: 8196

Re: Finally pulled the plug and retired: looking for tip on how to switch from accumulating to consuming

Here are some things that had me recently move from penny pinching to all-out spending: (1) Take a new job, work alongside 20somethings for a year, realize how slow my brain is compared to them. I'm "quicker" than 80+% of my age peers, but the majority of this new generation is 2x as fast as me, and more worldly in some ways which I find incredible given I have 20 years of experience on them. (2) Every time I have a senior moment, I remember that not only is my memory and brain deteriorating, but it does so exponentially* as one gets older (unless you are a really really lucky person gene-wise). (3) Similarly when I notice I can't read as well as I used to, having to move the paper back in forth in front of my eyes until I can fo...
by a
Fri Jul 14, 2023 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Finally pulled the plug and retired: looking for tip on how to switch from accumulating to consuming
Replies: 51
Views: 8196

Re: Finally pulled the plug and retired: looking for tip on how to switch from accumulating to consuming

Here are some things that had me recently move from penny pinching to all-out spending: (1) Take a new job, work alongside 20somethings for a year, realize how slow my brain is compared to them. I'm "quicker" than 80+% of my age peers, but the majority of this new generation is 2x as fast as me, and more worldly in some ways which I find incredible given I have 20 years of experience on them. (2) Every time I have a senior moment, I remember that not only is my memory and brain deteriorating, but it does so exponentially* as one gets older (unless you are a really really lucky person gene-wise). (3) Similarly when I notice I can't read as well as I used to, having to move the paper back in forth in front of my eyes until I can foc...
by a
Tue Jan 17, 2023 1:20 am
Forum: Personal Consumer Issues
Topic: Neighbor noise issues
Replies: 80
Views: 8719

Re: Neighbor noise issues

Just posting to offer my deepest heartfelt sympathy. Depending how you look at it, noise reduction accounts for about 60% of my budget..
by a
Wed Jan 11, 2023 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: If you are TRULY financially independent, why would you still work?
Replies: 427
Views: 40899

Re: If you are TRULY financially independent, why would you still work?

Some activities in life that you can put your hands to, something is produced that is then given to other people who happily take it and provide you gifts in return. Those gifts might be nice services like a massage or making you food that was grown on a farm by someone or a brand new computer. In other words it is tangible proof that whatever you created was very worthwhile to other members of society, so much that they would put a lot of effort into giving you something nice in return. Money is an undesired but required infrastructure to this process. Thus if you can put your hands to productive work that generates you money, that is the most direct way to benefit "society." As in any competitive game there are people who game t...
by a
Mon Jan 02, 2023 1:19 pm
Forum: US Chapters
Topic: your favorite quotes & one-liners
Replies: 272
Views: 48658

Re: your favorite quotes & one-liners

Man is not a rational animal, man is a rationalizing animal.
by a
Mon Oct 10, 2022 8:37 pm
Forum: Investing - Theory, News & General
Topic: I'm not sure why stock market will continue to go up
Replies: 154
Views: 16840

Re: I'm not sure why stock market will continue to go up

Huh? We are done innovating? This sounds almost arrogant to think that your generation is the magical one where we’ve reached “peak innovation”. The AI revolution has barely begun, and the next leg of things like nuclear power (which is finally getting interest again) has barely begun. You haven’t seen anything yet. I work in the field of AI. You’ve seen nothing. Toy tech. We’ve seen the equivalent of the horse and buggy — if that. As for efficiency? Get on a plane, goto the store, go on public transport, try to buy a car, a house…. these industries are slathered in fat and inefficiency. Things like Redfin, Uber or Lyft haven’t even scratched the surface. The only thing which would cause the stock market to stop going up over decade plus p...
by a
Wed Jun 01, 2022 2:21 pm
Forum: Personal Consumer Issues
Topic: Movies for 10 year old
Replies: 70
Views: 5440

Re: Movies for 10 year old

Searching for Bobby Fischer (1993)

Child chess prodigy being trained for competitions.

It's about parents' views versus a child's view, with a good scene on how to use your mind.
by a
Wed May 11, 2022 10:52 am
Forum: Investing - Theory, News & General
Topic: Have a hard time believing most people here are not "timing the market" just a little
Replies: 86
Views: 9555

Re: Have a hard time believing most people here are not "timing the market" just a little

It's hard to not follow the zeitgeist (evolutionary: follow the herd). I am dragging my feet on buying a house (gave in to my wife) because it seems certain house prices will drop sharply as mortgage rates increase. I'm happy right now holding the down payment funds in my bank account.
by a
Thu May 05, 2022 12:06 pm
Forum: Personal Consumer Issues
Topic: What is the BEST thing you spent money on?
Replies: 461
Views: 69269

Re: What is the BEST thing you spent money on?

Physical therapy. I have neck and back issues and developed some nerve pain which is interfering with my sleep. It's amazing to me what they can diagnose and give a treatment plan for in 45 minutes. We'll see how much these exercises help but just from when she pulled on my head for 2 minutes the pain is better.
by a
Wed May 04, 2022 9:13 pm
Forum: Investing - Theory, News & General
Topic: Everyone has a plan until they get punched in the mouth
Replies: 81
Views: 11697

Re: Everyone has a plan until they get punched in the mouth

The recent ass-kicking of bonds (by interest rate change and inflation simultaneously) has weighed heavily on my mind because I shoveled a ton of assets into BND in 2020. I wanted to share some thoughts. -- The principle that "everyone piles in at the top" of an asset class. An "asset class" in this case including exotics such as tulips, beanie babies, bond indexes. I committed this mistake 3 out of 4 times I made major investment (S&P in 2007, getting a mortgage around that time, bonds in 2020) It's due to zeitgeist. You only start hearing about - from friends, money managers, news - the asset class during the 2-4 years it starts running up. By the 4th+ year it feels like it's been a good investment for all recorded...
by a
Sat Mar 26, 2022 10:50 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 11037
Views: 2066404

Re: What Movie Have You Recently Watched?

The Wave (2019), free on Amazon Prime, recommend.

Light-hearted and funny movie about a guy who works for an insurance firm that is money grubbing and the plot is him waking up to the ethics. I recommend it because it's almost completely non-violent and makes you feel good. Fast-paced, no downtime; good for unwinding yet keeps your brain engaged.
by a
Mon Feb 21, 2022 6:30 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 11037
Views: 2066404

Re: What Movie Have You Recently Watched?

I cant believe i never saw GodFather series Saw Godfather 2 on Saturday ( not sure why i saw part 2 first ) about to finish godfather 1 today will watch Godfather 3 sometime this week Godfather 2 was better then 1 IMO.. robert di niro killed it The Godfather I & II are my favorite movie. I was just thinking about an example of why they're so great. SPOILERS for Part II: Remember the scene where the cake is being wheeled toward Hyman Roth in Godfather Part II when they are on the penthouse porch in Cuba. The cake has a sparkly candle on it (it's Roth's birthday). This calls to mind a bomb (think Looney Tunes). This presages what happens to Roth at the end of the movie. Note that Michael watches a similar image when he first arrives in C...
by a
Tue Feb 15, 2022 11:07 pm
Forum: Investing - Theory, News & General
Topic: Where We Are in the Big Cycle of Money, Credit, Debt, and Economic Activity
Replies: 48
Views: 5688

Re: Where We Are in the Big Cycle of Money, Credit, Debt, and Economic Activity

A lot of people think that the U.S. will never decline, or at least
not for 30-40 more years. And when it does, it'll be easy to see
the signs, and one can flee U.S. assets duly.

Dalio says that if you look at history, the decline of a superpower
comes sharply and surprises people. Only if you look for certain
nonintuitive signs can you anticipate it.
by a
Mon Feb 14, 2022 6:53 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime membership increase to $139
Replies: 274
Views: 26840

Re: Amazon Prime membership increase to $139

Probably been said but an increase from $119 to $139 doesn't even cover inflation.
by a
Fri Feb 11, 2022 9:41 am
Forum: Personal Finance (Not Investing)
Topic: How difficult is it to get a job in Tech if you are "older"?
Replies: 405
Views: 38219

Re: How difficult is it to get a job in Tech if you are "older"?

Why commute at all? Not interested in a remote role? And why limit yourself to only C++, why not just look for roles with different languages? I've been hired for software development roles using languages I had no prior professional experience with, and having previously done C++/QT for some embedded app work in the past, the switch to languages like C#.NET and Java were so easy to ramp up on Remote would be great; I've been looking at (CA) Bay Area companies and if you live in the Bay Area they assume you are willing to commute, even if it's > 1 hour away. As for C++, funny you bring up embedded C++ as that's what I'm hoping to get into long term. Klangfool is talking about looking fo a very niche hire. If I am looking for someone with 1...
by a
Fri Feb 11, 2022 8:47 am
Forum: Personal Finance (Not Investing)
Topic: How difficult is it to get a job in Tech if you are "older"?
Replies: 405
Views: 38219

Re: How difficult is it to get a job in Tech if you are "older"?

In my area, there is no reason to interview most people. There are only less than 10 employers that provide the kind of experience that we are looking for. In any specific sub-area, everyone knows everyone with less than 3 degrees of separation. Hence, LinkedIn and social networking is the way to find the candidate. As per experience verification, we know the employer, the kind of project and the specific project name that you have to work on and know in order to have any possibility of doing the job. So, someone that is not an insider would not have that specific information in the resume and know the right person. In summary, we look at the resume, look for the key project and search via LinkedIn as to how we are connected to the candida...
by a
Wed Feb 02, 2022 3:19 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 11037
Views: 2066404

Re: What Movie Have You Recently Watched?

The Endless (2017)

Little movie of the genre "1 1/2 hour Twilight Zone episodes," (such as
Triangle, Vivarium) with a cool Lovecraftian idea. Pretty tight, no
drawn-out unnecessary scenes. Great care was taken to flesh out
the underlying mythos, so scenes can be re-watched with enjoyment
and puzzle out the connections.

Quite highly recommend, free on Amazon Prime.
by a
Mon Jan 31, 2022 12:02 pm
Forum: Investing - Theory, News & General
Topic: Resist the "Stock Returns Will Be Lower" Dogma?
Replies: 268
Views: 20494

Re: Resist the "Stock Returns Will Be Lower" Dogma?

nigel_ht wrote: Mon Jan 31, 2022 11:02 amThis is the same exact posting you put in another thread and my response is the same: probably not in my lifetime.
Yes, I apologize. I meant to post it to this thread and posted it there, then
removed it when I realized my mistake.
by a
Mon Jan 31, 2022 10:36 am
Forum: Investing - Theory, News & General
Topic: Resist the "Stock Returns Will Be Lower" Dogma?
Replies: 268
Views: 20494

Re: Resist the "Stock Returns Will Be Lower" Dogma?

Ray Dalio gives a convincing argument as to why U.S. stock returns would be lower in the future: the U.S. itself is in a decline. In other words, one can expect U.S. stock returns to stay at the same level UNTIL THE U.S. FALLS OFF A CLIFF. The U.S. will fade from primacy similar to how England used to be supreme and now is just another first world country. Dalio's main reasons for predicting this are: (1) Historically, empires or top dog countries last about 80 years. In the sense of a period of productive peace after a major shakeup (such as World War II or a civil war within the country). (2) The financial picture of an economy after one of these "resets" caused by a major war or civil war proceeds from zero debt (the government...
by a
Mon Jan 31, 2022 8:02 am
Forum: Personal Investments
Topic: Should one invest in gold? If so, how and how much?
Replies: 203
Views: 21728

Re: Should one invest in gold? If so, how and how much?

<removed, posted to wrong thread>
by a
Fri Jan 21, 2022 12:46 pm
Forum: Investing - Theory, News & General
Topic: Post your Investment Policy Statement IPS here
Replies: 88
Views: 108163

Re: Post your Investment Policy Statement IPS here

patrick wrote: Fri Jan 21, 2022 12:17 pm I think it's time to make some adjustments to my IPS posted here, but mindful of the dangers of knee-jerk changes, I'm posting them to see if anyone thinks I'm doing something wrong.
Seems fine to me. Rigorous.

Why do you recalculate on the 23rd?
by a
Fri Jan 21, 2022 12:40 pm
Forum: Investing - Theory, News & General
Topic: Post your Investment Policy Statement IPS here
Replies: 88
Views: 108163

Re: Post your Investment Policy Statement IPS here

Wow this is an oold thread.

IPS:

"Move to index funds at a single reliable provider"Done

"Regarding finances, don't make any moves unless you absolutely have to.
Remember that any addition to the ledger clutters up your history for life."
by a
Mon Jan 03, 2022 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Store receipts - what's your process??
Replies: 54
Views: 4111

Re: Store receipts - what's your process??

Thermal receipts cannot be recycled, they contain too much poisonous chemical.

Consider going e-receipt to avoid forcing clerks to handle BPA.
by a
Fri Dec 03, 2021 6:27 pm
Forum: Personal Investments
Topic: Rivian - ?next Tesla ; how to buy [stock]
Replies: 142
Views: 18948

Re: Rivian - ?next Tesla ; how to buy [stock]

Now, there's no need to kick a dog when it's down.. After all, the dog might go back up. It's happened before
by a
Tue Nov 16, 2021 5:21 pm
Forum: Personal Investments
Topic: Rivian - ?next Tesla ; how to buy [stock]
Replies: 142
Views: 18948

Re: Rivian - ?next Tesla ; how to buy [stock]

Gundy, a couple more days of this and I'll have to concede
the point to you.
by a
Sat Nov 13, 2021 7:54 am
Forum: Personal Investments
Topic: Rivian - ?next Tesla ; how to buy [stock]
Replies: 142
Views: 18948

Re: Rivian - ?next Tesla ; how to buy [stock]

pseudoiterative wrote: Fri Nov 12, 2021 8:36 pmBut isn't the 15% inflation a fairly recent turn of events, post 2020+ coronavirus economic turbulence? There's been lots of money sloshing around but too few good opportunities for investment for the last few years now, from well before 2020.
Yes, I think you're right.
by a
Thu Nov 11, 2021 7:30 pm
Forum: Personal Investments
Topic: Rivian - ?next Tesla ; how to buy [stock]
Replies: 142
Views: 18948

Re: Rivian - ?next Tesla ; how to buy

Thanks, just curious. Do post when you sell. Best of luck.
by a
Thu Nov 11, 2021 6:41 pm
Forum: Personal Investments
Topic: Rivian - ?next Tesla ; how to buy [stock]
Replies: 142
Views: 18948

Re: Rivian - ?next Tesla ; how to buy

How many shares did you buy and at what price?
by a
Wed Oct 27, 2021 11:19 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 963
Views: 103293

Re: Talk me out of buying a Tesla Model 3

investor997 wrote: Tue Oct 26, 2021 2:10 pmThe inside of the wheels still have almost zero accumulated brake dust thanks to regen - they're almost spotless.
Hm, that's another reason to go electric, as someone posted a little while ago that brake dust is a major source of PM2.5 pollution.
by a
Sun Aug 22, 2021 7:26 am
Forum: Personal Consumer Issues
Topic: What online storage do you subscribe to for storing photos?
Replies: 14
Views: 1330

Re: What online storage do you subscribe to for storing photos?

runner9 wrote: Sat Aug 21, 2021 1:56 pmBonus: family LOVES the Amazon Photos feature to look at all photos on this day each day.
That's pretty cool :)
by a
Sun Jul 18, 2021 11:05 pm
Forum: Personal Consumer Issues
Topic: Any Pro tips to help with Decluttering?
Replies: 105
Views: 14755

Re: Any Pro tips to help with Decluttering?

How to declutter?

Get older, and have a goal, something you want to do with your life that you start to think might take longer than the time you have left. Then you won't be able to help but trash anything that stands in the way of that goal - like extraneous stuff.
by a
Fri Jun 11, 2021 9:09 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 11037
Views: 2066404

Re: What Movie Have You Recently Watched?

Roshômon (1950, Japan) Toshirô Mifune, Machiko Kyô, Takashi Shimura, directed by Akira Kurosawa. Four witnesses to a violent crime, including the dead victim, each have different memories of what actually happened. Groundbreaking film by Akira Kurosawa. Winner of Best Foreign Language Film, 1951. Recommended. I streamed it on The Criterion Channel. Subtitled. Kurosawa's contribution to left brain/right brain dynamics. Closes with a philosophical treatment of the Great Question, how to deal with living in a "fallen" world, as Christians would say. A lot of cute touches about the human condition throughout, examples: the one character's reaction when faced with mortal threat, the horror realization that one may not be better than a...
by a
Fri Jun 11, 2021 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Mid life and beyond
Replies: 32
Views: 7274

Re: Mid life and beyond

I'd sell the house, find a quiet rental to live in, use the money from the house to pay off all debt and hire a nanny so that all stress in my life is removed, then focus on fixing my health back to 100%. It's easy to make money when healthy. How old are you?

There is always a way to get what you want in life as long as you are really determined. And have enough time.
by a
Mon May 24, 2021 3:49 pm
Forum: Personal Consumer Issues
Topic: Ford Lightning EV
Replies: 308
Views: 30709

Re: Ford Lightning EV

Kenkat wrote: Sun May 23, 2021 8:14 am If you can’t go full throttle and open up the exhaust bypass in your truck as you drive past the country club, it just feels like something has been lost at a societal level.
Yes, vent your opinions from the safety of an anonymous armored vehicle fleeing the scene at top speed..typical.
by a
Thu Apr 29, 2021 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Moving Away from California - How Much Do You Save Retiring To a Low Cost Area?
Replies: 148
Views: 21521

Re: Moving Away from California - How Much Do You Save Retiring To a Low Cost Area?

BogleFan510 wrote:<interesting stuff>
I don't want to discuss politics as as LadyGeek points out that is not the point of this thread (although Boglefan's post is actually the opposite of a political post) but have to say that this testimony makes me feel a lot better about California taxes. It's good to know by and large government still holds to its avowed purpose of maintaining a stable society for us to live in.
by a
Sun Apr 25, 2021 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Moving Away from California - How Much Do You Save Retiring To a Low Cost Area?
Replies: 148
Views: 21521

Re: Moving Away from California - How Much Do You Save Retiring To a Low Cost Area?

"In Austin, it would only get down to a smothering 80 degrees at night during the summer. This means your AC will be running all day and all night. Evening walks are less than refreshing when it's 11 p.m. and you're sweating. It's hard to describe how oppressive it is."

Well scratch that off the list. I can't abide heat.

Informative article.
by a
Wed Apr 21, 2021 5:36 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 11037
Views: 2066404

Re: What Movie Have You Recently Watched?

I really enjoyed Calibre, which is available on Netflix. It's about two guys who go hunting in a small Scottish village. Something tragic occurs and rest of the film is about the resulting fallout. It's categorized as horror, but I would definitely say it's more suspense/thriller. It's a Netflix original but has the look and feel of an indie film. https://www.imdb.com/title/tt6218358/?ref_=nv_sr_srsg_0 Watched Calibre on this recommendation. One critic compared it to Deliverance on the back of "city folk crashing into country folk" but it's more similar to Midsommar* in that it extols the virtues of "the old ways". The themes are justice and the idea that there aren't bad people there are only people placed in tough sit...
by a
Wed Mar 31, 2021 6:48 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 11037
Views: 2066404

Re: What Movie Have You Recently Watched?

Inside Job, documentary about the 2008 financial crisis. After watching, I now figure for 3 sources of taxes: federal (30%), state (15%), and wall street (5%) (rented on Amazon $3, recommend) The Ascent of Money, documentary on history of money (20% through). It struck me how a nation could finance a war (raise armies, build weapons, order armies around) "overnight" (that is, generate the money overnight) simply by inventing a financial device - basically pen strokes on a piece of paper - war bonds - out of thin air. Out of thin air, since the amount of gold (= money at that era) contained in the nation didn't change by the penstrokes. (free on Youtube, somewhat recommend) Also reading Ray Dalio due to various references on this f...
by a
Wed Mar 17, 2021 2:49 pm
Forum: Investing - Theory, News & General
Topic: Are we in a housing bubble?
Replies: 687
Views: 180637

Re: Are we in a housing bubble?

Oh, I'm sorry I haven't found a San Jose one yet. The Eden I
mentioned is in Sunnyvale*. I'm sure there are pockets in
San Jose and every city _but_ it's like rocks in a haystack.
But I am very glad to hear that a fellow
sufferer has found freedom! (i.e. retirement money) In the
sense that having a nest egg gives one the freedom to move,
money really does buy happiness. That's my current feeling :)

*I thought I had written that but must have edited it out. Sorry to mislead you.
by a
Wed Mar 17, 2021 9:05 am
Forum: Investing - Theory, News & General
Topic: Are we in a housing bubble?
Replies: 687
Views: 180637

Re: Are we in a housing bubble?

That makes sense, RJ5. I'm not a manager so you have more experience than I in the types of work.
by a
Wed Mar 17, 2021 8:32 am
Forum: Investing - Theory, News & General
Topic: Are we in a housing bubble?
Replies: 687
Views: 180637

Re: Are we in a housing bubble?

This is QUITE annoying. I was getting all ready to buy a house for a LOT of money because I've spent the last year realizing that the noise in my current house (airplanes, cars, garbage trucks, gardeners) is debilitating. Well, I found the perfect house - as a rental - back in November. EXTREMELY quiet, which is very hard to find in the south bay area. Well, in November, a week before getting the keys, I'm informed that the owners wanted to only rent it out for 3 months. I moved out a couple weeks ago so went back to rental-hunting. It turns out the owners had decided to sell, probably right about the time I contacted them about taking their rental, and so were being nice about letting me stay for even 3 months. Well, they couldn't have pic...
by a
Mon Mar 15, 2021 2:42 pm
Forum: Investing - Theory, News & General
Topic: Does it feel bubbly to you?
Replies: 214
Views: 21224

Re: Does it feel bubbly to you?

A few weeks back I sold 30% of my stock for bonds under the claim that I felt recession was imminent. Now I do not feel recession is imminent. My statement was words cooked up by my Narrator to justify my anxiety about my current investments.
by a
Wed Feb 24, 2021 4:53 pm
Forum: Investing - Theory, News & General
Topic: Tesla stock price now tied to bitcoin price
Replies: 36
Views: 3536

Re: Tesla stock price now tied to bitcoin price

I do not understand the worth of bitcoin. I am getting a strong urge to short it, and I know the many reasons not to short. I was reading about Litecoin and it seems to me that anyone, any time, can create a new Bitcoin (I mean a new cryptocurrency having all the properties of Bitcoin but a different name). It's not even as good as gold; at least no one can create a new element of the periodic table! And gold suffers the cardinal sin of "assets"; it doesn't DO anything. It just sits there. When you buy TSLA you're buying a piece of a giant machine composed of people and factories which pumps out cars, actual useful goods, daily. Bitcoin really seems like a big nothing to me. It's like the words of this post. Basically costs nothin...
by a
Tue Feb 16, 2021 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Retire now (45 yrs old) or keep working for the kids?
Replies: 67
Views: 7443

Re: Retire now (45 yrs old) or keep working for the kids?

What if we invent a way to regenerate cells and never die? If we did, only the ones with high resources will be able to enjoy this.* To have high resources one must have high skills and accomplishment, to have that one needs motivation, to have motivation one is best off inheriting nothing (unless your kids have intense health problems early, which is difficult to engineer) *roughly speaking, it'll take the labor of 100 humans to do all the things, continually, to keep the one "immortal" person alive for protracted number of years. Which means you'll have to be in the top 1% of humans, abilistically. Or upload your conscious to a computer and then download it to a clone? That won't work, "you" wouldn't get to experience...
by a
Sat Feb 13, 2021 6:31 pm
Forum: Investing - Theory, News & General
Topic: How can 6.45% be a bubble?
Replies: 47
Views: 6996

Re: How can 6.45% be a bubble?

"Bubble" is a strong word. I was 20 during dot-com so I wasn't personally investing, but even I could feel some of the fervor. The continued growth of people's portfolios was changing people's lives, and every year it got worse, the stories of the neighbor who had gone from $100,000 to $250,000 "overnight" - you didn't want to be missing out on the gains. It wasn't FOMO it WAS MO (you were missing out). The current day atmosphere doesn't compare to dot-com. The stories like that guy who has $9.7 million in TSLA and TSLA options are like dot-com.
by a
Wed Feb 10, 2021 7:50 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!
Replies: 499
Views: 92671

Re: Bonds - Throw it all on the table!!!

Converted a chunk of stock to Total Bond a month ago;
now portfolio (> $1 million)
is 75% stock 25% bonds. (Bonds in IRA)
The interest rate fed into this in the sense that stock valuations have been
inching higher for 13 years and feel recession is imminent.

41 years old, married, kids

Chose Total Bond because it's the most popular.