Early Retirement Extreme Forums

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When you mentions both baking and getting used items, it reminds me of baking machines. Baking machines are a prime example of what people buy and stop using. If you want, you can probably get a used one for free or for a very low price.

What do think about the balance between playing many tables at once to maximize hands played vs playing fewer tables better?

Do you enjoy more spare time and less responsibilities? I guess most people can enjoy that in the short term, and some also longterm.

August was another low cost month. Hard to spend much money in this pandemic. I have been eating out some at the local pizzeria and bought some quite expensive beers for use at home, which increased my food cost a bit higher than normal. I use less diesel in my car than normal, but this month I paid...

I don’t spend much money in this crisis. No significant purchases and basically no travel.
For July:
Report US$

Earned income 3582

Expenses
Rent 548
Transport 8
Food 308
Entertainment 23
Other 155
Total 1042
Savings 2539

Savings rate (%) 71

LibreOffice is a good replacement for Microsoft Office for basic tasks. It doesn't have all of the features of the current Word or Excel though. It feels like a version from 10 years ago, which is fine for me. I Yeah, I also get that "old" feeling from most free (libre) software. Microsof...

We can start with the change of status now compared to for 10 years ago. Has it improved or become worse? + I got the impression that Linux works better now and some of the free software has improved. + Google docs and other webservices make it easy to make most stuff independent of operating system...

What do you think about the status today of free software compared to proprietary software? Tracking and proprietary software seem to totally dominate IOT, mobile, tablets, cashless payments etc. Is it even worth trying to avoid being tracked and using non-free software? Richard Stallman seem to be ...

june

Report US$

Earned income 3359

Expenses
Rent 514
Transport 0
Food 380
Entertainment 252
Other 112
Total 1258
Savings 2101

Savings rate (%) 63

60% stocks and 40% bonds with rebalancing once a year. I am using very low cost or free funds. No single stocks or actively managed stock funds.

I think it can be relevant to include mortgage debt and house value in net worth. It may affect the diversification and total risk level to a large extent.

I also sometimes have to lead projects or work on things outside of my main specialization. Normally those things are reasonable similar to the broader part of my University education, but no real specialist there, but I know where to start. The R&D part of a company often ends up with very odd ...

My savings rate for May was very good, considering that I paid the annual car insurance.

Report US$ for May

Earned income 3653

Expenses
Rent 522
Transport 346
Food 367
Entertainment 81
Other 189
Total 1504
Savings 2149

Savings rate (%) 59

Perhaps making a career as a salary man feels more rewarding than being a general renaissance man for you? It can be a good path for some. What path are you going? Often you have to be either a specialist or a leader (or both) to climb high on a career ladder. Salary man career: -Specialist (Often d...

Do you think that online poker will be doomed as an income stream in the long run due to cheating? It would be possible to make a system that avoids all detection. Imagine if the system had a camera, a robot finger clicking on an ipad screen and software that makes all decisions. Since no software r...

My savings rate for April: Report US$ Earned income 3242 Expenses Rent 483 Transport 140 Food 467 Entertainment 58 Other 169 Total 1317 Savings 1924 Savings rate (%) 59 April was an economically good month. Food became a bit high due to restaurant visits and the purchase of some finer beers and Whis...

Yes, it is good to have rules that forces you to not react on impulses. I have been thinking. I am concerned about that if many think that a certain type of gold investment is better than other ways, that it will be overvalued. The problem with gold itself is that the value of all gold in the world ...

Curves like this scares me about speculating in real estate with debt. https://4.bp.blogspot.com/-e4eOdk6WuJY/Wdx2_dDEumI/AAAAAAAAuMw/4ArowCd_bjc1ZMdjDtDsZETSm64Bhv5uwCLcBGAs/s1600/stockholm_reala_huspriser_1875-2017p.png The first 120 years gave close to zero real return. Than real prices increased...

Yes, but my investment rules forbid change until Jan 2023. I am considering stocks in silver mining companies (5%) or physical gold (10-30%). Silver is more aggressive than gold, and mining more aggressive than metal. Silver mining company stocks may give a gigantic payoff or total crash. Supposedly...

Perhaps it would be good to write a list of rules for 95% of the investments. Removes the emotions, just follow the rules. Including rules about when and how rules can be changed. Use 5% in a separate account as play money with no rules. Compare to results after a significant time, like every 5 years.