Search found 125 matches

by Fish
Mon Apr 24, 2017 2:04 am
Forum: Lifestyle Questions
Topic: Time
Replies: 15
Views: 1118

Re: Time

@7w5 @brute Thanks, this is helping me understand myself (and ERE?) a little better. I am realizing that consumer life was unfulfilling because my job doesn't directly impact my quality of life. Instead it's indirect influence through earn/spend. Taking back the producer role has improved satisfacti...
by Fish
Mon Apr 24, 2017 1:32 am
Forum: ERE Journals
Topic: Halfmoon's journal
Replies: 291
Views: 21494

Re: Halfmoon's journal

Thanks so much for the perspective. I think the point is that conditions will never be ideal nor will there be any guarantees of success, so there will always be some element of risk associated with extreme early retirement. Although as Jacob has noted elsewhere, failing means going back to work, wh...
by Fish
Mon Apr 24, 2017 12:21 am
Forum: Housing Questions
Topic: Uninsulated, unheated, underground house?
Replies: 10
Views: 758

Re: Uninsulated, unheated, underground house?

Kristie Wolfe's Hobbit House (288 ft^2)
https://www.youtube.com/watch?v=Ix11VQ8f7uY

Presented for inspiration. This one is both heated and insulated but it's visually very impressive. Still in the "just built this" honeymoon phase, so it is yet to be seen how well it will work in the long run.
by Fish
Thu Apr 20, 2017 11:24 am
Forum: Lifestyle Questions
Topic: You only live once - help
Replies: 41
Views: 1866

Re: You only live once - help

YOLO translates to "very high discount rate" consequently living it up in the present at the expense of the unknowable future. The "ergodicity and destiny" section of the ERE book provides a framework for understanding the consequences of consistently making such shortsighted decisions. I have a bal...
by Fish
Thu Apr 20, 2017 10:52 am
Forum: ERE Journals
Topic: Halfmoon's journal
Replies: 291
Views: 21494

Re: Halfmoon's journal

@Riggerjack @Sclass RE: 200k difference in Zestimate for owner vs. guest, maybe they are modeling the bid-ask spread for an inefficient market? @halfmoon How did you know you had enough to retire? Back then you didn't have the Trinity study or any of the nice portfolio modeling tools available today...
by Fish
Fri Apr 14, 2017 10:14 pm
Forum: Lifestyle Questions
Topic: The Role of “Free Luxury”
Replies: 22
Views: 1005

Re: The Role of “Free Luxury”

I don't see a reason to reject the generosity of your environment. It's not free. You do pay for it with your labor. ;) But, if you expect the environment to be less generous in the future, it is prudent to not become dependent on the elements that are not sustainable. This is basically what Jacob h...
by Fish
Fri Apr 14, 2017 7:55 pm
Forum: Lifestyle Questions
Topic: Time
Replies: 15
Views: 1118

Re: Time

Third attempt at time subject, in particular maintenance activities and the significance of their proportion in one's life. A related concept is the "upkeep" mechanic in Magic: the Gathering. For those who have never played Magic, things with upkeep require an ongoing resource cost or they are lost....
by Fish
Thu Apr 13, 2017 1:34 pm
Forum: Inspiration
Topic: Fantastic Interview of Vicki Robin (YMOYL)
Replies: 38
Views: 2165

Re: Fantastic Interview of Vicki Robin (YMOYL)

While we're scrutinizing the least significant part of this interview, that bit about $7-8k expenses and making the world safe for frugality was prefaced with "I used to say...", meaning it could have been 1980, 1992, and/or 2017 expenses. Who knows. We should ask Vicki to clarify because this has s...
by Fish
Wed Apr 12, 2017 4:58 am
Forum: Money Questions
Topic: CPI vs. "Real" Inflation vs. Gold
Replies: 56
Views: 2236

Re: CPI vs. "Real" Inflation vs. Gold

About that 5% PWR target... If we assume that capital is created by work , and work is performed by humans, then I would expect long-term growth of capital to be primarily influenced by population growth rates and changes in productivity. As a passive investor your real returns will be mainly govern...
by Fish
Tue Apr 11, 2017 9:17 am
Forum: Money Questions
Topic: CPI vs. "Real" Inflation vs. Gold
Replies: 56
Views: 2236

Re: CPI vs. "Real" Inflation vs. Gold

Assuming 5% PWR is your investment goal (substitute your requirement if it is not): 1) Is there a portfolio that will sustain PWR of 5% for all possible futures? And if not, are there portfolios that will sustain 5% PWR given what will happen over the course of your lifetime (1 specific future)? 2) ...
by Fish
Mon Apr 10, 2017 5:16 pm
Forum: Inspiration
Topic: Fantastic Interview of Vicki Robin (YMOYL)
Replies: 38
Views: 2165

Re: Fantastic Interview of Vicki Robin (YMOYL)

@jacob Transcript of the interview is now available at Dragline's link.
Vicki wrote:And I live on about $7000 or $8000 a year.
by Fish
Mon Apr 10, 2017 11:57 am
Forum: ERE Journals
Topic: cmonkey's journal
Replies: 594
Views: 66816

Re: cmonkey's journal

+1 to Lodge. It was rough beginnings even with a lot of seasoning but after regular daily use, it slowly broke in and has become my favorite piece of cookware.
by Fish
Mon Apr 10, 2017 11:34 am
Forum: Inspiration
Topic: Fantastic Interview of Vicki Robin (YMOYL)
Replies: 38
Views: 2165

Re: Fantastic Interview of Vicki Robin (YMOYL)

@jacob: The "1 Vicki" expenses level is mentioned at 23:00. I heard it as 7-8k/year and not 17k. I'm making the world safe for frugality. I'm standing up here, I'm healthy, I don't look bad, I'm well-dressed. And I spend about 7, 8 thousand dollars a year. @Above comments about Vicki's feelings towa...
by Fish
Sat Apr 08, 2017 9:34 am
Forum: DIY Skills Questions
Topic: Best mobile app development tool?
Replies: 24
Views: 760

Re: Best mobile app development tool?

@pukingRainbows For an idea of what can be made at the beginner level, search for "CS193p" which is Stanford's iPhone App Dev class(*). Course materials including video lectures freely available through iTunes U. Doing the assignments on your own is a great way to gain experience (and test your frus...
by Fish
Wed Apr 05, 2017 7:03 pm
Forum: DIY Skills Questions
Topic: Best mobile app development tool?
Replies: 24
Views: 760

Re: Best mobile app development tool?

Once I "invested" in a MacBook thinking app development was a fast track to early retirement. It was a fantastic computer but I never made a dollar. Blame Tim Ferriss for me trying. For iOS development there are ways around the Mac requirement, but it's extra work. In addition to Xcode (free) you'll...
by Fish
Wed Apr 05, 2017 11:18 am
Forum: Lifestyle Questions
Topic: Time frugality
Replies: 31
Views: 2872

Re: Time frugality

@Scott Have been following this thread and pleased that you are voting with your wallet and steering job creation in a more positive direction. I'm thinking if one were idealist about it, they would keep going until they were nearly moneyless. I don't know what's going on in the food or consumer goo...
by Fish
Sun Apr 02, 2017 11:58 am
Forum: ERE Journals
Topic: Fish's Enlightenment
Replies: 6
Views: 852

Re: Fish's Enlightenment

For the first time in 3 months, I had a "numbers day" and spent half an hour to check how things were going financially. This was a break from past practice of being hyper-aware, and it has been rather nice not knowing or caring. I suspected that expenses might creep up without feedback, but as it t...
by Fish
Fri Mar 31, 2017 6:46 pm
Forum: Lifestyle Questions
Topic: Best solution for ~3 mi professional commute: Electric Bike, Touring Bike, Scooter/Moped, Car, Shuttle, etc.?
Replies: 32
Views: 1133

Re: Best solution for ~3 mi professional commute: Electric Bike, Touring Bike, Scooter/Moped, Car, Shuttle, etc.?

With the same professional constraints, I do a 2 mile bike commute (one-way distance) every day, rain or shine or snow. Any bike works for this distance. I also have 6 months' experience walking it. I much prefer the simplicity and experience of walking but have other priorities for my time. Of the ...
by Fish
Fri Mar 31, 2017 3:43 pm
Forum: Lifestyle Questions
Topic: Spending to Get it Out of Your System
Replies: 13
Views: 641

Re: Spending to Get it Out of Your System

@jacob You're right! In my experience I liked effort-reward being linear in a local sense, that if the ratio is X that it won't all of a sudden change to 0.5X or 2X. Maybe predictability is what RPG players like. Once I successfully extrapolated achievement out by a month by measuring rate of advanc...
by Fish
Fri Mar 31, 2017 2:37 pm
Forum: Lifestyle Questions
Topic: Spending to Get it Out of Your System
Replies: 13
Views: 641

Re: Spending to Get it Out of Your System

I've done this before. I remember ALMOST buying a pressure washer (of course, new and "great deal") but stopping myself because the house was already overflowing with stuff. I could relate to Jacob's comment in the ERE book about playing Tetris with my stuff just to make it all fit. Moving beyond th...
by Fish
Fri Mar 31, 2017 11:31 am
Forum: Resources & Recommended Reading
Topic: The Moneyless Manifesto
Replies: 12
Views: 1401

Re: The Moneyless Manifesto

Thanks for bumping this vexed! It's a really thoughtful vision of what the next level could be. Skimming it, I get the sense that the author is also a systems thinker. I really like that it's more "live according to nature" than "money is evil." Adding to my reading list.
by Fish
Wed Mar 29, 2017 5:40 pm
Forum: Money Questions
Topic: Buy Coal and Uranium?
Replies: 26
Views: 2855

Re: Buy Coal and Uranium?

Chad wrote:
Wed Mar 23, 2016 7:51 pm
Coal is much more the "falling knife" than oil.
Next time there's a falling knife I'm going to catch it. :lol:
by Fish
Wed Mar 29, 2017 12:19 pm
Forum: Miscellaneous
Topic: Heuristics for estimating the ROI of a book
Replies: 42
Views: 1690

Re: Heuristics for estimating the ROI of a book

if it took you 12.5X minutes to read the first Y words in "ERE", would it take you approximately 17X minutes attempting the same with "A Treatise on Human Nature" While higher-level texts require more time to process, reading speed is also a function of other things like familiarity with subject ma...
by Fish
Tue Mar 28, 2017 9:59 am
Forum: Miscellaneous
Topic: Heuristics for estimating the ROI of a book
Replies: 42
Views: 1690

Re: Heuristics for estimating the ROI of a book

@7w5 That's a fun link. I ran 5 random samples of the ERE book, averaged grade level 12.4 (raw data: 14, 10, 13, 11, 14) which is consistent with the reader consensus of "college freshman" on the ERE book page.
by Fish
Sun Mar 26, 2017 12:19 pm
Forum: Lifestyle Questions
Topic: Calculate depreciation for all your items
Replies: 11
Views: 939

Re: Calculate depreciation for all your items

@ebast I enjoyed reading about your depreciation extravaganza. :D An easier way to get started and receive most of the benefit is to simply track and depreciate new things as they are acquired. Treat the pre-existing inventory as a sunk cost. More of a concern in my mind is the time cost of maintain...