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Jacob's Journal

(93 posts)
  1. jacob

    Expert
    Joined: Jul '10
    Posts: 3,297

    I figured maybe I should start my own journal here instead of posting on the blog. I hope this means I can keep a lower profile. As noted on the last blog post, blogging has reached the critical douchebag factor(*), an inevitable consequence of
    getting exposure on sites where such internet-personalities frequent, I suppose. I hope they don't start reading the forum as well [under the theory that the forum is more hardcore].

    (*) It's my theory that 1) there's a certain fraction of douchebags on the internet, say 0.5%. 2) each person has a certain tolerance for douchebaggery, say 1/week. Thus once exposure reaches a sufficient level, e.g. 1/0.005 = 200/week, douchebagging reaches a critical level and being a public figure becomes a drag.

    On that note, if I can ask you all a favor: Please don't go posting somewhere public that "hey Jacob is blogging on the forum" or something.

    Okay, that aside ... here's the update.

    Overall, I think I made the right decision with this job. The only downside is having to get up at 730 in the morning---that really sucks(!) Everything else is upside. The project is engaging and very interesting. The work environment is great. It mimics my experiences in grad school a lot. Pick the right people and put them in front of a computer and see what kinds of interesting things come out. It's management of the "third kind" which usually works well with self-directed and competent people.

    The work itself is looking at codes, debugging, research, and coming up with equations. Quite similar to astrophysics, in a way.

    Hmmm... did I mention the free coffee and enough personal computing power (that's just for me, no need to share in queue) to rival a small university department. Yeah, this is heaven!

    Of course engaging work has a downside. When I finally decide to go home, my brain is fried (in a good way). Then I go home and
    exercise(*)---currently using a 45lbs clubbell. Then the body is fried (in a good way). Then what to do?! This is an unresolved problem: Finding things to do that are fun but don't require any kind of mental or physical effort. Once I bought a playstation2 but that didn't work out well (I'm not very good with a game pad). I guess this can be considered a luxury problem, but it still needs a solution.

    (*) Unfortunately the nearest shinkendo dojo turns out to be 20 miles away. On the other hand we're two miles away from the marina. They have an offshore fleet (yippie skippie!) and a Rhodes 19 fleet. I'm once again thinking of buying a boat. Rhodes 19's are <$10,000 and they're cheap to race, relatively speaking. I haven't settled enough to start crewing yet.

    Most evenings are spent constructing furniture. I've made an end-table. Next I'm going to make a bed. We got a free kitchen table+chairs on the first day. Otherwise we haven't done much in that department. Used furniture is surprisingly expensive (compared to CA), at least on Craigslist. There's still lots to learn in terms of woodworking. Tons of little stupid mistakes that disappear with experience. Maybe furniture making can be my third career(*). Having talked to a few older INTJs, the 5-10 year attention span (which extends until we have sufficiently
    mastered a challenge) is common and almost inescapable.

    (*) Maybe it's a lack of imagination, but almost everything I find interesting will pay money once it's done at a/the level of competence I strive for. I'm not really into "traveling"... what else is there? To add to that, being FI is tremendously helpful to be able to find hardcore challenges that are perfect in form. There's actually a great ERE irony here---many who achieve it has too much drive to take advantage of the full time loafing...they're bound to make money of some kind given the intensity with which they operate. I guess in principle, finding sufficiently interesting things [in the form of jobs] to do could be done with credit card debt instead of FI, but that's just not my style. I wouldn't even chance it with 2 or 3 years of expenses saved, something which I think would be quite enough for most people's temperament.

    In terms of expenses, some things have gone up and some things have gone done (mostly by virtue of moving out of California). Rent has increased for 495 to 875 (divided by 2). However, that's not to say that we couldn't have found something cheaper with more time. However, we were sitting in a long-term stay hotel paying 55/day so you figure spending 6 days more finding something spread over a year easily makes a 27.5/month difference in rent. Furthermore, apartments in Chicago seem to be a crap shot. We were shown slumlord style apartments for 900---price seems to have little correlation with quality here---and just 3 hours after applying for this one, we found a great place closer to work (but outside commute) for 700/month. There's very little/nothing under $600.

    Note that non-fixer upper houses start in the $120k range (that's in Chicago, not burbs) and fixer uppers start around 50k.

    As it is, I have a 15 minute walk to the L train which drives right to the door [of work]. I'm sufficiently far out and in on the commute that I always get a seat. Furthermore we live in a dog friendly and quiet neighborhood. It's been described as the place for the 30something yuppies, so that's probably pretty accurate as far as describing DW and I.

    DW is currently staying at home studying. We have effectively switched roles although she makes a far better house spouse than I do (she actually enjoys it). I don't really mind this as a permanent solution---at least not so far. Point being, we can easily afford one income (we're actually quite close to being able to afford no income at all for either of us).

    Our current setup also means we have zero reason to keep the car. This depends on whether DW gets a job in the city or not---which depends on whether she wants one. Even with just me working our combined savings rate is around 75%. What to do with all those digits on the bank account?

    If the car goes, so does our car expenses which incidentally have gone down already (insurance and gas)---this would make our total expenses similar to what they were in the RV. Electricity has also gone down. Heat and water are now free. Food is sticker-shock cheaper.

    That said, total expenses have gone up slightly. I'd estimate that they went from almost 50 years of savings and down to the lower forties.

    Posted 1 year ago #
  2. karim

    Apprentice
    Joined: Oct '11
    Posts: 47

    Good to hear things are going well.

    Posted 1 year ago #
  3. Mirwen

    Journeyman
    Joined: Jun '11
    Posts: 169

    Thanks for the update! I'm sure we've all been very curious to know what Chi-town is like. I agree that the 5 year attention span is a great difficulty for INTJ's. Glad to hear you are happy with the new job.

    Posted 1 year ago #
  4. dot_com_vet

    Master
    Joined: Jan '11
    Posts: 376

    Very interesting, it's great to hear what Jacob is up to. Lake Michigan is beautiful in the spring/summer!

    Posted 1 year ago #
  5. sshawnn

    Journeyman
    Joined: Mar '11
    Posts: 262

    I get the douchebag factor and why you don't want to be a controversial public figure. I am glad that you have hopefully found an inlet for interaction in a spot you created! Happy for you guys that the new adventure is working out. Sailing on the lake sounds like fun!

    Posted 1 year ago #
  6. DividendGuy

    Master
    Joined: Dec '10
    Posts: 414

    So glad to see you posting an update. A lot of us are really interested in how you're doing. I'm excited to see you're happy and doing well!

    Best wishes for continued success in Chicago!

    BTW, what's your opinion on the weather? Outside of taxes, the weather is a huge factor as to why I don't personally live in Chicago...because I think it's a fantastic city.

    Posted 1 year ago #
  7. DividendGuy

    Master
    Joined: Dec '10
    Posts: 414

    I meant to add that I also understand the douchebag factor. That, and the income/time ratio has been draining on me and it's starting to get to the point where I'm also considering not blogging anymore.

    Posted 1 year ago #
  8. EristheUnorganized

    Novice
    Joined: Jan '12
    Posts: 4

    I have heard that there are three major areas of achievement in life: mental, physical and social. Looks like you have the 1st two down, maybe look into social methods of diversion. Games, some simple volunteering?

    Posted 1 year ago #
  9. m741

    Master
    Joined: Jan '11
    Posts: 733

    @EristheUnorganized: Jacob is a cult leader recognized by hundreds of people online so I think he has the social achievements, too.

    Posted 1 year ago #
  10. MattF

    Apprentice
    Joined: Aug '11
    Posts: 48

    Thanks for posting! I was curious how you were getting along in the new gig.

    Posted 1 year ago #
  11. EristheUnorganized

    Novice
    Joined: Jan '12
    Posts: 4

    @M741 - I guess achievement is the wrong word. Sadly, I can't find the blog post, but the main thrust was: If you're physically tired, try something mentally challenging. Mentally tired? Try something social. Call someone, or play a board game, chat face to face, etc. Basically, switch up these tasks to not feel overwhelmed.

    Posted 1 year ago #
  12. DutchGirl

    Master
    Joined: Sep '11
    Posts: 480

    Good to hear you're doing rather well, Jacob. All the best (and kick some ass over there :-) ) .

    Posted 1 year ago #
  13. LiquidSapphire

    Master
    Joined: Jul '11
    Posts: 434

    Thanks for updating us! It was great to hear how you're doing.

    Posted 1 year ago #
  14. Dragline

    Master
    Joined: Aug '11
    Posts: 960

    Nice to hear from you. What sort of exercises do you do with the clubbells? Maybe there is a link around here somewhere?

    I usually swing a kettlebell every day but have been interested in trying something new that is efficient and that I can do at home. The only thing that worries me about clubbells is hitting ceilings and other things.

    Posted 1 year ago #
  15. jacob

    Expert
    Joined: Jul '10
    Posts: 3,297

    With the 45 I do a two-handed swing and clean to order. I generally just pick one compound exercise and then build it up like described in the ERE book.

    There's some stuff on youtube, but I couldn't find that particular exercise.

    See here: http://physicalliving.com/clubbell-review/

    Posted 1 year ago #
  16. WH

    Novice
    Joined: Mar '11
    Posts: 13

    Kudos to you, moving on. I have to admit, I was surprised how long you stuck with it, being the public figure head of ERE, that is. A discussion on Get Rich Slowly springs to mind, the kind of arguments and irrelevant subjects and counter arguments coming up would eventually lead to a loss of faith in human kind. So, thank you for sticking around as long as you did, I much appreciate the reasonings and links to further reading that I have found here. Also, thank you for dipping into the forum, trusting that no one will say - look he’s posting again… It takes just one attention seeker. But with this many introverts, I suppose you’re safe.

    The job sounds great. May I ask, you mention ‘third kind’ management… how are the briefs/problems set, do you generate those too? Just curious.

    Posted 1 year ago #
  17. HSpencer

    Master
    Joined: Jul '10
    Posts: 770

    @Jacob

    Good to hear from you. I am amazed you found an apartment in Chicago for under $1000. I do not envy your location but I am sure that even in deadly Chicago there are plenty of things to enjoy. I remember my first visit to Chicago. I arrived in Gary, Indiana on a Saturday evening. I was on military business with another fellow, and we were on our way to Camp Grayling, MI. We stopped for gas and asked some questions. The advice from the gas station man was to be off the streets by dark!! We found a Denny's and had dinner, and lucked into a policeman also eating there. The cop agreed to lead us to a place to stay for the night in South Chicago. The place looked like a fortress with the high chain link fence. All night the sirens and gunshots woke us up. With more directions, the next morning, we went into downtown Chicago to visit the Sears Tower, which was our whole objective for altering our route to MI. In short the tower visit was worth the hassle of seeing it.

    I am pleased your enjoying the new job. Also nice to hear your still into woodworking. Keep us posted, and best regards.
    Herb Spencer

    Posted 1 year ago #
  18. KevinW

    Master
    Joined: Aug '10
    Posts: 577

    Glad to hear you're doing well.

    I'm curious to hear about your thoughts on how well Chicago supports ERE vs. the Bay Area. And whether that changes your mind about any of the ERE City parameters.

    Posted 1 year ago #
  19. sky

    Journeyman
    Joined: Jan '11
    Posts: 196

    Good to see you back here. Being famous must suck.

    Posted 1 year ago #
  20. George the original one

    Expert
    Joined: Jul '10
    Posts: 1,938

    Thanks for the update!

    >The only downside is having to get up at 730 in the morning

    LOL... all this time I imagined you to be a morning person.

    Posted 1 year ago #
  21. dragoncar

    Expert
    Joined: Oct '10
    Posts: 1,287

    Look, he's posting again! If you get found out, maybe you should switch to a pseudonym. I recommend JacobTheOtherOne

    Posted 1 year ago #
  22. Marg

    Novice
    Joined: Oct '11
    Posts: 24

    What a fun job :) I'm glad you decided to post an update here.

    This may not be possible, or even desirable, on these forums but I wanted to share an idea. I was once on a forum that also had some people writing journals and anything posted in the journal forum could only be seen by people who were logged into their accounts and had a certain number of posts. I think they had some other private categories as well. Just in case you want to try harder to avoid the swarm of douchebags :) Other people might like it as well as the information posted wouldn't be available to anyone who wanders by.

    Margaret

    Posted 1 year ago #
  23. beav80

    Apprentice
    Joined: Jul '11
    Posts: 61

    All the best Jacob. You're in an enviable position, but for me this is motivation to keep working and saving like my life depends on it (it does in a way).

    Posted 1 year ago #
  24. teewonk

    Apprentice
    Joined: Jan '11
    Posts: 94

    "This is an unresolved problem: Finding things to do that are fun but don't require any kind of mental or physical effort."

    You could get cable. I hear it's only $79.99/mo, with internet and phone included (introductory rate)!

    Many games don't require a game pad, for example, with the Kinect or even just keyboard and mouse. You could find games that aren't speed critical. I've never played it, but what about Minecraft? I'm not a game person myself, maybe others can recommend.

    I dunno. Playing an instrument, knitting, whittling, doodling, reading, listening to music, hanging out, tea, meditation, paper folding, card games? Anything that doesn't require mental effort can get boring pretty fast, so rotating activities seems necessary.

    "What to do with all those digits on the bank account?"

    Space tourism?

    I'm glad your new phase of life is working out well.

    Posted 1 year ago #
  25. george

    Journeyman
    Joined: Mar '11
    Posts: 211

    Hi Jacob

    Thanks for the update

    Mindless, non physical activities.

    Wasgij, humorous puzzles from the thrift shop. Use a picture painting covered with glass so you can move it around, put it away.

    Pixel puzzles, every picture tells a story. You can find them on the internet, but I prefer the magazine

    http://www.lovatts.com.au/news/puzzles-comps/

    http://www.conceptispuzzles.com/index.aspx?uri=puzzle/pic-a-pix

    Posted 1 year ago #
  26. Seabourne

    Novice
    Joined: Jul '10
    Posts: 25

    Jacob,

    Welcome to Chicago! Glad to hear that things are working out so far - which neighborhood did you end up in? If you're looking for some potential activities, send me a message. Particularly if you're interested in sailing on some of the ships this summer as a volunteer or just to get out once or twice.

    Seabourne

    Posted 1 year ago #
  27. jacob

    Expert
    Joined: Jul '10
    Posts: 3,297

    1) I agree on the social component. I used to do something sportsrelated up to four times per week for my social fill but I gotta dial that back a bit since I have an overtraining injury [tendon]. As it is I haven't figured out anything sufficiently local. It would suck to have to subway it for 45 minutes each way to do something... I dunno yet.

    2) I got the table glued together only to learn that the sunk holes I drilled for the bolts to fit the tabletop to the frame had a too small diameter for the socket [wrench] to get in. ARGH! Woodworking can be so relaxing! There's a lot of tacit intelligence involved. Hundreds of little "rules" that are learned from experience.

    3) I think Chicago is fine for ERE but I think that should only come as a surprise to the "But I don't want to have to live in an RV to retire early"-crowd. One good thing about Chicago is that whereas it would require up to 3 hours of travel to bring 6 people together for a meetup in the bay area, there are at least that many within the city here. A big city certainly has the advantage of being able to cater to and support more people. For example, there are probably more software jobs here than in Dover, NH.

    4) I think the most useful research comes out of at least initially defining the subject and providing some raw material, e.g. "how to adjust this particular carbon dating method for nuclear testing residuals" and then see what comes out. If you want to explore unknown territory you got to at least have a way of getting them and some idea that something might be there. This is where people with more experience are helpful to newbies.

    5) The weather is kinda nice, la nina + global warming does its thing. It's not much colder than the bay area we left. We adjusted rather quickly... in fact I'd say even though the bay area tends to be warmer the day night differences are often almost 30F making the nights feel really cold. Here it's almost constant temperature.

    Posted 1 year ago #
  28. Seabourne

    Novice
    Joined: Jul '10
    Posts: 25

    Jacob - you're being badly spoiled by this winter so far. Chicago can get bitter cold with a wind that cuts. I'm not complaining - I'm loving this mild winter so far, but don't assume that this is anything like normal. Just enjoy it while it lasts :-)

    Posted 1 year ago #
  29. dragoncar

    Expert
    Joined: Oct '10
    Posts: 1,287

    It's hard to characterize Bay area weather -- I think the day/night difference is mostly true in the east/south bay. On the other hand, SF gets more buffering effects from the ocean.

    As for Chicago, all I have to say is http://usfencounter.stfrancis.edu/wp-content/uploads/2012/02/snowstorm-chicago-cars-abandoned-on-lake-shore-drive1.jpg

    Posted 1 year ago #
  30. C40

    Master
    Joined: Feb '11
    Posts: 573

    Note that this winter it has been abnormally warm up in this area.

    Posted 1 year ago #
  31. Scott 2

    Journeyman
    Joined: Feb '12
    Posts: 189

    I joined the forum to thank you for the update Jacob. Glad to hear the job is going well. It would be interesting to see how your lifestyle evolves as your wealth grows.

    Aldi is a great place in Chicago to get food, especially if you shop early on a Saturday or Sunday morning. I assume you are shopping there, but if not, give it a try.

    If your work is in the loop, another option for housing is along one of the metra lines. I managed just fine without a car in the Chicago suburbs for several years. As long as you get a place walking distance to the metra, the travel time is about the same as going across the city. The amount of crime and number of beggars goes down a ton once you get out of reach of the L.

    I would not want to live in the city with a car. Outside of insurance and gas, parking can be a real pain and get quite expensive. Cabs all the way, IMO.

    75% savings rate on top of being almost FI as a couple? Tough problem to have.

    Maybe you are in a position to buy time back? Higher rent for a shorter commute is an option. At the indlugent end of the specturm, you could hire a personal assistant one day a week, have them get your groceries, clean your place, cook food for the week, run laundry, etc... It is something I have considered, but since I am not yet FI, have choosen not to do. I am confident that extra time re-invested in work would more than pay for itself, but I don't wanna work that hard. I also kinda like buying and making my food.

    Investing some of the money in socializing with your coworkers, maybe even going out to lunch or to bars after work, could yield significant returns. It might be fun too.

    Posted 1 year ago #
  32. jacob

    Expert
    Joined: Jul '10
    Posts: 3,297

    Here's a fun observation. My "nightmares" (which I'd rank as annoying rather than terrifying) usually consist of either

    1) Being chased by something (random) and being unable to hit it and make it stop following me---I never get caught either.
    2) School examinations where I'm significantly dumber than I usually am in reality.

    That's pretty much it.

    You don't really need a BA in psychology or be a street corner psychic doing $5 hand readings to interpret that one.

    So here's the interesting thing ... after I quit my career in physics, these dreams stopped within a few days and didn't reoccur for the almost three years I was retired. Now they're back.

    In other news: I cut my equity exposure down to 30% in my tax-deferred accounts. It's getting a little rich for me. Also, thanks to the recent run-up I set a new net worth record.

    Also, this week I had to relearn the following important life lesson: Never discuss index funds with boggleheads. [Closely related life lesson: Never discuss the benefits of the deadlift with water aerobics instructors.]

    Posted 1 year ago #
  33. Dragline

    Master
    Joined: Aug '11
    Posts: 960

    That last paragraph made me laugh pretty hard.

    Try Valerian root for the nightmares. Or some physically exhausting activity. It works for my wife. Whiskey works better for me. ;-)

    Posted 1 year ago #
  34. bigato

    Master
    Joined: Mar '11
    Posts: 917

    Hey! Sometimes I have number one too! And when I try to fight I never win.

    Posted 1 year ago #
  35. beav80

    Apprentice
    Joined: Jul '11
    Posts: 61

    The #1(physical weakness) nightmare, #2(stupidity), and sexual dysfunction or perversion would be pretty common fears that most people would dream about.

    The deadlift thing is funny, speaking as a trainer. "But I feel it in my back."

    Posted 1 year ago #
  36. Landor n Stella

    Novice
    Joined: Dec '11
    Posts: 14

    @ Jacob
    Re: activities for when your brain is fried-
    1. puzzles- it can be relaxing to just look for the pieces
    2. Crochet/knitting- actually, can be manly and you can make your own scarves and hats! Ravelry.com for ideas and instructions. I love this for the repetitive motions
    3. card games- Magic the Gathering is one, Ascension is another idea. Relies on having a playgroup, which could add some social in if you can find a card store nearby

    Posted 1 year ago #
  37. Maus

    Master
    Joined: Jul '10
    Posts: 504

    @Jacob
    Nightmare #2 must be a universal for anyone with a graduate degree and a stressful job. My version is an unshakeable awareness that I have an exam or a paper due in one hour and I am completely unprepared and paralyzed by the consequence of failure.

    I have initiated a similar shift -- though not as aggressively -- in my non-taxable accounts. All new inflows are in a cash-equivalent money market fund that returns a laughable, but stable, 0.01% per year; and I've begun converting the majority of the equities into a Permanent Portfolio. While the PP mantra is that you cannot time the markets, it does seem like time to batten down the hatches based on valuations and the P/E 10.

    Posted 1 year ago #
  38. LiquidSapphire

    Master
    Joined: Jul '11
    Posts: 434

    I have a recurring dream similar to your dream #2 - In my dream I realize that I registered for some class weeks ago and completely forgot about it and just plain stopped going to the class because I forgot I had it on my schedule... and I have a final or midterm Today and I am not at all prepared and I am freaked out about how I am going to catch up and pass. I believe it's linked to general stress and anxiety.

    Posted 1 year ago #
  39. S

    Journeyman
    Joined: Jul '10
    Posts: 288

    I also have a variation on #2. My high school had a complicated class time rotation schedule. I still have nightmares that I'm back in high school on that schedule and can't figure out what class I'm supposed to be in. I used to frequently have dreams about my teeth falling out and filling up my mouth so I couldn't talk which creeped me out, but those are mostly gone now.

    Posted 1 year ago #
  40. Spartan_Warrior

    Master
    Joined: Dec '11
    Posts: 500

    I've had the chase nightmare before, never the examination one. Actually, I rarely remember my dreams at all. So when I do, even if it's a "scary" one, I usually think of it as something pleasant and interesting.

    @Landor and Stella:
    Hah, if you're going all out nerd, I would say skip Magic the Gathering and go for tabletop roleplaying games like Dungeons and Dragons. D&D requires no further investment than a set of dice (rulebooks can be found at a library)--no recurring costs for buying new cards and the like, which I assume is required in card games like Magic.

    </nerd>

    Posted 1 year ago #

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