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[namesarehard]

x

[rube]

You are in a great position for a truly ERE!
I am curious for the next 5-6 years

[Dragline]

Yes, as Senator Palpatine said in Episode One: "We will watch your [ERE] career with great interest."

https://www.youtube.com/watch?v=67h8GyNgEmA

[JeanPaul]

Your investment strategy sounds textbook awful, epitomizing the tendencies that causes actual investors to hugely underperform the market - market timing and sitting out of the market, buying no-long-term return commodities, etc. At least you aren't planning to trade too much, although you admit you have a past history of speculation. However, as you say, with that savings rate, your investment strategy isn't particularly important. But in all good will, I would advise devoting your time to one of your 36 other hobbies.

[JamesR]

should & must.. Boy do I struggle with that, and rarely do what I must. Good article.

I think people would likely tell you that trying to time the market isn't going to work, on the other hand it's not a bad idea to have a big allocation of your portfolio in cash. You might find it useful to do some variation of PP/GB https://portfoliocharts.com/2016/04/18/ ... butterfly/

[thrifty++]

Wow your new york rent sounds amazing. How cool to leave in such an amazing city at that rent. Are you in Manhattan?
My city needs rent controls.

[Kriegsspiel]

Dude, me too! Fuck it, why doesn't everywhere just have rent control? It sounds like a pretty sweet idea.

[namesarehard]

@Dragline
I'll do my best to stay on track and not go anakin! Although that brings up the question, is ERE light side or dark side of the force

@JamesR -
Interesting stuff with the permanent portfolio/golden butterfly! Now I'm tempted to try to figure out a way to value average those portfolios against market cycles in each asset class. (although doing so may be beyond my investing expertise right now)

@thrifty++ and Kriegsspiel
Yes I'm in Manhattan, and got super-lucky with my situation. Rent control is fairly hard to get here, the only people I've met who have it have either lived here for 30+ years, or live(d) in my apartment. My coworkers are all paying ridiculous rent.

Your comment does remind me that I really shouldn't let myself take the city for granted. A friend and I had a similar realization last weekend while taking a ferry inwards - it makes me want to try to build these thoughts into my meditation practice.

[namesarehard]

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[namesarehard]

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[Chris]

We just got some new senior managers at work, who I happen to absolutely love.

Glad to hear that aspect of your life is turning positive!

[banker22]

How's it going?

[Jason]

If you pull this off, you should write a book. Seriously. I lived in NYC on that money and it was just a bunch of Kafka.