Early Retirement Extreme Forums

"There are few combinations more dangerous than an intelligent person without knowledge, experience, and wisdom." (page 66)
I understand that an undeveloped intellect is a waste, but what makes it dangerous?..

We will make do. None of the previous environmental boogeymen ended the world as we know. Neither will this one.

<r>@NYC ERE:<br/>
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"I don't appreciate your snarky tone."<br/>
Dad, is that you? :p There's absolutely nothing wrong with snark. If anything, I'm suspicious of people who appear to fear snark and respond with a quasi-authoritarian one-liner instead of a bona fide post. Does this mean you ...

<t>@photoguy<br/>
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(1) Wikipedia is not a valid source. Try again.<br/>
(2) Because most people are uneducated morons who can barely take care of their own bodies, let alone follow elementary security precautions and prophylactic procedures with their PCs. It also ties in with (3) - what ...

<r>Mine isn't an allocation in the traditional sense of the word... I'm a day-trader. When my money isn't in some stock (which lasts mere hours, with me watching it like a hawk to hit the "Sell" button at the first sign of trouble), it's in liquid, cash-like former on my broker's site - until the ...

<t>"an indication that they in fact perceive greater value in the products."<br/>
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Depends on the kind of value. I live in a college town, and most students with Macs that I spoke with said they bought it either because it's a status symbol ("cool," shiny and so on), or because they didn't do ...

<r>I live in Reno, Nevada. It's okay, but you might not want to spend the rest of your life here - not unless you're content with spending it hiding in your basement/bunker and venturing out only to replenish your supplies.<br/>
Southern Nevada (Las Vegas, Henderson) is hot as hell in the summer ...

<r>All Apple computers are grossly overpriced. A PC (be it a desktop or a laptop) purchased for a tiny fraction of the Apple price can do just as much. All that's required is basic knowledge of web hygiene, a simple antivirus (and there are many free ones that work great) and, well, that's pretty ...

<t>I have some friends in Omaha, Nebraska and they all say that Lincoln is a really racist place... Nebraska has really cheap real estate (you can rent an entire house for just $300 a month in Omaha!) but there are a lot of issues with race: high tension between whites and minorities, "bad" parts of ...

I need to crunch the numbers on this one, but I guesstimate that I save about 60% of my after-tax income. And when I say "save," I mean "invest" - and rather aggressively.

<r>This forum is fantastic: <URL url="http://slickdeals.net/forums/forumdisplay.php?f=45">http://slickdeals.net/forums/forumdisplay.php?f=45</URL><br/>
It's not about ERE per se - just finances, saving and investing in general. It gets quite a lot of traffic and there are 779 topics in the archive ...

<r>@JohnnyH<br/>
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"All casino games have a negative expectancy, no?"<br/>
Not quite. If you know your basic strategy and can memorize a good counting system in blackjack - and it helps if the casino in question has favorable rules - the odds can be anywhere from 0.5 to 5% in your favor. That ...

Only because he has run out of companies to buy here in the States. You're a smart guy, Jacob, but some of the things you say sound so unsubstantiated that I have to wonder whether you get most of your news from FOX...

<t>@jacob:<br/>
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I see what you're saying. True, there is that perverse incentive, but I believe that only a small minority remain unemployed because of that. Consider this: if most people were so wretched and lazy, the unemployment would constantly hover around 10%. Seeing how it's normally in ...

<r>@jacob:<br/>
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Don't panic. <E>:)</E> As Warren Buffett said at this year's Woodstock for Capitalists, the United States will never go under as long as dollar is a major currency and we have the printing presses. The major difference between us and Ireland&Greece is that they can't print ...

No expenses! Outdoors! ERE! Discuss.

<t>@Maus:<br/>
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Ouch! O_o I had no idea people pay *that* much for health insurance... I pay ~$50 a month for my employer's healthcare program.<br/>
@jacob:<br/>
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"One reason that the poor don't save is that savings would disqualify them from some assistance programs."<br/>
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I think ...

<t>Just playing the devil's advocate here, but:<br/>
Consider car insurance. You *must* have it if you want to drive a car. Most people think of themselves as above-average drivers, and don't think they'll ever get in an accident - until they do. That's when the insurance comes in: instead of paying ...

<r>@Marius<br/>
Look up the Pattern Day Trading Rule. It was passed by Bush during his first year in the office and pretty much ensures that the day-trading craze will never happen again. <E>:(</E> Essentially, you can't make more than 3 day-trades per week if you have less than $25,000 in your ...

<r>@jacob<br/>
I had a relative who was a long haul tracker. There is a HUGE bias against young people in that industry - for the most part, they're believed to be unreliable and stupid. <E>:(</E> I can't see an 18-year-old (or anybody under 25, for that matter) getting that job unless they have ...