Search found 850 matches

by white belt
Mon Sep 20, 2021 5:22 pm
Forum: ERE Journals
Topic: Lemur Journal!
Replies: 618
Views: 145778

Re: Lemur Journal!

When I look at my list of options trades I see W, W, W, W, W, W, L, W, W, W, W, L ...etc...and as long as I am in the green I am making money that I otherwise would not have in the end. I do not test the full margin ability of my account (no need to overleverage when you're as close to FI as I am)-...
by white belt
Sun Sep 19, 2021 7:03 pm
Forum: ERE Journals
Topic: White Belt's Military Journey to FI
Replies: 169
Views: 30455

Re: White Belt's Military Journey to FI

You have x free hours a day. Your goals are y. How do you use those x free hours to get to y? You state your goals are not spending 1 JAFI rather it is the environmental impact so related. So what could you do in those x free hours to either improve the world or invest in yourself so that you could...
by white belt
Sun Sep 19, 2021 5:16 pm
Forum: ERE Journals
Topic: White Belt's Military Journey to FI
Replies: 169
Views: 30455

Re: White Belt's Military Journey to FI

IME, living with an SO is not significantly cheaper or more expensive than not living with an SO, the expenses just shift a bit. It's hard to get below 1 JAFI if you've got a car, don't cook all your meals and aren't living in the cheapest possible/ most creative housing you can find. I was just go...
by white belt
Sun Sep 19, 2021 4:58 pm
Forum: ERE Journals
Topic: White Belt's Military Journey to FI
Replies: 169
Views: 30455

Re: White Belt's Military Journey to FI

I get the renaissance man ideal, but low spending is a byproduct, not the driver. Chasing 1 Jacob is an attempt to back into it. It's not the only path there. That lifestyle has time demands that also come at an opportunity cost. Broadly diversifying your sinks of human capital is expensive, relati...
by white belt
Sun Sep 19, 2021 4:18 pm
Forum: ERE Journals
Topic: White Belt's Military Journey to FI
Replies: 169
Views: 30455

Re: White Belt's Military Journey to FI

Thanks everyone for the comments. Lots of food for thought. Yeah, in my experience, global collapse is an even less popular conversation topic than inflammatory bowel disease. Right. This relates to the common advice of focusing on freedom to vs. freedom from in the FIRE sphere. I think in general i...
by white belt
Sat Sep 18, 2021 5:14 pm
Forum: ERE Journals
Topic: White Belt's Military Journey to FI
Replies: 169
Views: 30455

Re: White Belt's Military Journey to FI

The lentil baby concept wasn’t financially necessary for me except to the extent that I was trying to get my expenses below 1 jacob (see 1st world guilt above) and I couldn’t afford to do that by the method of paying cash for house in middle class neighborhood. Right and in the same vain I can affo...
by white belt
Sat Sep 18, 2021 3:48 pm
Forum: ERE Journals
Topic: White Belt's Military Journey to FI
Replies: 169
Views: 30455

Re: White Belt's Military Journey to FI

Well, one reason why the merchant mentality was looked down upon in previous eras was because it does tend towards making you think about everything in terms of money. The modern salaryman in some ways is more like the old school wealthy who derived their income from 5% government bonds, because in...
by white belt
Fri Sep 17, 2021 3:19 pm
Forum: ERE Journals
Topic: White Belt's Military Journey to FI
Replies: 169
Views: 30455

Re: White Belt's Military Journey to FI

@Ego I will definitely talk to my landlord. As far as I know this is the only property he owns but he is getting up there in age and I have already assisted him once with getting a new water heater into the basement. There may be other physical/repair tasks he would like assistance with. I was mostl...
by white belt
Thu Sep 16, 2021 4:55 pm
Forum: ERE Journals
Topic: White Belt's Military Journey to FI
Replies: 169
Views: 30455

Re: White Belt's Military Journey to FI

Obvious answer is to find a SO who earns significantly more than you, already has a place, and wants home-cooked meals. Well I think that would certainly be an easy option. I will note that my last GF was a medical student with her own house, so not exactly a high earner yet but would have been in ...
by white belt
Thu Sep 16, 2021 3:10 pm
Forum: ERE Journals
Topic: White Belt's Military Journey to FI
Replies: 169
Views: 30455

Re: White Belt's Military Journey to FI

I've been thinking more and more about getting to 1x JAFI expenses. I don't want to jinx myself yet since we're only halfway through September, but I'm on track for very low expenses this month. I've still been cooking all of my own food and I think I'm pretty much settled into that habit so I don't...
by white belt
Thu Sep 16, 2021 2:04 pm
Forum: ERE Journals
Topic: Fox's Journey: And Onto the Sunlight!
Replies: 936
Views: 191616

Re: Fox's Journey: And Onto the Sunlight!

Finally, I could join the army corps of engineers as an officer and hope they use my gis/geology and don’t require me to get the poke. Going the officer route on active duty for a specific job in the Army can be a bit of a crapshoot. Although in theory if you want to be an Engineer and have requisi...
by white belt
Wed Sep 15, 2021 10:13 pm
Forum: ERE Journals
Topic: White Belt's Military Journey to FI
Replies: 169
Views: 30455

Re: White Belt's Military Journey to FI

@theanimal @macg I have seen both arguments made in regards to the egg debate. The official USDA stance is that commercially bought eggs should remain refrigerated due to risk of salmonella penetrating the shell since the bloom has been washed off. There is also risk associated with condensation. On...
by white belt
Wed Sep 15, 2021 6:45 pm
Forum: ERE Journals
Topic: White Belt's Military Journey to FI
Replies: 169
Views: 30455

Re: White Belt's Military Journey to FI

@mooretrees Thanks for the recommendation, I'm going to give the metal toe clips a try. __________________________________ I still hate how much I rely on electricity for daily living tasks. For example, today the power was out when I got home from the gym, which meant that I couldn't open the fridg...
by white belt
Tue Sep 14, 2021 3:30 pm
Forum: Skills & Tools Questions
Topic: Fixit Log
Replies: 417
Views: 87123

Re: Fixit Log

Well my back wheel stayed true for about 2 weeks and on my ride home from work last night it started to rub on the fender again. It's like the wheel progressively got bent again during the ride even though I didn't hit any major bumps. I haven't had issues in the past with the back wheel before this...
by white belt
Sun Sep 12, 2021 5:27 pm
Forum: ERE Journals
Topic: 7Wannabe5- Take 7- The Money Dimple
Replies: 346
Views: 34231

Re: 7Wannabe5- Take 7- The Money Dimple

It's interesting to me that one of the geographical areas most likely to be livable in a few decades is still so clearly in economic decline. I joked to the Permaculture Manager that the city was going to be the Gateway to the North in 20 years when all the climate change refugees start flowing thr...
by white belt
Sun Sep 12, 2021 5:10 pm
Forum: Lifestyle Questions
Topic: East vs West - Rugged Individualism vs. Lying Flat
Replies: 10
Views: 776

Re: East vs West - Rugged Individualism vs. Lying Flat

Kristy from Millenial Revolution talks about the dynamic of filial piety, cultural expectations, and FIRE on her blog: https://www.millennial-revolution.com/build/case-study/irresponsible-parents/ https://www.millennial-revolution.com/freedom/the-power-of-forgiveness/ After reading both those posts...
by white belt
Sat Sep 11, 2021 10:52 am
Forum: ERE Journals
Topic: White Belt's Military Journey to FI
Replies: 169
Views: 30455

Re: White Belt's Military Journey to FI

I'm partial to metal toe clips for bicycle pedals. I like their firmness and you can just use normal shoes with them. Here's an example I found on amazon: https://www.amazon.com/MKS-STL-Toe-Clips-Medium/dp/B006499DJA/ref=asc_df_B006499DJA/?tag=hyprod-20&linkCode=df0&hvadid=416727384120&...
by white belt
Sat Sep 11, 2021 10:49 am
Forum: Money Questions
Topic: Examining Inflation
Replies: 178
Views: 20139

Re: Examining Inflation

What about measuring the price of items in gold as the denominator rather than a fiat currency? See here: http://pricedingold.com/ Using charts from that site one would come to the following [counter-intuitive] conclusions: -S&P500 is currently on par with prices in the late 1960s and half of it...
by white belt
Sat Sep 11, 2021 6:57 am
Forum: Money Questions
Topic: Investments Trade Log
Replies: 2632
Views: 547142

Re: Investments Trade Log

Before you get too generous with nominal profits just remember that you need 20-40% returns annually just to keep up with going rate of money printing. What are your preferred figures/charts/metrics to track the rate of fiat currency devaluation? Obviously the DXY doesn’t work when every central ba...
by white belt
Sat Sep 11, 2021 6:54 am
Forum: Lifestyle Questions
Topic: East vs West - Rugged Individualism vs. Lying Flat
Replies: 10
Views: 776

Re: East vs West - Rugged Individualism vs. Lying Flat

Isn’t this a function of population density and resource availability? Societies that have lower population density and greater natural resources per capita tend to be more individualistic because you don’t need to worry about others as much (this was the selling point of the New World). USA is more...