Search found 585 matches

by Bankai
Fri Dec 06, 2019 5:05 pm
Forum: ERE Journals
Topic: Too Old To Retire "Young"
Replies: 499
Views: 103078

Re: Too Old To Retire "Young"

What I can tell you, in my role as your future self, is that life is short and goes by pretty fucking fast. Staying in a job you hate is not worth the extra $200 a month or whatever it works out to be on your future SWR. You can’t buy back the lost mental and physical health, lost friendships, etc....
by Bankai
Fri Dec 06, 2019 1:15 pm
Forum: Money Questions
Topic: Expat income, banking, and flag theory
Replies: 57
Views: 8101

Re: Expat income, banking, and flag theory

When fraud is carried out (forged check, improper card charges, fake ATM stole your account), it's much easier at the bank to deal with someone that knows you. That was the case maybe two decades ago. Nowadays they just refer you to a contact centre to deal with it (there are no fraud advisors base...
by Bankai
Fri Dec 06, 2019 10:31 am
Forum: Money Questions
Topic: Brokerage Diversification
Replies: 14
Views: 1262

Re: Brokerage Diversification

Or £85k
by Bankai
Fri Dec 06, 2019 8:11 am
Forum: Politics, and other eternal disagreements
Topic: Piracy and Illegal Downloads
Replies: 17
Views: 586

Re: Piracy and Illegal Downloads

I think there was a topic on this subject years ago where people started calling each other thieves. So yeah, very charged topic. Everyone has their own morality (as per H.Browne) so do what you want to do. I was in a firm no camp until reading a bunch of essays on the subject at mises.org. consider...
by Bankai
Fri Dec 06, 2019 4:27 am
Forum: ERE Journals
Topic: Frugal chicos journal
Replies: 376
Views: 52867

Re: Frugal chicos journal

This kind of job usually yields decent tips as well.
by Bankai
Thu Dec 05, 2019 12:48 pm
Forum: ERE Journals
Topic: reepicheep's journal
Replies: 74
Views: 13555

Re: reepicheep's journal

I own a small one. It runs 100% of the time. It's probably helping, but not enough. How much water does it pull a day? Ours is mid-sized and able to pull up to 10l per day. When we first switched it on, the humidity in our flat was 95%. After a day, it went down to mid-60s. Since then we have it on...
by Bankai
Wed Dec 04, 2019 11:22 am
Forum: ERE Journals
Topic: reepicheep's journal
Replies: 74
Views: 13555

Re: reepicheep's journal

jacob wrote:
Wed Dec 04, 2019 10:28 am
The only solution is either to keep the temperature high (so 65F) or keep the windows open even during winter.
Dehumidifier?
by Bankai
Wed Dec 04, 2019 8:42 am
Forum: Health Questions
Topic: How to save your muscles and joints when exercising
Replies: 12
Views: 325

Re: How to save your muscles and joints when exercising

Hmm interesting, I read the exact opposite that runners actually have much stronger joints than non-runners. which seems logical since most body parts seem to improve when under pressure. Obv. people running half-marathon every day will be in trouble long term, but casual running few times a week sh...
by Bankai
Wed Dec 04, 2019 6:49 am
Forum: Health Questions
Topic: Getting old sucks
Replies: 68
Views: 10038

Re: Getting old sucks

There are plenty of examples of people in advanced age maintaining good mental and physical health. I just watched a fairly recent interview with Charlie Munger - his succinct answers are pretty impressive for 95 years old. Definitely still sharp, even if the body is not what it used to be. However,...
by Bankai
Wed Dec 04, 2019 6:38 am
Forum: Health Questions
Topic: Quitting Alcohol Pros and Cons
Replies: 33
Views: 4748

Re: Quitting Alcohol Pros and Cons

I'm in a similar situation. I was a fairly big drinker in high school/at uni, but ever since I started working, I drink less and less. Nowadays I average one bottle of beer per week, more when on holidays. I just don't think the tradeoff (bad hangovers and the next day often wasted completely, money...
by Bankai
Tue Dec 03, 2019 2:02 pm
Forum: ERE Journals
Topic: Bankai's Journal
Replies: 132
Views: 24809

November update

Finances Expenses in November were £1,942 or £971 per person (1.66 JAFI annualised). Excluding the capital part of the mortgage payment, expenses were £1,728 or £864 per person (1.47 JAFI annualised). Other than food and bills, we spent £1,087 (!) on everything else. Main contributors were: £858 - ...
by Bankai
Mon Dec 02, 2019 5:28 pm
Forum: ERE Journals
Topic: Lemur Journal!
Replies: 255
Views: 42765

Re: Lemur Journal!

I like this metric and I'm using it as well for some time now. Framing it like 'this month I work to pay my mobile bill forever. The next three months will clothe me for the rest of my life' makes it both more fun and tangible at the same time. Also, if you do this type of framing starting with most...
by Bankai
Mon Dec 02, 2019 5:21 pm
Forum: ERE Journals
Topic: bigato's journal
Replies: 443
Views: 62846

Re: bigato's journal

I wonder if you read any of the books below, and if yes, what are your thoughts? (Douglas, Elder and classic Livermore are more relevant to what you are doing while Mivervini and O'Neil just offer generally good advice (imo)). Personally, I prefer these kinds of books written by practitioners, over ...
by Bankai
Mon Dec 02, 2019 3:07 pm
Forum: Money Questions
Topic: How much do you save into pension (UK)?
Replies: 9
Views: 488

Re: How much do you save into pension (UK)?

This is something similar to what one of my co-workers is doing; he's also only a few years away and has some side income to supplement, so he only takes a minimum wage from his main office job. Meaning no income tax & very little NI - saves probably £8-9k in taxes per year. Now, being over 2 decade...
by Bankai
Mon Dec 02, 2019 2:38 pm
Forum: Work & Education
Topic: How to last another 3 yrs at my job? Advice?
Replies: 72
Views: 2515

Re: How to last another 3 yrs at my job? Advice?

Personally, I've been there and would go mad by now if I stayed. Having left and later discovered that it's possible to have a job that's both decently paid and not soul-sucking, I'd never do the 'I'll be miserable now for maybe better future' thing again. But you do you, I just think it's a box. On...
by Bankai
Sun Dec 01, 2019 5:45 pm
Forum: Money Questions
Topic: On the crossroads – should I accept a promotion, ask for more money or quit and do semi-ERE?
Replies: 19
Views: 1850

Re: On the crossroads – should I accept a promotion, ask for more money or quit and do semi-ERE?

Actually, it looks that way - I saved half of what I need (12.5x annual expenses) and there's no pressure anymore. I stay where I am as money is OK, the job is still interesting, and the boss and colleagues nice. And, I have no desire for another promotion or starting from scratch somewhere else. Bu...
by Bankai
Sun Dec 01, 2019 4:22 pm
Forum: Money Questions
Topic: How much do you save into pension (UK)?
Replies: 9
Views: 488

Re: How much do you save into pension (UK)?

Yeah, I'm assuming private pension age will soon be linked to state pension age (-10 years) and that state pension age won't go above 70. So, instead of at 55, private pension won't be available until 60.
by Bankai
Fri Nov 29, 2019 7:46 pm
Forum: Money Questions
Topic: How much do you save into pension (UK)?
Replies: 9
Views: 488

Re: How much do you save into pension (UK)?

Yeah, the age going up is a bit concerning, but on the other hand, it won't go up much more since it's already very high. Two more years won't make that much of a difference and I don't see it going up beyond 70, since, well, very few people so old are able to work anymore. As for tax benefits, that...
by Bankai
Fri Nov 29, 2019 5:23 pm
Forum: Money Questions
Topic: How much do you save into pension (UK)?
Replies: 9
Views: 488

How much do you save into pension (UK)?

The question specifically aimed at forumites from the UK and other countries, where unlike in the US, you can't access your pension pot prior to reaching eligible age (unless terminally ill). Saving up to employer's match seems a no-brainer. Bypassing 33%* (or more if you're a higher rate taxpayer) ...
by Bankai
Thu Nov 28, 2019 7:12 pm
Forum: ERE Journals
Topic: Bankai's Journal
Replies: 132
Views: 24809

Re: Bankai's Journal

I don't and I haven't for a while. Looking back at when I started my ERE journey almost 7 years ago, that title was somewhat justified. Not as much by my external circumstances, but by my state of mind at the time. I only had £4k in assets to my name (locked for another quarter-century in a pension)...