Search found 703 matches

by Bankai
Sun Mar 29, 2020 5:03 pm
Forum: Money Questions
Topic: Investments Trade Log
Replies: 1981
Views: 347278

Re: Investments Trade Log

Coronavirus: Six months before UK 'returns to normal' - deputy chief medical officer https://www.bbc.co.uk/news/uk-52084517 This is the first time the UK government hinted at just how long the lockdown might really be in place. The implications on GDP/economy will be on a scale not seen before. In m...
by Bankai
Sat Mar 28, 2020 9:39 pm
Forum: Lifestyle Questions
Topic: Is this a turning point in your life?
Replies: 38
Views: 2063

Re: Is this a turning point in your life?

I don't see why you can only meaningfully compare East and West in the last 150 years? Looking at things like area/population/economy/army/culture etc. the one time Europe was a match for China was when it was united under Rome. Ever since small nation-states, it doesn't have nearly enough punching ...
by Bankai
Sat Mar 28, 2020 8:10 pm
Forum: Lifestyle Questions
Topic: Is this a turning point in your life?
Replies: 38
Views: 2063

Re: Is this a turning point in your life?

this has never happened before in human history to my knowledge. China is around for 4000 years and in their minds, Europe is just an Asian peninsula. Up until Enlightenment and later industrial revolution, Europe was irrelevant in grand (world) scale and the US didn't even exist. China is just reg...
by Bankai
Sat Mar 28, 2020 7:48 am
Forum: Resources & Recommended Reading
Topic: The money, job, marriage myth: are you happy yet?
Replies: 20
Views: 880

Re: The money, job, marriage myth: are you happy yet?

Apparently you're not allowed to be unhappy or have any problems if you live in a 1st world country.
by Bankai
Fri Mar 27, 2020 6:27 pm
Forum: Skills & Tools Questions
Topic: VPN recommendations?
Replies: 9
Views: 296

VPN recommendations?

I'm looking to start using a VPN (I know, should've done this years ago but better late than never). After reading some reviews online, the consensus points to ExpressVPN as the clear winner. But it comes with a £75 a year price tag - a bit pricey for something I was doing without for years. What VP...
by Bankai
Fri Mar 27, 2020 8:44 am
Forum: Health Questions
Topic: COVID-19
Replies: 1600
Views: 110422

Re: COVID-19

Quite a lot of high profile politicians in the UK already got it: Prince of Whales:), UK Health Secretary and now BoJo to name a few. Is it a chance, the fact that they meet a lot more people each day or has the virus spread much wider than suspected?
by Bankai
Thu Mar 26, 2020 9:11 pm
Forum: Work & Education
Topic: How to make more money without much of any schooling?
Replies: 50
Views: 4651

Re: How to make more money without much of any schooling?

+1 to a personal trainer route - you should be able to make $50k+ once you've built a client base. Do PTs really need a license though? I'd not worry about one unless law requires it.
by Bankai
Wed Mar 25, 2020 9:11 pm
Forum: Money Questions
Topic: Stock Market Blood Bath
Replies: 77
Views: 7312

Re: Stock Market Blood Bath

bostonimproper wrote:
Wed Mar 25, 2020 7:27 pm
Bets on the recent rally reversing or staying the course?
Short term rally within a bear market. Good time to sell into strength before another leg down.
by Bankai
Wed Mar 25, 2020 9:10 pm
Forum: Money Questions
Topic: Investments Trade Log
Replies: 1981
Views: 347278

Re: Investments Trade Log

Singapore GDP -10.6% in Q1 and they didn't even have a lockdown. It's going to be brutal for the West - Q2 GDP the worst on record? What's the chance the stock market bottomed?
by Bankai
Wed Mar 25, 2020 9:03 pm
Forum: Money Questions
Topic: The AirBnB and house hacking bubbles
Replies: 19
Views: 1190

Re: The AirBnB and house hacking bubbles

On a more general note, the current crisis is punishing bad decisions/planning/strategies at all levels (as all crises do): 1) countries are punished for lack of decisiveness/slow response and lack of preparations: what could've been closing borders is now closing borders, halting economy for months...
by Bankai
Wed Mar 25, 2020 6:56 pm
Forum: ERE Journals
Topic: Bankai's Journal
Replies: 141
Views: 32699

Re: Bankai's Journal

Thanks for reading! I was considering discontinuing this journal for some time now so it's good to see that it's still useful for someone. re: job - when I came across ERE (Dec 2012) I was working a pretty awful job in a call center and my motivation was to escape from it by saving 25x expenses. It'...
by Bankai
Wed Mar 25, 2020 6:09 pm
Forum: Health Questions
Topic: COVID-19
Replies: 1600
Views: 110422

Re: COVID-19

Russia? Please. See "Chernobyl". I'd sooner trust Bernie Madoff's numbers. It's not just Russia. I suspect the whole of Middle-Eastern and Eastern Europe has no idea what is happening within their borders. Some anecdotes from Poland (officially only c. 1k cases): - Since the country is totally not ...
by Bankai
Wed Mar 25, 2020 2:22 pm
Forum: Health Questions
Topic: COVID-19
Replies: 1600
Views: 110422

Re: COVID-19

by Bankai
Wed Mar 25, 2020 6:07 am
Forum: Health Questions
Topic: COVID-19
Replies: 1600
Views: 110422

Re: COVID-19

Harari on possible consequences of current pandemic:

https://www.ft.com/content/19d90308-685 ... V9z-10e6JY
by Bankai
Mon Mar 23, 2020 12:38 pm
Forum: Health Questions
Topic: COVID-19
Replies: 1600
Views: 110422

Re: COVID-19

Lecture by Chief Medical Officer for England Prof Chris Whitty, the man in charge of the UK COVID-19 strategy: How to Control a Pandemic

https://www.youtube.com/watch?v=rn55z95 ... 78008299b2
by Bankai
Mon Mar 23, 2020 6:39 am
Forum: Money Questions
Topic: Investments Trade Log
Replies: 1981
Views: 347278

Re: Investments Trade Log

How low can it go? If this guy is right, very low indeed, maybe half of the current levels? Federal Reserve Bank of St. Louis President James Bullard predicted the U.S. unemployment rate may hit 30% in the second quarter because of shutdowns to combat the coronavirus, with an unprecedented 50% drop ...
by Bankai
Sun Mar 22, 2020 6:13 am
Forum: Money Questions
Topic: Value of ERE in a COVID World
Replies: 23
Views: 1416

Re: Value of ERE in a COVID World

Before we get to the "food shortage" stage, governments are going to decide that the death toll from the pandemic is a lower cost than the crumbling of society as we know it. Exactly. The main goal of a government is to keep power and food shortages are not compatible with this goal since they have...
by Bankai
Sat Mar 21, 2020 10:04 am
Forum: Money Questions
Topic: Investments Trade Log
Replies: 1981
Views: 347278

Re: Investments Trade Log

Seppia wrote:
Sat Mar 21, 2020 7:43 am
What are you doing with your money?
20% in equity in our flat, 25% in pension (index tracker) and 55% in cash. Every month 15% of the paycheck goes into the pension and the rest goes to cash. My plan for the 55% is to gradually deploy it into stocks but now is not the time yet.
by Bankai
Sat Mar 21, 2020 6:01 am
Forum: Money Questions
Topic: Investments Trade Log
Replies: 1981
Views: 347278

Re: Investments Trade Log

I agree with most of what you wrote, however, I'm not convinced about these 2 points: I must allocate a relatively important amount of funds every month. Unless you consider doing nothing to be allocating into cash, then no, you don't have to allocate every month. Doing nothing is a valid option and...
by Bankai
Sat Mar 21, 2020 4:51 am
Forum: Money Questions
Topic: Investments Trade Log
Replies: 1981
Views: 347278

Re: Investments Trade Log

You can never be 'sure' what the market will do. What makes you think the market will quickly recover from this level? The world - at lest the West - is heading for a pretty bad recession, possibly one of the worst in a century. The West is killing its' economies to 'save lives' (to me it looks more...