Search found 299 matches

by Dave
Fri Feb 28, 2020 3:09 pm
Forum: Money Questions
Topic: Investments Trade Log
Replies: 1979
Views: 346803

Re: Investments Trade Log

@ToFI Berkshire may only be able to grow its (all-in, meaning operating businesses + look through stock portfolio) earnings power at say 8% for the foreseeable future, but its price relative to its earnings power is meaningfully lower than the S&P500. Plus, a massive portion (I think it's 1/5 or so ...
by Dave
Thu Feb 27, 2020 1:33 pm
Forum: Money Questions
Topic: Trade going against me - your opinion?
Replies: 19
Views: 2452

Re: Trade going against me - your opinion?

Investing is one of those things where everyone has to find the method that works best for them (it's not the same for everyone). The optimal strategy varies because of differences in time, skill, temperament, risk tolerance, etc. We have to work with who we actually are to find the best strategy fo...
by Dave
Fri Feb 21, 2020 10:25 pm
Forum: Money Questions
Topic: Investing for Collapse
Replies: 36
Views: 3544

Re: Investing for Collapse

Every asset's present value is calculated as taking its future cash flows and discounting them back to today at an appropriate discount rate. To do this, you need to be able to calculate its future cash flows with some level of reliability and then determine an appropriate discount rate. If you pay ...
by Dave
Sat Jan 11, 2020 5:59 pm
Forum: Health Questions
Topic: Routines for general health and longevity
Replies: 5
Views: 1120

Re: Routines for general health and longevity

Aloha, FOOD My eating is very similar to what you described as your goal - Med Diet, ~8 hour eating window, etc. An average day for me involves a lunch that is a green salad (type of green varies) with a lot (I'm talking literally a can's worth, although I make them from dry) of chickpeas, a handful...
by Dave
Fri Jan 10, 2020 3:58 pm
Forum: Money Questions
Topic: Cash or card?
Replies: 38
Views: 3637

Re: Cash or card?

Most of the time, I use a 2% cash-back credit card that allows me to deposit the cash directly into a brokerage account. While this could be essentially accomplished with an additional step on many cards, I enjoy the direct link. About a year ago we started playing the sign-on bonus game a bit. For ...
by Dave
Tue Dec 31, 2019 1:19 pm
Forum: Work & Education
Topic: Is CFA worth it?
Replies: 6
Views: 1031

Re: Is CFA worth it?

At one point I looked pretty seriously into the CFA and came to the same conclusions as Jacob. I was a CPA for a living and was about to leave accounting to manage my own money, and was considering whether the CFA would be valuable in helping me do so. I decided it was not and just did self-educatio...
by Dave
Sun Nov 24, 2019 4:32 pm
Forum: Skills & Tools Questions
Topic: Cooking Levels (Wheaton Scale)
Replies: 52
Views: 4171

Re: Cooking Levels (Wheaton Scale)

Fun concept! @AnalyticalEngine - It may not be clear from Daylen's post, but I think he is basing level 4 off the concepts in the book Salt Fat Acid Heat . I read it earlier this year and my cooking has improved substantially. Nosrat is more of an intuitive cook and the book definitely will help mov...
by Dave
Tue Nov 12, 2019 7:00 pm
Forum: ERE Journals
Topic: Dave's Journal - documenting the path to FI
Replies: 76
Views: 16483

Re: Dave's Journal - documenting the path to FI

@Bigato - It is true it would be cheaper to go that route, since ~7 days it breaks even between $200/month and $30/day. If it were easy to just go find a 1 month agreement reasonably close, that would be better, yes. In talking/meeting with people on Craigslist to feel this out, a good portion of th...
by Dave
Mon Nov 11, 2019 1:00 pm
Forum: ERE Journals
Topic: Dave's Journal - documenting the path to FI
Replies: 76
Views: 16483

Re: Dave's Journal - documenting the path to FI

@Bigato I live in a very densely populated tourist area with very limited parking where daily/overnight rates are much higher than buying a monthly parking pass. For example, the parking in the building I live in costs $35/day if you park overnight, but $200/month if you are able to get a monthly pa...
by Dave
Mon Nov 11, 2019 2:09 am
Forum: ERE Journals
Topic: Dave's Journal - documenting the path to FI
Replies: 76
Views: 16483

Re: Dave's Journal - documenting the path to FI

Thanks for the responses, all. @Bigato - That is a good suggestion, and I appreciate your additional comment about the potential for emotional influence. Your recommendation to rent through Uber (or Lyft, since they offer this too) is a good suggestion for testing out driving for a rideshare company...
by Dave
Sat Nov 09, 2019 4:06 pm
Forum: ERE Journals
Topic: Dave's Journal - documenting the path to FI
Replies: 76
Views: 16483

Fishboning a Car Purchase

2019 has been going well so far. I’ll do a full update in a few months, but this post is actually posing a specific question to the hive mind of the forum. Due to a couple of factors – my wife accepting an in-person job with an hour commute each way that recently went full-time and my personal desir...
by Dave
Tue Sep 17, 2019 7:15 pm
Forum: Money Questions
Topic: The 4% Rule – A Castle in the Air
Replies: 118
Views: 13478

Re: The 4% Rule – A Castle in the Air

I acknowledge the advantages of margins and pricing power, particularly for consumer staple stocks, but that doesn’t justify a price heading toward infinity. I don't want to put words in Seppia's mouth, but I get the impression he is saying that if you bought an asset like a stock at $100 and it pa...
by Dave
Wed Jun 26, 2019 6:01 pm
Forum: Lifestyle Questions
Topic: Grocery Bill: The Most Difficult Thing to Give Up.
Replies: 40
Views: 7318

Re: Grocery Bill: The Most Difficult Thing to Give Up.

Welcome! I'm with Bigato - please post your spending and we can give specific feedback. But, you've given enough clues to point out what the likely "problems" are. Basically, animal products are expensive. Meat, especially organic like the chicken you mentioned, is extremely expensive by a calories/...
by Dave
Thu May 02, 2019 1:48 pm
Forum: Work & Education
Topic: Small Business/NFP Feasibility
Replies: 2
Views: 789

Re: Small Business/NFP Feasibility

My first thoughts was that this sounds like a non-profit venture and your best bet would be to set it up that way and apply for grants from your local government... https://www.prattlibrary.org/research/tools/index.aspx?cat=107&id=5750 Where I live, the local government funds a group that goes arou...
by Dave
Mon Apr 29, 2019 10:41 am
Forum: Work & Education
Topic: Small Business/NFP Feasibility
Replies: 2
Views: 789

Small Business/NFP Feasibility

Hi everyone, I am giving some thought to a new venture and I want to tap the ERE hive-mind for feedback. I am early in the planning process, so some of this will be a little vague and not fully fleshed out, but I am looking for opinions. Overview The quick background is that every Sunday I have been...
by Dave
Mon Apr 29, 2019 8:43 am
Forum: ERE Journals
Topic: Fox's Journey: And Onto the Sunlight!
Replies: 923
Views: 152589

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

Hey THF, haven't messaged you in a while. Just wanted to drop in and say you're making solid progress. I think taking the time, like you're doing, to be grateful for how far you've come is a great life practice to do periodically. Like you said, as long as you keep moving forward on the dimensions t...
by Dave
Mon Apr 15, 2019 2:57 pm
Forum: ERE Journals
Topic: classical_Liberal's Semi-ERE
Replies: 493
Views: 87844

Re: classical_Liberal's Semi-ERE

C_L, I read through your journal over the past couple of days and have to say it was really cool watching your journey from the beginning to this point. Congrats on your recent decision and all of your success! To reiterate what others have said, it seems like you are in an incredibly strong positio...
by Dave
Fri Apr 12, 2019 7:12 pm
Forum: Health Questions
Topic: What is your favorite legume?
Replies: 29
Views: 6505

Re: What is your favorite legume?

It is a toss up between black beans and red lentils. The black beans get used plain or in a mix of dishes like tostadas or burritos, and the red lentils always get cooked into a dal fry with onions and Indian spices.
by Dave
Fri Apr 12, 2019 7:09 pm
Forum: ERE Journals
Topic: Ella's Journal
Replies: 64
Views: 10530

Re: Ella's Journal

Hi Ella, I just read through your journal. It sounds like you have been through a lot the last few years, but are finding your path forward. You mentioned a few posts back that you lost some of your love of beauty, but I have to tell you that I find your posts beautifully poetic, such as your recent...
by Dave
Fri Apr 12, 2019 5:29 pm
Forum: Money Questions
Topic: Dividends are psychologically more robust than buybacks
Replies: 13
Views: 2509

Re: Dividends are psychologically more robust than buybacks

@Sclass Nice hold on AZO. I looked at it mid 2017 when it briefly touched $500, but it didn't stay long and I didn't research it quick enough to reach a decision. 2x in 18 months, for a great business. That's interesting with the Chinese firm. I've historically stayed away from Chinese firms for rea...