Early Retirement Extreme Forums

The whole Musk enterprise may be facing intersecting times ahead

Gift article from Bloomberg, don’t know how many clicks allowed
https://www.bloomberg.com/news/articles/2025-06-05/tesla-has-1-2-billion-at-risk-in-trump-bill-musk-wants-to-kill?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9 ...

I found my nirvana with Bloomberg.

With zero interest of being political, my belief is that one of the negatives of “the internet” is that people somehow expect good journalism to be free.

I still live by the mantra “you pay peanuts, you get monkeys”, and find the $550 or so I pay every three ...

I took advantage of the mini bump in recent days and sold the entirety of my BLV position, putting the proceeds into a money market fund at essentially the same yield.
Including dividends, I made… the dividends.
It was one of those situations where the risk outweighs the potential reward.

I may ...

Great timing, congrats
This is one of the times when my defensive portfolio tends to shine.
The numbers are moving really fast, but I have about 4-500 basis points over performance vs the S&P without accounting for the euro appreciation
These are going to be interesting times.

DutchGirl wrote: ↑

Thu Apr 03, 2025 2:23 am

So if the stock market would be so kind to not do well over the next 2-3 years, I would like that for me...

It seems like your wish is being granted right off the bat.


Congrats on the mortgage!

Exactly
Affordable luxury, or affordable premium, is how CPG companies call the products that are essentially a small step up in quality and price from the very mainstream items.
Depending on the categories of goods (and the corresponding average margins) they can be great value for money or a ...

Molto bene indeed
Sorry for your sister, but she is lucky to have you.

The reply I would give to your “what do I own to my siblings nieces/nephews?” is in my opinion

Whatever you feel comfortable doing.

In these situations, there are pros and cons whatever you do.
IE if you help, you make the ...

. Save any important data like projects you've completed or certifications the company provided.


A good recommendation, I would add a disclaimer to be extra careful not to be clumsy in doing this.
Absolutely DO NOT start downloading stuff indiscriminately onto usb keys or similar, as it will ...

Super excited for this
Great to read you J

On Japan
Tokyo is fantastic of course, but make sure you do not miss:
- Kyoto. Ok touristic and everything. It’s beautiful. You’ll do the palace downtown and the central area + all the famous temples. Among the least famous things I suggest eikando temple https://maps.app.goo.gl/sgLuG334iUAo3i1i9?g ...

1/ you became just a point in your family lineage stretching long before and after this short moment in time (your whole life).

2/ Your time is actually the most expensive thing and imo it is well spent with my own child.


1/ I had the exact same experience when my son was born, and this point ...

As if we weren’t transferring enough wealth from the poor to the rich already.
It is somehow funny in a sinister way that one of the main app used to syphon wealth away from the masses is called Robinhood.
What surprises me is the brazenness of it all.
Already surprising when it’s the “Hawk Tua ...

A couple money only things you could think of

1/ open a bank account in another country. Or two.
In a certain way it doesn’t really matter if you put 1k, 10k or 100k. It will be 1k, 10k or 100k more than the average polish person has abroad in case SHTF.
If you want to protect your wealth, you ...

We have been successful in keeping our alcohol consumption low.

A bottle of wine lasts us 4-5 days usually, and we throw some away or use it for cooking after it’s been open for longer.
We have now gotten to the once-unbelievable stage where I drink less often than my wife. Overall I still drink ...

Well, first a big sorry to my millions (?) of readers for going M.I.A. for so long.

Since we decided to come back to Europe, our motto in the family has been “quality of life”; we (happily) gave up a lot of money (the retention offer from the old job was impressive) to be closer to family and ...

- Elon again claims that full self-driving is almost there and will be ready by '26


This one is too easy, he’s been predicting “definitely next year” for like 8 years now. :lol:


- The prime minister of France will stay the same.
- AfD will get 20% but will not get any political influence ...

2025 predictions, having fun and fully expecting most to be dead wrong as usual :lol:

- Tesla keeps going up for no reason. Musk eventually gets his twice-cancelled stock grant.

- the US stock market will close higher on December 25 than it will in December 24

- Germany’s economy will continue ...

chenda wrote: ↑

Sat Oct 26, 2024 4:06 pm

So what portfolio would have done well for the Japanese income investor post-1989 crash ?

Same as everywhere? A globally diversified basket of stocks.

This has been bouncing around in my head a few weeks. What if your strategy rigorously applied consistently loses money? Or perhaps just goes sideways for decades? :lol:


Well I guess you just uncovered a bias of mine

I was starting from the assumption that the strategy picked was neither ...

How likely is it that you can maintain a house in Italy for $339 a year?


Zero, unless you plan on skipping upkeep costs and are ready to leave the property in a less valuable state than when you entered, which is probably the case.
But unless she bought new / she plans to pass relatively early ...