Search found 19 matches

by liberty
Mon Aug 21, 2017 12:00 pm
Forum: ERE Journals
Topic: liberty's liberty journal
Replies: 2
Views: 111

Re: liberty's liberty journal

Real estate counts lower (I think it's 25% for primary home and 50% secondary), and mortgage for primary house is subracted. The goverment favourise home owners in many ways, and I hate it. The real estate market here is a big bubble and that's why I stay outside it. Norway is okay, but the governme...
by liberty
Sun Aug 20, 2017 1:23 pm
Forum: ERE Journals
Topic: liberty's liberty journal
Replies: 2
Views: 111

liberty's liberty journal

My introduction I have saved around $190k now. I'm still living super cheap and with a saving rate of around 65%. One problem that is approaching is the wealth tax from the Norwegian government. They steal 0.85% of stock investments and cash that exceeds 1.5 mill NOK, which is around the amount I h...
by liberty
Sun Aug 20, 2017 10:48 am
Forum: ERE Community
Topic: Oslo (Norway) meetup?
Replies: 1
Views: 83

Oslo (Norway) meetup?

Who would like to join a meetup in Oslo?
by liberty
Tue Aug 15, 2017 1:34 am
Forum: ERE Journals
Topic: Under the Yoke
Replies: 47
Views: 10451

Re: Under the Yoke

Why don't you drop out of school and teach yourself instead? In CS you don't need formal education. Of course some companies require it, but there are also many which don't. I regret that I didn't drop out of school at 16 after the mandatory government schooling... Then I would got 3-5 years more ye...
by liberty
Tue Aug 01, 2017 12:01 pm
Forum: Money Questions
Topic: Numbness to Numbers
Replies: 18
Views: 895

Re: Numbness to Numbers

@libery Obsessing with the number gets mind-numbingly boring real quick. I'm focusing more and more on the lifestyle I want as I get a small cushion. Is there a way you can enjoy that cool stuff now? The cool stuff for me is to build stuff. I don't have much power to that after working 9-5, but got...
by liberty
Mon Jul 31, 2017 3:13 pm
Forum: Politics, and other eternal disagreements
Topic: How Libertarian Are You?
Replies: 40
Views: 1636

Re: How Libertarian Are You?

I got 100% :)
by liberty
Mon Jul 31, 2017 3:01 pm
Forum: Money Questions
Topic: Numbness to Numbers
Replies: 18
Views: 895

Re: Numbness to Numbers

ERE is boring... When the numbers get higher, the percentage increase per year gets lower. Just looking forward to future and retirement instead of doing cool stuff here and now. I'm getting bored of it.
by liberty
Sun Jul 23, 2017 9:16 am
Forum: Introduce Yourself
Topic: Another Euopean says Hello!
Replies: 5
Views: 870

Re: Another Euopean says Hello!

Welcome :) Hope you will increase your salary and get a less boring job.
by liberty
Sun Jun 18, 2017 4:17 pm
Forum: Introduce Yourself
Topic: Hello from Norway
Replies: 16
Views: 2080

Re: Hello from Norway

I'm afraid of quiting my job. Guess I have got the one-more-year-syndrom... Currently I have a "pension" of 400€/month (3% SWR).

I have looked into Greece lately - do you think it's realistic to live there on 3-400€/month?
by liberty
Mon Apr 24, 2017 12:51 pm
Forum: Introduce Yourself
Topic: Hello from Norway
Replies: 16
Views: 2080

Re: Hello from Norway

Thanks Cornerman, Thanks Eureka! I should maybe just quit. In one way it's safer to quit earlier. My most important asset is time, and instead of wasting more time on corporate work, it's maybe safer to just quit. The chance I will need to go back to work is slightly higher, but if the money I alrea...
by liberty
Thu Apr 20, 2017 11:47 am
Forum: Money Questions
Topic: Should we adjust the SWR based on last All Time High?
Replies: 21
Views: 1963

Re: Should we adjust the SWR based on last All Time High?

In the end, you will need to make your own choice of SWR. Have you looked at portfoliocharts.com yet? Yeah that's a great site! I have played around with it. Second, it's important to be clear on terms. Measuring your own investment account from its all time high is different than measuring the mar...
by liberty
Thu Apr 20, 2017 1:47 am
Forum: Money Questions
Topic: Should we adjust the SWR based on last All Time High?
Replies: 21
Views: 1963

Re: Should we adjust the SWR based on last All Time High?

Wait, so the OPs goal was to DOUBLE withdrawal during market lows? For... Safety? Well, my point is to use the same withrawal amount as on market highs. If you have 100k on a market high, the withdrawal amount is 3k. Then the amount you safely can take out should still be 3k when the market is 50% ...
by liberty
Wed Apr 19, 2017 4:58 pm
Forum: Introduce Yourself
Topic: Hello from Norway
Replies: 16
Views: 2080

Re: Hello from Norway

Hello. We achieved FI in Germany with 2 kids 2 years ago and we're just about to move to Romania (where I'm originally from). If you need any info about Romania, I'm glad to help. It's not a bad place. In fact, we're organising the Financial Independence Week Europe there in September 2017. So cool...
by liberty
Wed Apr 19, 2017 2:41 pm
Forum: Money Questions
Topic: Should we adjust the SWR based on last All Time High?
Replies: 21
Views: 1963

Re: Should we adjust the SWR based on last All Time High?

No, I mean the SWR from the current assets should be adjusted based on ATH. Example: If you had 50k in 2009 you can use 6% of this, 3k, as your withdrawal amount. It was safe to withdraw 3% of the assets in 2007, and then it should be safe to withdraw 6% when the market is down 50% in 2009. But isn'...
by liberty
Wed Apr 19, 2017 2:10 pm
Forum: Money Questions
Topic: Should we adjust the SWR based on last All Time High?
Replies: 21
Views: 1963

Should we adjust the SWR based on last All Time High?

Hey guys! The SWR is a measure for a worst case scenario: Which withdrawal rate has always worked historically. An investor can start investing at any time and assume that the SWR will protect him from running out of money, even from bad start dates, like October 2007. Then the rate should also be c...
by liberty
Tue Dec 06, 2016 12:20 pm
Forum: Introduce Yourself
Topic: Hello from Norway
Replies: 16
Views: 2080

Re: Hello from Norway

Thanks so much for your replies! :) Bulgaria seems good! The only downside I can see is that few people speak English there. I might be able to spend only 100 euros outside of rent. Here in Oslo I spend 780 euros on rent (including internet and electricity) and 300 euros on other expenses. Accordind...
by liberty
Sun Dec 04, 2016 3:48 pm
Forum: Introduce Yourself
Topic: Hello from Norway
Replies: 16
Views: 2080

Re: Hello from Norway

chenda wrote:I recommend Cyprus.
I'm seriously considering Cyprus. Have you been living there? Is it realistic to spend less than €300/month there? :)
by liberty
Sun Dec 04, 2016 1:28 pm
Forum: Introduce Yourself
Topic: Hello from Norway
Replies: 16
Views: 2080

Re: Hello from Norway

henrik wrote:What do you consider to be Eastern Europe?
Interesting countries are Hungary, Slovakia, Slovenia, Romania, Bulgaria, Croatia and Cyprus.
by liberty
Sun Dec 04, 2016 11:07 am
Forum: Introduce Yourself
Topic: Hello from Norway
Replies: 16
Views: 2080

Hello from Norway

Hey guys! I'm a 29 years old Norwegian working as a programmer. I have so far saved 130k euros, 75% in stocks and 25% in bonds/cash. The cost of living is high here in Norway, and therefore my plan is to move to a cheaper country in eastern or southern Europe to retire. Also the weather here is awfu...