Search found 622 matches

by unemployable
Sun Jan 17, 2021 7:17 pm
Forum: Lifestyle Questions
Topic: Buying a Tailored Suit
Replies: 13
Views: 593

Re: Buying a Tailored Suit

Ha, perhaps I spoke too soon. I should say, they are out of style for me :D Well, it was 10-15 years ago. My tailor suggested pants should touch the top of the soles at the heel when standing, and my experience is that is the correct length. I wasn't aware there were Bangkok tailors that cut the cl...
by unemployable
Sun Jan 17, 2021 6:48 pm
Forum: Lifestyle Questions
Topic: Buying a Tailored Suit
Replies: 13
Views: 593

Re: Buying a Tailored Suit

@unemployable: What specifics would you research before buying a nice suit? Big thing is the fit around the neck and shoulders. When you shrug your shoulders or raise your arms the jacket collar should remain snug with your shirt collar. Other things that signal "class" are French collars...
by unemployable
Sun Jan 17, 2021 11:38 am
Forum: ERE Journals
Topic: And now for something totally different...
Replies: 8
Views: 622

Re: And now for something totally different...

Welcome. I've been all over NC including living in the two big metro areas. I've been looking to move to the mountains for some time.
by unemployable
Sun Jan 17, 2021 11:25 am
Forum: Lifestyle Questions
Topic: Buying a Tailored Suit
Replies: 13
Views: 593

Re: Buying a Tailored Suit

Back when I had a job I would go to Bangkok once a year to buy business clothes. I would drop about as much as the plane ticket there cost me. Since then I've thrift-stored maybe 75% of what I bought. I had no problem spending the money because it was for my actual appearance. A good suit ran around...
by unemployable
Sat Jan 16, 2021 11:11 am
Forum: Miscellaneous
Topic: What would you do if you had $3,000,000?
Replies: 23
Views: 1039

Re: What would you do if you had $3,000,000?

We're doing this? OK. A bit more than half in a portfolio of stocks and REITs that yield 7%. They're out there; quite a few of them in fact, although I suspect you're running out of time on XOM. Principal should roughly grow with inflation. This gives me about $100k/year after tax. Call it eight gra...
by unemployable
Fri Jan 15, 2021 11:48 pm
Forum: ERE Journals
Topic: Cat City
Replies: 3
Views: 257

Re: Cat City

Within the next 3 or 4 years I will likely be able to apply for medical retrieval jobs: getting paid to jump out of helicopters onto cargo ships with sick passengers, or pick-up wounded people from the bush... What a blast! :D That actually sounds fun. I mean more fun than doing the same old doctor...
by unemployable
Fri Jan 15, 2021 9:34 pm
Forum: ERE Journals
Topic: Cat City
Replies: 3
Views: 257

Re: Cat City

Hi. I wrote this a couple years back: (By the way, does anyone else not envy doctors? You show up at the same damn hospital or practice every day for 30 years and deal with sick people. Your reward is you get to drive a two-year-old BMW home. You don't get to take business trips to hospitals in like...
by unemployable
Tue Jan 12, 2021 7:41 pm
Forum: Money Questions
Topic: Howard Marks: Something of value
Replies: 2
Views: 250

Re: Howard Marks: Something of value

I don't think mean reversion has gone away. But I do believe the mean we're supposed to revert to can see changes in its inputs. The mean P/E in the 1950s-70s, when we had fought two World Wars and suffered a Great Depression within people's memories, doesn't have to have the same assumptions underl...
by unemployable
Tue Jan 12, 2021 5:13 pm
Forum: ERE Book/Blog/Forum
Topic: ERE Blog post: Ecological capitalism and consumer capitalism
Replies: 44
Views: 2207

Re: ERE Blog post: Ecological capitalism and consumer capitalism

He left out Level 10, where a neighbor complains to the HOA that they've gone too long without cutting the grass and have unapproved structures in their yard and have to take everything down.
by unemployable
Sun Jan 10, 2021 7:06 pm
Forum: ERE Book/Blog/Forum
Topic: ERE Blog post: Ecological capitalism and consumer capitalism
Replies: 44
Views: 2207

Re: ERE Blog post: Ecological capitalism and consumer capitalism

If you can internalize ERE (or vanilla RE) you have the work ethic to escape minimum wage one way or 'tother.
by unemployable
Sun Jan 10, 2021 6:47 pm
Forum: Money Questions
Topic: FIRE in Japan
Replies: 6
Views: 413

Re: FIRE in Japan

Japanese bonds have been in the 1-handle or lower since the mid 1990s, very different from Treasuries (for now). But it doesn't really matter what you use for bonds. The important thing is that some part of your portfolio wasn't in NKY. Four percent in all-NKY would've failed by 2002 for any startin...
by unemployable
Sun Jan 10, 2021 3:37 pm
Forum: Money Questions
Topic: Portfolio evaluation and correcting for the wealth effect
Replies: 58
Views: 4652

Re: Portfolio evaluation and correcting for the wealth effect

The economy and the market are complex evolving systems, so strategies have to change. At some point previous benchmarks must be abandoned. Probably most importantly, the Greenspan put didn't exist before 1987, although some previous crashes were accompanied by a fair amount of intervention by priv...
by unemployable
Thu Jan 07, 2021 11:19 am
Forum: Money Questions
Topic: How to improve odds of trading with the least skilled traders?
Replies: 25
Views: 1004

Re: How to improve odds of trading with the least skilled traders?

I think Jacob made good points with other market possibilities. The inconvenience/inefficiences of transacting in such markets is what makes it possible to turn a profit. You want to be buying from forced sellers and selling to forced buyers. Regarding the latter, I do some casual flipping and ebay...
by unemployable
Thu Jan 07, 2021 10:48 am
Forum: ERE Journals
Topic: Anticonsumerist's Journal
Replies: 34
Views: 2175

Re: Anticonsumerist's Journal

b) They were more interested in my math skills. Whenever I mentioned that I was studying for the CFA, they're were like "Why?! You should spend your time practicing brain teasers and learning C++". I think one is better off just getting a grad STEM degree or maybe even busting your balls ...
by unemployable
Wed Jan 06, 2021 7:50 pm
Forum: ERE Journals
Topic: Anticonsumerist's Journal
Replies: 34
Views: 2175

Re: Anticonsumerist's Journal

@unemployable but why would someone want to take the CFA exams? So that you can work in finance? So you can move ahead and improve your employability in finance. It's a "you don't need it but people have it" thing. The CFA is roughly equivalent to a MBA concentrating in finance, coursewor...
by unemployable
Wed Jan 06, 2021 7:12 pm
Forum: ERE Journals
Topic: Anticonsumerist's Journal
Replies: 34
Views: 2175

Re: Anticonsumerist's Journal

Re: CFA and exams/studying. There are three exams and traditionally they were given once a year on the first Saturday in June. In this century first Level 1 also was administered in December, then the June date was moved back to the end of the month, and now post-corona all the exams will be moving ...
by unemployable
Wed Jan 06, 2021 12:26 pm
Forum: ERE Journals
Topic: Anticonsumerist's Journal
Replies: 34
Views: 2175

Re: Anticonsumerist's Journal

See http://earlyretirementextreme.com/startup-curriculum-for-finance-economics-investing.html (start with Bodie) I'm just noticing this now, but several of those books are in the CFA curriculum. Or at least were when I took the exams in the early 2000s; they have at least partially moved to in-hous...
by unemployable
Tue Jan 05, 2021 8:02 pm
Forum: Money Questions
Topic: Government-Protected Dividend Stocks: The Last Safe Haven of Securities Investing?
Replies: 9
Views: 528

Re: Government-Protected Dividend Stocks: The Last Safe Haven of Securities Investing?

Last quarter T's operating cash flow was $12bn, investing (mostly capex) was $3.4bn and dividends were $3.7bn. They sold about $2bn in stock, not sure why (executive options?) and ended up with over $8bn of free cash flow, $6bn if you don't count the stock. That's after paying the dividend. They're ...
by unemployable
Tue Jan 05, 2021 7:47 pm
Forum: ERE Journals
Topic: Wannabe's Numbers
Replies: 6
Views: 376

Re: Wannabe's Numbers

Cool, an ERE speedrunner!

You can cut your entertainment to zero by just running spreadsheets and watching your numbers all day
by unemployable
Tue Jan 05, 2021 4:28 pm
Forum: Money Questions
Topic: Government-Protected Dividend Stocks: The Last Safe Haven of Securities Investing?
Replies: 9
Views: 528

Re: Government-Protected Dividend Stocks: The Last Safe Haven of Securities Investing?

That's exactly what I've been doing the last few weeks, buying T and XOM. T's ex-date is Friday. Also hold VZ, which I plan to sell throughout the year when I need the funds. T's dividend is super super safe; XOM's is a position on oil staying above $50 or so. You know what high-dividend stocks have...