Early Retirement Extreme Forums

I try to leave this place and y'all keep drawing me back. I have a CFA. Or rather, as the CFA Institute prefers we say, I am a CFA charterholder. And I still pay my dues, although I'm no longer sure why. The program is basically designed to keep people from getting it. There are three 'levels' of ex...

I'm not sure this applies to the thread but I do think old ladies pulling out change purses and/or check books in supermarkets two days before Thanksgiving should be euthanized. I believe they are already doing it in China. We could free up a bunch of rent-controlled apartments by doing this on the...

Mister Imperceptible wrote: ↑

Tue Nov 26, 2019 7:05 pm

The long precious metals/short equities/long natural resources suite is actually an anti-prosperity bet.

Well if we ever have 1979 again you're all set.

Augustus wrote: ↑

Tue Nov 26, 2019 3:16 pm

5.5% to the federal government?! Where'd you find that deal?

I-bonds I bought in 2001. Pay CPI + 3%. Some even went up to CPI + 3.6. They're only marginally behind stocks since then, like a 2.8x instead of 3.1x.

I'm already loaning the federal government money at 5½% and they're a much lower default risk, so no.

I like how they made it a girl. You've come a long way, baby!

For the next few months, my housing score will be negative! Imputed rent: Combination of living with Mom (her house is paid off) and housesitting, while I sublet for some $300 more than my rent is, so -3 Distance to work: No real job, but some income from selling stuff on eBay and doing odd tasks fo...

With Schwab buying TD Ameritrade, it's getting harder to spread your money around. Is Schwab ok? I have an account at TD that I assume will get moved. As a TD ameritrade "client" whose account still has an old Waterhouse login number, this thrills me. I'd stay put as long as they turn everything in...

Google says my walk to work at my last job was 2.2 miles, which I regularly covered in just over half an hour. I walk fast.

Any reason you've left out Ecuador?

I was a 1K on United for nine years. You learn a little about the business and start to understand the tribulations of pilots and FAs being on planes so much.

Jim Cramer reminds me of someone who would teach a night class at a community college so maybe you can squeeze him in between Dave and MMM. Cramer is what people who have never met a hedge fund manager think all hedge fund managers are like. Granted, a couple big ones are (Steve Cohen, Ken Griffin).

jacob wrote: ↑

Sun Nov 17, 2019 9:02 am

One point that hasn't been mentioned is ... that if one is investing more than $500k (especially in these zero-commission times), it begins to make sense to DIY one's [zero-fee] index of 500 positions. Sounds like fun

How would you hold AMZN?

Well there's your problem, you're not a 28-yo self-assured IT jock like everyone else on MMM. You can find more diversity and freedom of thought at a Politburo meeting.

This sort of strategy/product seems to match what I've wanted to do for years: "The default is the index" and then tilt your "index"/portfolio. Or similarly build your own index, which could have default starting allocations. Very often I am more bearish on particular companies, willing to bet: $CO...

I don’t understand why anyone would want to get married. Especially after a certain age. The obvious short answer is money. I have a friend whose mother-in-law widowed and remarried recently at age 69. He basically died broke within a few LOW points, and although I don't know too many details, she ...

Not sure how robust that data is as virtually none of the larger dams in Colorado are on it, nor are many of the dams I'm familiar with back East.

For what benefit ? This is something that I don't really get. I have friends who have travelled whereas I really haven't. Some of my friends want me to travel with them. I don't really see a benefit that is worth the cost. Well nine years ago I felt I had gotten out of Chicago all I was going to ge...

Jason wrote: ↑

Sun Nov 10, 2019 3:57 pm

The next pic shows the same person in attire and a room that can best be described as fifty shades of cat puke.

I see it as a paean to red/green color blindness.

His wife gives away 75% too, I'm sure.

I mean enough of the right kind of work and you can quit when you're 39. That's kind of why we're all here.