Search found 631 matches

by unemployable
Sun Apr 18, 2021 10:47 am
Forum: Inspiration
Topic: Best Life Lessons to Pass on to Kids
Replies: 33
Views: 14617

Re: Best Life Lessons to Pass on to Kids

The one I learned from my dad was not to have kids, and it was one of the few I heeded.
by unemployable
Fri Feb 12, 2021 9:01 pm
Forum: ERE Journals
Topic: Anticonsumerist's Journal
Replies: 47
Views: 4254

Re: Anticonsumerist's Journal

Good luck with the visa applications :) Would Unemployable and Jacob recommend doing CFA for a middle age person to strenghten employability? If the people whose jobs you want have CFAs (but not necessarily MBAs or some other advanced degree) then yes. I would not do it just to do it. Back in the o...
by unemployable
Sat Jan 30, 2021 2:41 pm
Forum: Resources & Recommended Reading
Topic: Freedom 45 from Pierre Yves Mcsween
Replies: 12
Views: 1180

Re: Freedom 45 from Pierre Yves Mcsween

If I'm obligated to work, then YOU are obligated to employ me, eh?
by unemployable
Thu Jan 28, 2021 12:16 pm
Forum: ERE Journals
Topic: 39 & Looking to retire this year. Advice appreciated
Replies: 39
Views: 2042

Re: 39 & Looking to retire this year. Advice appreciated

An exhaustive paper on all the ins and outs of 72t's.

https://72tnet.com/a-practical-guide-to-sepps/

Worth downloading and saving. Dated 2004 but functionally little or nothing had changed that I'm aware of.
by unemployable
Thu Jan 28, 2021 11:23 am
Forum: ERE Journals
Topic: 39 & Looking to retire this year. Advice appreciated
Replies: 39
Views: 2042

Re: 39 & Looking to retire this year. Advice appreciated

We had this discussion last month; OP seems to have disappeared

viewtopic.php?f=3&t=11748
by unemployable
Thu Jan 28, 2021 9:56 am
Forum: ERE Journals
Topic: 39 & Looking to retire this year. Advice appreciated
Replies: 39
Views: 2042

Re: 39 & Looking to retire this year. Advice appreciated

2Birds1Stone wrote:
Thu Jan 28, 2021 7:44 am
Even adding a 10% penalty doesn't come anywhere close to $650k.
My bad; I was thinking that was an annual amount.

You'd want to take smaller amounts out every year rather than all at once so you're not pushed into a higher bracket.
by unemployable
Thu Jan 28, 2021 3:05 am
Forum: Housing Questions
Topic: Housing Cooperative as ERE Living Space
Replies: 20
Views: 6015

Re: Housing Cooperative as ERE Living Space

I have an idea, lets do a kickstarter for upscale urban tent campgrounds in LA. This already exists in New York. Sleep in a tent for a low, low $1100/night. My expenses for living out of my SUV this last summer were closer to $800 for a whole MONTH. And I used a LOT of gas. Isn't the whole point of...
by unemployable
Thu Jan 28, 2021 2:44 am
Forum: ERE Journals
Topic: 39 & Looking to retire this year. Advice appreciated
Replies: 39
Views: 2042

Re: 39 & Looking to retire this year. Advice appreciated

If you’re still making your paltry 4% you’ll need $350,000 from your retirement account. Tack on a 10% penalty and you have a $385,000 withdrawal. You still have to pay income tax on this as if you worked for it -- which of course you did, in a prior year. In 2021 dollars/brackets you'd be in the 3...
by unemployable
Tue Jan 26, 2021 12:39 am
Forum: ERE Journals
Topic: 39 & Looking to retire this year. Advice appreciated
Replies: 39
Views: 2042

Re: 39 & Looking to retire this year. Advice appreciated

Your liquid net worth is a good bit south of 4.3M. You have to live somewhere, and I presume even with no job you're golden-handcuffed into your kids' school districts, so you'd be reluctant to move. Fun fact, I've seen $70k houses in SW Virginia I'd be happy to live in, and yes I've been there many...
by unemployable
Sun Jan 17, 2021 7:17 pm
Forum: Lifestyle Questions
Topic: Buying a Tailored Suit
Replies: 13
Views: 871

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: 871

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: 9
Views: 918

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: 871

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: 26
Views: 2020

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: 16
Views: 1111

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: 16
Views: 1111

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: 338

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: 3084

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: 3084

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: 545

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...