Search found 89 matches

by RFS
Sun Nov 15, 2020 3:58 pm
Forum: ERE Journals
Topic: Ama journal - new found stability in Detroit
Replies: 25
Views: 1325

Re: Ama journal - new found stability in Detroit

Hey Ama, thanks for sharing (great progress, too!) I think Detroit is one of the world's most exciting cities. But not from a conventional view. Mark Binelli says it well: Rather than relitigate the sins of the past, I hoped to discover something new about the city- specifically, what happens to a o...
by RFS
Mon Oct 19, 2020 3:33 pm
Forum: ERE Journals
Topic: RFS' Journal
Replies: 46
Views: 12044

Re: RFS' Journal

AUGUST AND SEPTEMBER UPDATE Net worth: $186k Income: $5k Spending: $2.1k Savings Rate: 58% Here's September's spending: https://i.imgur.com/O5OKRoq.jpg I'm debating whether to join a nearby gym that offers unlimited jiu jitsu (boxing, kickboxing, and muay Thai classes too) for $150/mo. Years of Joe...
by RFS
Sun Aug 09, 2020 4:04 pm
Forum: ERE Journals
Topic: RFS' Journal
Replies: 46
Views: 12044

Re: RFS' Journal

JUNE AND JULY UPDATE Net Worth: $184k - Less than 5% of my net worth is in equities. Almost all of my money is either in short term t-bonds or cash, since I think deflation will eventually hit stocks. Reading The Intelligent Investor has made me consider shifting to 25% equities, though. I don't th...
by RFS
Fri Aug 07, 2020 12:43 pm
Forum: ERE Journals
Topic: C40's Journal
Replies: 1089
Views: 293397

Re: C40's Journal

Hey C40, thanks so much for your journal! I bet it takes a lot of time to write clearly, upload the pictures, make the charts, etc. I really appreciate it! I've been thinking of visiting SEA, and your journal has bolstered the notion that it would be awesome indeed. I've got one question, though: wh...
by RFS
Mon Jul 20, 2020 12:56 pm
Forum: Inspiration
Topic: Frugal or EREesque celebrities you are aware of?
Replies: 13
Views: 6385

Re: Frugal or EREesque celebrities you are aware of?

One such example I can think of is Eminem. Now this is not exactly limited to relatively frugal living w.r.t. to tax bracket but any aspect that is relevant ERE wise (It is not meant to encourage risk taking in rock-star careers(2) where skill may be loosely correlated to success.) So this may read...
by RFS
Thu Jul 16, 2020 3:23 pm
Forum: ERE Journals
Topic: I Saved Some Money, Accumulated So Good
Replies: 194
Views: 46769

Re: I Saved Some Money, Accumulated So Good

[Deleted]
by RFS
Wed Jul 15, 2020 2:38 pm
Forum: ERE Journals
Topic: I Saved Some Money, Accumulated So Good
Replies: 194
Views: 46769

Re: I Saved Some Money, Accumulated So Good

My reading of practical stoicism is continuing to help me detach my mood from my surroundings and circumstances. A streak of bad holes the last time I went out only slightly dampened my mood when year prior I might have really gotten frustrated. Dude, this is awesome! Are you doing any meditation a...
by RFS
Sun Jun 21, 2020 12:14 pm
Forum: Housing Questions
Topic: COVID + Residential Real Estate?
Replies: 70
Views: 9000

Re: COVID + Residential Real Estate?

A year ago the few multi-units that were listed were waaay too expensive to bother with further analysis. I wonder if all the Federal interference (ie halting evictions), the recent social pushes for more rent controls in bigger cities, ect, has some mom & pop investors spooked. Trying to get o...
by RFS
Thu Jun 11, 2020 11:18 am
Forum: ERE Journals
Topic: RFS' Journal
Replies: 46
Views: 12044

Re: RFS' Journal

May Update Net Worth: $176k (the inheritance hit.) - I'm roughly 50% short-term t bonds, 45% cash, and 3.5% equities. I think we'll see deflation eventually, and at that point I will plow my money into equities. May Spending: $670 Savings Rate: 78% I'm currently getting pre-approved for my first ho...
by RFS
Fri May 22, 2020 8:15 pm
Forum: ERE Journals
Topic: RFS' Journal
Replies: 46
Views: 12044

Re: RFS' Journal

@ Egg- Hi Egg! Jesus, that sounds crazy. Why are the prices that high? Also, are y'all seeing inner-city gentrification like the US? After WW2, you couldn't use a VA loan to renovate an existing house, so many people moved out to the suburbs, where the new construction was. This happened just as leg...
by RFS
Mon May 18, 2020 5:25 pm
Forum: ERE Journals
Topic: RFS' Journal
Replies: 46
Views: 12044

Re: RFS' Journal

APRIL 2020 UPDATE Spending: $707 Income: $4.2k (including stimulus) Savings Rate: 83% Net Worth: $73k (about $5k in stocks, $25k cash, and the rest in short term t-bonds.) With COVID throwing a spinning head kick to the economy, I have thought a lot about house hacking recently. The neighborhood th...
by RFS
Sun Apr 05, 2020 11:26 pm
Forum: ERE Journals
Topic: akratic's ERE journal
Replies: 665
Views: 148309

Re: akratic's ERE journal

Hey Akratic, I'm glad you're journaling again :P I have really enjoyed your journal. I am not a parent, and I can't imagine how exhausting that is. Nonetheless, I think there are immense benefits from some of the "high value" activities you listed (especially vigorous exercise), even if yo...
by RFS
Sun Apr 05, 2020 8:04 am
Forum: ERE Journals
Topic: RFS' Journal
Replies: 46
Views: 12044

Re: RFS' Journal

MARCH 2020 UPDATE Net Worth: $69k - $40k is in short term t-bonds, about $20k is in cash, and I bought $5k of equities in late March at around 25% off. I'm thinking about dollar cost averaging, but I may just wait for stocks to get somewhere near the bottom (no idea where this is, but I think somew...
by RFS
Sun Mar 01, 2020 6:50 pm
Forum: ERE Journals
Topic: RFS' Journal
Replies: 46
Views: 12044

Re: RFS' Journal

FEBRUARY UPDATE Net Worth: $67k Spending: $1.4k (I had to replace all 4 tires on my car, and I got hit with tickets for speeding and driving with an expired tag. This came out to more than $600 :( ) One interesting thing about going from a negative net worth to a decent financial position is realizi...
by RFS
Sun Jan 26, 2020 6:09 pm
Forum: ERE Journals
Topic: RFS' Journal
Replies: 46
Views: 12044

Re: RFS' Journal

JANUARY 2020 UPDATE Net Worth: $63k 2019 Spending: $9.4k ($783/mo avg.) - I spent about $1k more than last year, because I bought some nice clothes from Bluffworks and Wool&Prince. I like having less, higher-quality items of clothing. It's nice to have durable clothes that fit, look good, match...
by RFS
Sat Nov 30, 2019 8:20 am
Forum: ERE Journals
Topic: 7Wannabe5-Take 5
Replies: 208
Views: 32920

Re: 7Wannabe5-Take 5

Congrats, 7w5! I'm also a teacher that got certified through the alternative pathway. Teaching math, you will have 0 problem finding work anywhere in the USA.
by RFS
Tue Sep 03, 2019 6:49 pm
Forum: Work & Education
Topic: Best Trades for ERE
Replies: 21
Views: 6573

Re: Best Trades for ERE

I have been looking more into carpentry, but one thing that concerns me is how volatile the work can be during a recession. It looks like housing starts are rising from the big dip back in 2009, though the next recession could hit anytime. There seems to be less opportunity for carpenters to do mai...
by RFS
Tue Sep 03, 2019 4:33 pm
Forum: ERE Journals
Topic: Fox's Journey: And Onto the Sunlight!
Replies: 913
Views: 176697

Re: Fox's Journey: And Onto the Sunlight!

Teaching, More Ruling-Outs @RFS Do you know the steps one would take to become a teacher without a Masters in Ed? You take an exam that determines whether you are proficient in your content area (these are shockingly easy.) Being in Florida, yours would be the FTCE. The state will issue you a provi...
by RFS
Sat Aug 31, 2019 8:19 am
Forum: ERE Journals
Topic: Fox's Journey: And Onto the Sunlight!
Replies: 913
Views: 176697

Re: Fox's Journey: And Onto the Sunlight!

Have you thought about teaching? It would probably mesh well with your personality. You're helping others all day, working in a collaborative environment, and there's a lot of time off throughout the year to recharge. If you know how to make a good lesson plan and build relationships with your stude...
by RFS
Sat Aug 31, 2019 8:10 am
Forum: Work & Education
Topic: How do different work environments encourage different social systems and lifestyles?
Replies: 6
Views: 1864

Re: How do different work environments encourage different social systems and lifestyles?

I think it depends a lot on the type of person your workplace & department attracts. I worked for a gigantic tech corporation in college. When I got hired, they sent me a letter about how people come there to do their life's best work. I met several weird as hell Silicon Valley people obsessed w...