Search found 94 matches

by RFS
Wed Feb 10, 2021 5:36 pm
Forum: ERE Journals
Topic: RFS' Journal
Replies: 52
Views: 13643

Re: RFS' Journal

JANUARY 2021 UPDATE Net Worth: $192k - All but $8k of this is in cash equivalents. I'm still trying to figure out how to properly invest my money for inflation-adjusted income. I know for sure that I'd like to purchase my residence and make it hyper-productive as an inflation hedge- positioned for ...
by RFS
Sat Jan 16, 2021 8:38 pm
Forum: ERE Journals
Topic: RFS' Journal
Replies: 52
Views: 13643

Re: RFS' Journal

Damn, Cheepnis! That was definitely the gym. I think BJJ (on average) attracts a different type of person than Muay Thai, since there is no head trauma in BJJ, but nevertheless the right gym should feel feel like a sanctuary where rituals of respect are embedded into almost everything. My teammates ...
by RFS
Tue Jan 05, 2021 4:15 pm
Forum: Money Questions
Topic: Government-Protected Dividend Stocks: The Last Safe Haven of Securities Investing?
Replies: 9
Views: 640

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

I currently have a portfolio of $192k. Of all this money, only $7k is in equities (index funds.) The rest is split between short term t-bonds and cash, which are earning nothing. I have become more weary of index funds as increasing amounts of ass tech companies join the S&P 500 due to the endle...
by RFS
Sun Jan 03, 2021 3:21 pm
Forum: ERE Journals
Topic: Western Red Cedar's Journal
Replies: 166
Views: 14090

Re: Western Red Cedar's Journal

Hey WRC, I wanted to let you know that I really enjoy reading your general. There is a ton of valuable information/musings here, particularly the "roots vs. wings" topic (I, too, have been thinking about this.) And those pictures- holy shit! Please keep writing, sir.
by RFS
Sun Dec 06, 2020 11:00 am
Forum: ERE Journals
Topic: RFS' Journal
Replies: 52
Views: 13643

Re: RFS' Journal

NOVEMBER UPDATE Net worth: $189k Spending this year: $11.2k ($933/mo avg.) ^ This has been a spendy year! I bought my first bicycle, joined a martial arts gym, and am generally living what feels like a fancy first-world life (I have Spotify Premium now, pay for The Waking Up app , buy the most lavi...
by RFS
Sun Nov 15, 2020 3:58 pm
Forum: ERE Journals
Topic: Ama journal - new found stability in Detroit
Replies: 37
Views: 2482

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: 52
Views: 13643

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: 52
Views: 13643

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: 1104
Views: 309309

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: 6650

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: 215
Views: 51112

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: 215
Views: 51112

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: 9990

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: 52
Views: 13643

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: 52
Views: 13643

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: 52
Views: 13643

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: 657
Views: 154873

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: 52
Views: 13643

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: 52
Views: 13643

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: 52
Views: 13643

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...