Search found 21 matches

by thai_tong
Sun Jun 13, 2021 4:14 am
Forum: Lifestyle Questions
Topic: Life without a washing machine...
Replies: 61
Views: 15518

Re: Life without a washing machine...

I love this thread. People are questioning something which most of the population takes for granted... that you need to have a washing machine. And it's resulted in loads of ideas. To me this kind of questioning mindset is what ERE is all about. I'm still using a machine but I never add detergent, p...
by thai_tong
Sat Mar 20, 2021 3:55 pm
Forum: Money Questions
Topic: The Permanent Portfolio by Craig Rowland & J.M. Lawson
Replies: 19
Views: 2324

Re: The Permanent Portfolio by Craig Rowland & J.M. Lawson

That makes a lot of sense Trfie. I'm really shocked that bonds outperformed stocks over such a long period. How were they measuring performance? Was it rick adjusted growth?
by thai_tong
Fri Mar 19, 2021 4:27 pm
Forum: Money Questions
Topic: The Permanent Portfolio by Craig Rowland & J.M. Lawson
Replies: 19
Views: 2324

Re: The Permanent Portfolio by Craig Rowland & J.M. Lawson

I have not reached the same conclusion. There are several reasons for this. First, there's no way I intend to work for another 40 years. If I have things my way, and everything goes 'according to plan', I'll work for another 10, tops. I'll continue to work part time my current role because I like m...
by thai_tong
Tue Mar 09, 2021 4:01 am
Forum: Money Questions
Topic: The Permanent Portfolio by Craig Rowland & J.M. Lawson
Replies: 19
Views: 2324

Re: The Permanent Portfolio by Craig Rowland & J.M. Lawson

Can you share what you mean by "plugging numbers into portfolio charts"? Like what life scenarios were you consider? I believe if you're withdrawing 4% of your portfolio then it helps out to split your investment between stocks and bonds. However, if you earn a salary and intend to add to ...
by thai_tong
Fri Feb 19, 2021 8:39 am
Forum: Money Questions
Topic: SWR milestone record
Replies: 271
Views: 151189

Re: SWR milestone record

1/1/2011 - 120% 1/1/2012 - 80.0% 1/1/2013 - 58.5% 1/1/2014 - 36.7% 1/1/2015 - 20.7% 1/1/2016 - 14.4% 1/1/2017 - 8.8% 1/1/2018 - 6.4% 1/1/2019 - 4.2% 1/1/2020 - 3.2% 1/1/2021 - 1.3% Well that was fun, time to increase spending and go in reverse. 2/1/2021 - 1.4% @CS, that's a good point. For 2021 I'l...
by thai_tong
Thu Feb 18, 2021 4:38 am
Forum: Money Questions
Topic: Creating my own S&P 100 index fund - Is the return worth the downsides?
Replies: 5
Views: 514

Re: Creating my own S&P 100 index fund - Is the return worth the downsides?

Good point, the lower tax rate for dividends is 20%.
Previously I overlooked it because I thought I had to buy diversified index funds but if I'm going to buy and hold dozens of companies it could be worth making a dividend oriented portfolio
by thai_tong
Wed Feb 17, 2021 1:20 pm
Forum: Money Questions
Topic: Creating my own S&P 100 index fund - Is the return worth the downsides?
Replies: 5
Views: 514

Re: Creating my own S&P 100 index fund - Is the return worth the downsides?

Also consider whether to rebalance at all with anything but new money SP 500 and most indexes use cap weighting where they have a certain amount of each relative to their value. As the price of the stock goes up, the number of shares stays the same but its relative percent increases. This allows th...
by thai_tong
Tue Feb 16, 2021 6:02 pm
Forum: Money Questions
Topic: Creating my own S&P 100 index fund - Is the return worth the downsides?
Replies: 5
Views: 514

Creating my own S&P 100 index fund - Is the return worth the downsides?

My situation I live in Ireland, the tax set-up here is a massive annoyance for people looking to reach FIRE. I have an idea to change how I invest. On paper it's good but I want to get a second opinion from people who've got a good understanding of the market. Basically, profits from buying/selling...
by thai_tong
Sun Jan 24, 2021 5:15 am
Forum: Inspiration
Topic: A lesson from the machine learning community
Replies: 2
Views: 730

Re: A lesson from the machine learning community

I want to point out that this is different from lifestyle inflation. Lifestyle inflation happens when there's extra income and people feel more comfortable spending extra. In this case someone decides that they will retire in X years and continues to use that as a baseline for their expectations so ...
by thai_tong
Sun Jan 17, 2021 3:33 pm
Forum: Inspiration
Topic: A lesson from the machine learning community
Replies: 2
Views: 730

A lesson from the machine learning community

There is a common joke in the machine learning community. How long does it take to train a deep learning algorithm? 2 days Now double your computing power. How long does it take to train a deep learning algorithm? 2 days What often happens is the more computing power you have the more complex you ma...
by thai_tong
Mon Sep 21, 2020 3:21 pm
Forum: Health Questions
Topic: Protecting against dementia
Replies: 67
Views: 5630

Protecting against dementia

Dementia has been in the headlines recently. The Economist had a special report on it which basically said that no country is prepared for the rise in dementia cases and the labour intensive healthcare required. Dementia is in my family and I'd hate to think what would happen if I FIRE'd and got dem...
by thai_tong
Sun Jul 12, 2020 6:03 pm
Forum: Lifestyle Questions
Topic: Dive into something new every year
Replies: 1
Views: 1766

Dive into something new every year

I heard this recently in a FIRE meetup group. Try something new every year, dive deep into a hobby. Fishing, sailing, playing the clarinet or whatever it is. The hobby doesn't have to last forever. By the time you reach retirement you'll have had so many interests that you can pick them up again whe...
by thai_tong
Mon Nov 11, 2019 8:33 am
Forum: Lifestyle Questions
Topic: Choosing a smartphone
Replies: 18
Views: 3975

Re: Choosing a smartphone

Currently I'm using a phone made by Caterpillar. Its made for construction sites so its shock resistant and water resistant
I can't say I bought the phone out of frugality, I'm known for dropping my phone so I wanted one which was robust. The S31 model costs $330, I'm hoping it'll last 5 years.
by thai_tong
Tue Jul 02, 2019 4:23 pm
Forum: Money Questions
Topic: Thinking about investment strategies in terms of levels
Replies: 13
Views: 3026

Re: Thinking about investment strategies in terms of levels

The time to see a payoff can be quantified easily by taking the log of the average log growth divided by the standard deviation of the log growth. If the growth of an investment is treated as a Gaussian process then the above ratio of the average to the standard deviation is a precise measure of how...
by thai_tong
Sat Feb 16, 2019 2:04 am
Forum: Money Questions
Topic: Is constructing a portfolio just another way to beat the market?
Replies: 11
Views: 2848

Is constructing a portfolio just another way to beat the market?

We never stop hearing about S&P500, it's so standard in FIRE communities. Rather than trying to beat the market by timing trades on hand-picked shares it's more effective to just buy an index fund for the S&P500. In the same way I'm starting to think that almost any advice for constructing a...
by thai_tong
Sat Dec 22, 2018 10:42 am
Forum: Money Questions
Topic: Safe withdrawl rate & lifespan
Replies: 18
Views: 4414

Re: Safe withdrawl rate & lifespan

The usual assumptions of firecalc apply. The 5 year timeframe would fail at a 20% withdrawal rate if there was a bad sequence of returns. It's true you could just keep your money in a savings account and withdraw an amount that's safe from inflation. For the sake of simplicity I used firecalc's defa...
by thai_tong
Sat Dec 22, 2018 6:05 am
Forum: Money Questions
Topic: Safe withdrawl rate & lifespan
Replies: 18
Views: 4414

Safe withdrawl rate & lifespan

I was curious about how high the SWR gets when you don't have much longer to live, and also for those who retire early enough with 50 or 60 years of life to fund. I checked on firecalc and made a graph of the results https://i.ibb.co/sbZ3FP3/SWR-vs-Years-to-live.png It's interesting that if you have...
by thai_tong
Thu Jul 05, 2018 3:45 pm
Forum: Money Questions
Topic: Finding volatility of index funds
Replies: 2
Views: 777

Re: Finding volatility of index funds

Thank you Jacob, there I can find most of the indexes I'm interested in
by thai_tong
Tue Jul 03, 2018 8:28 am
Forum: Money Questions
Topic: Finding volatility of index funds
Replies: 2
Views: 777

Finding volatility of index funds

I'd like to spread my investing fund over a few indexes, before I do that I want to make sure that they match the level of risk I'm considering and to be sure that the volatility is acceptable for the rate of return. Index funds specify their growth and maybe their risk rating but never their volati...
by thai_tong
Mon Jul 02, 2018 7:37 am
Forum: ERE Journals
Topic: Journal of 25 y/o American retiring to 3rd world country
Replies: 91
Views: 32895

Re: Journal of 25 y/o American retiring to 3rd world country

The Final Financial Tally Traveling is more expensive than living, and we went to some pretty expensive countries, but in the end, in our 10 months, we did pretty well. Our target is 600 Euros/month, and we hit 628 Euros/month. This included: Travel Thailand: 643 Euros/month Travel Penang: 462 Euro...