Search found 53 matches

by JCD
Sun Jan 31, 2021 6:02 pm
Forum: Money Questions
Topic: European Investing
Replies: 5
Views: 387

Re: European Investing

That actually is pretty helpful. I had assumed UK rules would be different than the EU due to brexit, but I didn't realize that each country had completely different rules around investing. I sort of assumed the four freedoms (freedom of movement of goods, capital, services and people) meant there w...
by JCD
Sat Jan 30, 2021 2:53 pm
Forum: Money Questions
Topic: European Investing
Replies: 5
Views: 387

European Investing

I have a friend who currently lives in the UK, but hopes to eventually move back to the EU.  I, as an American investor, know this person well enough to give some level of guidance about general investing concepts, but cannot answer deeper questions around what investing is like in Europe.  They are...
by JCD
Sat Aug 15, 2020 6:59 pm
Forum: Money Questions
Topic: What would you do to become "rich"?
Replies: 43
Views: 14851

Re: What would you do to become "rich"?

It seems there are a variety of ways, depending on how sure you want to make the life-bet. Here is a rough list of ways you might approach it: - Leverage - Gambling - Mike Rowe (Dirty Jobs guy) style work - Doctor/Lawyer - Engineer - Business Man - Influence Peddler - Relationships (Marriage, Parent...
by JCD
Wed Jun 17, 2020 6:36 pm
Forum: Work & Education
Topic: Which programming language for this?
Replies: 11
Views: 1105

Re: Which programming language for this?

I just thought of another point that might completely kill this idea. It is very possible, even likely they will require you to install software on your box that allows them to spy on you. They might even be using your behavior metrics as an additional thing to sell--to show client sites how people ...
by JCD
Wed Jun 17, 2020 4:09 am
Forum: Work & Education
Topic: Which programming language for this?
Replies: 11
Views: 1105

Re: Which programming language for this?

it really makes me wonder - if there is a solution a qualified professional could automate, why hire an army of dweeb "content analysts"? I assume they're probably for the manual review of the thrown-out sites. Version 1: What you described. Hire someone at: 500x12=~6k + taxes Version 2: ...
by JCD
Wed Jun 17, 2020 3:49 am
Forum: Money Questions
Topic: Investments Trade Log
Replies: 2514
Views: 513789

Re: Investments Trade Log

...the increase in the money supply without corresponding increase in production of consumer goods means that $X in Jun 2020 represents a smaller fraction of wealth, as measured by stuff, than $X in Feb 2020. From this perspective nearly all of us are still down, and it puzzles me why more investor...
by JCD
Wed Jun 17, 2020 3:11 am
Forum: Work & Education
Topic: Which programming language for this?
Replies: 11
Views: 1105

Re: Which programming language for this?

It seems like there are two different answers, depending on the level of automation. The first level of automation is to simply do some very basic analysis. For example, maybe you have 3 sets of words, grouped by your classification system (positive, negative or ambivalent), and you just want to cou...
by JCD
Mon Apr 27, 2020 10:08 am
Forum: Money Questions
Topic: Printing like a Fed = value dead?
Replies: 13
Views: 1714

Re: Printing like a Fed = value dead?

@Lucky C What I mean is if you take "value" to mean an index of stocks like VTV, as opposed to a growth index like VUG, there is no reason to believe that you should outperform the market simply by holding that value index at all times. ...  Buffett turned around Berkshire Hathaway by tran...
by JCD
Mon Apr 27, 2020 9:24 am
Forum: Money Questions
Topic: Printing like a Fed = value dead?
Replies: 13
Views: 1714

Re: Printing like a Fed = value dead?

Buying assets below replacement cost was frequently possible in that environment. Is that environment repeatable without a purge, if at all? And what actions will be taken/are being taken by those in seats of power to try and stop that purge from happening? How will those actions impact your approa...
by JCD
Mon Apr 27, 2020 7:13 am
Forum: Housing Questions
Topic: Is Airbnb any good?
Replies: 12
Views: 1664

Re: Is Airbnb any good?

Do you have any connection to Romania? What did you like/not like about Oradea? No connection to Romania other than an enjoyment of bad vampire movies and a general cultural interest in the western world.  The reason for the visit was simple--it was the cheapest western town of some size I could vi...
by JCD
Sun Apr 26, 2020 6:29 pm
Forum: Money Questions
Topic: Printing like a Fed = value dead?
Replies: 13
Views: 1714

Re: Printing like a Fed = value dead?

@Mister Imperceptible There is always a bull market somewhere. The instruments for unlocking returns on capital change. The super-investors of Graham-and-Doddsville optimized for the instruments available to them at the time. The environment is now different, therefore, the instruments are different...
by JCD
Sun Apr 26, 2020 5:09 pm
Forum: Housing Questions
Topic: Is Airbnb any good?
Replies: 12
Views: 1664

Re: Is Airbnb any good?

@Freedom_2018 could see myself in Bucharest for longer than a month in the right season or some smaller towns in Transylvania (we really liked Romania and spent two months seeing the western half of the country...I think I wouldn't mind living there for a bit). I didn't include it in my price breakd...
by JCD
Sun Apr 26, 2020 10:49 am
Forum: Housing Questions
Topic: Is Airbnb any good?
Replies: 12
Views: 1664

Re: Is Airbnb any good?

Having stayed in AirBnb locations for the last year, I can say a couple of general reasons you would choose AirBnb: - You want a long running place (e.g. 1 week to 1+ month(s)), which will tend to be cheaper than a hotel. - You want a local who will be helpful to you, telling you about where you are...
by JCD
Sun Apr 26, 2020 10:20 am
Forum: Money Questions
Topic: Printing like a Fed = value dead?
Replies: 13
Views: 1714

Re: Printing like a Fed = value dead?

There is also the argument that value is dead, not because of the current unprecedented economic events, but because value investing is now a publicly known and competitive strategy such that an individual has no chance of competing against millions of other value investors, let alone some value in...
by JCD
Sun Apr 26, 2020 9:59 am
Forum: Health Questions
Topic: COVID-19
Replies: 3447
Views: 386310

Re: COVID-19

Went to home Depot and Lowe's today. Fewer masks, less caution, more like BAU among the customers. Employees were following social distancing and masked, though. - Riggerjack  Police has had to deal with loitering and crowds gathering at public venues again. This is mostly clowns failing to underst...
by JCD
Mon Apr 20, 2020 7:37 am
Forum: Money Questions
Topic: Printing like a Fed = value dead?
Replies: 13
Views: 1714

Printing like a Fed = value dead?

This is a bit of an exploration post on some thoughts on value investing.  I would love to hear thoughts on the topic. Let's start with my assumptions, which I think are reasonable given recent history: - Assumption: If you have a 0% interest rate, why not lever up to infinity, if you can get a posi...
by JCD
Mon Apr 20, 2020 4:43 am
Forum: Money Questions
Topic: Withdrawal rates
Replies: 17
Views: 2045

Re: Withdrawal rates

But, like him, I will need to reimplement FIRECalc myself (I have some other reasons to reimplement FIRECalc too). Watch this space. Like I pointed out, he provides a spreadsheet to do much of the work you'd reimplement. I think some of his calculations were done in mathlab, since a spreadsheet doe...
by JCD
Sun Apr 19, 2020 6:58 pm
Forum: Money Questions
Topic: Withdrawal rates
Replies: 17
Views: 2045

Re: Withdrawal rates

You might take a look at Big ERN's all too detailed study around SWR: https://earlyretirementnow.com/safe-withdrawal-rate-series/ . I took his spreadsheet tooling and wrote a command line app wrapper that allowed me to run simulations that Karsten's spreadsheet couldn't do, like adjusting behavior o...
by JCD
Mon Apr 13, 2020 6:02 am
Forum: Housing Questions
Topic: I want to buy too much house. Talk me into it/out of it?
Replies: 36
Views: 2830

Re: I want to buy too much house. Talk me into it/out of it?

So I feel like I must do *something* to *somehow* fix my life but no planning or action is actually feasible until borders reopen and economies start up, and I can move out. I thought about renting right now, but I don't know how long I would need to rent for either, so can't really do that. Also, ...
by JCD
Fri Mar 27, 2020 1:49 pm
Forum: Money Questions
Topic: Long term macro effect of ncovid
Replies: 31
Views: 5568

Re: Long term macro effect of ncovid

@JCD I think the quarantine is a one-time thing and then herd immunity will strengthen.
@ertyu "China Shuts Down All Cinemas, Again" - https://www.hollywoodreporter.com/news/ ... in-1287040 :(