Early Retirement Extreme Forums

Thank you, Jacob, I appreciate it!

jacob wrote: ↑

Fri Jun 05, 2020 9:02 am

@slsdly - REITs for me.

Jacob, are there any books or resources that you recommend for REIT investing? I've been interested but not sure how evaluate individual REITs.

Also, do you keep yours strictly in a tax-advantaged account?

An interview with Byron Tully, author of the Old Money Book and Old Money Style: http://www.ivy-style.com/old-is-new-again-an-interview-with-old-money-style-author-byron-tully.html IS: Your books are almost a vaccine against consumer culture. After reading them, one is cured of any desire to follow ...

Jacob, Is there somewhere that Rob Wringham details his approach to a wardrobe? I couldn't find anything in my search. Speaking of Barbour, I ran across a maker of Barbour-like jackets from England that seem comparable at a fraction of the eye-watering cost of the real thing. I'd be tempted to get o...

I read the book a couple years ago and enjoyed the perspective of someone from that socio-economic class. As Ralphy mentioned it covers several topics and there's plenty of overlap. It's a short read but very direct and just about every paragraph is a line of advice.

Since ERE can be approached or thought of as living like a poor aristocrat, perhaps that's a style that could be adopted. :D I believe general principles are to buy the best quality you can afford and wear the hell out of it. Sounds familiar! What those individual pieces ought to be gets a little tr...

While browsing for free courses, I ran across this:

Managing complexity: A systems approach – introduction

https://www.open.edu/openlearn/science- ... iption-tab

I posted this in a different thread. I like this method:

How to Sharpen a Knife | Paul Sellers
https://www.youtube.com/watch?v=bailuQUh2mY

I was wondering whether those of you who have already quit your jobs changed your asset allocation after "retiring". In other words, did you switch from an accumulation strategy to a capital preservation strategy? As I get closer to quitting I worry that my allocation is too aggressive (95...

I'm not sure if this is the right thread, and I'm not taking a position. Just offering this as food for thought:

https://global-macro-monitor.com/2019/1 ... arket-run/

25th anniversary update posted on Oct 1, 2019:

https://www.retireearlyhomepage.com/25t ... rsary.html

How to Sharpen a Knife | Paul Sellers

https://www.youtube.com/watch?v=bailuQUh2mY

Correct, the landowners are the primary opposition. Also, it has so far survived attempts by the Texas Legislature to kill it. https://www.texastribune.org/2019/04/25/could-texas-high-speed-rail-hit-speed-bump-session/ https://www.texastribune.org/2019/05/15/texas-bullet-train-avoids-possible-delays...

Texas High-Speed Rail:

https://www.texascentral.com/project/

I would like to see it succeed, but it faces a great deal of opposition. Interestingly, it's entirely privately funded.

I'm reminded of an old Scott Adams (of Dilbert fame) blog post.

Goals vs Systems: https://www.scottadamssays.com/2013/11/ ... s-systems/

@classical_Liberal You absolutely hit the nail on the head in your second paragraph and articulated what I am indeed intuiting. I suppose I just need to decide what to do about it and move forward. I know holding back/waiting until conditions are perfect is fear-based, and I like the leap of faith a...

@classical_Liberal I agree, there's a lot of great stuff in that book. I had to put it down frequently to digest the sentence/paragraph/concept I just read. @oldbeyond and @7Wannabe5 I haven't gone down the permaculture rabbit hole yet! I'm definitely intrigued, though. So far my gardening has been ...

If I understand this discussion correctly, I think this would be another good example of level 6:

https://blog.lostartpress.com/2016/05/0 ... rd-part-1/

https://blog.lostartpress.com/2016/05/0 ... rd-part-2/

I read The Fifth Discipline and found it thought-provoking. I especially liked the chapter on Personal Mastery but found the rest difficult to apply as I don't normally think of myself as a large organization.

Thank you, everyone, for the thoughtful replies and great discussion. Very much appreciated. black_son_of_gray, those were excellent examples and make a lot of sense and, Jacob, per your suggestion I re-read chapters 5 and 7. I think I'm starting to "get it", at least, intellectually. Appl...