Early Retirement Extreme Forums

unemployable wrote: ↑

Sun Aug 18, 2024 12:21 pm

Oil, pharma, tobacco, utilities, stuff like that. I underperform when tech stonks moon but made money in the 2001 and 2022 declines for example.

Tobacco tends to have higher dividend yields than the margin rates IBKR currently quotes - so your loan-to-portfolio value will shrink over time

Choosing to not have child is either saying that the world isn't worth being inhabited by humans, or that other peoples childs are worth more than the child you could have had. In one case, one should kill oneself and other to reduce human population, and in the other one, one should kill oneself ...

Yes and focusing on experiences tends to cost more than the stuff one considered important before

On the other hand, I think xmj was no longer talking about the idea you should earn more when he wrote that quote. Wasn't he implying that the problem wasn't SD/MBTI, money, or even friendship dynamics at all (and by implication neither earning nor spending), but rather something else altogether ...

To be fair, this whole thread, posted under the forum topic of Emergence Renaissance Ecology, began with a false premise that was only revealed some 40 posts later as just being a highly specific, deeply personal issue. Which makes the whole "unreliable narrator" comment pretty ironic, right? Was ...

Coping mechanism 4) just leave (cut off all contact)

You may not want to do this, but as blink2ice says the contagion of craziness can be forcefully interrupted by creating distance.

Thanks for organizing and having us, that was fun - let's do that again some time

I don't much care whether you've skipped making money for one reason or another, but you did, and it is now causing you friction (as per your OP) as your peer group finds itself with more spending power available.


the conclusion i've come to is that if you simply repress your desire for status ...

Two things to mention:

1) Well-off folks really do not want to listen to financial advice from perceived broke people

It's like listening to relationship advice from monks, just doesn't work

2) Compound interest

You mention people in their 40s/50s. Three things happen here: 1) inheritances, 2 ...

Three nutritional cooling strategies I've found helpful:

- buttermilk
- Mast-Khiar (yoghurt with cucumber slices, sliced mint & cardamon)
- tea (black, green) with lemon

@xmj:

Very interesting. As you noted third time was the charm. I think because you prompted with the word "exotic." By morphing ERE with WSP and Millerd, you were pushing the recommendations more towards "productivity" and "conventional success." So, the first two lists of books for ERE/WSP ...

Two things to mention:

1) Well-off folks really do not want to listen to financial advice from perceived broke people

It's like listening to relationship advice from monks, just doesn't work

2) Compound interest

You mention people in their 40s/50s. Three things happen here: 1) inheritances, 2 ...

Not the ideal date for me due to some local events Thu/Fri/Sat, but as said, I can make myself available

Please don't forget the elephant in the room - S&P500, VT, BTC all took out the December 2021 all time highs. Next time we get a 20% retreat the "FIRE is dying!!11eleven" meme will reappear.

Morning shower thought: There's more CH people in the wider MustachianPost community, some of which might be more receptive to ERE principles

I should be free and able to drop by on Saturday (not into camping)

Motivation is the closest thing to magic.

Robin Hanson writes in his blog post What exactly is Magic :

The closest thing in our world to magic is: motivation. It is very powerful, yet hard to tell when or where it arises and why. We have many magic beliefs re what works, & hire magicians who ...

Venkatesh Rao had a few posts that detail these perspectives in the Mysteries of Money series

Central among them of course is Fools and their Money Metaphors where he details many of the perspectives mentioned in this thread.

What I've come to appreciate is the distinction between the "paycheck ...

He tells me what I want to hear, so I can also vouch for his INTP analysis.

Once you "hook them", you can then upsell them on individual coaching or "exclusive memberships" for "quick&good"-type information. Just keep in mind that you're not selling knowledge. You're selling entertainment, hand-holding, ... a special feeling of being an exclusive insider.

There I just ...