Search found 64 matches

by WFJ
Tue Sep 21, 2021 4:26 pm
Forum: Lifestyle Questions
Topic: The Island Where People Forget to Die
Replies: 58
Views: 5864

Re: The Island Where People Forget to Die

Stats critiques (also no solutions as one would likely win a Nobel Prize for providing a solution to these). 1 out of 10/50/100 randomly selected stepwise regression with select all data from all public sources will result in some significant relationship at the 10%/5%/1% level. There is also an iss...
by WFJ
Tue Sep 21, 2021 3:51 pm
Forum: Money Questions
Topic: Bitcoin on the rise
Replies: 515
Views: 107910

Re: Bitcoin on the rise

Is this a crypto or a penny stock from the 2000 tech bubble? (use max chart)? https://seekingalpha.com/symbol/SCON Crypto is a speculative asset, with a few whales and mostly small holders. It is like a theater with thousands of people inside, where a few have preferred seating near exists when the ...
by WFJ
Tue Sep 21, 2021 3:07 pm
Forum: Money Questions
Topic: Early Retirement and "Retirement" Accounts
Replies: 19
Views: 912

Re: Early Retirement and "Retirement" Accounts

To satisfy the SEPP payments, one would want to use the services of a broker to take on this responsibility. One can do it on their own, but then subject to defending IRS challenges on your own compared to saying "XYZ broker with millions of accounts estimated my SEPP".
by WFJ
Tue Sep 21, 2021 3:03 pm
Forum: Money Questions
Topic: Transfer from Betterment to Vanguard
Replies: 21
Views: 916

Re: Transfer from Betterment to Vanguard

Thanks all, for now I will keep doing what I am doing and when we move we will fly under the radar. I will always have a us mail address and a phone number. What i get from everything I read is that as far as you don’t give up your location, you are good to go. I don’t have a problem with Atm since...
by WFJ
Tue Sep 21, 2021 2:51 pm
Forum: Money Questions
Topic: Forward Looking Spreadsheet Examples?
Replies: 8
Views: 514

Re: Forward Looking Spreadsheet Examples?

A couple of posts here have mentioned creating spreadsheets that project out finances through end of life. I'm assuming it is something like a column for each year you might reasonably expect to live, with expected income and expenses and a total. I'm thinking about implementing something like this...
by WFJ
Tue Sep 21, 2021 2:36 pm
Forum: Money Questions
Topic: Cadence of Withdrawals when retired
Replies: 5
Views: 276

Re: Cadence of Withdrawals when retired

Hey there, For all of those who are successfully retired, how is the cadence of your withdrawal? where do you pull your money from first? I understand the cadence goes like below (please, correct me if I am wrong): 1 - Dividends 2 - Taxable account 3- Cash cushion (planning in having cash for 4 yea...
by WFJ
Tue Sep 21, 2021 2:19 pm
Forum: Money Questions
Topic: Inflation, Interest Rates & Financial Represion
Replies: 25
Views: 1956

Re: Inflation, Interest Rates & Financial Represion

General comments: I've observed a significant attention paid to inflation in this forum, when it's not a consideration for 99% of those in the investment world. In a lifetime of investing, I've never heard an experienced investors with say something like "I'm buying X because of inflation"...
by WFJ
Sun Sep 12, 2021 3:22 pm
Forum: Lifestyle Questions
Topic: East vs West - Rugged Individualism vs. Lying Flat
Replies: 10
Views: 787

Re: East vs West - Rugged Individualism vs. Lying Flat

https://earlyretirementextreme.com/do-i-think-asian-do-you.html --- I understand a little more than this now. Also see https://en.wikipedia.org/wiki/The_Geography_of_Thought (google Nisbett). Note how there are almost no one from East Asia here (except Singapore). I don't think that's a language pr...
by WFJ
Sun Sep 12, 2021 3:09 pm
Forum: Lifestyle Questions
Topic: East vs West - Rugged Individualism vs. Lying Flat
Replies: 10
Views: 787

Re: East vs West - Rugged Individualism vs. Lying Flat

Kristy from Millenial Revolution talks about the dynamic of filial piety, cultural expectations, and FIRE on her blog: https://www.millennial-revolution.com/build/case-study/irresponsible-parents/ https://www.millennial-revolution.com/freedom/the-power-of-forgiveness/ I've lived in two SE Asian cou...
by WFJ
Fri Sep 10, 2021 11:38 am
Forum: Lifestyle Questions
Topic: East vs West - Rugged Individualism vs. Lying Flat
Replies: 10
Views: 787

East vs West - Rugged Individualism vs. Lying Flat

I'm wondering if anyone has thought about why seemingly similar actions are interpreted so differently in the East and West. In the West, one who drops out of the rat race and finds their own path is seen as a strong an independent individual seeking knowledge and freedom (Emerson-Nature, Thoreau-Wa...
by WFJ
Fri Sep 10, 2021 11:17 am
Forum: Work & Education
Topic: Going back to work after you have retired? Any stories from those who have?
Replies: 26
Views: 4602

Re: Going back to work after you have retired? Any stories from those who have?

I have ERE'd from several careers and use the time off to enjoy hobbies, recalibrate, reskill and investigate new opportunities, never returning to previous positions or fields. I assume permanent ERE will only occur when new opportunities are not as interesting as the hobbies I (can) pursue as I ag...
by WFJ
Thu Sep 09, 2021 1:16 pm
Forum: Work & Education
Topic: working two jobs
Replies: 17
Views: 1361

Re: working two jobs

A positive relationship with a boss is worth 2x-5x the base salary. I am a career job-hoper and yet never left a position with a positive boss relationship that I still stay in contact with. My last two (and current) job-hoping motivation are due to resignation of boss and replacement of unknown/les...
by WFJ
Thu Sep 09, 2021 12:43 pm
Forum: Money Questions
Topic: Examining Inflation
Replies: 178
Views: 20153

Re: Examining Inflation

And there's the conundrum - the world's markets and the interrelatedness of it all make this a very hard task to do for the lone individual. So the question must be asked, from an ERE perspective, what is the best use of that analytical brain power? Should we be tracking inflation whose metrics are...
by WFJ
Thu Sep 09, 2021 12:38 pm
Forum: Money Questions
Topic: Is 4% dead?
Replies: 105
Views: 6484

Re: Is 4% dead?

This is regarding self-employed technical/professional workers who in my experience, rarely drift much above 1,000 billable hours a year. Most can double their income, but will quadruple work related stress. Normal corporate wage earners are much closer to topping out at all times.
by WFJ
Tue Aug 24, 2021 4:27 pm
Forum: Work & Education
Topic: Any math teachers here?
Replies: 26
Views: 1077

Re: Any math teachers here?

Undergraduate too. When I first interviewed for my grad student position I told the committee that I wanted to be a professor because I wanted to teach students who unlike HS were all really interested in the field. They laughed at me. Later (as a TA) I saw what they meant. Quickly developed the at...
by WFJ
Tue Aug 24, 2021 4:26 pm
Forum: Work & Education
Topic: Any math teachers here?
Replies: 26
Views: 1077

Re: Any math teachers here?

I think I could find it rewarding for a few years. I also wouldn't be planning on doing it for more that a few years, so perhaps there would not be a room for any accusations! Probability of accusations starting on the first day of each year follow a X^2 distribution with cumulative probability of 1...
by WFJ
Tue Aug 24, 2021 4:12 pm
Forum: Work & Education
Topic: Any math teachers here?
Replies: 26
Views: 1077

Re: Any math teachers here?

Some of the easiest money I ever made in college was tutoring a bunch of stressed out premeds in math and physics. They were highly motivated. After taxes is was the highest pay I could get - and that was compared to Bay Area tech summer internships. That was fun. Classmates told me to get a real j...
by WFJ
Tue Aug 24, 2021 4:01 pm
Forum: Work & Education
Topic: Any math teachers here?
Replies: 26
Views: 1077

Re: Any math teachers here?

chenda wrote:
Mon Aug 23, 2021 9:05 am
The stabbings might be but I'd be surprised if the difference in salary and col were that large.
Are the stabbing probabilities disclosed in the job posting or the interview process? Or is it just part of a natural experiment?
by WFJ
Tue Aug 24, 2021 3:53 pm
Forum: Money Questions
Topic: Rebalancing - How to, when and so on
Replies: 11
Views: 1616

Re: Rebalancing - How to, when and so on

I am suspicious of Robo advisors that auto-rebalance as the taxes tend to add up and fees one pays to have this tax liability start to add up over time, significantly reducing one's return. One can easily mimic any Robo or Target date fund themselves and avoid any rebalancing tax hit. "To do no...
by WFJ
Tue Aug 24, 2021 3:37 pm
Forum: Money Questions
Topic: Is 4% dead?
Replies: 105
Views: 6484

Re: Is 4% dead?

The full quote is as follows: The 4000 vs 400000 range was chosen arbitrarily but reasonably. As 7wb5 said, the problem is that under $5k/year you begin to run into mandatory hard limits like "head taxes" lest you live outside society. It is conceivable that it's just a matter of skill. S...