Search found 152 matches

by Forskaren
Sun Sep 25, 2016 2:38 am
Forum: Housing Questions
Topic: Your house is your biggest liability?
Replies: 11
Views: 2956

Your house is your biggest liability?

http://www.richdad.com/Resources/Rich-Dad-Financial-Education-Blog/april-2013/rich-dad-scam-6-your-house-is-an-asset.aspx What do you think about classifying real estate that doesn't generate income as a liability and not as an asset? I like the simple definition of asset as something that put money...
by Forskaren
Sun Sep 18, 2016 1:56 pm
Forum: Miscellaneous
Topic: Electronic devices
Replies: 36
Views: 6503

Re: Electronic devices

Is it quite common that many people buy several pieces of new electronics that in principle fills the same function? If you own many devices at the same time and have a fast replacement rate of those, it has to waste a lot of money. Yeah, don't do that. I try not to replace anything unless (1) the ...
by Forskaren
Wed Sep 14, 2016 12:47 pm
Forum: Miscellaneous
Topic: Electronic devices
Replies: 36
Views: 6503

Electronic devices

I have been thinking some about money spent on electronics. I notice that over the years I have bought many cellphones, tablets, laptops and desktops. Many of the devices have much overlapping use, and I owned several working ones on overlapping time periods Is it quite common that many people buy s...
by Forskaren
Sun Sep 04, 2016 2:30 am
Forum: ERE Journals
Topic: ERE in Sweden
Replies: 56
Views: 13261

Re: ERE in Sweden

Yes, I should explore some of the local options. I think that I should start biking more.
by Forskaren
Sat Sep 03, 2016 1:00 pm
Forum: ERE Journals
Topic: oldbeyond's journal
Replies: 43
Views: 9715

Re: oldbeyond's journal

I am also thinking about decreasing time spent on useless internet use, TV etc. I am still exploring what to do. I found a interesting series of 31 days what have started with the 3 first days. The principle to find a few things that you care deeply about and focus on those seem interesting. I reali...
by Forskaren
Thu Sep 01, 2016 1:04 pm
Forum: ERE Journals
Topic: ERE in Sweden
Replies: 56
Views: 13261

Re: ERE in Sweden

In August, I had reasonable control over the expenses. A savings rate of 71% feels nice. The annual tax on my car was the only transport cost this month. I did not need to refuel the car this month. The food costs were not optimized and I bought some “TV-dinners” and pizza, which added some to the c...
by Forskaren
Sun Aug 28, 2016 1:18 am
Forum: ERE Journals
Topic: Josué's Journal
Replies: 36
Views: 5453

Re: Josué's Journal

Welcome, I am looking forward to reading your journal and see how it is going with your savings rate. When it comes to taxes, it is not relevant to get information about the conditions in other countries unless you plan to invest there or move to that country. Tax code can be EXTREMELY different bet...
by Forskaren
Mon Aug 15, 2016 1:33 pm
Forum: Miscellaneous
Topic: question for mac users
Replies: 36
Views: 4927

Re: question for mac users

Chrome books may be an inexpensive option for users with simple needs. I think the latest sales figures was that it was more chrome books being sold than Macs. It feels like a waste to buy a Mac, if you are sitting all the time in the web browser. The only reason to buy a Mac that I can see is if yo...
by Forskaren
Sun Aug 07, 2016 4:41 am
Forum: ERE Journals
Topic: ERE in Sweden
Replies: 56
Views: 13261

Re: ERE in Sweden

The tea wine was pretty ok. First it was fermanted at room temperature for one week.It became really carbonated and clear after 3 weeks in the fridge. When I opened the screw cap, the yeast moved up with the carbon dioxide bubbles and it became less clear. Taste was ok, but it smelled of baking yeast.
by Forskaren
Sun Jul 31, 2016 11:59 am
Forum: ERE Journals
Topic: ERE in Sweden
Replies: 56
Views: 13261

July

I had vacation in July, so it was some additional expenses for "entertainment". I went on two different trips, which cost money. One of the trips was a more traditional vacation with airplane travel and living in a hotel. The other trip was a long car trip to some relatives. I am getting more and mo...
by Forskaren
Sun Jul 31, 2016 4:06 am
Forum: Money Questions
Topic: What odds would you need to take this bet?
Replies: 20
Views: 2938

Re: What odds would you need to take this bet?

irl there are plenty of bets to be made where the odds of the bet don't align to the real probabilities of the event occurring (see: information asymmetry. insider trading). The main issue is the lack of ubiquitous, popular, or reliable platforms to place bets and receive payouts for a variety of e...
by Forskaren
Sat Jul 30, 2016 2:24 am
Forum: Money Questions
Topic: What odds would you need to take this bet?
Replies: 20
Views: 2938

Re: What odds would you need to take this bet?

The biggest problem is that it's a one-time offer... hard for me to take that as I'd prefer to have multiple shots. Yeah, and a very theoretical offer also... In practice this offer is too good to be true, if it really was better than 10% chance of winning and that the chance was certain. In real l...
by Forskaren
Fri Jul 29, 2016 9:20 am
Forum: Money Questions
Topic: What odds would you need to take this bet?
Replies: 20
Views: 2938

Re: What odds would you need to take this bet?

Since I am close to having the option to FIRE, I can place a small bet if I want to.

I will bet some sum on any odds better than 10%. The better odds, the bigger sum I would be prepared to gamble with.
by Forskaren
Tue Jul 19, 2016 11:11 am
Forum: Miscellaneous
Topic: Shaving machines, expensive cutting heads
Replies: 29
Views: 5664

Shaving machines, expensive cutting heads

I noticed that shaving heads like the ones below in the image, cost almost as much as some of the new shaving machines using it. Feels like a bit of a rip-off.

Image
by Forskaren
Sun Jul 17, 2016 9:19 am
Forum: ERE Journals
Topic: FI - Just Visiting
Replies: 35
Views: 5125

Re: Nitelight's Journey to FI (in 7 or less)

Impressive repayment. How did you manage to repay that much money in so short time period?
by Forskaren
Fri Jul 08, 2016 1:43 pm
Forum: Skills & Tools Questions
Topic: Making wine
Replies: 54
Views: 11101

Re: Making wine

Saving money on alcohol My new goal is to legally avoid paying a single dollar in Swedish alcohol tax. Basically that means I need to either make my own alcohol, buy it in another country or not be drinking alcohol at all. I am right new making a tea wine on an improvised recipe. I heated water and...
by Forskaren
Tue Jul 05, 2016 1:48 am
Forum: ERE Journals
Topic: ERE in Sweden
Replies: 56
Views: 13261

Re: ERE in Sweden

Probably using dividends, borrowing with stocks as security and selling stocks to some extent. It depends on if, when and how I need to use my capital. If my capital is my only source of income, I probably need to decrease the risk some.
by Forskaren
Mon Jul 04, 2016 10:13 am
Forum: ERE Journals
Topic: ERE in Sweden
Replies: 56
Views: 13261

Re: ERE in Sweden

@frihet Thanks! I am 100% invested in stocks. Virtually no cash, bonds or debt. I have not included my retirement accounts in my SWR, but those include funds, traditional retirement insurance as well as the state retirement so I have some diversification there. What do you mean by "draw down on your...
by Forskaren
Sun Jul 03, 2016 6:03 am
Forum: ERE Journals
Topic: BadHorse's slow trot towards FI
Replies: 13
Views: 3425

Re: BadHorse's slow trot towards FI

Is your transport costs included in some other cost? It is pretty nice if your transport costs really are quite close to zero, that can help a lot.
by Forskaren
Wed Jun 29, 2016 1:50 pm
Forum: ERE Journals
Topic: ERE in Sweden
Replies: 56
Views: 13261

June

Hi Cloudberry, good luck with your ERE. June report: I had a record high savings rate in June, which depends on a good income in June. I got money back on the tax this month, mostly related to that I had a temporary tax break last year on my rent and some transportation costs. When it come to expens...