Re: FI or bust; FBeyer.
Posted: Mon Jul 18, 2016 2:20 pm
In case you haven't seen Carlin's bit on stuff ... "their stuff is shit, and your shit is stuff"FBeyer wrote:I've come to absolutely detest other people's physical possessions...
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In case you haven't seen Carlin's bit on stuff ... "their stuff is shit, and your shit is stuff"FBeyer wrote:I've come to absolutely detest other people's physical possessions...
I envision spending the next 6-10 months reading up on RE investing along with Danish taxation and anything I can get my hands on regarding flipping and the rental market. 'same as I did when I wanted to start investing in the first place. I'll be nose-deep in books and internetz until I feel I have a somewhat good idea of how real estate investing works in DK. I'm pretty certain the first meetup is graced with the presence of someone who has worked in real estate investing for quite a lot of years...Eureka wrote:Nice update. I enjoy reading your considerations about investing under Danish conditions. This leads me to the question of how you envision to make profit of ½m dkk in real estate in the Copenhagen area.
I guess if you buy an apartment/house in a really bad condition for 3m dkk, fix it for ½m and resell it for 4½m, then you have doubled your investment after paying tax and buying/selling fees. However, this strategy needs quite some cash flow.
Or are you planning to use the ½m as a down payment for a place you'll rent out and then set the rent hight enough to also cover all mortgage and maintaining costs?
In other words: schedule an hour and a half every evening for studying. Make sure the books, notes, pencils and computer is laid out such that it's very easy to pick up and get started on your studies.Realistic, measurable, sensible goals won't get you where you want to go, systems that push you towards your goals will.
I once vectorized an f90 code (written with the mindset of f77 spaghetti, so everything was global too) turning it into HP fortran. To a large degree, I did this variable by variable: rewriting the code making the particular variable local; then deleting it from the global namespace and verifying that everything was still working(*). Rinse and repeat with the next global variable. Start with the variables that are obviously not global, e.g. "position" or "particle id", not "temperature".FBeyer wrote: Those of you in software development: How do you quickly clean up a 20K SLOC code base where EVERYTHING uses global variables? Although the code is formally split into separate subroutines, all the variables are inherited from the workspace(*****) or loaded variables from *.mat files.
I think Ferriss has actually changed a lot, and its been interesting to watch the evolution. I don't read any of his blog stuff, but do listen to his podcasts because the guests are interesting and sometimes very funny (listen to the Mike Rowe one).jacob wrote: *) I see Ferriss (or more accurately, the 4HWW book as it was written) rather differently. Or rather I SAW him differently because I haven't been paying attention since 2011 so my apologies if my perceptions no longer match. Also, I'm aware that a single publication is not necessarily representative of the person. I'm just judging by the book here. This post is rather alluding to the book persona: http://earlyretirementextreme.com/the-i ... -punk.html .. maybe he's changed since then. I wouldn't be surprised. Back then I wasn't impressed though.
Actually I was hired for the PhD for several reasons. One of the primary ones was that only one guy knew their software, and everyone knew that he was leaving the group. They needed someone with basic software development skills to take over the project and maintain it such that the rest of the group had a tool they could use for their data analysis. (Our data analysis is ridiculously convoluted, on the scale of FORTRAN implementations of coupled cluster calculations kind of complicated).jacob wrote:You were kinda put on a shite-project as are most freshmen... In phd school, you're at the point where nobody really has the answers, nor the questions anymore. You were given a bunch of broken parts and asked to make a clock out of them... Most of research is about figuring out what doesn't work. Not at all like what it is on TV science shows.
The blog was to serve several things at once: 1) as part of didactics, it's a very good idea to try to communicate what you learn to find holes in your knowledge. 2) Others can see how I think, how I solve problems, and how I work. 3) Others can see that I've been doing stats in my spare time (especially since I hardly did any math during university). 3) Others can see what kind of stats I can do.jacob wrote:Blogging (or "websiting") made it clear to me that fundamental research subjects are only interesting to about five people in the world... this observation was a material factor for me in quitting physics because I wanted to make a difference in the world.
This might be your biggest issue.
I'm doing physics out of sheer coincidence. I was looking for a group that needed a Lateral university student, not a specialist. I was looking for a group that wanted me to learn things that were new to them and to me, and see if we couldn't apply it somehow. Given that I've taken two math courses during 7 years at university(series of ridiculous coincidences actually), my math education was severely lacking. Doing the PhD was a great way to get paid while patching that terrible lack of education, and to help others with a problem they wanted solved/looked into.jacob wrote:Why are you doing physics in the first place? Because the Peter Principle is highly relevant to a physics career!!!!!
Yaaaas. I do not intend to stay in academia. Unless I can do the perpetual-postdoc route until I FIRE. That would be neat (I think).jacob wrote:...The academic success stories I know fall in two categories... There's no life balance possible. It's a mission.
That's nice to know. Thank you for that.jacob wrote:...
*) I stayed in cash for 4 years before I started investing. Those times (2001-2004) where quite similar to the current times. I had about 16 years worth of expenses before I bought my first stock... People are increasingly figuring out how to ensure that free riders are reduced to "economic profits" i.e. 3%/year. That seems entirely fair by the way.