Under the Yoke

Where are you and where are you going?
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fiby41
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If time is money...

Post by fiby41 »

While I'm writing this I'll cross 250 GB on present carrier.
Engineering took away 5000 hours of my life.
736 hours for learning Russian.
In the 418th hour of learning Sanskrit.

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fiby41
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This is what happens when an unstoppable force meets an immovable object.

Post by fiby41 »

fiby41 wrote:
Sun Dec 01, 2019 5:29 am
50 cows
Then or 3 that double every decade now.

Pension start date got pushed ahead to Feb 2057.

Capacitor in the fan blewout last month. 1 month without fan is a form of austerity. Sitting or excersing but mostly sitting on the terrace until battery running out got more study done than under material bodily comfort. Gave in and ordered new one.

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fiby41
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A lot can happen in 38 years, I hope my EREing is one of them

Post by fiby41 »

I'm opening an NPS account and using this space to chaff out weather I understand it correctly.

There are 3 govt and 5 private pension fund managers in the National Pension System Trust to choose from.
Tier1 is the retirement account minimum 40% of which has to be used to buy an annuity at 60 years of age whereas
Tier2 is for voluntary savings with more flexible withdrawals.
Under Sec80CCd of the Income Tax Act an additional 10 months of expenses can be saved tax-free in NPS in addition to the 30 months under Sec80CC which can also be saved in NPS apart from PPF or ELSS.
There are 4 asset classes: Equity, Corporate debt, Government bonds and Alternative Investment Funds (REITS etc)
Asset allocation regardless of pension fund manager is of 2 types: active or auto.
Auto: divided into Moderate, Conservative, Aggressive.

Code: Select all

for Tier2:
	for Moderate:
		if age <= 35:
			ECG = 50,30,20 %
		elseif age +=1 until age<55:
			E-=4, C+=1, G+=3 
		else for age >=55:	
			ECG = 15,10,75%

Code: Select all

	for Agressive:
		if age <= 35:
			ECG = 75,10,15 %
		age +=1 until age <45:
			E-=4, C+=1, G+=3 
		for age +=1 in age >=45 and age <=50:
			E-=3, C=20, G+=3 
		age +=1 until age<55:
			E-=1, C-=2, G+=3
		else age>=55:
			ECG = 15,10,75%

Code: Select all

	for Conservative:
		if age <= 35:
			ECG = 25,45,30 %
		age +=1 until age <55:
			E-=1, C-=2, G+=3
		else age>=55:
			ECG = 5,5,90%
For Tier1:
  • ECG of Moderate starts out with 25, 45, 30 %
    ECG of Conservative begins as 25, 45, 30 %
    ECG of Agressive starts from 25, 45, 30 %

Active:
Max 75% in E upto 50 years after which each yearly increment results in rebalancing of E down by 2.5%
Alternative always <=5% of total.

The NPSTrust comes under the PFRDA which also runs the APY which has a lower bar to enter than the NPS and hence has 23 million subscribers on monthly auto-debit compared to the NPS to which I'd be the ~11 millionth subscriber. I didn't sub earlier coz I was under the illusion it's only for govt servants which is actually the EPS and NPS has been free for all since 2004-5 which is also when the guaranteed (as opposed to market-based) govt pension was wound-up. These are sovereign guaranteed and so have become too big to let-fail and not bail-out.

Generating options:
8 years and 10 months which should become more than a decade in savings after living under my father's roof until 2030 when he retires leaves me with 216 months to jugaad for. I'm fiat41 meaning I could do nothing until I'm 41 and not get in financial trouble.
In the 2 decades between now and 41 I could
  1. live with parents/live in temple with devotees/live as son-in-law at wife's home or
  2. travel/rent/live on my own/live by myself
for a decade/year/month at a time or each alternately.

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fiby41
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If I didn't do it, see it or witness it firsthand; I ain't saying it

Post by fiby41 »

[Asset allocation] All savings in terms of monthly expenses.

[27.40%] 44.756600 in first bank account.
[00.30%] 00.491200 in second bank account.
[00.36%] 00.600000 in third bank account.
[16.96%] 27.700000 in fourth bank account.
[12.17%] 19.891400 in fifth bank account.
[23.02%] 37.603496 in early retirement account.
[01.06%] 01.731962 in first retirement account.
[00.09%] 00.150000 in second retirement account.
[13.96%] 22.800000 in brokerage account.
[01.94%] 03.170200 in crypto account.
[03.66%] 05.977976 in cash of foreign currency.

I've shifted my focus from resilience skills to employable skills.
In ER I'll require social skills if I'm posted in a temple community or rudimentary farming skills if posted in a farm community.

If the stages of grieving are vertically arranged each stage can be horizontally dissected into Emotional cost, Financial cost and Time cost where you move to the next stage of that cost after paying the price. Can be applied to any loss in relationships, financial, sunk cost.

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fiby41
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Not all those who wander are lost.

Post by fiby41 »

In Indra's Net each eye of the net carries the reflection of and is in turn reflected by every other eye in the net.
Web of goals analogous.
Feel free to pick holes (in the web/net, get it?)

Image

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fiby41
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Among people there's some bewildering chain called 'Hope'- bound by her they start running; freed from her, stand lame l

Post by fiby41 »

Bryan said above to give programming 1-2 years but I'm a slow learner so giving it 2½ =40 hours × 52 weeks × 2½ years = 5.2k hrs failing which I'll get admitted to masters (which'd use some programming (serendipity effects.))
Currently time logging app records 2 hours a day so I'll have to increase it 4 fold.

Anyone jobless could use ReLU function (like ramp) to estimate life energy:
Where origin is when you get a job and all inputs before it are turned to 0.
On x-axis is time and things you do to get/preparing for that job on left-side quadrants.
vs on y-axis is cumulative payout of job.
For me it'd have been between ₹144/hr to ₹173/hr had I been campus-placed. Use this when the wages are something to aspire to.

'Total' life energy would be time preparing for job (10.2k hrs = 5k hrs engg + 5.2k hrs learning to code) plus time on job (10400 hrs = 5 years × 2080 hours) = 20600 hours.

Total job payoff ₹22 lakh (5 years of working, starting salary 3.6 lakh with 10% raise/year)

'Real' life energy = ₹108/hr.

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fiby41
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या विद्या सा विमुक्तये। yā vidyā sā vimuktaye । This knowledge, she liberates

Post by fiby41 »

I spent 18 hours on this forum last month.Image12 hours on the board and 6 hours in the RSS feed.
Image
Someone having savings more than life expectancy could subtract latter from the former again and again and count the number of times subtracted as 'I have enough savings to last these many generations.'
Image

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fiby41
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Rolling in the dough, raking in the green| Had to get a hand-up like a sewing machine||

Post by fiby41 »

This month so far there were
24 days of 750+ MB/day of which
22 days crossed 1.35 GB/day but only
15 of those days with more than 1.5 GB usage each.

Really divided over if I should continue with this plan when it ends in mid-October or add parents too. Presently all three are on different networks and using the same one would introduce a single point of failure although they have work internet when there.

Total Data Used on present wifi device is approaching 0.3 TB in 6 months with 273.70 GB on the downlink and only 23.00 GB on the uplink. I consume more than 8 times of what I produce. Really need to get out of this consumer mindset.

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fiby41
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Re: Under the Yoke

Post by fiby41 »

Data prices have risen 20% since same time last year. I was going to recharge but their flagship product now is 3GB/day + 10GB and subscription to a children's movies company + cricket streaming app ...boring... but if their market penetration is what they brag it is at 60% then it means 2*10^20 bytes are moving through their network every year.
A few minutes of looking into telecom regulatory authority's laws unearthed 'Tariff Protection.' It means I can continue paying at any of the rates I've agreed to pay for before and get the same benefits.

It took some time of clicking around to find 'Tariff Protection' option on my operator's website clicking on which showed the message:
You already have an active plan. These plans are applicable for customer without an active plan.

But no info about past plans. From memory, I'll be able to choose from:
I've bought the '3 months 1.5GB/day high-speed and unlimited at reduced speed thereafter' atleast twice
I've bought the '1 year unlimited data for $22.33' only once and
I've bought the 56 days plan once with the plan ending 1 day of me landing in Russia.

So now I wait 7 hours to get a 20% discount. I'm not worried for my operator as they are already profitable.

Long live govt intervention into capitalistic excess.

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fiby41
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Re: Under the Yoke

Post by fiby41 »

Cost estimation of living in Russia if I get a scholarship:

I can live comfortably on ₽15k/month. ₽7.5k would be for hostel accommodation, hot water and electricity. Remaining for food. I know I can do this again as I've done this before. Major deterrent more than the cost is the cooking. Here I can focus all time, attention, effort on my hobbies and interests without worrying about preparing 3 square meals a day.
This adds up to ₽180k/year plus ₽20k for traveling to round it off.
₽200k/year for 2 years of post-graduation or 3 years if I opt for 'preparatory faculty.'
Min ₽400k max ₽600k = ₹427k to ₹640k
7 to 10 years of expenses spent in 2 to 3 years.
I can have a better QoL in India at a third of the cost of Russia.
Opportunity cost if I could get a fickonomical job for the same duration is saving of 5 years worth of expenses forfeited.
Another problem is ageism where each company has a different threshold of entertaining freshers but none accepts one over 30 whereas Russia is willing to consider me as a student for scholarship so long as I'm under 40.

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fiby41
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Do that during youth which will ensure a happy old age and do that during life which may enable a better hereafter

Post by fiby41 »

I read books in the public domain using notepad++ which is propping the 15%Image
Nice feature in Firefox update shows the pixel dimensions of screenshots I'm taking so I don't have to rely on intuition on if it'll fit the forum's 800 px width. But when the picture-in-picture feature of Firefox is being used, that entire time is being logged as Uncategorized.
Image Quote in title from Mahābhārata 05.035.058

Flurry
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Location: Vienna, Austria

Re: Under the Yoke

Post by Flurry »

Holy shit, I am overwhelmed by your motivation. Feels like a reality check how lazy I am myself in terms of career and getting better at something. It really makes you fat and lazy to live in a first world country. Keep going with your great progress.

LiberateMind
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Joined: Fri Oct 26, 2012 8:18 pm

Re: Under the Yoke

Post by LiberateMind »

Wow.. Very dedicated effort fiby41. Nice charts by the way, how do you log the hours? I used to log hours in journal, but then I have to remember every hour and then transport to excel. Definitely interested to know how you track yours continuously without break.

Have a look at the below course, might help you with increasing your learning skills.

https://www.coursera.org/learn/learning-how-to-learn

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fiby41
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Re: Under the Yoke

Post by fiby41 »

LiberateMind wrote:
Sat Nov 21, 2020 3:16 am
how do you log the hours?
I use https://www.rescuetime.com/rp/vnm

Total Time Logged 1,864h 40m
That's 2 months, 16 days, 20 hours, 30 minutes, and 39 seconds!
Total Productive Time 814h 10m
That's 1 month, 3 days, 12 hours, 5 minutes, and 32 seconds
Total Distracting Time 715h 20m
That's 29 days, 19 hours, 20 minutes, and 14 seconds

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fiby41
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Re: Under the Yoke

Post by fiby41 »

₹500 for bus fare to 2 eco-villages. Found out later that it was ₹200 for students which I am. Food, accommodation free.
Cows: Caressed and fondled calves, fed cows, cleared stones, big and small, from their grazing/roaming grounds.
₹50 for 11 incense sticks and bio-degradable stand to hold them.

₹1050 + ₹180 GST (tax) = ₹1239 for 1 month of protein powder + ₹11 tip. Joking, I am too cheap to tip, change was in wallet for the incense sticks and me too absent minded to take it out afterwards in time. :cry: This is my first online purchase in 2 years. I feel its warranted to buy protein now as I've been exercising to devotional music for 30 then 40 then 50 minutes and now 1 hour 20 minutes for 8 months regularly.
Last line should've been posted in the How Do You Exercise? thread but I didn't because I was unsure of how long I'd stick to it and now I can't find that thread. Having mixed feeling about continuing buying protein due to the treatment of cows from whose milk it is synthesized. I am perpetually FI, provided I join the farm community or remain with parents or live in either of their flats in my hometown.

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fiby41
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Re: Under the Yoke

Post by fiby41 »

Father building bungalow on 1/8th acre land.
Land bought at ₹1500000 in 2013.
Construction cost estimated to be between ₹18-2200000.
1000 sq ft 1st floor, 500 sq ft second floor.

2.5 months of crypto bought 3 years ago now 7 months worth.
Liquidated MFs for filling PPF in financial year starting March.
Average return over 4 years 6.63%.
Sitting on ₹115000 cash.

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fiby41
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Re: Under the Yoke

Post by fiby41 »

Image

I'm on 2GB/day plan but seems that I end up using 1.5GB/day only. Should downgrade this October.

Image
Total Data Used
UL:
58.90 GB
DL:
553.40 GB

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fiby41
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yoga-kṣhemaṁ vahāmyaham...I protect what they have and carry what the lack.~ Kṛṣṇa, in Bhagavad-gītā Chapter 9, Verse 22

Post by fiby41 »

Traded 11 months of expenses now for 14 39 months later.

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fiby41
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So much I have now. So much I'll gain in the future.

Post by fiby41 »

70 months of expenses in JSFB.
02 months of expenses in APY.
26 months of expenses in crypto.
01 month of expenses in 2 other bank accounts.
11 months of expenses in SCBL.
12 months of expenses in USFB.
75 months of expenses in PPF.

16 years of savings. 17 years of expenses yet to save for.

LiberateMind
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Re: Under the Yoke

Post by LiberateMind »

That is fantastic level of savings in terms of expenses. For what scenario do you have that level of expenses saved? Is it possible to maintain the same level of expenses when living alone?

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