cko

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151.
by cko 4y ago
Some of my favorite finance-related quotes: 1. No one panic sells their home. 2. You can't live in an Excel spreadsheet.
152.
by cko 4y ago
For early retirees, Ben Felix has found the SWR to be closer to 2.7%. The oft-cited 4% depends on US data and studied 30-year time horizons. https://www.youtube.com/watch?v=1FwgCRIS0Wg
153.
by cko 4y ago
I'm surprised to see so much anti-Boglehead sentiment comments here actually. I personally think Greenspun is super entertaining and emailed him for some career advice years ago (which he replied to). Through introspection I learned wh
154.
by cko 4y ago
I really like this model of human behavior and I subscribe to it myself. It's how I explain why some people become pathological liars - because it worked well in the past.
155.
by cko 4y ago
Also, it's not like these "investors" preordered a game for $100 and it never released. They wanted to get in and out early before the hype dies. They wanted to get rich quick. Of all the games out there, why shell out tens o
156.
by cko 4y ago
> Nearly 45 million would be of working age. And how many of those would be well-adjusted productive members of society?
157.
by cko 4y ago
My favorite personal finance book in general is called The Psychology of Money but a summary of it is here: https://collabfund.com/blog/the-psychology-of-money/
158.
by cko 4y ago
Depends on your time horizon. In the very short term, inflation linked bonds as other comments mention. In the 15+ year bracket, probably equities. Perhaps real estate at a low mortgage rate but it's not very diversified. Gold is commo
159.
by cko 4y ago
Hey, do either of them have a blog? I'm interested in these lifestyles, especially the dumpster diving dude. My wife wouldn't let me squat or dumpster dive but I could always live vicariously through him.
160.
by cko 4y ago
"Today, effective immediately, I, Gavin Belson, founder and CEO of Hooli, am forced to officially say goodbye to the entire Nucleus division. All Nucleus personnel will be given proper notice and terminated. But make no mistake. Though
161.
by cko 4y ago
It should. https://collabfund.com/blog/the-fed-isnt-printing-as-much-mo... Also money printing isn't necessarily inflationary if the money stays as bank reserves. Unless... The Fed buys treasuries and the governme
162.
by cko 4y ago
> Examining driving-safety issues, Jerry found that most Tesla drivers scored lower than others on acceleration safety, but had lower average and top speeds. The electric-car drivers were also less likely to use their phone while driving
163.
by cko 4y ago
The problem with exiting is knowing when to enter. You have to time the market twice. And if you succeed you'll start to believe you're an effective market timer. Unless you're going into alternative assets? I haven't fo
164.
by cko 4y ago
(Not the OP) For those of us who are not overweight or don't have deviated septums (the usual culprits), we probably have underdeveloped lower jaws and recessed chins. These collapse on the airway when we sleep on our backs. MMA (maxil
165.
by cko 4y ago
I had the jaws moved forward. But the surgeon had noted beforehand that I had bad TMJs. So when I'm lying on my back, my lower jaw still tends to open, sitting on my airway. So I mostly sleep on my side nowadays. And sometimes use mout
166.
by cko 4y ago
As a former landlord for nine years, this is pretty correct. I did the tax deferred exchange thing once. Then I sold for cash (a pretty big no-no in terms of real estate investing) because I didn't enjoy such a concentrated risk. When
167.
by cko 4y ago
The author, Josh Brown, hosts some refreshingly fun financial podcasts on YouTube called The Compound. I've been following them for months and highly recommend it. I learned quite a bit about investor psychology and how the markets ope
168.
by cko 4y ago
I saw a video about Hong Kong where colder shopping malls are considered more upscale. Waste is a Veblen good in that context, I guess.
169.
by cko 4y ago
I think what they're trying to say is "people who have high purchasing power get a bit excited by the relatively low prices and don't bother to negotiate." Though I think it's less of negotiation skill and more of u
170.
by cko 4y ago
If you believe in factor investing, value stocks have historically performed ok in inflationary times. I've been using AVLV and AVUV, but they've been down since I bought them in May.
171.
by cko 4y ago
I think it's because some of the member states are already heavily indebted with weak economies, like Greece and Italy. A recession caused by monetary tightening may be annoying for Germany or the Netherlands, but very bad for most of
172.
by cko 4y ago
Second home financing can secured for 10% down. I think you could Airbnb it out to cover some costs, and it wouldn't be mortgage fraud as long as you use it yourself at least 10% of the time. So one idea would be to put down $40k on a
173.
by cko 4y ago
I skipped my own college grad, because I find ceremonies silly, but this poor girl (foster home background, no living family, a homeless stint, already the best employee despite having not graduated yet) just needed 2 hours to celebrate a m
174.
by cko 4y ago
My understanding was that his post was to be read in an ironic tone.
175.
by cko 4y ago
I guess not all equities. Coke and Exxon will probably be okay, but I don't buy individual stocks.
176.
by cko 4y ago
I think I'd eat it in this contrived hypothetical scenario in which I had crystal ball. I don't see how equities and bond funds don't fall 40% or more on the way to 11%. Obviously no one knows the future so I'm heavily t
177.
by cko 4y ago
If I want to build a modest cabin in a continental climate powered purely by solar+batteries, could I put the batteries underground for temperature stability? I don't know much about this subject, but I'm scared of battery fires a
178.
by cko 4y ago
The 70s were the worst time to be an investor in terms of real returns. Even worse than the 30s, which saw deflation, so the real return was actually not as bad in comparison. Also, the market would not react well if the Fed signalled they&
179.
by cko 4y ago
What could cause spiraling inflation? Human behavior? Looks like high energy costs are here to stay (due to years of ESG signalling leading to underinvestment in oil/gas) but what about other prices?
180.
by cko 4y ago
I'm not so sure about his metrics on what makes a country declining and another rising. He gathers data like education level and debt and creates an overall score for each country. He's been pushing this narrative for a while, and

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