prev <-> next
[2018-05-30 14:17:56] - a: Oh I gotcha. Like include the companies contribution to insurance cost. -Daniel
[2018-05-30 14:17:10] - "last year" yeah but if you're budgeting past retirement, you shouldn't look at how much you spent, you should look at how much you spent *plus* how much your companies spent. (at least that'll be closer, right?) ~a
[2018-05-30 14:11:54] - a: Yeah certainly I think thats one of the hardest things for me to budget / estimate. It can wildly vary all over the place. I don't think we spent a lot on healthcare last year though but whether that means anything going forward is kind of hard (impossible?) to say. -Daniel
[2018-05-30 14:10:08] - a: I don't know that I have a good explanation of those. I feel like I remember trying * a long time ago and it not working for me so just giving up and using product but I'm not sure at this point that I know why it didnt work since there isn't a lot there to work or not work. Probably after that an example of just not revisiting things you already "know". -Daniel
[2018-05-30 14:10:08] - daniel: your healthcare estimate is probably too low
most 3-person families in my company already spend much more than that if you don't count the companies contribution. ~a[2018-05-30 14:06:52] - daniel: some things that surprised me about your documents: product can take more than two arguments so product(product(a, b), c) can be product(a, b, c), right? also why don't you just use * and /? a*b*c or a/b instead of divide(a, b)? ~a
[2018-05-30 13:00:29] - So you retire at age 40 and you convert the amount of money you need when you are 45 into a roth account. At age 41 you convert the amount you will need at 46. At age 42, 47 etc. When you get to 45 you can withdraw the previously converted money from your roth account. -Daniel
[2018-05-30 12:59:27] - Daniel: Ah, interesting. I don't anticipate needing that.
-Paul[2018-05-30 12:58:50] - Paul: The method is based on the idea that you can convert chunks of traditional money (401k / IRA) to roth and pay taxes on that converted amount. Also you are allowed to removed roth contributions (not gains) after five years tax free. Those two things allow for the roth ladder. -Daniel
[2018-05-30 12:57:44] - Paul: Its a method to get access to traditional 401k / IRA money prior to 59.5. -Daniel
[2018-05-30 12:56:09] - Is this roth ladder calculation basically trying to convert traditional IRAs and 401(k)s to Roth versions in small increments during low tax (ie, low income) years to minimize taxes? -Paul
[2018-05-30 12:50:23] - paul: i also doubt you'd demand a rake. ~a
[2018-05-30 12:49:55] - daniel: i would like to see your roth ladder calculation. i have a roth ladder calculation of my own, and would like to compare. ~a
[2018-05-30 12:47:14] - a: I doubt we'll be betting bitcoin on the outcome.
-Paul[2018-05-30 12:46:35] - 10% of zero. woo! ~a
[2018-05-30 12:45:39] - paul: i demand 10% of the rake
~a[2018-05-30 12:43:03] - a: I was thinking of using a simplified version of it to try running a stock market challenge with a group of coworkers. -Paul
[2018-05-30 12:35:41] - a: I didn't know about arrayformula. Looks like you could do some neat stuff with that. -Daniel
[2018-05-30 12:35:04] - a: Yeah offset would probably work. I guess the benefit if there is one is that I can move my living expense column freely relative to my roth ladder table? But thats a pretty small benefit for a more complex cell formula. -Daniel
[2018-05-30 12:31:37] - yeah, i'd probably would have used offset for that. then the "&" can be a comma (obviously also swap the row and column), and "livingExpCol" can be more general: it deosn't have to be a letter. ~a
[2018-05-30 12:28:28] - a: =IF(X13=1,INDIRECT(livingExpCol &Y13),IF(X13=0,INDIRECT(livingExpCol &Y13),0)) - one of my more complex spreadsheet parts. I'm go back and forth between happy/proud I made it work vs almost sure that I'm making it more complex than it needs to be. -Daniel
[2018-05-30 12:28:16] - daniel: while we're on the topic. arrayformula confuses the shit out of me. control-shift-enter maps to arrayformula, but i'm not always sure when i'll need it in advance. ~a
[2018-05-30 12:25:15] - daniel: no! indirect is awesome! i do use offset though, which is pretty similar in a lot of ways. also vlookup/hlookup work similar to match+offset. also filter
~a[2018-05-30 12:22:55] - a: I made a part that will model out what a potential roth ladder conversion will look like to bridge the gap between retirement and 60 and how much you need in taxable accounts, how much will converted, etc. Its where I use the indirect stuff. -Daniel
[2018-05-30 12:19:55] - a: I should share my improved retirement sheet with you at some point. Have you used indirect in your sheets? -Daniel
[2018-05-30 12:13:51] - "data -> named ranges" is what it is in google sheets. ~a
[2018-05-30 12:13:11] - daniel/paul: i gotta give credit where credit is due. because of one of daniel's spreadsheets i learned about *NAMED* cells in google sheets. i use the shit out of that now on a number of my spreadsheets. ~a
[2018-05-30 12:06:08] - Oo Andrew moves into 2nd! -Daniel
[2018-05-30 11:55:20] - "was it done entirely using built-in google sheets functions that could be reproduced in any other google sheet?" yeah i'm like a fucking expert-level spreadsheet master at this point. i got lots of other sheet-fu if you want to geek out on spreadsheets some time. "Do you mind if I shamelessly steal it for use elsewhere?" YES. COPYRIGHTED. NEVER steal my spreadsheet one-liners. jk, what's mine is yours. what are you using it for? ~a
[2018-05-30 11:17:50] - a: Random question about the stock market challenge spreadsheet that you put together: Was it done entirely using built-in google sheets functions that could be reproduced in any other google sheet? Do you mind if I shamelessly steal it for use elsewhere? -Paul
[2018-05-30 10:49:35] - a: We do tend to keep fairly high balances in our checking account. -Paul
[2018-05-30 10:49:10] - a: I'm sure I've paid BoA more than I think, but I honestly feel like they mostly only get indirect money from me (loaning out my cash balance sitting in our checking account). -Paul
[2018-05-30 10:47:51] - paul: "I'm working to thwart it." hah. imo boa has made tons of money off of me, so they probably aren't hurting for a few free trades. my minimum balance is sometimes low ($100 or lower), but i also sometimes have a very high balance right before tax-time. ~a
[2018-05-30 10:25:16] - a: Mine isn't quite as dramatic, but over the past 2 months it's gone from 15 to 24, so that's a nice 60% gain? -Paul
[2018-05-30 10:23:55] - "they're saying that if i send my (80k) IRA over there that will count?" That's how it worked for me, although it's a rolling average of the past 3(?) months, so you wouldn't get the free trades until it was there for a few months. I moved my IRA over and that's what put me over the limit. Not sure how they plan to monetize me, but I'm working to thwart it.
-Paul[2018-05-30 10:18:57] - 2 to 8 (+300%) would win the challenge regardless of your other 4 holdings
~a[2018-05-30 10:18:20] - paul: yeah i always felt that way about acbff. before the last challenge started it went from 2 to 8. now that the challenge started it's gone from 8 to 6
~a[2018-05-30 10:15:59] - paul: 50k . . . they're saying that if i send my (80k) IRA over there that will count? it's interesting that they would count my invested amount, they can't really make money on the invested balance, right? (maybe because they know if you have 50k in invested stuff, that you'll eventually have at least some uninvested balance that they won't give you interest on?) ~a
[2018-05-30 10:15:15] - a: Btw, I'm so anxious for the next stock market challenge to start for two very different reasons. One is because one of the companies I was going to pick keeps going up (I'm missing out on those gains!) and the other is because another company keeps going down (I want to lock in that low price before it rebounds!). -Paul
[2018-05-30 10:03:21] - a: https://www.bankofamerica.com/preferred-rewards/details/ Sounds like $50k gets you 30 free trades a month. -Paul
[2018-05-30 10:02:22] - a: I can't remember the exact amount, but I'm pretty sure a combined checking and brokerage balance over $100k gets you free trades (you might get it at lower amounts too). -Paul
[2018-05-30 09:56:34] - a: Point taken. I guess in my case I am usually selling a winner (let's just call it Netflix) to buy something I don't own yet, so it's not really a weed or a flower (or grass). Historically speaking, though, it's been a weed compared to NFLX.
-Paul[2018-05-30 09:55:44] - paul: yeah, i only need one trade a month too.
at $7, that adds up to $1000 every 12 years. i've considered the robinhood app too. to get "platinum" in boa, you have to have a minimum balance, right? i have my checking account with boa, and have direct deposit. is that all i need to get free trades? ~a[2018-05-30 09:52:26] - paul: "letting your winners run and not trimming your flowers to water your weeds" i follow and agree with these analogies, but this is not an opposite to "rebalancing". you can do both. in other words, you can rebalance without trimming your flowers to water your weeds. i'd prefer a more accurate but less meaningful analogy: trimming your flowers to water your . . . average earning . . . grass? ~a
[2018-05-30 09:48:36] - a: That reminds me, though, I am not paying trading fees anymore courtesy of switching to Merrill Lynch. I was depressed by the hundreds (maybe even thousands, like you said) I had paid over the years in trading fees. I've got our checking account with BoA / ML, so we're in the platinum tier of rewards and I get 30 free trades a month (of which I use like 1). -Paul
[2018-05-30 09:47:27] - a: Yeah, I think I'm mostly the same way. I just know there are some at TMF who believe in letting your winners run and not trimming your flowers to water your weeds, so to speak, and I've mostly regretted selling my winners. I also have 100% of my individual funds in tax advantaged accounts (mostly Roth IRA) so I don't worry about capital gains. -Paul
[2018-05-29 16:35:31] - paul: first question: yes-ish. second question: no-ish. i rebalance, but only rarely. like, it's a tradeoff. on the one side, i literally pay thousands in trading fees over the decades, but on the other side, rebalancing (imo) is an important part of hedging. (100% of my individual funds are in an ira, i don't have to worry about capital gains, so i just try to minimize fees). ~a
[2018-05-29 16:24:19] - a: Question: Does the size of your individual stock positions more closely mirror your conviction in those stocks? Or their performance to date? Put another way, how often do you re-balance? -Paul
[2018-05-27 08:28:32] - it doesn't matter if you want it to happen or not. wanting it doesn't change the outcome. this is why i love hedging.
~a[2018-05-25 16:03:20] - https://www.cnbc.com/2018/05/25/netflix-could-rise-by-another-30-percent-in-2018-market-watcher-says.html This is why I hate hedging. I don't know if I want this to happen or not! -Paul
[2018-05-25 14:09:31] - Heh, if you google "anagram", it asks you: "Did you mean: nag a ram?" -Paul
[2018-05-25 13:02:11] - a: I finally went ahead and sold some of my NFLX (20%). It hurt, because it's been such a good performer for me and I really do still believe in it, but it had gotten to be close to 15% of my individual stocks portfolio and there were other companies I wanted to dip my toe into. Amazon is back to being my largest holding around 12%. -Paul
[2018-05-25 09:55:18] - a: thank you, cool article! - aaron
[2018-05-24 17:02:31] - he added in timing and graphics and shit, and then the implementation looks a lot less simple
~a[2018-05-24 17:01:51] - aaron: article that combines two of your loves, 8-bit gaming and java. it's a short read. also the first version (e6230db) looks to be a very simple implementation! (no real graphics or timing though) ~a
[2018-05-24 16:29:39] - paul: yep i was without internet for just under 48 hours. i had wireless though. ~a
[2018-05-24 15:53:52] - a: You were without internet for all of those days!? -Paul
[2018-05-24 15:44:39] - sorry the message board was down for so long! my fios terminal broke during the last rain storm and it took them a few days to come out to my house. old fios terminal new fios terminal ~a
[2018-05-22 15:34:49] - aaron: it's weird that the parents, the same parents that got angry by the way, didn't read the scripts either. ~a
[2018-05-22 15:08:43] - I would suspect that taking a look at housing regulations and price controls might also be important in terms of seeing if there is a correlation between those and mortgage/rent costs outpacing income gains. -Paul
[2018-05-22 14:54:05] - OK, I need to correct my "poor correlation" statement. It actually shows much what I said would happen. As income increased, rent also increased, and in fact rent outstripped the pace of income growth, but the "outstripping" is what is poorly coorelated. -- Xpovos
[2018-05-22 14:52:14] - https://www.deptofnumbers.com/rent/california/san-francisco/#pct_income Seems to show poorly coorelated effects, or non-correlation, comparing a specific city with wealth issues, the entire state and the country as a whole. Meanwhile, this is the other significant citation: http://www.cbo.gov/sites/default/files/cbofiles/attachments/44995-MinimumWage.pdf -- Xpovos
[2018-05-22 14:50:04] - 2015 article says, "In 2003, San Francisco raised its minimum wage to $8.50/hour, and has been raising it consistently since then (last year, San Francisco voted to raise its minimum wage to $15 over the next two years)." https://www.ezlandlordforms.com/articles/news/556/how-does-raising-the-minimum-wage-affect-rents/ Has citations! -- Xpovos
[2018-05-22 14:46:53] - Here's an article, not where I want to be yet, but it came up in a quick search. https://www.washingtonpost.com/news/wonk/wp/2017/06/08/heres-how-much-you-would-need-to-make-to-afford-housing-in-your-state/ Stunningly, NOVA pushes all of VA's rental price up to a high level, rather than the rest dragging NOVA down, as you might expect. -- Xpovos
[2018-05-22 14:44:50] - Daniel: I'm sure that data exists somewhere. Researching it would be a fun project. I'll have to see if I can figure out how to do it. In the meantime, I'll state the hypothesis to be tested. Because, of the budget items listed in the EPI source, housing is the most elastic with respect to income, I'd hypothesize raising minimum wages would increase rents nearly proportionally. -- Xpovos
[2018-05-22 13:21:33] - http://ew.com/tv/2017/03/16/adam-sandler-made-child-actor-cry-bill-madison-conan/ Adam Sandler actually pegged those kids with dodge balls in Billy Madison, and apparently the parents weren't happy... Ha ha - aaron
[2018-05-22 09:59:20] - mig: Yeah I was just thinking some way to look before / after might be interesting.. Always the challenge of economics is that there are so many interacting and interdependent factors. -Daniel
[2018-05-22 09:50:31] - daniel: seattle has a $15 minimum wage, and as we've discussed also has an issue with affordable housing. Though obviously there are other factors there for those problems (as we have also discussed). - mig
[2018-05-22 09:46:36] - xpovos: Is there a way to look at real estate / rent prices in places that have raised minimum wage in the last 10 years? See what happened to those markets? Would be interesting to see. -Daniel
[2018-05-22 08:59:05] - So, EPI's solution of increasing wages, particularly the minimum wage, seems most likely to just, in these cases, be a tool to increase property values, and raise rents. Is that a fair analysis? -- Xpovos
[2018-05-22 08:58:06] - So, a thought experiment. Just magically raise my salary (and that of everyone in a similar situation) to the projected budgeted value--what happens? Well, the housing costs number is going to skyrocket. That's the scarcest. Other numbers are likely to creep up too. If I'm making more money, wouldn't I get a better/nicer car, to a's chagrin? -- Xpovos
[2018-05-22 08:56:37] - Here's what their budget calculates for me. https://i.imgur.com/tNIVQFn.png. I obviously have a much lower budget than that overall, and so therefore, most of my line items are also significantly lower. But to EPI's point, I wouldn't consider my situation to be comfortably middle class. -- Xpovos
[2018-05-22 08:54:00] - a: I'm not sure what the point is. EPI, which according to Wikipedia is generally considered pro-labor/liberal, is seeming to make a point that incomes don't generally match the levels required for a comfortable middle class lifestyle (upper middle class?). -- Xpovos
[2018-05-21 16:51:38] - paul: or taxes. ~a
[2018-05-21 16:18:59] - Xpovos: I guess I'm not sure what I'm supposed to take away from things like that. Everything seems pretty variable. If I had to guess, most people here probably spend more on housing... -Paul
[2018-05-21 16:11:38] - xpovos: interesting numbers, but what's the point? to show differences in HCOL vs LCOL areas? to show the location of the poverty line vs the median or something like that? ~a
[2018-05-21 16:00:50] - Thoughts about this? https://www.epi.org/resources/budget/ -- Xpovos
[2018-05-21 13:29:58] - a: If its actually a basket whose performance you are interested in comparing to thats fine. I just thought they were a random assortment of indexes you wanted to keep track of. -Daniel
[2018-05-21 12:59:54] - daniel: you're just sad that the indexes are at the #2 place? you're sad that vgt will always beat vt? ~a
[2018-05-21 11:56:07] - Related to Daniel's request, I tweaked the calculation for the change for the TMF100 Index so that it measures from the most recent time that we have numbers for it as opposed to the first interval (where there was no info for the TMF100 index). I figure at worst, it should harm its performance so it should be okay. -Paul
[2018-05-21 11:45:14] - For the challenge spreadsheet can we remove the rank for the five indexes? Does we care where those five indexes rank? I always just ignore them. -Daniel
[2018-05-21 11:34:30] - a: I think for Vanguard specifically there is very little difference that I'm aware of between them. I'm fine with the ETF if its a little bit more real time. -Daniel
[2018-05-21 10:53:12] - paul: i love the 15% bump on acbff (friday and monday) thanks to the new york city mayor. ~a
[2018-05-21 10:51:39] - daniel: do you want vtsax/vtiax for 2018-2019? or would you prefer vti/vt? i like the latter better, because numbers aren't always a day behind. irl, i use the former but i'm not sure why? ~a
[2018-05-21 10:46:46] - paul: yeah, love it. either one of those is fine with me. ~a
[2018-05-21 10:43:35] - a: So, I'm thinking for stock market challenges going forward, maybe the rule can be: You can choose up to 3 stocks that were chosen in portfolios at least 2 rounds ago. The other 2 must be new picks. Or, it could be max of 2 from each portfolio at least 2 rounds ago. Obviously Daniel would be exempted. -Paul
[2018-05-20 12:02:32] - a: Your car data? I've had a lot of similar years. The family has two cars now, but the one that is "mine" is ~12K miles/year. It's also a hybrid, so the output should be a little better on average. But in 2008 I put 25K+ on a car and that car was in the shop for post-accident repairs for about two months. I put another 6K miles on rentals. -- Xpovos
[2018-05-20 11:39:43] - usage of toyota corolla 2004, output of toyota corolla 2004 ~a
[2018-05-19 12:41:25] - xpovos: "more jobs not in the cities" totally agree. i can't imagine having my company in dc. most if not all of my employees would change companies if we moved into the city. i think the solution to this "problem" of car-addiction will be multifaceted. ~a
[2018-05-18 20:20:09] - What you really need is not bike to work but telework. Or more jobs not in the cities. -- Xpovos
[2018-05-18 20:19:48] - There really is a limited amount of real estate within biking distance of my job (and most of these jobs in this area). That real estate can only hold a limited number of people, even in efficient design--which we admittedly do no have. That limitation inherently prices people out. And if it didn't, more people would move in--and then it would price out different people. -- Xpovos
[2018-05-18 20:18:37] - a: The reduced health insurance premium is a pittance against the effect on my income required. Similarly, the change to my income required to make it work is so significant as to outweigh those other benefits, when applied to a larger case load, rather than just an individual. But the biggest issue isn't even that economics, but the physical limitations. The reason why the property near my job is so expensive in the first place. -- Xpovos
[2018-05-18 18:59:58] - xpovos: people who bike/walk to work also smoke less, but that might be a correlation instead of a causation. ~a
[2018-05-18 18:57:50] - xpovos: healthcare companies are already starting to charge people who walk/bike to work less than the general population. ~a
[2018-05-18 18:57:46] - xpovos: "But that will come with enormous costs" are you sure you're looking at the net costs? i think if you look at the savings (in lives lost to obesity, lives lost to car crashes, money in healthcare due to obesity, money in healthcare due to heart disease, money in healthcare due to car crashes) and the costs, you'll find that it saves us money. big league. ~a
[2018-05-18 17:58:44] - a: I posit there are far more people in my situation (or worse) than people in your position. I'm happy it works for you. I would love to see it expanded, at least somewhat. Biking should be more of an option, and it should be safer. But that will come with enormous costs. -- Xpovos
[2018-05-18 17:42:33] - my idea (hell it's not my idea, lots of people have this idea) only works for some people in some situations, not for all people in all situations. ~a
[2018-05-18 17:41:27] - xpovos: i guess i'm less speaking about you and your specific situation, i'm more talking about the general person who is finding a job and a home, and deciding where to live and deciding where to work, and living their lives. ~a
[2018-05-18 17:39:41] - xpovos/paul: i completely agree that it's very complicated. especially when you have kids in school, and you have a spouse who works, and you have other things you care about. but i feel like nova deals with those complications by creating giant highways and shitty commutes. i just want to walk to work. in cities and in rural areas, they can (by comparison) walk to work, why are suburbs so shitty? ~a
[2018-05-18 17:39:15] - a: I could almost certainly get one of several jobs that pay less. -- Xpovos
[2018-05-18 17:39:00] - a: I can't get a job that will pay more, no. If I could, why would I not have already taken it? -- Xpovos
[2018-05-18 17:37:06] - xpovos/paul: my thesis is that (especially in nova) people accept they have to use cars because they find a job they like, and they a house they like, and they make these decisions independently of each-other. i think nova is crazy. i think in some areas (ironically in cities, and in rural areas, but *less so* in suburbs), people find a place to work that's near their home, or they find a home that's near their work. ~a
[2018-05-18 17:34:38] - xpovos: you're assuming you can't change jobs? ~a
[2018-05-18 16:25:16] - In my opinion, this constriction goes beyond the "trade-off" argument, though I recognize that may be a weaker point. I'm sure it's possible to cram all of us into such a dwelling. That probably has a ton of other positive benefits for the environment too. But I'm not going to volunteer for it. -- Xpovos
[2018-05-18 16:23:58] - It is not practical for me to have a wife and three kids living in a 2-bedroom apartment. If I want something larger, I need to move farther away, out of biking distance. -- Xpovos
[2018-05-18 16:22:58] - If I have to provide shelter for myself and my family, and also feed everyone, on the salary I make then I am going to have limited options on where I can live. For the price I pay in mortgage, an equivalent price point residence in biking distance to work would be a 1-bedroom apartment. Maybe I could get lucky and squeeze a 2-bedroom. -- Xpovos
[2018-05-18 15:23:35] - I'm not necessarily complaining, just pointing it out because I think it's good to be informed, especially when it comes to a company with as much power to control public discourse like Google has. -Paul
[2018-05-18 15:23:13] - http://reason.com/volokh/2018/05/17/google-now-deindexing-some-web-pages-at This goes to something that I had referenced before: Google seems to be very slowly expanding the list of things that it considers worth censoring in some fashion (whether it's preventing ads or de-indexing). -Paul
[2018-05-18 14:54:39] - a: That's basically the only reason I got it. I was like, "This can't be what OS machines are running now because where is XP?" -Paul
[2018-05-18 14:50:42] - paul: we need xp. and me. ~a
[2018-05-18 14:49:21] - ha. i smiled right away. :0 ~a
[2018-05-18 14:36:54] - https://twitter.com/slashdot/status/997524581090021379 It took me WAY too long to get this. -Paul
[2018-05-18 14:34:53] - a: Hmmm, I think I see your point, but I don't think Xpovos was literally saying that there was no way he could bike to work, I think he was just saying the same thing I was (that it was involved in a series of trade-offs). I don't want to put words into his mouth, though. -Paul
[2018-05-18 14:22:49] - paul: if i didn't bike or walk to work every day, i'd be pretty sad, but i think it would be because i made a choice. i made a tradeoff. maybe a job situation changed and it seemed like the best opportunity for me was working in a place that i could never consider biking to, not because i was forced into something by employers. not because i had to make due. ~a
[2018-05-18 14:19:38] - paul: i dunno. "we have to make do" and the context that the employer's generosity are to blame, and "A lot of decisions (and restrictions) go into where we live and work" aren't completely equal. he's saying he has no control on whether he can bike or walk to work (i disagree with xpovos on this). you're saying there are some things that are prioritized into whether you can bike or walk to work (i completely agree with you here). ~a
[2018-05-18 14:13:12] - a: Believe it or not, I would love to live close enough to my job that I could consider biking to work. I'm keenly aware of how much money I am burning on gas and the commute is not at all fun. I just don't see an easy solution. -Paul
[2018-05-18 14:11:35] - a: That we sell our house and buy one we potentially like less (and at least probably lose a lot of money in transaction costs) so that I could bike to work? -Paul
[2018-05-18 14:11:10] - a: We plopped down a LOT of money for a house, then my job situation changed and it seemed like the best opportunity for me was working in a place that I could never consider biking to. For my situation, what would you recommend? That I take a crappier job so that I could bike to work? -Paul
[2018-05-18 14:09:36] - a: I dunno, I'm a little bit with Xpovos on this. A lot of decisions (and restrictions) go into where we live and work. Obviously I never would've planned to have a commute which has me driving around 3 hours every day (including picking up and dropping off the girls at school and classes), yet that's where I ended up. -Paul
[2018-05-18 09:27:07] - xpovos: "we have to make do" i don't buy this. there are places to work that are close to where you can afford to live. you don't always have to move to a place with good biking infrastructure, if your place to work is close enough (say less than 6km, but 3km if the biking infrastructure is truly shitty): the biking infrastructure can come to you much more slowly. most places in virginia you're allowed to bike on the sidewalk. ~a
[2018-05-18 08:57:46] - a: Interjecting myself again, I might consider moving to a "real" town if you hire me and pay me a salary that would allow me to actually live in such a place. Since I, and most people, work for less generous employers, we have to make do. I cannot bike to work. I wouldn't mind, I don't think, but I'll be honest in saying that it is so far from a possibility that I don't even think about it at all, so I could be wrong about my op. -- Xpovos
[2018-05-17 20:29:44] - a: misread the figure as US power plants. whoops - mig
[2018-05-17 19:45:53] - a: "assuming nuclear is not allowed" Sorry, that was lazy shorthand. I just meant assuming accelerated nuclear wasn't an option, that fracking is probably second best. Or maybe third best after green power depending on location? -Paul
[2018-05-17 18:06:35] - virginia is pretty awesome about electricity generation. we only put out .4 kg CO2/kWh (1e-10 metric tons CO2 / J) in our parts of virginia. even though everywhere is a good place to own an electric car (even in a coal only area), it's especially good here. ~a
[2018-05-17 17:11:15] - mig: here's my source. again, world. 450 operable. 58 under construction. ~a
[2018-05-17 17:06:50] - mig: your figure is united states and my figure is world. i even said "a plurality of those are in the united states". ~a
[2018-05-17 16:59:40] - a: "450+ plants" source? <a href="https://www.eia.gov/tools/faqs/faq.php?id=207&t=3">This figure seems to be in conflict<a>. - mig
[2018-05-17 16:53:26] - "assuming nuclear is not allowed" there are like 450+ plants. tons of new ones in production. a plurality of those are in the united states. where is nuclear not allowed? ~a
[2018-05-17 16:49:05] - paul: "sorry" i was the one that said it was your commute distance that was the real deciding factor. if your commute was 6 km or less, i think the rest would be ok. for instance, sometimes i commute home on my bike, then drive to something that requires the car. it's better than driving my car to work because i drive much much less when i commute to work on a bike. i even got a cover for my car, that i hardly ever remove. ~a
[2018-05-17 16:40:01] - mig: Yeah, I know fracking might have its own problems, but it still seems on the net better than coal, so transitioning more to that (assuming nuclear is not allowed) seems good as well. I'm also interested in seeing how affordable solar panels can get. Can we get rid of those tariffs, please?
-Paul[2018-05-17 16:38:41] - a: I would say it averages 5 days a week.
Biking just isn't in the cards for my current lifestyle. Everything from my work commute to my responsibilities with the family basically rules it out. Sorry. I'll entertain other suggestions, though, especially if they can save me money. -Paul[2018-05-17 16:26:24] - paul: wider adoption of natural gas is also an option for bringing co2 emissions down. - mig
[2018-05-17 16:24:26] - also bike lanes in fairfax county are really bad. move to a real town. ~a
[2018-05-17 16:23:40] - paul: (B) woo, yeah i have two too! when i'm at work, my AC or heat turn down. (D) "routinely" = how many days per week? i did mention 6 km (4 mi) for a reason. your 40k bullshit commute is super lame.
~a[2018-05-17 16:20:04] - paul: (A) this is the best! lots of our CO2 comes from electricity and once more cars go electric, that will only go up. apparently the spent fuel waste from these plants is *nothing* compared to the bullshit that comes out of coal, natural gas, and petroleum plants. ~a
[2018-05-17 16:11:19] - a: (D) I own a bike. Sure, I might consider biking to work (I assume that's your real question) depending on a few variables like if there are trails I can use and the weather and whatnot. Keep in mind, though, that I routinely have to pick up my girls from school and take them to after school classes too, so biking for me is pretty hard right now. -Paul
[2018-05-17 16:09:52] - a: (B) Not sure if you are asking specifically if I have/do these or if I recommend them, but I'll do you one better. I've got two programmable thermostats in my home. Sure, I would recommend them. (C) I replaced a bunch of perfectly good incandescent bulbs with LED bulbs even before they burned out. -Paul
[2018-05-17 16:08:37] - a: (A) I don't really know what the high impact things are, but I'll go ahead and throw out one idea: Reduce government regulations to make it easier to make nuclear power plants. I assume power plants are some of our biggest problems right now, and it seems a huge shame that we seem to be scared off of a relatively abundant and clean power source like nuclear. -Paul
[2018-05-17 16:04:11] - paul: "I think I would find it easier to respond to specific recommendations on actions to take" A (most important one). do you have any suggestions of your own? B. if you own your home, buy a programmable thermostat that turns down when you're at work? C. when an incandescent burns out, consider replacing it with an LED? D. if you live within 6 km (4 mi) of work, consider buying a bike? ~a
[2018-05-17 15:26:47] - a: (3) I do not think it's a hoax of any kind. Like Andrew, I think that IF global warming turns out to not be real (or not be caused primarily by humans) or whatever, then it would not be due to some group intentionally trying to mislead. -Paul
[2018-05-17 15:25:26] - a: (2) This is harder to answer. I think I would find it easier to respond to specific recommendations on actions to take. I don't think we should be mandating reductions in emissions or higher fuel efficiency standards or outlawing incandescent bulbs, but I also am a big fan of what Elon Musk is doing and largely replaced my bulbs with LEDs and gave serious consideration to solar panels. -Paul
[2018-05-17 15:23:18] - a: Okay, I guess here are my short answers (although I think there's a lot of nuance I'll probably be leaving out for some answers): (1) Not completely unconcerned, but also not overly concerned. I would put my concern on roughly the same level of a nuclear holocaust or biological weapon run or antibiotic resistant super-bug. -Paul
[2018-05-17 14:40:29] - If this is not real then the error lies in generally well-intentioned but flawed analysis, not in malfeasance. Or it could be real. Either way, China is not to blame, for competitive industrial, or other reasons. -- Xpovos
[2018-05-17 14:39:35] - a: Excellent questions. I can provide my own answers. 1) Do I find it concerning? Not particularly. 2) Do I think we should be taking any actions? Directly as a result of this, no. But I do agree that there is a constant need for improvements in efficiency Much of that is on an individual basis. 3) Did China conceive of this as a hoax to make U.S. manufacturing non-competitive? No. I don't believe it is a hoax. [...] -- Xpovos
[2018-05-17 14:21:34] - paul: i guess my questions would be: do you find it concerning? do you think we should be taking any actions? as a nation? or as individuals? do you think china conceived this hoax to make u.s. manufacturing non-competitive? or did they conceive this hoax for a different reason? ~a
[2018-05-17 14:18:16] - Didn't we have like a brief period of global cooling during the 20th century? Anyway, I guess if we're comparing it to that average, it sounds a lot less surprising. -Paul
[2018-05-17 14:16:16] - "the 20th-century average" Ah, nm, found it. -Paul
[2018-05-17 14:15:24] - a: I don't know what you are asking. If we believe it? I was surprised by the 400 consecutive month thing because I really thought there were some periods of cooling or plateauing interspersed within the general warming trend. Maybe that was just the US and not Earth? I guess I also wonder what "average" they are comparing to. -Paul
[2018-05-17 13:17:23] - usa today probably not the best source for this, but what do you think? i don't really remember 1984 that well (the year, not the book). do you? ~a
[2018-05-17 10:42:43] - haha ok. commons math does a bunch of other shit. we use it for matrix math, distributions, fitting, splines, optimizations, that sort of thing. ~a
[2018-05-17 10:10:36] - a: I think I've only used commons-math for random number generation. Let me know if you ever tinker with that part of it. - mig
[2018-05-17 10:05:58] - daniel: harsh? probably. But I feel it's accurate. The tax that was created feels pretty arbitrary and almost certainly targeted at Amazon. And then to cry about extortion when Amazon stops expansion and considers leaving Seattle? Yeah, that's feels like entitlement to me. - mig
[2018-05-16 16:55:53] - a: Grats! -Daniel
[2018-05-16 16:43:19] - "a thing that requires a derivative, combined with the thing that can find derivatives". sounds like my type of down-to-earth language, doesn't it?
~a[2018-05-16 16:42:05] - aaron/mig/daniel: i'm a commons-math contributor. woo. code and changelog. achievement unlocked: very first lambda expression added to commons-math was by me! ~a
[2018-05-16 15:03:43] - I guess having not read Atlas Shrugged that is lost some on me.
-Daniel[2018-05-16 14:57:26] - Daniel: No! It's fine. I don't know if I had a direction I wanted the conversation to go and I'm certainly not the conversation police. I was just surprised by how similar it felt to scenarios in Atlas Shrugged and was amused that others thought the same thing. -Paul
[2018-05-16 14:56:16] - Daniel: "that seems somewhat misplaced anger" And I think that's why I find... most interesting? Weirdest? I feel like the council blames Amazon for the homelessness problem, so wouldn't they want to force them out? Except when Amazon decides to stop expanding (which by their logic, I would think would be a good thing), they get mad. -Paul
[2018-05-16 14:46:23] - Paul: So I might not have been contributing to the conversation you were hoping to have. Sorry! -Daniel
[2018-05-16 14:45:43] - I think I've gone abroad from the initial point but its because the issue seems to stem from the underlying issue of how to reconcile and deal with massive income disparity. If you have a super rich entity like amazon and homeless people it doesn't seem crazy to ask the rich to help the poor. But if the rich are free to leave then clearly its not the best solution on a systemic level. -Daniel
[2018-05-16 14:44:45] - It seems like its not a new type of problem. Neighborhoods have to deal with gentrification but is now writ large where entire cities / metro areas become to rich to sustain themselves or have to find a balance somehow. At what point do cities like Seattle / San Fran / Vancouver price out all the regular people (teachers, janitors, nurses, etc) that make a normal city function. -Daniel
[2018-05-16 14:40:02] - Paul: yeah that seems somewhat misplaced anger. Like the saying says "Don't hate the player, hate the game". The game in this case being global free market capitalism which clearly being better than many alternatives is definitely not perfect. Leads to very big questions though, like at what point income inequality becomes a big enough thing that it gets addressed. -Daniel
[2018-05-16 14:39:02] - Daniel: I agree that it doesn't necessarily follow, but I do think that there are members of Seattle's council that blame Amazon for the homelessness problem. -Paul
[2018-05-16 14:34:50] - Paul: I think that creating a tax on something doesn't necessarily blame that something for whatever the tax is trying to fix. -Daniel
[2018-05-16 14:33:53] - Daniel: http://mynorthwest.com/950649/kshama-sawant-says-seattle-is-a-playground-for-the-rich-calls-for-amazon-protest/? As for the loaded language, you're right, but the reason I am using that language is because of other info about the issue where I know some council members DO blame Amazon. They probably wouldn't use the term punish, though... -Paul
[2018-05-16 14:32:40] - Daniel: Sorry, I'm all sorts of turned around here in terms of who is saying what. Are you saying that "fault" and "responsibility" is different here and could be different entities? -Paul
[2018-05-16 14:31:55] - mig: "sickening entitlement politicians feel they have over other people's money" That seems like strong rhetoric given that they are trying to help homeless people. I get that you don't agree with the policy but maybe some thought for fellow man along with fiscal responsibility? -Daniel
[2018-05-16 14:24:01] - Paul: Also you have some definite loaded words in your statements (blame and punish). I don't know if Seattle is blaming Amazon (or any of the large companies this tax applies to that I'm assuming we are just refering to as Amazon in this context) or is punishing them. They made a new tax to try and get money to address a problem. It might be stupid policy but I think that can be true without assigning blame or punishing someone. -Daniel
[2018-05-16 14:21:48] - Paul: I'm not sure that them making a new tax means its not their fault? They just aren't fixing it in your chosen way (again for some reason that I don't know). -Daniel
[2018-05-16 14:20:43] - Paul: Its hard for me to find it extortion on either side of the equation. Its two entities that are both acting in their self interest. Is it extortion when any entity levies taxes and threatens penalties for non compliance? Is it extortion when Amazon gets cities to compete for HQ2? I'm don't think either really counts. -Daniel
[2018-05-16 14:20:41] - Daniel: Or, if the terminology is the problem, why can't the Seattle government be responsible? -Paul
[2018-05-16 14:20:19] - Daniel: "who should be responsible (if anyone) for the homeless?" I don't see why we can't blame the Seattle government. If they fixed the zoning laws wouldn't that help fix the problem they caused? -Paul
[2018-05-16 14:19:23] - Daniel: Here is how I see things: (1) Seattle creates housing problem because of zoning rules (2) Amazon helps the city by creating jobs and increasing standard of living (3) This exacerbates the housing problem (4) Seattle blames Amazon and starts punishing them with a new tax (5) Amazon says "WTF, this isn't our fault" (6) Seattle gets mad. -Paul
[2018-05-16 14:16:17] - My question was more on the underlying issue. If you think the tax policy is a bad move because it "blames" (you word) Amazon then who should be responsible (if anyone) for the homeless? I don't know if there is an answer to that or probably not a simple one anyway. -Daniel
[2018-05-16 14:16:16] - Daniel: Hmmm, maybe I misunderstood. I guess I was trying to show that Amazon was trying to help out with homelessness (their donations) even though it doesn't seem to be their fault (the zoning regulations). -Paul
[2018-05-16 14:15:03] - Paul: I said I don't think what Amazon is doing is extortion so I'm not sure what you are getting at. -Daniel
[2018-05-16 14:14:32] - Paul: Huh? I did read it. I'm trying to ask about the issue underlying the problem. Politicians there think something needs to be done about homelessness. I think they agree that the city bears responsibility so they made a new tax. Not sure that was a good idea but seems to imply they agree with you that they think they bear some responsibility. Maybe they think zoning changes are to slow? I'm not sure. -Daniel
[2018-05-16 14:05:08] - Daniel: And as Miguel mentioned, if it's extortion to not expand if Seattle passes this law, then isn't the law itself even more extortionary? -Paul
[2018-05-16 14:04:21] - Daniel: So it sounds like (A) the city government bears some responsibility and (B) Amazon is trying to be helpful. I get more caught up with the funny economics of it. Assuming Seattle is blaming Amazon for their homelessness problem, then shouldn't they want to stop them from expanding in Seattle anyway? -Paul
[2018-05-16 14:03:02] - Daniel: Not trying to be a jerk, but did you read the article? I only ask because I am about to repeat stuff from the article... They point out that zoning regulations likely are a big contributor and Amazon donates millions of dollars to the affordable housing fund. -Paul
[2018-05-16 13:54:26] - mig / paul: It does seem like a questionable tax move and I wouldn't call it extortion what Amazon is doing. I guess the underlying question is who if anyone has responsibility to help the homeless? Apparently Seattle decided large corporations? Seems questionable but maybe? Maybe Amazon should suggest an alternative solution? -Daniel
[2018-05-16 13:38:18] - The complaining about amazon thinking about stopping expansion or even leaving Seattle is also pretty ludicrous and speaks to the sickening entitlement politicians feel they have over other people's money. - mig
[2018-05-16 13:36:17] - paul: I've been following it a bit. It's definitely the most ludicrous tax idea I've seen in a while. It's practically extortion. - mig
[2018-05-16 13:02:37] - https://reason.com/archives/2018/05/16/in-seattle-amazon-shrugs Anybody following what is going on in Seattle with the new employee tax? This really does feel like a page taken right out of Atlas Shrugged (like my link alludes to). -Paul
[2018-05-16 10:13:09] - aaron: where was your vacation? ~a
[2018-05-16 09:45:07] - a: sorry i was on vacation. but, yes all of my comics have a dumb malicious looking url - aaron
[2018-05-15 22:41:35] - a: And it's always possible those companies find a way to modify their business to change into rehab centers or something else. -Paul
[2018-05-15 22:41:12] - a: I understand the rationale behind shorting those stocks, but I'm generally wary of shorting. Yeah, de-escalating the drug war could hurt those companies, but who knows what Trump might do (he did make Sessions his AG)... -Paul
[2018-05-15 22:40:00] - a: I don't see any "mycelium bitcoin cash module" to uninstall, although I did find my 12 words written down. -Paul
[2018-05-15 17:43:10] - daniel/paul: i've found a stock (two actually) that i think it would be interesting to short: geo+cxw. i think the short would have to be held for at least four years. i'm not actually super serious about making the trade, just considering the pros-and-cons. thoughts? ~a
[2018-05-15 16:03:34] - paul: you can uninstall *just* the module: "mycellium bitcoin cash module" vs "mycellium wallet". they are two different android apps. "I think I still remember my 12 words" hopefully you have it written down somewhere. ~a
[2018-05-15 15:41:21] - a: I don't see any easy way to disable this mycelium bitcoin cash module. Is there any harm in uninstalling mycelium? I think I still remember my 12 words. -Paul
[2018-05-15 14:48:31] - https://en.wikipedia.org/wiki/Immediate_family does allow a lot of room for ambiguity / interpretation though. Interesting. -Daniel
[2018-05-15 14:47:16] - https://definitions.uslegal.com/i/immediate-family/ I didn't think cousins / uncles / aunts counted as immediate. I probably wouldn't have counted grandparents either but apparently so according to that link. -Daniel
[2018-05-15 14:17:40] - daniel: or one of your grandparents and their siblings+parents. ~a
[2018-05-15 14:15:22] - daniel: yes, and i know you aren't casting judgement (any more than i am), but i still take issue with "immediate family" because "immediate family" is contextual. you're assuming "immediate family" refers to your parents and siblings, but think about it more globally (it's an issue of taxonomy): isn't an "immediate family" also you and your spouse? isn't an "immediate family" your mother or father and their siblings+parents? ~a
[2018-05-15 14:10:18] - a: Yeah whole family is probably the wrong term. I was just thinking immediate family. -Daniel
[2018-05-15 14:09:19] - a: Wasn't trying to cast judgement just if all of an immediate family generation siblings decide not to have kids (probably way more common now than it used to be) then it represents an ending of sorts. Just had that thought. -Daniel
[2018-05-15 13:42:57] - also it's a bit silly to arbitrarily draw the line at siblings. or at genetics in general. it takes a village, daniel. ~a
[2018-05-15 13:31:35] - daniel: also my sister isn't completely done. i just think there's like a 75% chance she won't have kids. ~a
[2018-05-15 13:25:44] - daniel: nah, my cousins on my dad's side have kids. and my mom has cousins with plenty of kids. it's no different than anybody else who doesn't have kids, just extracted away one extra dimension. direct decedents (-1st cousins share you) vs siblings (0th cousins share parents) vs 1st cousins (share grandparents) vs 2nd cousins (share great-grandparents). ~a
[2018-05-15 13:18:35] - a: So your whole family is ending? Kind of a weird way to think about it, but if you and your siblings don't have kids. Thats it right? -Daniel
[2018-05-15 12:34:57] - well, luckily for me this is an academic argument (am i getting points for all of these college puns?). hell, i'm not even sure if my sister will have kids. my only aunt and uncle on my mom's side doesn't have kids. maybe i'll start a college grant. i'll call it scott's tots. ~a
[2018-05-15 11:54:05] - a: Right, it's true now and I think has always been true, but I think sentiment is shifting more and more towards the idea that college isn't necessary. For my parents, I suspect it would've been unthinkable that I not go. I'm willing to entertain the idea that for one or both of my kids, college might not be the right choice. -Paul
[2018-05-15 11:02:18] - paul: "whether everybody needs to go to one" well obviously that's already untrue today. i have a few coworkers making shit-tons of money that don't have any degrees. "if it's worth the cost" here we might disagree, but unless the costs keeps going up, i still think anyone who wants to go should at least give it the old college try. ~a
[2018-05-15 11:00:01] - paul: i don't know much about the bitcoin cash module. your guess is as good as mine. ~a
[2018-05-15 10:08:26] - a: I'm not necessarily saying colleges will be irrelevant, just that I think there will be a re-evaluation about whether everybody needs to go to one and if it's worth the cost. -Paul
[2018-05-15 10:04:50] - a: Yeah, I noticed there is some notification sitting around that I can't dismiss. It's already synced. Should I just uninstall now or is there a way to disable it? -Paul
[2018-05-15 08:48:47] - paul: regarding mycelium, i installed the bch module, and it's ok: *except* it doesn't (yet) let you transfer bitcoin cash. it'll eat up a bunch of your battery and doesn't let you (yet) transfer your bch. i'd hold off. if you installed it already, make sure you kill it after it syncs so it won't eat your battery. ~a
[2018-05-15 08:47:04] - paul: "people will finally realize that not everybody needs to go massively into debt to attend college" i agree with your second part about "massively into debt", but to your overall point: colleges have been relevant for 800 years, i doubt 10 years of "high tuition" will change that. the tuition rates will stabilize some, but i still doubt they'll go down. and i doubt colleges will become irrelevant. ~a
[2018-05-14 20:07:12] - a: btw, I opened My Celium lately to check on something and was offered to download an add-on for Bitcoin cash. I assume there's nothing wrong with installing that? -Paul
[2018-05-14 19:38:47] - a: Bummer about the decentralized prediction market. Seems like a great use case for blockchain, but also maybe it's not as necessary now that gambling might become more legal. -Paul
[2018-05-14 19:36:59] - a: So I could easily see a situation when, 10+ years from now (geez, that's really not that far) where my daughters tell me they aren't going to a traditional 4 year college and instead are going to do an apprenticeship or vocational school or start their own business or whatever and I'm okay with it. -Paul
[2018-05-14 19:35:43] - a: I'm not overly concerned about college because I just don't see these price increases as being sustainable and I think we'll either see some sort of bubble bursting OR people will finally realize that not everybody needs to go massively into debt to attend college. -Paul
[2018-05-14 16:55:29] - paul: yeah, never mind. all of these things (including stox too) are built on a non-mineable currency created by their developers. that's not a decentralized system. i think these things need to be tied to a mineable currency to be truly decentralized. ~a
[2018-05-14 16:49:55] - paul: you create a "prediction market" (i.e. gambling), then you have a complex system deciding who won which bets. if everything is set up correctly, it can be completely decentralized. ~a
[2018-05-14 16:48:49] - paul: you're describing augur or gnosis. *stupidly* both of those systems are built on a non-minable currency. which is a failure, imo. that being said, it's possible their currencies are not owned by mostly one entity. i haven't investigated either of these things recently. ~a
[2018-05-14 16:45:31] - paul: looking at the trends from 2006-2018, i would not expect tuition to go down. more-so i expect the increases to continue to slightly beat inflation. that being said, i think what daniel says makes sense to me. of course, what i think doesn't really matter since i don't have any kids
~a[2018-05-14 16:35:57] - Super random thought, but wouldn't sports gambling be a great use for the blockchain in terms of getting rid of the middle-man and just allowing for peer-to-peer contracts to be signed? Or am I completely misunderstanding how the blockchain could potentially work in the real world?
-Paul[2018-05-14 16:16:24] - Daniel: To be clear, I am not counting on that at all. Maybe I misinterpreted your question. I was answering what I would like to do, not necessarily what I think is likely to happen. There's basically zero chance we can pay for all of our kids' college tuitions at our current saving rate unless prices come down a lot. -Paul
[2018-05-14 15:22:06] - daniel: i don't know the answer to that. ~a
[2018-05-14 15:05:17] - a: In your case do you think you'd be ok letting your company go or would you still want to be involved on a strategic level even if you give up some day to day? I could see that being more a labor of love for you than the rest of us with our work. -Daniel
[2018-05-14 15:02:36] - Paul: Sure, I suppose it would be nice to pay for my kids entirely but I don't think Andrea or I are really counting on that. I've put some stuff into our budgeting spreadsheets so that I can guesstimate how much they will have based on returns and our savings level for them so we can have more of an informed idea. But yeah costs are crazy for college currently. -Daniel
[2018-05-14 15:01:18] - daniel: i have a lot of hobbies. i don't know if my hobbies would fill an additional 40 hours per week, but i could imagine getting close. ~a
[2018-05-14 14:59:10] - Daniel: "does that mean pay their costs entirely?" Well, we're talking about hopes, right? Would be nice to be able to, but we're definitely not contributing at a rate that makes that feasible unless there's a big drop in college prices or some significant scholarship monies. -Paul
[2018-05-14 14:56:43] - mig: /shrug All of those would qualify. I think retiring pre 60 qualifies for most people as early and pre 65 for everyone else. I think based on some projections I've done mid 50's is currently where Andrea and I are on track for but I think that will change some as I'm not really sure what our spending will look like going forward. -Daniel
[2018-05-14 14:55:20] - I'm also not trying to limit the conversation to just the three of us if aaron / mig have goals for their dollars as well. I think everyone thinks about the idea of retirement and financial freedom but I'm curious what we would all do with it if we had it / achieve it. -Daniel
[2018-05-14 14:54:33] - define "retire early". 55? 50? 45? - mig
[2018-05-14 14:53:29] - Paul: "send them to whatever school" - does that mean pay their costs entirely? Thats a very big goal. Andrea and I are aiming at less though both of us had to deal with loans so I think we are both ok with the idea of our kids having to do so on some level as well. -Daniel
[2018-05-14 14:52:33] - Daniel: I suppose on some level, I would like to get to a place where I felt like I had enough money to where I felt like I could take a chance on something like starting my own business. Knowing my aversion to risk, though, I think that's never going to happen.
-Paul[2018-05-14 14:52:26] - Like maybe I would try to become a basketball referee? I enjoy the idea of that - not sure how the reality would go - but its something that would be active and contributing to society and something I could do fairly easily I think even if just at the highschool level with practice. Maybe I'd get better enough to do college eventually but maybe not. Andrea wants to travel some. -Daniel
[2018-05-14 14:51:23] - Daniel: My hopes swing so wildly with whatever is going on short term. Ultimately, I just want to get to a point where money isn't a stressor for my family and I don't want it to restrict opportunities for my kids. I want to be able to send them to whatever school or be able to help them start a business if they want or whatever. -Paul
[2018-05-14 14:51:05] - a: So once you retire - what then? Andrea asked me that when I was talking to her about the possibility of retiring. Like if you retired what is your goal for what next? -Daniel
[2018-05-14 14:40:03] - daniel: "Do you have goals or just more?" again, i'd like to retire early, that's it. "when do you think you will have enough and do you / we have a good way of telling that?" once my family expenses are less than 3.9% of my family liquid savings. i also plan to talk to a for-fee financial adviser and make sure he agrees (second opinion). ~a
[2018-05-14 14:38:29] - daniel: i don't think it's intrusive. "I have no idea what goals you would have since you already started a company." you already said it though, i'd like to retire early. i'm not sure what the company has to do with that, those two things are unrelated. i started the company for fun. "Make it bigger?" this would not require money. also i'm fine with its size. ~a
[2018-05-14 14:27:04] - Daniel: I've had a pretty hard change of heart on this over the past few years. Before, I had no aspirations of retiring early (not because I didn't want to, just never occurred to me). Now... I don't really have aspirations, because I think it's outside of my reach with my current lifestyle, but I do really want a life free from financial and job related stress. -Paul
[2018-05-14 14:26:43] - Not trying to be intrusive just wondering about the flip side to some of our money conversations where we get into a lot of detail on the how/what part of the discussion and less on the why part. -Daniel
[2018-05-14 14:25:25] - a: I have no idea what goals you would have since you already started a company. Make it bigger? Do you have goals or just more? Related to both of these lines of questions when do you think you will have enough and do you / we have a good way of telling that? -Daniel\
[2018-05-14 14:24:20] - Paul: Do you and gurkie have goals for you kids college savings? Goals for pre retirement (solar panels are one for me pre retirement)? Goals for post retirement (travel? recreating Star Trek bridge in your basement?) Goals for generational wealth transfer (trusts for kids or anything)? -Daniel
[2018-05-14 14:22:09] - mig: wow yikes! Wonder who ate Kimmy's food
-Daniel[2018-05-14 14:22:05] - mig: https://slate.com/technology/2018/03/why-is-the-twitter-thread-about-a-stolen-lunch-the-most-gripping-story-weve-read-in-ages.html Reminds me of this story on Twitter. For some reason it seems like some people just think food in refrigerators are fair game? -Paul
[2018-05-14 14:21:33] - We (at least some of us) discuss our investment philosophy and tactics but we don't talk as much about our goals for our investments. I know Adrian and I have expressed interest in retiring early but I don't know if thats a motivator for everyone. What are people's goals in respect to money? Or is that still just generally a question too vague? -Daniel
[2018-05-14 14:17:06] - Amazingly, this is an e-mail that needed to be sent company-wide. - mig
[2018-05-14 14:16:39] - "As a gentle reminder, the food in the refrigerators (particularly the 3rd floor) is not to be remove/consumed without permission from the person that put it there. The issue is that some members are taking the food that someone else purchased and consuming it. Please know that this type of behavior is considered theft of another person’s property and therefore is subject to disciplinary action under our policy."
[2018-05-14 14:00:04] - a: I mean, looking only at my individual stocks, if Amazon went to $0 tomorrow, it would take my portfolio back to where it was in 2017Q4. That would suck, but at the same time I am braced for a pull-back that could be a lot worse. -Paul
[2018-05-14 13:57:20] - a: "it matters if an unforeseeable drop in amzn could harm your long-term plans" That's really tough to answer (especially since I don't know how much my index funds have in AMZN right now). My long-term plans are decades in the future, so while a big AMZN drop would suck, it feels like it would get dwarfed by what happens to the market in general for the next 20-30 years. -Paul
prev <-> next