gshdg (u/gshdg) - Readit News

gshdg commented on Frugality Is Non-Linear (2019) scattered-thoughts.net/wr... · Posted by u/luu

0x6862 · 5 years ago

You increase your defensive assets (bonds, term deposits, annuities etc.) as you become more risk adverse (closer to retirement or other change in circumstances). So when a 90% crash occurs that takes 10 years to recover you’re either still earning, or you can draw down on your defensive assets, letting your stocks recover

gshdg · 5 years ago

Have you even seen the returns on bonds and cash equivalents lately?

gshdg commented on Frugality Is Non-Linear (2019) scattered-thoughts.net/wr... · Posted by u/luu

neogodless · 5 years ago

Historically, over any 30 year span, has there been an 80% drop in market value, or a huge drop that was not preceded by a bull market? What exact sequence would have to occur for this hypothetical to have lost 80% in market value and be stuck in a market that doesn't recover quickly?

By most historical averages, after 20 years the hypothetical portfolio has grown to $2 million inflation-adjusted, which means a drop to $100k or $250k would be a whopping 87.5%+ crash.

On the flip side, a prolonged bear market in the first few years are the worst case scenario, though for most early retirees, the choices are to ignore the "fixed 5%" and/or seek additional income, if the sequence of returns really are dire enough.

gshdg · 5 years ago

It doesn't matter whether the market stays up over 30 years. If it crashes at the wrong time (especially if that's after you've retired) and you have 100K left, you have only 3 years to recover, not 30.

And even if the market recovers in 3 years, by then you're left with a fraction of your capital.

gshdg commented on Ask HN: What Stops You from Switching Remote US Only to Remote Same Time Zone? · Posted by u/andreshb

gshdg · 6 years ago

Payroll and legal complexities is the big one.

I've also run into challenges around mismatches in cultural expectations of how employer/employee or manager/report relationships should operate.

gshdg commented on Ask HN: What Stops You from Switching Remote US Only to Remote Same Time Zone? · Posted by u/andreshb

villgax · 6 years ago

Then stop buying all imported stuff & pay full blown prices for made in US stuff.

gshdg · 6 years ago

Some of us would if there were still US stuff to buy, or if finding it weren't near-impossible.

gshdg commented on On Trouser Pockets sambleckley.com/writing/p... · Posted by u/diiq

gshdg · 6 years ago

This is not exactly revolutionary. I have multiple pairs of bike shorts with slim elastic pockets in that spot. (Actually, a few inches higher, which is easier to reach without bending, and doesn't get in the way any more than the proposed location.)

gshdg commented on Ask HN: If you could start your career all over again, what would you change? · Posted by u/daolf

gshdg · 6 years ago

I wish I'd looked for more opportunities to work with and learn from more experienced developers instead of being so overwhelmed by imposter syndrome that I was terrified to take a job where anyone who knew more than me could judge me.

gshdg commented on ‘Collapse of civilisation is the most likely outcome’: top climate scientists voiceofaction.org/collaps... · Posted by u/1qazxsw23edc

n4r9 · 6 years ago

Which leads back to my question: is it not possible that we may find a technological alternative to trees which scales better and does not require us to supply so much energy.

gshdg · 6 years ago

I suspect the chemistry of it requires as much energy put into sequestering as is captured by releasing it. But... I could be wrong.

gshdg commented on Ask HN: How can I quickly trim my AWS bill? · Posted by u/danicgross

gshdg · 6 years ago

Reserved instances? Instant 20-40% savings.

gshdg commented on · Posted by u/reddotX

zeusk · 6 years ago

the current stock price is a bet on future "earnings" and surrounding fiscal environment (taxes, interest rates, alternate investments).

Only thing relating current price to future stock price is the hopes and dreams of speculators.

gshdg · 6 years ago

What percentage of current investment is speculation for share price growth vs for dividends?

gshdg commented on Ask HN: What makes our fingerprints unique? · Posted by u/modinfo

gshdg · 6 years ago

Randomness and chaos.