Search found 1944 matches

by Tyler
Thu Feb 02, 2012 1:22 am
Forum: Other Discussions
Topic: Diversifying One's Career
Replies: 11
Views: 2807

Re: Diversifying One's Career

Personally, I think diversifying your career is less about having multiple jobs than it is about having a diverse skillset within your area of expertise and minimizing your counter-party risk. Your skills are your personal portfolio.  You want to make sure your skills are diverse, properly balanced,...
by Tyler
Wed Feb 01, 2012 7:41 pm
Forum: Other Discussions
Topic: Global Warming
Replies: 147
Views: 27880

Re: Global Warming

Edansville -- the top part of your linked chart is by a scientist named Michael Mann and is commonly referred to as the "Hockey Stick Chart."  It has since been thoroughly debunked by other climate scientists. http://www.john-daly.com/hockey/hockey.htm BTW, everyone should Google "Climategate".  Tho...
by Tyler
Mon Jan 30, 2012 11:00 pm
Forum: Other Discussions
Topic: Global Warming
Replies: 147
Views: 27880

Re: Global Warming

1) I don't feel I belittled anything. I simply quantified the actual human contribution to the greenhouse effect so that we can put the discussion in the proper perspective.  Please read the link provided -- it's thorough and very insightful. 2) CO2 is not poison.  It is an essential trace gas requi...
by Tyler
Mon Jan 30, 2012 8:59 pm
Forum: Other Discussions
Topic: Global Warming
Replies: 147
Views: 27880

Re: Global Warming

One thing often lost by people (scientists and non-scientists alike ) in the global warming discussion is scale. For example, it is absolutely true that CO2 is a greenhouse gas.  And it is also true that man-made CO2 has increased significantly since the industrial revolution. However, it is also ab...
by Tyler
Fri Jan 27, 2012 1:05 pm
Forum: Other Discussions
Topic: Financial Advice to Friends
Replies: 37
Views: 6434

Re: Financial Advice to Friends

I'd lean towards Melveyr's advice. In general, I think you can rank the investment concepts to roll in as: 1) Save as much as possible, and max out your tax deferred savings. 2) Diversify your money across stocks, bonds, gold and cash.  Even in ETFs, this is light years safer than continuing whateve...
by Tyler
Fri Jan 27, 2012 11:01 am
Forum: Permanent Portfolio Discussion
Topic: PP straddled between taxable and tax-deferred accounts
Replies: 20
Views: 5543

Re: PP straddled between taxable and tax-deferred accounts

If all of the taxation possibilities are stressing you out, one healthy exercise is to figure out how much in taxes you're actually "sacrificing" by simply keeping separate 4x25 PPs and not worrying about it.  For me, it's in the ballpark of 0.15% of the total portfolio every year at current interes...
by Tyler
Wed Jan 25, 2012 12:45 pm
Forum: Permanent Portfolio Discussion
Topic: PP straddled between taxable and tax-deferred accounts
Replies: 20
Views: 5543

Re: PP straddled between taxable and tax-deferred accounts

I struggled with the same issue, and it's a little more compounded for me as I plan to retire by 40-45 and am not a big fan of the idea of the taxable and non-taxable accounts being individually volatile (even if they even out when seen as a pair) as that complicates my ER years. You'll get some gre...
by Tyler
Sun Jan 22, 2012 3:43 pm
Forum: Variable Portfolio Discussion
Topic: Define "can afford to lose"
Replies: 6
Views: 1873

Re: Define "can afford to lose"

If the VP is supposed to be your outlet for wanting to juice your returns using your own personal insights, then for me that has nothing to do with investing.  ;) What I like most about the PP is that it allows me to spend all my mental energy on earning and saving more - activities I know are actua...
by Tyler
Fri Dec 30, 2011 3:39 pm
Forum: Other Discussions
Topic: City-by-City Cost of Living Comparisons
Replies: 7
Views: 3552

Re: City-by-City Cost of Living Comparisons

Yeah, I moved to the silicon valley area for the same reason - abundance of engineering jobs. It seems like there's a tech company on every corner, and while unemployment in california is very high overall, unemployment for experienced engineers in silicon valley is virtually nonexistent. In my opin...
by Tyler
Thu Dec 29, 2011 3:23 pm
Forum: Other Discussions
Topic: City-by-City Cost of Living Comparisons
Replies: 7
Views: 3552

Re: City-by-City Cost of Living Comparisons

In my experience, the online calculators are great for getting you in the ballpark.  But you always need to do more research beyond the averages to understand how local culture also affects costs. As an example, I was terrified moving from Dallas to the Bay Area because most online calculators use t...
by Tyler
Fri Dec 23, 2011 1:47 pm
Forum: Other Discussions
Topic: Anyone Notice: High Tax States = Reduced Value For Residents?
Replies: 221
Views: 28297

Re: Anyone Notice: High Tax States = Reduced Value For Residents?

I'm a native Texan currently living in Silicon Valley.  So I've lived both sides. Yes the politics in CA are ridiculous -- gun rights are scarce, union entitlement is infuriating, yada yada yada.  But every state has its pluses and minuses.  Keep your mind open and your plans flexible, and you can r...
by Tyler
Thu Dec 22, 2011 11:35 pm
Forum: Other Discussions
Topic: Identity Theft
Replies: 17
Views: 5451

Re: Identity Theft

I was once the victim of someone who used my identity (name, SSN, and a fake ID) to rent an apartment for several months and skip out on the rent.  I have no idea how they got that information, but suspect it was from my college that stupidly used your SSN as your student ID.  The collection agencie...