Published in August 25th, 2008
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Up until now, I have visited 14 countries and I have lived in 3, and in most cases I have never paid a dime to get around. I must admit that more travel is not (no more) a high [...]
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Published in August 16th, 2008
Okay, so here’s a little known fact about me. I used to be a competitive swimmer. Not exactly Mr Phelps et al., but I did spend 9 hours a week training in the water, I did smell of chlorine at all times, and I did participate in a few regional championships. My swimming career lasted [...]
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Published in June 7th, 2008
Some people have asked me what they can do to compensate me for all my rants on this site. Usually I tell them that while I won’t accept any tangibles — mostly because I got enough stuff as it is but mainly because I don’t want the IRS to get a cut — they can [...]
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Published in May 10th, 2008
I get a couple of mails a week from people in the same situation as me (enough money, what to do now?) and it strikes me that most people(*) pursue a “the grass is greener” strategy when it comes to free choice. For instance, the entrepreneurs don’t want to start yet another company, the computer [...]
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Published in April 21st, 2008
Compared to the IRA with its $5,000 limit, the 401k with its $15,500 limit possesses an unfair advantage. Everybody with a W-2 income can get an IRA, whereas not everybody is lucky enough to have access to a 401k with the higher limit. These tools are useful because they minimize taxable income.
In this household I [...]
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Published in April 1st, 2008
I just sent my first invoice as a freelancer. It turns out that I have covered all my cost-of-living expenses (and then some) for March by working just a few hours every other day. What an amazing proof of concept.
Being paid an hourly rate and being able to work whenever (when there is work available) [...]
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Published in January 30th, 2008
The following is a list of the things I’ve learned during my first 30 years about how to live a good life.
Take it for what it’s worth.
1) Decide what your priorities are
Your main priorities are your health, food, shelter, and who/if you marry in that order.
Your other priorities are your children, your friends and your [...]
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Published in January 25th, 2008
One popular psychological strategy is to set small goals or start slowly. This strategy usually fails from the lack of meaningful progress despite having achieved several small goals(*). There is a good reason for this. The S-curve or logistic function is a useful model for understanding why this strategy rarely brings the intended results.
DW was [...]
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Published in January 12th, 2008
Get a student loan. Get a college education. Get a mortgage and become a home owner. Have a career. Put 15% of your income in a 401k/IRA for 35 years. Plan to retire at 60… any of this sound familiar?
That’s because it is the standard recipe for a “successful” life in middle class America. It [...]
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Published in January 6th, 2008
What does early retirement mean for those who chose to save so intensely and early for retirement and essentially had enough money to stop working around age 30? This is a question I have been asking myself and for which there does not seem to be any conventional solutions.
In most cases, at least as far [...]
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