Early Retirement Extreme

— a combination of simple living, anticonsumerism, DIY ethics, self-reliance, resilience, and applied capitalism

The hedged nature of early retirement extreme

Published in April 9th, 2021
Posted by in Early Retirement, Education, Philosophy, Strategy
38 Comments

There’s one defining characteristic way about the way I plan: I may not win, but I never lose. (You may have picked up this sentiment from some of my discussions of strategy.) Hence I will focus my efforts disproportionally towards avoiding bad outcomes rather than seeking good outcomes. This leads to a modest but tranquil […]

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Man saves tens of thousands of dollars just by thinking

Published in February 11th, 2021
Posted by in Education, Strategy
18 Comments

In these trying economic times, there’s a growing movement of people who are saving thousands and thousands of dollars every year just by thinking. “I never thought about it before,” John, 32, says, ironically, “But it’s amazing how much money you can save when you think about it. For example, the other day, I was […]

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Cash flow diagrams for the poor, the middle class, and the investor class

Published in October 7th, 2020
Posted by in Education, Philosophy
46 Comments

Being poor or unable to get credit 100% of the expenses must be covered with wage income. Schematically the cash flow looks like this Thus you put your time into your work which gives you a wage income that is used to pay for stuff that goes back to you.People with a credit score can […]

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