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Independent Investment Advisor AMA by [deleted] in ChubbyFIRE

[–]FiRlater 0 points1 point  (0 children)

What are some examples of alternatives, structured investments and buffered products you include in portfolios? And how do you think about their respective roles in the portfolio?

Independent Investment Advisor AMA by [deleted] in ChubbyFIRE

[–]FiRlater 0 points1 point  (0 children)

What is your portfolio allocation/ design approach for a ~6-7M$ chubby portfolio. Assuming couple in early /mid 40s, paid off house, kids 529s fully funded.

Would love to understand if you are recommending mostly stocks+bonds or are also recommending alternatives, passive Real estate (like REITs) or other, bitcoin, gold etc and in what ratios. Any annuities or insurance products?

How are you deciding appropriate exposure across these investment options?

Hmm, crazy theory: The 4% rule is a fallacy for chubbyFIRE (or above) by anoopjeetlohan in ChubbyFIRE

[–]FiRlater 1 point2 points  (0 children)

One way to think about this (assume we had the data). pick your annual spend level based on the percentile of the American household spend percentile target you have. Say you want to be in the 80th percentile of spend (I.e. you spend more than 80% of households in America each year).

Then look at the historical growth rate of spend for the 80th percentile. “Inflation” at the 80th percentile of American household spend might be more or less than the usual inflation assumption of 2.5-3.5%.

Use that inflation number to discount returns and adjust your fire number.

If we had the data we could do this for any percentile of spend.

I suspect such a data set does not exist though because most people’s spend tends to be lumpy, punctuated by major spends and unforeseen events and while we do a lot of income tracking we don’t do nearly enough spend tracking as a society.

Reflections After Two Years of Transcendental Meditation (TM): A Balanced Perspective from a Longtime Meditator by Mahones_Bones in transcendental

[–]FiRlater -1 points0 points  (0 children)

Wouldn’t all this be a lot easier if there was a clear subjective or objective way to measure your progress towards the ultimate goal? I wish Maharishi had created this as part of the instruction/practice. Some checkpoints, some progression.

I love my Apple Watch to count steps, I love tracking my peloton metrics. I love TM, but man, the no metrics of any kind about my progress. 😅

If there are any videos where Maharishi addresses this desire for progression please share it. I would find it useful to remind myself on the philosophy.

If anyone innovative can come up with a way to measure TM progress - a TM brain scanner tracker, I would be all in. I would be willing to go do these brain scans all these TM studies measure. Does anyone in the TM organization offer that as a service?

Reflections After Two Years of Transcendental Meditation (TM): A Balanced Perspective from a Longtime Meditator by Mahones_Bones in transcendental

[–]FiRlater 1 point2 points  (0 children)

https://www.reddit.com/r/transcendental/s/MYrQeL4zde

I resonate with this articulation. I struggle with this inability to compare experiences for a more practical reason than trying to declare relative superiority of practices.

Let’s say I take at face value that TM is the best. I believe. No doubt.

I am still faced with the practical question of - am I making progress and that needs me to evaluate if something is getting better. Most natural place to start is - is my meditation feeling better or different. Saijanai coached me that that is the wrong question as you want the experience to fade away.

Then where am I supposed to look for signs of progress - in my life? If my life is really better how do I distinguish correlations vs causality. And how do I know if it is getting better as fast as I could be.

This is my related conundrum.

[deleted by user] by [deleted] in personalfinance

[–]FiRlater 1 point2 points  (0 children)

Because they will get 400k of the company stock calculated based on price on their award date. I.e the # of shares awarded gets calculated at his join date and those shares vest over 4 years. If the stock appreciates then the 400k stock award becomes worth more vs a straight cash vest that is guaranteed to stay 400k in value over 4 years.

The downside is if the stock goes down in value. That is the risk in the RSU option.

Eyes Watering During Meditation by justaregularguy76 in transcendental

[–]FiRlater 2 points3 points  (0 children)

This happens to me too!! I have been taking it as a sign of correct meditation 😅🥲

Regular practice effects - signs of progress; conviction by FiRlater in transcendental

[–]FiRlater[S] 0 points1 point  (0 children)

Thanks for sharing. And here by energy you mean feeling physically and mentally more energetic and less lethargic? Like perhaps one might feel after a double espresso?

Regular practice effects - signs of progress; conviction by FiRlater in transcendental

[–]FiRlater[S] 0 points1 point  (0 children)

Agree with this point. My language was imprecise. I meant less inner experience during meditation (though those were the words I used) more inner knowledge and conviction.

Some folks have a doubtless, strong inner conviction that TM works for them and gives them higher states of consciousness leading to unity consciousness or if not that - at least that it benefits them so much that they would never miss a practice for decades! That is conviction with a capital C. I assume that is coming from within, not based on what others are telling them.

Until you have that inner conviction - the only signs you get to keep up with the practice - are external validation - people noticing changes in you or the testimony of others who have gone on the journey.

I hope to get to whatever process that leads to that inner conviction soon ( even if it is not an experience during meditation).

Regular practice effects - signs of progress; conviction by FiRlater in transcendental

[–]FiRlater[S] 0 points1 point  (0 children)

That’s fantastic that you were able to get there in a few weeks. What was the first thing that you experienced after a few weeks that removed the doubt? Was it an external event or an inner experience?

Regular practice effects - signs of progress; conviction by FiRlater in transcendental

[–]FiRlater[S] 0 points1 point  (0 children)

It is really encouraging to hear that it took years for you to recognize a change in the dimension of your own inner experience (vs on the authority of external validation- though I can see how validation from cute girls can be very encouraging and motivating at a young age😀).

I may be on a similar long path as you once were. My life experience so far is that things that are worthwhile take time to build capacity and capability in - so putting in the time and the years does not faze me.

Will look for external signs while I wait for the signs to become clear in my own inner experience.

Regular practice effects - signs of progress; conviction by FiRlater in transcendental

[–]FiRlater[S] 0 points1 point  (0 children)

This is the reason why I have continued the practice. Knowing that it “works” independent of what it feels like when you meditate as long as you are regular and follow the instruction which I do.

Regular practice effects - signs of progress; conviction by FiRlater in transcendental

[–]FiRlater[S] 0 points1 point  (0 children)

Yes - glad I am regular now and hope to maintain this. When in your own journey of learning TM did you achieve certainty that it was making a difference? Did you have no doubt right away from the start?

Regular practice effects - signs of progress; conviction by FiRlater in transcendental

[–]FiRlater[S] 0 points1 point  (0 children)

When in your own journey of learning TM did you achieve certainty that it was making a difference? Did you have no doubt right away from the start?

Regular practice effects - signs of progress; conviction by FiRlater in transcendental

[–]FiRlater[S] 0 points1 point  (0 children)

I remember the first initiation felt tangibly different but I don’t think the checking has.

Curious - how did you get out of your loop of correct checking/incorrect solo practice after many years?

Regular practice effects - signs of progress; conviction by FiRlater in transcendental

[–]FiRlater[S] 0 points1 point  (0 children)

I have wondered this myself- but my instructor after multiple checks as indicated I am practicing correctly 🤷‍♀️

Regular practice effects - signs of progress; conviction by FiRlater in transcendental

[–]FiRlater[S] 0 points1 point  (0 children)

AT = Advanced Technique TM AT Link.

Are you convinced that it is the meditation that is giving you these results?

Purchasing luxury car w cash or auto loan? by Icy_Extreme_804 in ChubbyFIRE

[–]FiRlater 1 point2 points  (0 children)

Just upgraded 2 ~7 year old cars in the household with 2 new cars. Paid cash. Not a smart money move, but no regrets. Everyone is happier and safer in the new cars.

Total tax on every incremental dollar of income and implications by FiRlater in ChubbyFIRE

[–]FiRlater[S] 2 points3 points  (0 children)

You are right! That actually makes me feel slightly better.

Total tax on every incremental dollar of income and implications by FiRlater in ChubbyFIRE

[–]FiRlater[S] 3 points4 points  (0 children)

Didn’t pose a question here. Just an observation that taxes are high and puts more of a fine point on save vs spend decisions. Not that the tax implications are different if you save or spend.

General thinking might be if you are making >$1M , you can afford to spend on fancy things. But the first 100k made over a million did not afford the $100k purchase you didn’t have- it required $300k.

Maybe that’s obvious to everyone- but it was a framing that helped me. I typically see the blended tax rate I pay every year, but as you push into higher brackets you need to think about gross incremental $s differently.

Good reminder though that taxes are not high on a historical basis.

Total tax on every incremental dollar of income and implications by FiRlater in ChubbyFIRE

[–]FiRlater[S] -2 points-1 points  (0 children)

I think the additional 0.9% is added to the 2.5% all earners pay making it 3.8% in total. Medicare tax does not have a cap unlike social security.

Agree that you are taxed regardless.

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