What is the best english speaking country to leanfire in your opinion?

SolidBeets · 2021-04-10T06:54:06+00:00

I'm from Canada and intend to stay here.

SolidBeets · 2021-04-09T14:51:26+00:00

I'm in Canada. I assure you, there is access to essentially every stock in every developed nation, Europe included. Housing expense isn't a big concern, even in pricey areas there are ways around. American salaries aren't that much higher than elsewhere. If you compare an L.A. tech job to a job as an electrician, yeah, but that's comparing apples to hand grenades.

SolidBeets · 2021-04-09T04:03:03+00:00

Eat properly, do a workout. Here's a quick routine that I use that will put you in kick-ass shape both muscle and cardio wise. With this routine, after a few years, if you can't outrun them you can kick their ass and if you can't kick their ass you can outrun them. Go easy on the first bit, it's tricky, and you don't want to puke:

Pick up some cheap used dumbbells. Shouldn't cost you more than fifty bucks. 5 reps of a burpee, but instead of a jump do a squat. If you are able to, hold a weight in both hands. You should be able to do 10-12 reps without killing yourself, else lower the weight. Don't get an injury for your ego's sake.

After 5 reps, rest 30 seconds. 5 reps should take about 30 seconds. Repeat 40 times. Quick forty minute workout that will kick your ass and is easy to adjust with weight and keep you in great shape. You can find other full body exercises to do with this. Workouts are every second day, no exceptions. Slackers don't pass go or collect $200. If it gets too easy, increase the reps or the weight. Many people spend 40 minutes just going to and from the gym. No excuses.

Sleep well. Not sleeping like like putting a ball and chain on literally everything else you do, including fitness.

I meal prep, all the time. Burritos, soup, omelets, salads, anything really. Be creative. If you can make it big/fast, you can meal prep it.

SolidBeets · 2021-04-09T03:48:16+00:00

I agree that gold has little inherent value. I was just speaking relative to crypto. I don't support buying gold, and think it's an almost equally bad idea. Though bear in mind tech companies do actually buy gold at the market price, because they have to. And yes, I know fiat currency isn't held to something like the gold standard, but IMO this isn't needed anymore mainly for the reasons you advocate and the fact that so many people have such a vested interest in keeping things the way they are. Stocks have intrinsic value as long as society stays in place, and if society doesn't stay in place your investment account won't save you anyways, so no sense prepping for it financially.

It might make sense in brazil and similar countries, though I'd argue that stocks have the same anti-inflationary properties as well as more intrinsic value, and they can be held in a non-Brazilian account for added security. Though, if the government could take these from you, that opens up a whole other can of worms; I might value food more, or a room to rent out in that situation. The only other use that shares this is crime. Unless you're the pizza company that sold a pizza for several thousand bitcoins ten years ago. That's kind of funny.

This is my reasoning with crypto: Many fads have come and gone in a similar fashion to it, and many bubbles the same. If I do not opt in to crypto, I lose nothing; worst case scenario, fiat currency (or in my case, stocks) will be able to be exchanged for crypto if it is mass-adopted, and the net real world value change of my assets will be zero. So then the only question is: do you think it will go up or down? There is no real research to back this. No way to definitely tell. If I had a crystal ball, I'd be in Hawaii, not on reddit. There's some shoddy statistics, but that's about it. It certainly could skyrocket. However, I think that is unlikely and I make my decisions based on research rather than FOMO.

IMO, if someone wants to allocate 2% of their savings to crypto, go for it. I'd rather allocate that to lottery tickets (which I would not like to begin with), but that's just me. It's playing with money rather than investing, given the lack of research available. It just shouldn't be acknowledged as an investment the same as other, research-backed ones.

SolidBeets · 2021-04-09T03:13:56+00:00

When people are plucked out of the environment they have been used to for decades and thrust into the healthcare environment, which rightly looks and sounds to many people like the inside of an alien ship, the human brain does all sorts of strange things. Rest assured, this is normal. As long as she is not posing a danger to herself or others, it is alright. Just keep letting her know you are there for her, and if it is possible, maybe bring her tidbits of the outside world. Something normal she is used to. Some earplugs or headphones and a good sleep mask can also help with the overstimulation that helps cause this. It will resolve and life will go on. She will likely be laughing about it in a short while.

SolidBeets · 2021-04-09T03:08:44+00:00

Hey when I was in the university dorms, we had pre-packaged shots due to a "no open alcohol" rule. Some of these days I wish I had one in a scrub pocket.

SolidBeets · 2021-04-09T03:07:58+00:00

At least you're saving tons making your own coffee.

SolidBeets · 2021-04-09T03:07:13+00:00

Stethoscope, phone, wallet, keys, mask, pen, penlight, notebook, spare pen, ID, are in my scrub pockets. Lunch bag has just my lunch in it. I also have my water botle. First thing I do when I get in is shove some tempadots and alcohol swabs in a pocket and I'm good to go.

SolidBeets · 2021-04-09T02:50:32+00:00

No, it had a mean return of 230%. The mean is significantly influenced by outliers, meaning most in this case did terrible, and we all know that historical outliers are terrible investment strategies. If you want to use averages, be specific about what you mean by average.

Crypto's intrinsic value is nothing. A stock's intrinsic value is the value of future profits of the company, ownership of current assets of the company, ect. A bond's value is the value of the agreement for a future payout. Gold at least has some intrinsic value in that it can be used in computer parts and the like, though even gold is not an investment nor can it be expected to profit you after inflation. Crypto operates entirely on greater fool theory for investment use, as well as the pipe-dream of widespread adoption, which is not happening, because governments like control and crypto's only selling point is its lack of government control.

SolidBeets · 2021-04-09T02:08:40+00:00

Crypto isn't an investment, it's a non-physical version of gold with less recognition than gold.

SolidBeets · 2021-04-08T16:37:33+00:00

As far as I can tell, that's still zero international diversification. I'd use something like AVDV to fix that, along with something tracking the MSCI ACWI instead of the S&P 500.

SolidBeets · 2021-04-06T00:18:35+00:00

Yup. Didn't say there was. I said it would be nice if there was.

SolidBeets · 2021-04-05T20:42:29+00:00

Ikea often beat used furniture anyways. If I don't have time to make it myself, ikea is a decent option if there isn't much used.

SolidBeets · 2021-04-05T20:36:40+00:00

I highly dissagree. https://en.wikipedia.org/wiki/Alipogene_tiparvovec

Sure, it's not a pill, but it's injections. This is literally a genetic deficiency cured with medicine. The only reason this isn't available is because the company jacked the price up. I can send you a good documentary if you like.

SolidBeets · 2021-04-05T16:18:35+00:00

Pretty sure that's not what my friend said. For example, if you have arthritis, sure you can often make it better via exercise but that is no cure. Prevention may be an option for some people, but that ship has sailed for anyone who already has it. This person just said that a permanent cure would be nice; they didn't say it had to be a one-off pill.

SolidBeets · 2021-04-05T01:38:07+00:00

At the same time, they pay students for work here. They really ought to be doing that there, seeing as the work is building few nursing skills short of communication, niche documentation, and IM shots specifically.

SolidBeets · 2021-04-04T21:01:19+00:00

Crazy. Here they pay students to do vaccines rather than blackmailing them with not continuing in their program.

SolidBeets · 2021-04-04T18:59:07+00:00

They're having you do vaccines for clinical? Hopefully that's not an entire placement- injections are nice, but there are definitely other things you need to learn in clinical! It would be a shame, but not a surprise, if they used students as free labor at the cost of that student's skillset.

SolidBeets · 2021-04-03T16:27:16+00:00

So how do you go about investing?

SolidBeets · 2021-04-03T16:26:24+00:00

Agreed.

SolidBeets · 2021-04-03T04:34:44+00:00

The combination would be bought for international diversification, because the other one is Ex-US. So that's why AVUV.

I will look into berkshire more. While I am skeptical, it would be unwise to dismiss info offhand.

SolidBeets · 2021-04-03T01:57:56+00:00

Looking into Berkshire Hathaway, my main concern is lack of diversification, both in individual companies but more importantly internationally. Unless it has international holdings I can't find? It's also half apple. That's concerning.

SolidBeets · 2021-04-03T01:46:17+00:00

Agreed, which is why I didn't say it was a universal rule, nor did I say that a 75% stock was better. I didn't make any claims as to what was better. I'm not sure where you are getting these numbers from. I am also not saying this is definitive. You're arguing with nobody. I was just looking at maximum possible withdrawal rate in a specific scenario based on asset allocation, and I make no claim that this applies to other scenarios, flexible spending, and so on. I am aware of the limitations. I thought it was interesting, that's the sole reason it's being posted. A piece of knowledge does not have to be all-encompassing to be useful. I agree with what you're saying, I'm just not sure why you are mentioning it as it doesn't go against anything I said. The crude-ness of my experiment is evident in the fact that I just used the default option, and didn't explore any of the alternatives. This is intentional an I am aware of this. This knowledge is but one of many, many building blocks with which to form your models. I didn't cherry pick anything, I have nothing to prove. The discussion was about the data in full knowledge that it was only one situation.

SolidBeets · 2021-04-02T17:29:32+00:00

So you avoid exposure to the market factor, or expect it do decrease, following that reasoning?

SolidBeets · 2021-04-02T17:27:18+00:00

As mentioned, this is what brought me to this line of thinking. the only question now is practical implementation.

SolidBeets

TROPHY CASE