baccredited

I'm actively pursuing FIRE. On pace to reach it in 2023. I think every software developer who wants to write code their whole career must actively be trying to reach FIRE by age 50. Ageism is rampant in this industry.

If you want to be a manager or founder or whatever I think you can work past 50 but FIRE is still worth pursuing.

And if you love working on projects that matter to YOU there is nothing better than achieving Financial Independence.

I agree with you.

My short would not have been a bet against my employer, more about being satisfied with turning paper gains into locked in, real money gains.

I was around employee 100. Had options that were worth about 1.5 million at the peak, then the internet bubble popped and by the time I was fully vested and able to sell it was maybe 1/10th that--$150K or so.

In hindsight, I could have shorted the stock at the peak to lock in the price of the unvested shares.

The whole experience makes me think most engineers should value options at basically zero. Save an aggressive part of your regular salary so you can retire by 50 years old. If you get a windfall great, if you don't you are working on a strategy to become wealthy with a near 100% success rate.

Another commenter recommends interviewing at https://lambdaschool.com/

But I would recommend applying and attending. You will very likely get a great job after you graduate.

Radiolab. I've learned quite a bit from it and it has changed the way I look at the world.

Save 25X your annual spending and you can retire. If you invest to earn 7%/yr (on avg), you can withdraw 4% forever.

Read the book The Simple Path to Wealth, or the basics in this blog post.

http://www.mrmoneymustache.com/2012/01/13/the-shockingly-sim...

Save 25X your annual spending and you can retire. If you invest to earn 7%/yr (on avg), you can withdraw 4% forever.

Read the book The Simple Path to Wealth, or the basics in this blog post.

http://www.mrmoneymustache.com/2012/01/13/the-shockingly-sim...

Here's an exercise that would be interesting. Look at all the 'Show HN' posts announcing new startups from a couple of years ago. Find how many are still operating. Then contact the creators to see if the revenues produced have paid for the hours invested.

Then we would have some real data instead of my anecdote. And yours.

A simple SaaS that gushes profits is so improbable that you might as well call it impossible.

If you want passive income, write code for pay and invest some of the surplus.

If you want to do a startup, find a cofounder and apply to YCombinator. Or find another path to working at a startup.

Ugh - only deep pocketed individuals or investment funds can apply. For a second thought they had opened it up FundersClub/Wefunder style where any random person could take part. (Or at least accredited investor)

This book is great. Should be required reading for anyone thinking about pursuing financial independence.

Your Money or Your Life is also great.

Set up a Donor-advised fund with Vanguard or Fidelity, etc.

https://www.fidelitycharitable.org/

You can just check a box to make any donation anonymously.

I'm using Tradier and like it. But I use it more for stock data than actual trading. It is free if you open an account and fund it. https://brokerage.tradier.com/

For trading I prefer https://www.motifinvesting.com/ which lets me name a given strategy, purchase up to 30 stocks, and they will track returns. It is manual, not API driven but the returns tracking and public track record is worth it for me.

Save 25X your annual spending and you can retire. If you invest to earn 7%/yr (on avg), you can withdraw 4% forever.

Read the book The Simple Path to Wealth, or the basics in this blog post.

http://www.mrmoneymustache.com/2012/01/13/the-shockingly-sim...

Couple of thoughts:

- I'm already a paying customer and this product is seriously awesome

- The net revenue number is depressing as hell.

Investing in a single company (even YC) is just about as risky as investing in crypto.

Disclaimer: I own a portion of about 100 YC companies. And some crypto.

Put it in Treasury Bills (ticker BIL for example). Safe as cash if you believe the US government isn't going bankrupt. 1% yield at the moment.

Mainly the single file output. And PDFs fit nicely into our (ancient) document management tools. Also pretty confident they will look the same despite browser changes down the road.

My mileage varied considerably: using wkhtmltopdf to archive intranet pages and it has worked great for years.

No comparison to 2015 data? Maybe Thanksgiving always shorter for this group.

Ideal for me is a giant window facing a green space. My current fav is guest bedroom on 2nd floor of my house with great views of the park.

>Who's angel investing?

Me.

>Wouldn't it make sense for angel investors to pay $100 or so a month to get super high-quality deals?

I pay 20% of profits for 'super high-quality' by going through Angel.co syndicates and the like. That is MUCH higher than $100/mo and I gladly pay it.

poke around here to get some more feeds: http://this.how/feedBase/

"I have $X, what should I do with it?" https://www.reddit.com/r/personalfinance/wiki/commontopics

Yep if I can't overcome the drag of long-term capital gains over several years I will pull the plug.

A fool would judge their algorithm based on ANY single year's performance--up down or sideways. Moving averages over 5 or 10 years are what matter.

Check out Berkshire Hathaway's performance. There are plenty of years they have UNDER performed. But they are doing OK.

http://www.berkshirehathaway.com/letters/2017ltr.pdf

96 trades. 4 active strategies that each buy 2 stocks a month and hold for a year.

I care so little about volatility that I'm not even measuring it yet. And I admit that might be dumb.

Not being sarcastic or proud, I know I (barely) lost. Just stating the facts. Obviously over a long term horizon of like 10 yrs I expect to beat the S&P or I would be spending my time elsewhere.

This guy talks:

  Gary Antonacci
  book: Dual Momentum Investing
  http://www.optimalmomentum.com/gem_trackrecord.html

Great algorithm. Great book. I have a big chunk of my own money in this.