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baccreditedon The Electric-Bike Conundrum

How many pedestrians and bikers have been injured and/or killed by electric bikers? How does that compare to cars and trucks? Wouldn't that information be helpful in thinking through whether there is any problem at all here?

baccreditedon Ask HN: Which companies give programmers offices?

I've had multiple federal government programming jobs with offices. I consider it a requirement at this point.

baccreditedon Ask HN: What's the worst thing your code has done?

Can anyone top this one:

  -  function initMultiowned(address[] _owners, uint _required) {
  +  function initMultiowned(address[] _owners, uint _required) internal {

This bug led directly to over $30 million dollars being stolen yesterday. Not my code, but impressive nonetheless.

Hackers have stolen $32 million in Ethereum in the second heist this week http://www.businessinsider.com/report-hackers-stole-32-milli...

Fix initialisation bug. https://github.com/paritytech/parity/commit/e06a1e8dd9cfd8bf...

baccreditedon Ask HN: What personal finance advice would you give your 25yo self ?

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

baccreditedon Ask HN: What personal finance advice would you give your 25yo self ?

I don't disagree. But... the average American owes over 30,000 in car debt. Just be smart. http://www.cnbc.com/2016/06/02/us-borrowers-are-paying-more-...

I favor buying used cars under 3 years old that still have like 75K or more of manufacturer warranty in place.

baccreditedon Ask HN: What personal finance advice would you give your 25yo self ?

- credit card debt is an emergency and optimizing any other money stuff while you carry it is like rearranging your sock drawer while your house is on fire

- save 25x your annual spending and never work again

- start by saving at least something (even 1%) and save 50% of all future raises

- long commutes are for fools. So are new cars--buy used.

- spend on things that you value. I've given myself a tech budget for years because good tools matter to me

- host a dinner party instead of eating out (most of the time)

- If you have a gamblers mindset to investing, carve out a small portion (10%?) of your money and use it for risky investing. I call mine the 'casino fund'. Track your returns.

- read voraciously about finance and early retirement. You only need about 20 books or so to gain a background that is easily more valuable than your college degree. This is a good start: https://www.reddit.com/r/financialindependence/wiki/books

baccreditedon Amazon to Acquire Whole Foods for $13.7B

Challenge often becomes an opportunity. Instacart recently landed Publix who has MUCH higher market share in the markets they serve.

Disclaimer: I'm an Instacart investor.

baccreditedon Ask HN: How do you keep your ideas?

Dropbox/ideas/ideas.txt

From any app on my Mac, I can type command-space to open a spotlight search dialog, type ideas.txt and it will open the file above.

On my phone I use http://captio.co/ to send myself a quick note to my gmail account, then I copy it to ideas.txt when I'm on my laptop.

That's it.

baccreditedon Show HN: StockNerd – A community for index fund investors

Warren Buffet tells his heirs to go 90% SP500 and 10% Bonds. So just buy VOO and BND, rebalance yearly and you are done.

OR do a 3 fund portfolio like: https://www.bogleheads.org/wiki/Three-fund_portfolio

OR buy a target retirement fund from Vanguard: https://investor.vanguard.com/search/?query=Vanguard%20targe...

OR fill out a risk profile on Wealthfront/Betterment and invest there.

Bottom line is pick an approach and don't ever touch a damn thing.

I believe this advice can fit on a single web page and doesn't need an app, a community or otherwise.

baccreditedon Ask HN: For those programming 10+ years, what do you wish you knew 4 years in?

No I'm not a lean FIRE guy like MMM more of a FatFIRE https://www.reddit.com/r/fatFIRE/ Our family spends like a drunken sailor on shore leave. I'm lucky to come from a dual income family and save 100% of my salary. I'm targeting saving 25x yearly spending.

baccreditedon Ask HN: For those programming 10+ years, what do you wish you knew 4 years in?

I wish I knew I could save aggressively and achieve financial independence in a relatively short time frame. Even medium salary programmers in the US can save the bulk of their income and retire early (if they so choose). I'm on track to retire in about 4 yrs but wish I had done so quicker.

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

baccreditedon Auth0 Extend: A new way to extend SaaS applications beyond Webhooks

Pricing says 'call us'. That is a huge bummer. Basically means I won't invest the time to use this. Keep in mind I'm already an auth0 customer.

baccreditedon Ask HN: How to make money while commuting to work?

I would listen to an audiobook - Your Money or Your Life https://www.amazon.com/Your-Money-Life-Transforming-Relation...

And follow it up by reading something like: https://www.amazon.com/Simple-Path-Wealth-financial-independ...

baccreditedon Ask HN: How many people here actually invest in cryptocurrencies and why?

I don't invest in cryptocurrencies, instead I invest in the companies who are building interesting things with them. I put money in this fund: https://fundersclub.com/theme-series-bitcoin-payments/

I think it is useful to sell pickaxes during this particular gold rush.

baccreditedon Ask HN: Shitty job but well paid

A good savings goal is 25x your YEARLY spending. Then you can invest to make about 7%/yr, spend about 4%/yr, and the extra 3%/yr should cover inflation. This should last 'forever' and you can work on whatever pleases you (or nothing).

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

baccreditedon Ask HN: How do you invest your money?

  house       8.1%
  US stocks   36.6%
  Intl stocks 12.8%
  bonds	      16.0%
  real estate 4.6%
  P2P lending 3.5%
  vc          6.4%
  college 529 6.7%
  cash        5.4%

baccreditedon Ask HN: What are the best noise cancelling headphones?

Another vote Bose QC35. A killer feature is it maintains a Bluetooth connection to 2 different devices and is smart enough to know what to do when you pause one and start the other.

baccreditedon Ask HN: Where do you see yourself in 5 years?

Financial Independence (FI) achieved and DONE working for other people by end of 2021. Pursuing my own projects and making a bigger dent in the universe.

baccreditedon Ask HN: Do investors “blacklist” companies that raise with equity crowdfunding?

I've done direct investments in companies and equity crowdfunding via sites like Wefunder. I don't think what you are hearing is true. People (and funds) chase returns and will invest where they can get them.

In the long run, say 5 to 10 yrs, the VCs role will be diminished at least somewhat. Look at Gnosis, who just raised 12MM at a valuation of 300MM, without traditional VC.

baccreditedon Ask HN: What project can I start in my free time to make some side-cash?

'The average pay for a Software Engineer is $80,825 per year.' http://www.payscale.com/research/US/Job=Software_Engineer/Sa...

baccreditedon Ask HN: What project can I start in my free time to make some side-cash?

Learn how to invest your surplus dollars and start saving for financial independence. A simple Warren Buffet blessed approach is 90% VOO and 10% BND. Save 25 times your annual spending and never work again. Think of your extra dollars as employees and put them to work for you.

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

baccreditedon Ask HN: Best business advice for software developers

I posted to my twitter/medium but will copy here:

I wish I knew that I could start saving and investing the money I was already earning — and retire while still young. Your odds of success as an entrepreneur are basically zero. (I know some of you are going to do the startup or nights/weekends project anyway and I wish you the best of luck.)

If I knew this I could probably have shaved years off of my FI date.

baccreditedon Ask HN: What technical skill should I learn to prepare for the next 10 Years?

Learn about the magic of compounding interest and investing in index funds.

Oh yeah - if you save 68% of your earnings, you can retire in under 10 years.

The Shockingly Simple Math Behind Early Retirement http://www.mrmoneymustache.com/2012/01/13/the-shockingly-sim...

baccreditedon Ask HN: If you had $50,000-$100,000, what startup idea would you do?

  90% VOO
  10% BND

Rebalance once a year. And keep investing every spare dollar you make.

baccreditedon Ask HN: One website that isn't popular but is your favourite?

I read it with an RSS reader (feedly.com) so I'm actually almost never there.

baccreditedon Ask HN: One website that isn't popular but is your favourite?

http://www.swiss-miss.com/

baccreditedon Ask HN: What are the best resources for learning about algorithmic trading?

Related question: after creating a successful quant trading strategy - how would you publicize it?

I've created a fund that tracks my strategy at motifinvesting.com and am posting the trades at instavest.com. Where else should I go? Are there any contests I can enter? (Quantopian requires too much turnover I only do 50 trades/yr)

baccreditedon With ~$2M, where should I move to have impact and relax in life?

To reach financial independence you need 25x your annual spending. Then you invest it to earn over 7% and have a SWR (safe withdrawal rate) of 4%. The extra 3% should cover inflation. So you can enjoy the same lifestyle 'forever'. So if you can live on 80K yr (6.6K/mo) you are all set on the luxury part.

Put the money 90% in VOO and 10% in BND (like Warren Buffett tells his heirs). Or get fancier as you learn how to invest.

More (read the sidebar on right): https://www.reddit.com/r/financialindependence/

'participate greatly in local business' Your time and energy are probably the best thing you can give.

baccreditedon Ask HN: How can an older developer thrive?

My strategy is to hit FI before turning 50 (Financial Independence)

Then you can build startups. Raise goats. Whatever!

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

baccreditedon Ask HN: What stock are you investing in right now and why?

I don't have a great source link for you (forgot) but you only need a very small number of companies to roughly match a given index: 20-ish. I'm saying my 25 companies will handily beat the S&P 500 over the long run. I'm trading with real money in a public forum so time will tell.