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jmstriegel

20 karma · joined May 2, 2011

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jmstriegel··on Limits to Economic Growth
Whoops. Looks like this is behind a paywall now. Here's a link to the PDF:

https://tmurphy.physics.ucsd.edu/papers/limits-econ-final.pd...

jmstriegel··on Personal finance experts don’t get wealthy by following their own advice
I think this doesn't account for investment returns. If you assume this money is invested for the duration of your 20s and 30s, you "only" need to invest $50k/yr for the first 10 years. At an average 7% growth, you can let it ride for a decade and still have just under 1.3mm by age 40.

In your example, a high salary individual contributing $50k/yr for 20 years at 7% ends up with over $2mm by age 40. That's $80k/yr at a %4 withdrawal rate for the rest of your life.

More reasonably, a $25k/yr contribution for 20 years at %7, would pass $1mm by 40. If you let that sit for the next decade and retire just before you turn 50, that will roughly double over the decade to $2mm.

I agree that this isn't attainable for everyone, but contributing the $19.5k/yr max to a 401k pre-tax, and $5.5k/yr into a Roth IRA over your 20s and 30s, will likely make you a millionaire by 40 and a 2-millionaire by 50.

jmstriegel··on Charm delivers Stripe's carbon removal purchase ahead of schedule
I'm excited for technologies like this to become available for regular individuals. I'm not sure what the current figure is, but in 2008 the average American was responsible for 20 tons of co2 every year[1]. At $600/ton[2], that's roughly a $12,000/yr unpaid externality on the American lifestyle.

It's likely that even with incredibly aggressive elimination of co2 waste, several economic sectors will continue to produce significant amounts of co2, and we'll need sequestration to make up the difference.

[1] https://www.sciencedaily.com/releases/2008/04/080428120658.h...

[2] https://stripe.com/blog/first-negative-emissions-purchases

jmstriegel··on Use of Drones for Killings Risks a War Without End
I think the argument is that the semantics really only matter to who's making the definitions. If you're a civilian and you live in fear that you or a family member may be the casualty of an unprovoked bombing, be it by insurgents, terrorists, or drones, the distinction is irrelevant.
jmstriegel··on Wealth Levels, Wealth Inequality, and the Great Recession [pdf]
On that note:

http://en.wikipedia.org/wiki/Wealth_inequality_in_the_United...

http://en.wikipedia.org/wiki/Affluence_in_the_United_States

jmstriegel··on Build Tools – Make, no more
Taking the analogy a bit further, a vanilla proponent might put Make in the second category as well. Funny that modern web development requires a build process to change a line of CSS.
jmstriegel··on Coder for Raspberry Pi
If you're using Linux, just install avahi-daemon and you should be able to connect to coder.local without having to find the device's IP address.

mDNS/Zeroconf/Bonjour is an easy way to get up and running in a headless setup, but the Coder download is just a minimally modified Raspbian distribution, so you can also ssh in and tweak it to do whatever you like.

jmstriegel··on Coder for Raspberry Pi
This exactly. For someone just getting started, it's neat to be able to demystify how the web works. Here's your own little web server, and you can set it up right in your living room or classroom and play around with it to see how it all works.
jmstriegel··on Proof, an HTML5 iPad app for scotch tasting
By the way, I'd love to hear feedback from the HN community.

iPad dev in HTML5/jQuery was really a pleasure. As long as you don't need photo upload support (Apple, this is ridiculous), it seems like a really decent way to approach mobile app development for a ton of use cases.