iamjdg

Yeah this is an option. There is a fee and and exit tax audit. But I travel to the US frequently for visiting family and business and I worry renouncing would lead to border crossing troubles. Im not living outside the US because Im anti US. It’s just where my career took me and then I met my spouse, bought a house, had kids, etc. I don’t want to give up the citizenship of my birth country. So I will complain about the draconian US tax laws but I will probably just endure them for the rest of my life.

I’ve been a US expat in Canada for 21 years, and I can say the time and stress of US citizen based tax law is extreme. But every year I do it, send tons of info to the IRS, because I knew the laws, but I would love this burden being removed. I am not super wealthy, my net worth is ~$3 million which is from decades of a high savings/investment rate into primary retirement accounts and equity in my principal residence.

On a side note, another draconian US expat tax law, the US will tax US citizens on capital gains over the US limit on the sale of your foreign principal residence. Crazy right. Don’t live the US, maybe never have, but if you have US citizenship, accidentally or not, or a green card, they can tax you on the sale of a principle residence located outside US jurisdiction.

The US/Canada tax treaty is good in the sense I rarely pay double tax, except for some special circumstances (stock options), but it is a ton of paperwork, information, and stress that I didn’t mess something up. I worked in Germany for a couple of years, and when I wasn’t a Canadian tax resident (I am also a Canadian citizen) the Canadian Revenue Agency didn’t care about my German income and I didn’t have to file any information for it. It was bliss. But of course the US IRS cared. This tax filing years were nightmares.

Paper behind the article.

https://eml.berkeley.edu/~yagan/Capitalists.pdf

On contract, yes.

If there are 190k Russian troops amassed at the border of Ukraine, wouldn’t this be an opportune time to take them all out? Trade offs being ethics and retaliatory considerations. I mean what is the end game here? Back to the status quo? Russian history has proven over and over again they will never likely be an open and forthcoming ally of the “west” for very long.

Not to brag, but to brag, this is nothing. I’ve had a gas bubble injected into my eye to repair a detached retina (pneumatic retinopexy).

https://www.google.ca/amp/s/www.hopkinsmedicine.org/health/w...

If the two cups of coffee are for one person, I don’t think you want them at the same time, one might get cold.

I think you can start to heat again sometime during the drip phase. Start to enjoy your first cup while the 2nd cup is heating. Then the time between 2 cups being ready is shorter than option 1 and not at the same time as in option 2.

Left

Joseph Campbell The Power of Myth with Bill Moyers

Ishmael by Daniel Quinn. I read it first year of university and at the time I was very influenced by it.

23

I’ve lived in Vancouver for 17 years and while there is no direct fire threat in the city, the smoke in the area has never been this bad and for such an extended period of time. Rain in the forecast for this weekend (fingers crossed).

I agree with this author. Pursuing money is good as long as you are accumulating for the right reason, to enable your freedom of choice. I wish I had learned this lesson earlier in life, I could have easily been “retired” by now. If one lives off 50% of their take home income, invests the rest, and maintains the same level of spending for the rest of their life, then they actually only have to work for 16 years before the interest from their investments will cover their spending. So earn as much as you can for those 16 years, and then just go do what you want, give the world the finger. Luckily I learned this early enough that I should be able to do this by my early 50’s. I see people working until 65 because they have to, they are miserable, can barely move, no thank you.

This is a very clear explanation. Thank you. Now I understand.

What I don’t get is in the first table, game 3 and game 5 no longer exist after he opens doors 3. The auto can’t be behind door 3, because he revealed there is a goat there. So yes, relative to the original choices, she is correct. But we have been presented with new information, so if you reset the problem based on the new information, don’t we now have a choice between 2 doors, one with a car and one with a goat?

I think a mass bends/distorts spacetime the effect of this bent/distorted spacetime on other masses is what we describe as gravity.

agreed. the farther back the data point, perhaps the less applicable it is today.

i was just surprised by the typical length of consecutive runs positive return years (3.6) vs negative return years (1.4).

Also, that if history has any bearing, 2018 will probably be a negative return year (there has never been longer than a 9 year run of positive returns).

thanks, your right, my mistake. i was just surprised that the most negative return years in a row during the entire history of the S&P 500 was only 4 years, and typically it is only 1.4 years.

No problem!

Oh yes, good idea, sorry about that, the source of data was: http://www.moneychimp.com/features/market_cagr.htm

Yes of course, no guarantees. But seeing all the long runs of positive returns vs the short runs of negative returns does boost my confidence.

Just as I finished reading this article, a book on a shelf fell over. Was that Boko? Or was that just physics and time set in motion from when that book was placed on the shelf?

I don’t know. My bond funds are down last couple of years with these low interest rates. With interest rates starting to rise, they should be going up, but still don’t see it yet. Maybe there is a lag of bond fund prices to interest rate rises.

High interest e savings could get you close to 2%. But you you would have to split the money into amounts at different institutions that are FDIC insured.

Or I would think with that amount of money you could walk into a number of major banks and negotiate a 2 year, 2% rate.