Comments for The Chicken Coop

Comment on Augmented Reality: Gimmick? Useful? by Yetimon

Yetimon — Tue, 07 Sep 2010 08:26:32 +0000

The killer app will be the clip-onto-sunglasses laser projector. Then you’re talking true heads-up augmented reality.

Comment on Augmented Reality: Gimmick? Useful? by David ten Have

David ten Have — Mon, 06 Sep 2010 02:54:53 +0000

It falls into the ‘gimmick’ box for me… lots of enabling tech required before it’s compelling.

Comment on The Wapping Project by the mrs

the mrs — Sun, 05 Sep 2010 17:48:11 +0000

one of only a handful of photos i like of me. prob’ly cause you can’t see me!

Comment on “Fuck you” money by Damon Maria

Damon Maria — Fri, 27 Aug 2010 07:36:21 +0000

The first I heard of Fuck You Money was in ‘Black Swan’ (which I’ll bring for you in Rome – I think you’ll like it as per your other post).

Stats on income distribution in NZ: http://norightturn.blogspot.com/2010/02/some-facts-on-income-distribution-in.html

Only the top 1% earn over $165K. Not many.

Comment on “Fuck you” money by Simeon

Simeon — Mon, 23 Aug 2010 19:17:44 +0000

My point was, that if I didn’t have a house payment, then I would have been able to save 1 Million, without doing anything extra/special.

If your looking up Dave Ramsey, he has a daily podcast (available on iTunes), that’s quite good, you can learn all the valuable stuff off it if you listen for a week or two. Plus you can snicker at people with 30-80K in credit card debt.

There, I’ve repaid the debt of the ‘Tiesto’s club life podcast’ recommendation you did ages ago.

Comment on “Fuck you” money by Nic Wise

Nic Wise — Mon, 23 Aug 2010 15:49:35 +0000

Good point. Now…. how many people save 3K a month? I suspect not many (I know we dont…. sadly.)

Comment on “Fuck you” money by Simeon

Simeon — Mon, 23 Aug 2010 15:47:59 +0000

More on the how to get the money short of being awesome and owning a slice of an IPO hit.

30 years of 3K a month payment/savings equals just over one million, thus if you get any interest while savings, you should get there sooner, then be able to at least retire on 40K a year…

Comment on “Fuck you” money by Nic Wise

Nic Wise — Mon, 23 Aug 2010 15:01:33 +0000

I’ll look him up, but we have no debt. and no payments. damn it feels good. Would be nice to have a house freehold tho…. Working on that one.

yup, I’m with you on that one – 100K is definitely a “good enough” amount. If you are not paying for a house, that
goes a LOOOOOONG way.

Comment on “Fuck you” money by Simeon

Simeon — Mon, 23 Aug 2010 14:36:39 +0000

You should read/listen to some Dave Ramsey, he’s all about getting out of debt so you can do this very thing. If you have no debt, you have no payments, so you just pay costs.

I was living a happy life in NZ (Christchurch) with less than 100K and wife + two kids, and only a large house payment, thus cutting that house payment ~3K/month (36K/year after tax, 53K/year pre-tax @ 33%) out off the equation I could have lived in a freehold house on less than 40K a year.

40K needs 1M @4% return
100K needs 2.5M @4% return

Now I’d happily retire with 100K in asset based incoming. Then you could live, and enjoy the world also.

Comment on Mallaig, west scotland by Donna

Donna — Wed, 18 Aug 2010 21:35:59 +0000

I never saw this pretty view of Mallaig when I was there!