UK

Do you expect him to stop just under 10 percent or sell it all?

https://www.reuters.com/lifestyle/why-house-dragon-separated-older-younger-actors-alicent-rhaenyra-2022-09-22/ It is interesting, but I always do not like this (also when they did it for the first Daario Naharis) despite the fact that both new actresses objectivelly are no less or perhaps even better and this totaly makes sense after 10 year gap in the timeline. But it must be something about getting used to someone and not liking changes in general:)

'The Chains of Habit Are Too Light To Be Felt Until They Are Too Heavy To Be Broken' Between me and my wife we have three parents (and than some other close people) who are living alone and separatedly in an oversized too big home for each of them at this stage, which cost them dearly (and not only financially), but they do not want or are afraid to change anything, so I am jokingly almost consider them becoming some kind of a prisoners of their home's. Seeing this I am almost afraid to own a house for myself at this point:). Better to remain free and enjoy more sun somwhere, while you can, than to shovel snow all dark winter alone, in my opinion:)) This 'you live as if you were destined to live forever' or 'saving sex for the old age' is another very important thing to remember and to balance, while considering early retirement, or parenting, or whatever. And finding not what is necessarily right or super optimal, but what works for YOU is more important than anything.

And after realising this, you may even reconsider quitting:). I was basically working as a freelancer at the time anyway, so there was no need to be a `bad employee' or anything like that. Just not saying yes to all projects/assignments and no to a few was almost enought for a start:)

Again, especially in the very begining, or if you just want to try out if things works for you, the best way I think this semi aproach of not going all in/out: just keep you current job, while reducing workloads or hours to a minimum, if possible, start working the same job partime or few days a week. I think Mohnish said, that when he decided to start his own business, he began working at 'just not to be fired' level:). Less to lose this way. If everything is awesome with investing, you will always can quit you job for good later, but with more confidence and less stress. Perhaps a year or two should be enought to decide. personaly I do not need or like office job, but retrospectively I think I harpd felt better, for many other reasons, if I had quitted it more slowly, with some 2-3 more years of 'transitory period':)

https://www.bloomberg.com/news/articles/2024-09-04/jpmorgan-abandons-bullish-china-call-as-us-election-stirs-angst?srnd=homepage-europe But: https://www.bloomberg.com/news/articles/2024-09-04/china-stocks-listed-in-us-near-cheapest-ever-versus-nasdaq-peers?srnd=homepage-europe But: https://www.bloomberg.com/news/articles/2024-09-04/china-s-earnings-setback-sows-fresh-doubts-about-stock-rebound?srnd=homepage-europe

https://www.reuters.com/world/lavrov-warns-us-not-mock-russias-red-lines-2024-09-04/ A new day, a new warning on red lines.

No problem John and btw: https://en.wikipedia.org/wiki/Denmark–Lithuania_relations#Modern_relations Since Lithuanian independence, Denmark has taken a leading role in supporting Lithuania with international recognition and military and internal reforms. Denmark also played a significant role in Lithuania's accession to the EU and maintains a military presence in the country.

Perhaps not so impossible: https://www.reuters.com/world/asia-pacific/if-china-wants-taiwan-it-should-also-take-back-land-russia-president-says-2024-09-02/

https://www.bloomberg.com/news/articles/2024-09-03/shorts-are-circling-some-of-the-ai-boom-s-biggest-question-marks

Sorry, my bad. Inflation resistant growth industry with ever growing TAM:))

So does this suggest, that insurance is quite a growth industry with a continuously expanding TAM:)?

https://www.ft.com/content/af04c395-393f-4acf-abe3-ea87bdad9260

https://www.reuters.com/world/us-close-agreeing-long-range-missiles-ukraine-delivery-take-months-2024-09-03/

'I want more, impossible to ignore Impossible to ignore'

I am in the process of selling my main (non listed) real estate investment which was bought in 2018 and its price has ~ followed this index since. Some dry powder is coming, if the deal closes as expected soon:)

+1. This is basically my plan as well.

It is a lonely job and that is why I like it:). Working in office, but especially in a team and all these meetings were starting to drive me mad, so I moved to work from home in 2012 (later my wife followed, so for 5+ years we both can basically work from wherever there is a good internet), I could not be more happy about this aspect since. And I was not even driving to the office at the time, since I lived close and could reach it by walking. But still way more free time, less loss of energy. And you can always sociolize by meeting a person you like or just by going outside, but only if/when you also want it. Same as here at COBF:). But not like giving up your energy to some random jerk, who think he can bother you whenever he wants, you wish you have never seen in the first place:). But as with the other things, perhaps this is also very personal and lots of people enjoy and thrive in the office.

I have a very similar view and experience! Only I have started investing as a main job a bit earlier, with a more ambitious goals (min 10 percent, while beating the benchmark, but aiming at 15 percent CAGR over time), but ended up with lower results than yours (still confidently above my minimum though), which perhaps shows, that I am much more lazier, than you, as input on FFH analysis perfectly illustrates:). I think the crux is to find/know what fits you and not too full for to long yourself if it is not!

I think it really depends on your day job and other circumstances. If you like your job, I think the best of two worlds would be to keep it and just start working way less/part time. Otherwise you need to plan for a some alternative to investing activity anyway, since it could become really boring because you just have nothing exciting to do for a long time sometimes. Perhaps parenting could fit this quite nicely, but it is not totally stress free either, so sometimes you become overwhelmed, but I think it would still be better vs only investing, at least for me personally. Too much time may not necesarilly lead to a better outcome quickly, but you could feel too accountable for this to happen if investing was the sole activity. But I think all this is very personal and the best way to know is just to try:)

This sounds like a serious and nice plan! In such case, adding a few days for Jurmala or Nida (this is perhaps a nicest coast you can get in LT/LV) would not be bad, I was just sceptical of chosing them as the only place to visit/staying for long here:). Krakow is really nice, perhaps would be my top single city of Poland to visit, if I had to chose one (also Auschwitz is near, as is Energylandia). There are plenty of cheap flights or even overnight ferries from Stockholm to Riga (or perhaps also Tallin or Klaipeda), so personally I would include Stockholm or Copenhagen (or maybe even place such as Gotland), especially if in the middle of summer. Most of Scandinavia is very nice and summer, maybe +- one month, is really the only time to visit it, since it could be to cold in other time (same for Baltics:)). https://www.bloomberg.com/news/features/2024-07-03/norway-sweden-and-denmark-tourism-boosted-by-coolcation-trend

If strictly in summer, for me it would be easy to answer: I avoid Baltic coast in our country in peak months (June-August), because it is very crowdy and expensive at this time, and I am afraid same would be true for Jurmala. The other part of Latvian Baltic coast is way less crowdy, even in summer, but also with way less infrastructure, perhaps good only if you are ok with enjoying the nature with less people and much else to do (still the better option for me personally). The best time to visit Jurmala (as our Palanga) I think is early September, because the weather is still nice (or even like in the summer as currently is), but all bad things disappear right with the back to school season, not an option if you travel with kids though. Italy/Spain/Greece of course would be my choice, but the problem with recent summers, it could be really too hot, there is even a new word/trend, 'coolcation' I think, to describe this phenomena. Again late spring or early autumn perhaps would be a safer bet. So I have never been in German Baltic coast (or only from the side of Denmark:)), but I would chose this over other options (perhaps even adding some places in Poland, especially if you will use car), or even Scandinavia, depending on the circumstances, for the summer. E.g. Stockholm is very nice in the summer, you can be in the city, many things to do, and go to swim in the sea basically using public transport and for me it is same price/as easy to reach (thank you Ryanair) as Jurmala, so really no brainer vs our/Latvian Baltic Coast. But if you really want to visit Yurmala, maybe you can add Riga as well. I think it is also easy to reach from Yurmala by train or vice versa.