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Valerian Life
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work on ETF strategy and find out in FR tax environment it's better to mix Dist and Acc. Dist will allow a steady income even when markets are bad, but are immediately taxed in FR (30%), then Acc allows withdrawing something like 4% annually (especially when markets go well).
My new formula is simple:
- 40% of total ETF portfolio go to Dist, 60% to Acc.
- Dist funds life necessary life expense, while Acc funds lifestyle or expensive purchases.
That's the best balance for me between simplicity and tax efficiency for FR
#life
schedule to sell all my SP500 holdings tomorrow because 1. its over-exposed to AI and it's a bubble, 2. SP500 is over-valued by 120% to 200% as per analysts, 3. US is going geopolitically crazy recently so starting to lose confidence — will re-balance it to an Asia-Pacific Acc ETF tomorrow + All-World ETF to dump on the AI bubble growth and now spread the risk to preserve those fat gains
#life
uninstall X from phone because it became too addictive due to recent changes (can’t hide images) and I spend more time doomscrolling now, and it’s not possible to use unofficial client app anymore so —> 🚮
my phone is only messaging apps and maps now, which is the purpose of a phone after all. means I don’t use my phone much during the day except for smart stuff like searching knowledge or chatting with friends
#life
come back home in Costa Rica and descend a steep downhill with the car, then breaking started being less effective at slowing the car. A burnt smell entered the inside of the car, we managed to stop, and one of the brake was smoking like its burning!!!
Managed to get back home safely after waiting for them to cool down and drive at 5kph downhill with micro braking, will need to go check at a garage soon cause this ain’t safe
#life
nuke all social media from phone (Instagram + X) cause I realized it's been 3 days I started doomscrolling and it never happened to me before, maybe since X forced the loading of images in my timeline which I disabled but they removed the option from the app, need to fix the addiction before it starts so I wont be using any social media anymore
#life