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09-20-2018, 02:12 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: Syracuse
Posts: 3,502
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Rules of Thumb
We have endless talks about the 4% rule and 25 times expenses rule. What other rules of thumb do you live by.
Here's 2 of mine:
Never eat in an unknown Italian restaurant South of Philadelphia.
There's one in every crowd, and it's always the guy in camouflage shorts.
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09-20-2018, 02:18 PM
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#2
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Thinks s/he gets paid by the post
Join Date: Mar 2014
Location: Southern Cal
Posts: 4,032
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Never say never.
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09-20-2018, 03:04 PM
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#3
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Thinks s/he gets paid by the post
Join Date: May 2016
Location: Mid-Atlantic
Posts: 2,676
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When you're trying to guess the amount of time you'll need for something new, be sure to think of all the worst case scenarios.
Then double your estimate.
Then double it again.
__________________
-Looking to FIRE in the mid-2020s, which would be our mid-50s.
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09-20-2018, 03:11 PM
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#4
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Recycles dryer sheets
Join Date: Feb 2018
Posts: 145
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1). 3.25% rule to be safe
2). When packing for a trip, half the number of shirts and pants and double the number of underwear.
3). To prevent frustration, NEVER assume common sense is common
__________________
Person who will often put his foot in his mouth and not realize it.
2020 or bust!
Or
Perhaps 2021...2022...NVM
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09-20-2018, 03:12 PM
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#5
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Recycles dryer sheets
Join Date: Feb 2018
Posts: 145
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 Quote:
Originally Posted by The Cosmic Avenger
When you're trying to guess the amount of time you'll need for something new, be sure to think of all the worst case scenarios.
Then double your estimate.
Then double it again.
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Are you my renovation contractor?
__________________
Person who will often put his foot in his mouth and not realize it.
2020 or bust!
Or
Perhaps 2021...2022...NVM
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09-20-2018, 03:31 PM
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#6
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Thinks s/he gets paid by the post
Join Date: Dec 2014
Location: St. Charles
Posts: 3,919
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Quote:
Originally Posted by Lukeee
2). When packing for a trip, half the number of shirts and pants and double the number of underwear.
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A corollary to that rule: Once you pick the suitcase, fill it up, just in case.
__________________
If your not living on the edge, you're taking up too much space.
Never slow down, never grow old!
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09-20-2018, 07:44 PM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2011
Posts: 8,410
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At the airport, never get in line behind anyone with children.
At a European airport, never get in line behind anyone carrying sticks (some weird thing for folks coming in from Africa)...same rule above applies for children.
At any airport bathroom, never touch anything but yourself. Ever. Even if it means not flushing or washing.
In France always say "Bonjour" before engaging in any conversation or attempted conversation. (had a cop berate me for asking directions without saying that first)
After all your calculations, discussions, sweat, tears and consternations, 4% is about what you can withdraw safely.
Leave your hotel room key where you can find it in the dark and even in an emergency never leave the room without it. Keep your room safe unlocked the night before you leave.
When dealing with your local marina, ALWAYS ask "how much will this cost" first.
The 80/20 rule applies to almost everything. If a concept/plan/idea works 80% of the time, that's usually good enough to get through life.
The best weapon in the world is the first thing you can grab.
__________________
Living well is the best revenge!
Retired @ 52 in 2005
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09-20-2018, 07:57 PM
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#8
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Recycles dryer sheets
Join Date: Jul 2016
Location: Cypress
Posts: 172
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1. Lord loves a working man.
2. Dont trust whitey.
3. If you get it, get a shot and get rid of it.
Bonus points for anyone that can tell me what movie this is from.
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09-20-2018, 08:06 PM
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#9
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: Independence
Posts: 7,297
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Quote:
Originally Posted by griffithee
1. Lord loves a working man.
2. Dont trust whitey.
3. If you get it, get a shot and get rid of it.
Bonus points for anyone that can tell me what movie this is from.
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Sure sounds like The Jerk to me..
__________________
"Be kind whenever possible. It is always possible." Dalai Lama
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09-20-2018, 08:09 PM
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#10
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Recycles dryer sheets
Join Date: Apr 2013
Location: The sticks
Posts: 314
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When estimating the time required for a minor home repair estimate the time the job [I]should[I] require, double it, then add an hour.
__________________
I’m not much on seizing the day. I just kind of poke it with a stick.
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09-20-2018, 08:21 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: Syracuse
Posts: 3,502
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Quote:
Originally Posted by griffithee
1. Lord loves a working man.
2. Dont trust whitey.
3. If you get it, get a shot and get rid of it.
Bonus points for anyone that can tell me what movie this is from.
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You Jerk
__________________
“No, not rich. I am a poor man with money, which is not the same thing"
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09-20-2018, 09:02 PM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2014
Posts: 7,045
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Marko, don’t flush the toilet that’s gross.
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09-20-2018, 09:53 PM
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#13
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Full time employment: Posting here.
Join Date: Sep 2016
Posts: 527
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When you have to shoot, shoot don’t talk!
- Tuco
https://youtu.be/sTcBgs2huRo
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09-20-2018, 09:59 PM
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#14
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Thinks s/he gets paid by the post
Join Date: Jul 2009
Location: Miraflores,Peru
Posts: 1,992
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Incoming fire has the right of way.
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09-20-2018, 10:05 PM
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#15
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Thinks s/he gets paid by the post
Join Date: Feb 2003
Posts: 2,395
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Never argue with an Idiot. The Idiot won't get any smarter, and you'll just get frustrated.
__________________
-- Telly, the D-I-Y guy --
Two fools dancing on the hands of time
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09-20-2018, 10:27 PM
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#16
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Full time employment: Posting here.
Join Date: Oct 2007
Posts: 798
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If you like this sort of thing, this is the sort of thing you'll like.
__________________
Mission accomplished - not necessarily ER, but certainly R.
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09-20-2018, 11:00 PM
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#17
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Full time employment: Posting here.
Join Date: Sep 2016
Posts: 527
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Quote:
Originally Posted by Telly
Never argue with an Idiot. The Idiot won't get any smarter, and you'll just get frustrated.
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Haha, this just came in handy one minute ago! 
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09-20-2018, 11:25 PM
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#18
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Thinks s/he gets paid by the post
Join Date: Dec 2015
Location: Santa Paula
Posts: 4,076
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1.Never eat at a place called "Mom's"
2.Never play cards with a man named Doc
3. Never go to bed with a person who has more problems than you do
__________________
Retired Jan 2009 Have not looked back.
AA 60/35/5 considering SS and pensions a SP annuity
WR 2% with 2SS & 2 Pensions
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09-21-2018, 12:55 AM
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#19
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Thinks s/he gets paid by the post
Join Date: Apr 2005
Location: Duesseldorf, Germany
Posts: 1,202
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Bankers rules:
Never give a loan to a man with a wig.
Never give a loan to someone living in a castle.
Never give a loan to someone driving in a Rolls Royce.
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09-21-2018, 03:02 AM
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#20
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Thinks s/he gets paid by the post
Join Date: Mar 2014
Location: Dallas
Posts: 1,155
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If you place something fragile/important somewhere and your gut says "Don't" then follow your gut.
I am a hobbyist/tinkerer/jerry rig/hacker guy so this one only applies to this particular species: If you throw something away then you will need it or parts of it in about a week.
Always double check the keys when you leave the car/house.
NEVER check in a bag on a business travel and always check-in early online.
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