Whether you invest in the stock market via index funds or individual companies for your retirement, the success of your investments depends on the profits of publicly-traded companies. As Benjamin Graham said, the stock market is a weighing machine in the long term and only a voting machine in the short term. What it […]
Love ain’t FIRE
It’s true. Math and Science don’t lie! I will prove it in this article.
Getting to financial independence or retired early (FIRE) stage is not easy – it requires of years of persistent effort, discipline and an ability to think for yourself and often against the ‘grain’ of modern lifestyle and social norms. Maybe one in a hundred people will have the wherewithal to reach FIRE. So, the probability of getting to FIRE is say about 1%, whether you are a man or a woman.
Raman Venkatesh is the founder of Ten Factorial Rocks. Raman is a ‘Gen X’ corporate executive in his mid 40’s. In addition to having a Ph.D. in engineering, he has worked in almost all continents of the world. Ten Factorial Rocks (TFR) was created to chronicle his journey towards retirement while sharing his views on the absurdities and pitfalls along the way. The name was taken from the mathematical function 10! (ten factorial) which is equal to 10 x 9 x 8 x 7 x 6 x 5 x 4 x 3 x 2 x 1 = 3,628,800.
Recovered from election fever yet? As I said before, we will be persistent and will progress forward no matter who gets elected. Can we get back to business and personal finance? Good. Everybody wants money. Okay, maybe not these disciplined Buddhist monks going to their prayer hall. But even the slippers they wear cost […]
How mainstream finance sees you
The problem with traditional retirement planning and even personal finance oriented websites (including this one) is that they all focus a lot on the number, that is, our retirement stash that we aspire to get to. For those having a set target, this laser-like focus on ‘hitting’ that number can turn into an obsession. For those with say, a $1 million target, reaching a precise figure of say, $933,240, may still feel like they fell short. That is far from the truth. The number doesn’t define who you are or isn’t even a gauge of what you have accomplished in life.
Raman Venkatesh is the founder of Ten Factorial Rocks. Raman is a ‘Gen X’ corporate executive in his mid 40’s. In addition to having a Ph.D. in engineering, he has worked in almost all continents of the world. Ten Factorial Rocks (TFR) was created to chronicle his journey towards retirement while sharing his views on the absurdities and pitfalls along the way. The name was taken from the mathematical function 10! (ten factorial) which is equal to 10 x 9 x 8 x 7 x 6 x 5 x 4 x 3 x 2 x 1 = 3,628,800.
Fear is everywhere. Our politicians scare us about a doomed future if they aren’t elected or if any of their policy proposals are rejected. TV reporters paint fearful pictures of our communities, our nation and our world by the images and news that incite fear and negativity – right in your home’s 75 monstrous inches of full HD 1080p resolution […]
I am angry today. My friend Paul has always been generous in his sharing and volunteering. He had lost his job and fallen on tough times. Being a nice guy that he is, he offered to pick up the lunch tab when he called to seek my advice. Knowing his situation, of course, I couldn’t allow it. […]
This is not a topic you hear about much in mainstream finance. Even if you understood the efficient frontier and also that risk and reward are probability-based, there is a fundamental difference in our approach to risk that mainstream financial planners don’t bother to even ask. This is about risk tolerance vs. risk affordability.
Raman Venkatesh is the founder of Ten Factorial Rocks. Raman is a ‘Gen X’ corporate executive in his mid 40’s. In addition to having a Ph.D. in engineering, he has worked in almost all continents of the world. Ten Factorial Rocks (TFR) was created to chronicle his journey towards retirement while sharing his views on the absurdities and pitfalls along the way. The name was taken from the mathematical function 10! (ten factorial) which is equal to 10 x 9 x 8 x 7 x 6 x 5 x 4 x 3 x 2 x 1 = 3,628,800.
I am happy to share with you all today that this website has crossed two milestones. It is now a 3-month old baby and it has crushed Alexa 500K rank! I know nothing of web marketing and SEO tools (did not even know what the letters stood for until about a year ago) and yet, this website is making a steady march forward.
This would not have been possible without you. Thank you readers and fellow bloggers!
Raman Venkatesh is the founder of Ten Factorial Rocks. Raman is a ‘Gen X’ corporate executive in his mid 40’s. In addition to having a Ph.D. in engineering, he has worked in almost all continents of the world. Ten Factorial Rocks (TFR) was created to chronicle his journey towards retirement while sharing his views on the absurdities and pitfalls along the way. The name was taken from the mathematical function 10! (ten factorial) which is equal to 10 x 9 x 8 x 7 x 6 x 5 x 4 x 3 x 2 x 1 = 3,628,800.
It is only money and it grows on trees, according to Cara MacMillan. I read many articles daily and quite a few books every month. Occasionally, I am also sent new book material and manuscripts for review. I have turned down such requests largely because of time constraints. But this one was interesting and I […]
Stop paddling through a lousy job. You deserve better!
Most people work in jobs that drain their energy away. Faced with mortgage or rent, car payments, student loans, credit card debt and other IOUs, most of what gets deposited to your bank as your ‘paycheck’ is gone by the first week of the month. You still have 3 more weeks left before the next paycheck comes.
Raman Venkatesh is the founder of Ten Factorial Rocks. Raman is a ‘Gen X’ corporate executive in his mid 40’s. In addition to having a Ph.D. in engineering, he has worked in almost all continents of the world. Ten Factorial Rocks (TFR) was created to chronicle his journey towards retirement while sharing his views on the absurdities and pitfalls along the way. The name was taken from the mathematical function 10! (ten factorial) which is equal to 10 x 9 x 8 x 7 x 6 x 5 x 4 x 3 x 2 x 1 = 3,628,800.