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simonreed

1,271 karma · joined December 13, 2009

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simonreed··on What I’m Teaching my Son about Money
It comes from inflation. Purchasing power of $1mm in 10 years time will be probably the same as 500k today.

The investment works because in 10 years time you own bigger chunk of the asset (Mostly due to inflation but also debt repayment from rent).

simonreed··on Ask HN: The “I want to do everything but end up doing nothing” dilemma
Stop whatever you're doing now and read this book: "The Practicing Mind: Developing Focus and Discipline in Your Life - Master Any Skill or Challenge by Learning to Love the Process" by Thomas M. Sterner.
simonreed··on Just how much is that 2% really worth?
>If you want to make millions in software, get a job writing code at a bank and invest your salary.

This is actually a very good piece of advice.

simonreed··on Ask HN: How do you earn your money?
Yes, I'm afraid both of your points are true.
simonreed··on Ask HN: How do you earn your money?
I work as a software developer in an investment bank. In finance you can earn much more than £30,000 per year.
simonreed··on Unix Commands I Wish I’d Discovered Years Earlier
man units
simonreed··on The Rise Of The Million Dollar, One-Person Business
"What's left is real estate, but I'm regularly told I shouldn't even bother if I'm not a fix-it handyman sort, which I'm not."

You don't need to do the fixing yourself... My advice would be to read 3+1 Plan book (http://en.wikipedia.org/wiki/The_3%2B1_Plan). You can get it for free in PDF from the author if you sing up for one of his websites.

simonreed··on How to Be a Better Procrastinator
I've posted this on HN a long time ago: http://news.ycombinator.com/item?id=1125284
simonreed··on Is the Fed a Governmental or a Privately controlled organization?
Here is the Fed's take on the question: http://www.federalreserve.gov/faqs/about_14986.htm
simonreed··on Vim: reorder tabs
My preference however is to use Shift-Left, Shift-Right to move the tabs:

map <silent> <S-left> :call MoveCurrentTab(-1)<Esc> map <silent> <S-right> :call MoveCurrentTab(1)<Esc>

simonreed··on Vim - The file explorer
To open a file in new tab just use 't' instead of Enter.
simonreed··on Ask HN: What's been your best investment?
Learning English as my second language.
simonreed··on Paths to $5M for a startup founder
What I don't like in discussions like this is that people are looking for a binary answer to a problem that clearly has no this type of solution (it actually may be sensible to start up alone but it depends on personal situation of the person with the initial idea...).

The issue is made even worse by those who 'have already done it'. We hear this all the time: you have to do A, C and F but never M to achieve Z.

Finally, I've always thought that delicious.com was started by one guy working part-time and only when there was some traction there was another guy taken on board. Am I correct?

simonreed··on Ask HN: Great tech entrepreneurs who saw success in their mid 30s?
The average and median age of a company founder at the time when he/she started the business is 40:

http://www.kauffman.org/uploadedFiles/ResearchAndPolicy/TheS...