tag:blogger.com,1999:blog-2980246226076317453.post3998042286979585097..comments2024-03-27T09:17:51.095-07:00Comments on Done by Forty: As I Accelerate Towards the EarthDone By Fortyhttp://www.blogger.com/profile/06246597867355460723noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-2980246226076317453.post-51945191252353218592015-12-10T02:12:50.439-07:002015-12-10T02:12:50.439-07:00It's all about taking the risk.
Many people ju...It's all about taking the risk.<br />Many people just afraid on the risk,<br />they're afraid on what will happen, without even trying.<br />Great read :)<br />Common Reporting Standardhttp://www.commonreportingstandard.com/noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-53623882509689436082015-11-06T12:23:53.353-07:002015-11-06T12:23:53.353-07:00Going solo would be intense, even without the free...Going solo would be intense, even without the free fall, as you still have to control your flight and then land that sucker! Go you, Tonya.<br /><br />I'm glad you're giving up the risk aversion, as our decisions really ought to be risk neutral. Not that it stops me from being risk averse...Done By Fortyhttps://www.blogger.com/profile/06246597867355460723noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-33485015615160423002015-11-06T12:22:41.256-07:002015-11-06T12:22:41.256-07:00I know your methodological skills trump my own, Mr...I know your methodological skills trump my own, Mrs. Pop. I want to say you're in accounting, right?<br /><br />My brain starts to hurt after a certain point of analysis, so I need to lean on shortcuts/heuristics. :)Done By Fortyhttps://www.blogger.com/profile/06246597867355460723noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-77580545085501454472015-11-04T07:51:59.261-07:002015-11-04T07:51:59.261-07:00Way to go! I did a static line jump (no free falli...Way to go! I did a static line jump (no free falling and the plane pulls your chute, but you are solo!), and I was scared leading up to it, but once I was in the plane I was on autopilot (no pun intended). I was told those were the beta blockers in my body kicking in and that I had "accepted death.' Hmm, I wouldn't put it that way. :) Up until this year I've been risk averse in business/career/money decision, but I liked other risk like going fast and adventure type stuff. Now it's almost the opposite. I got all the bungee jumping stuff out of the way, and I've become more ballsy with work risks. And it's paying off. Tonya@Budget and the Beachhttp://www.budgetandthebeach.comnoreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-61278163966559044882015-11-03T14:44:21.958-07:002015-11-03T14:44:21.958-07:00I'm a numbers geek, and still I need to put a ...I'm a numbers geek, and still I need to put a mental check on myself every time we come up for homeowner's insurance renewal because there are so many contradictory aspects. <br /> - our renewal is right when hurricane season is about to peak, so emotionally I want a ton of coverage right then<br /> - but insurance regulations in our state make it so our house actually subsidizes beach front homes, so our policy is far more expensive than it "should" be if we were just paying for our risk<br />It's not really straightforward, but I try to be as methodical as possible about it and make decisions for the long term, not the short term. =PMrs PoP @ Planting Our Pennieshttps://www.blogger.com/profile/03092406694266872975noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-12592627147194300522015-11-03T08:38:38.677-07:002015-11-03T08:38:38.677-07:00I'm right there with you on the insurance, Han...I'm right there with you on the insurance, Hannah. We buy a lot.<br /><br />Good point about being too concerned with life's risks though. If that kind of analysis keeps you from taking actions that would be worthwhile, it's a real detriment to living. I don't think I'm at that point yet (I mean, I still jumped) but there are some things I don't do that much anymore due to the risks. As I get older, I take the car more often and the scooter less often. The gas savings don't seem worth it. But hey, maybe it's somehow safer than the car? :)Done By Fortyhttps://www.blogger.com/profile/06246597867355460723noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-89020501065072889872015-11-03T08:36:44.035-07:002015-11-03T08:36:44.035-07:00Thanks, Jason. I am glad I did it once, and that I...Thanks, Jason. I am glad I did it once, and that I won't do it twice. :)<br /><br />My wife's love of rollercoasters hasn't rubbed off on me yet, but we keep trying.<br /><br />I am definitely hoping that the other bloggers might have some quick and dirty tips about how to better understand risk. For those of us trying to pull off a very early retirement, it could be a critical skill to learn.Done By Fortyhttps://www.blogger.com/profile/06246597867355460723noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-41730892502608915812015-11-03T03:56:22.243-07:002015-11-03T03:56:22.243-07:00I personally think it's just fine that we stin...I personally think it's just fine that we stink at identifying risk. If you spend you're entire life attempting to mitigate risk then you will never truly live. I'm of the mindset that learning as we go is the most important thing. However, I also have a crapload of insurance, so maybe I don't actually practice what I preach.Hannahhttp://unplannedfinance.comnoreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-16216558570108045142015-11-03T02:13:27.386-07:002015-11-03T02:13:27.386-07:00Well done for having the guts to do something like...Well done for having the guts to do something like that! It's one thing I've always told myself I'll never do - although I used to say that about rollercoasters until my die-hard rollercoaster wife changed all that...<br /><br />It's amazing to think how much we don't know what we don't know, but I suppose that's one of the attractions about blogging - put a thought or idea out there, and see what different perspectives get shared. The blind spots are kind of exciting in a way though - just like when you ride a new rollercoaster for the first time - or take your first jump out of a plane :)Jason @ Islands of Investinghttp://www.islandsofinvesting.com/noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-90721923525253658482015-11-02T17:59:13.823-07:002015-11-02T17:59:13.823-07:00Yes, the Thunderbolt was definitely a source of fe...Yes, the Thunderbolt was definitely a source of fear for me when I was younger. Okay, fine, it still is. But the one that has me making deals with God is the Jackrabbit. When I start lifting out of my seat on the double dip, and I'm trying to impress the girl next to me so I keep my hands in the air, and the only thing keeping me alive is that strap of leather...<br /><br />As for how the risk is calculated, I did see a stat that says there's one fatality in about 100,000 jumps out of an airplane. You bring up a good point though: the numbers might be skewed due to infrequency.<br /><br />http://www.kenneymyers.com/blog/20-things-that-are-statistically-safer-than-you-think/Done By Fortyhttps://www.blogger.com/profile/06246597867355460723noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-7456490489181340682015-11-02T16:56:15.554-07:002015-11-02T16:56:15.554-07:00P.S. The Thunderbolt really got to you, didn't...P.S. The Thunderbolt really got to you, didn't it? :pFemme Frugalityhttps://www.blogger.com/profile/07258982361804942329noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-48957260977089562062015-11-02T16:54:46.252-07:002015-11-02T16:54:46.252-07:00Here's something I've always wondered: lif...Here's something I've always wondered: lifetime odds of dying in a car crash versus a plane crash are weighted in favor of the former. But what does that account for? Is it each and every time I get in a car? Or is it based on the overall cause of death to humans? Because far fewer people ever fly compared to those who come into contact with vehicle usage. So are my odds actually lower when I step onto (or out of) a plane, or are those statistics skewed because not that many people ever do it?<br /><br />This is one of the many things I don't know.Femme Frugalityhttps://www.blogger.com/profile/07258982361804942329noreply@blogger.com