Where were you ten years ago today? Funnily enough, I know where I was – logged into WordPress for the first time, drafting a blog post about HSA arbitrage. That’s right: 10 years ago today on May 24, 2009 DQYDJ published our very first post. The More Things Change… For the last ten years we’ve […]
Offbeat
Proudly Revealing The Latest DQYDJ Redesign
We’re so proud to announce the latest incarnation of Don’t Quit Your Day Job…. By the time you read these words, our new design has been up for more than 24 hours and served content to over 10,000 people. Executive Summary: Changes on DQYDJ The stylistic changes on the DQYDJ front end are the most […]
The DQYDJ Weekender & Yearly Roundup, 12/31/2017
A Weekender… what? Well, it is the last weekend day of the year. That means you’re in for a treat: a recap of some of the best DQYDJ posts of this year. Perfect for some early morning 2018 reading once this hits your mailbox! The Best DQYDJ Posts this Year United States Income Brackets in […]
Happy Thanksgiving! Let’s Talk Turkey.
In 2016, the venerable turkey (perhaps more accurately currently, vulnerable turkey) clocked in at an average of 30.684 pounds. That’s right – according to data from the USDA and National Agricultural Statistics Service, turkeys are 132% larger than they were in 1929. That year, turkeys clocked in at a mere 13.185 pounds. Pretty stuffed, wouldn’t […]
Clustering Illusion and Anchoring to Outliers
Humans have an evolutionary incentive to recognize patterns. The same mechanisms that helped early humans avoid snakes and other predators are still part of our constitution today. One of our in-built biases is the human tendency to see patterns where none exist. Clustering illusion is our bias towards under-predicting the variability of random – or […]
The DQYDJ Weekender, 7/8/2017
What’s up folks! How’s your summer weekend going? High 90s here (in Freedom Units). First up: our friend Nelson at Financial Uproar updated the stock picking contest tracker. At least we’re not last, right? (Read about our process, here). Let’s hit the links! Links We Liked! Political Calculations wonders why we don’t tax welfare benefits. […]
The DQYDJ Weekender, 6/17/2017
Happy Father’s Day everyone! Links We Liked Priceonomics had a nice post estimating how much people are pulling in from the so-called ‘gig economy’. Amazon is acquiring Whole Foods for $13.7 Billion. Insert your own joke here: (“Who among us has not spent $13.7 Billion at Whole Foods?”) With Amazon acquiring Whole Foods and Walmart […]
Imposter Syndrome: Does This Article Even Belong Here?
Imposter Syndrome – or the Imposter Phenomenon – is a feeling of intellectual self-doubt where people fear exposure as a “fraud”. In the face of – often overwhelming – objective proof of competence or excellence, individuals with imposter syndrome still don’t feel they deserve praise or accolades. Although first described in high achieving women, subsequent […]
The DQYDJ Weekender, 5/14/2017
We lost my grandfather last week – a great man and a true original. He had unfortunately been battling a strange blood disorder for quite some time. My grandfather was an inspiration to us all, and I’ll greatly miss him – RIP. I hope I do you proud, Papa. We’ll be back with new articles […]
The DQYDJ Weekender, 5/7/2017
That’s our way of announcing I updated our main datasets on the Dow Jones, S&P 500, and 10-Year constan maturity treasuries. There are about 15 calculators auto-updating off those (haha), but here are the main three: Dow Jones: https://dqydj.com/dow-jones-return-calculator/ 10-Y Treasuries: https://dqydj.com/treasury-return-calculator// S&P 500: https://dqydj.com/sp-500-return-calculator// Links We Liked! Paul at Asset-Based Life reminds us all […]