Author: James

A Stellaris Strategy
Influence is required to claim systems, either through building outposts or through conquest. It’s an interesting mechanic as it acts as a sort of absolute limit for empire growth, as it is a fairly passive resource which cannot be improved substantially. Because of this, I felt that the nature of influence would give insight into…

Turning Chance Into Certainty
Imagine a toin coss. We know that there is a 50% chance of getting heads. But what about if we toss the coin twice? What is the probability we can get heads then? Let’s first phrase the question differently: what is the probability of not getting tails at every toss? This yields us the equation…

Until Infinite
Nonmarket socialism will never exist until economic theory is redundant altogether. In a finite world, there will always be a need for trade, and therefore, a need for a medium. Unless individuality is banned altogether, even in a socialist utopia of free goods for all, our own individuality will conjure needs and wants which a…

How much sooner can the average Australian retire through investment?
To answer this question, we can use our previously created ‘years to retirement’ function, which calculates how many years it would take to build an investment, such that the interest alone would cover our yearly living cost.[source] The function requires 4 variables: retirement living costs, monthly investment amount, investment performance, and initial investment amount. We…

Retirement
To begin investing, we first need to understand what we are working towards. We know that the ultimate endgoal is an early retirement. But what does retirement mean? And when does it occur? The most common consensus is that at 65, you would have saved enough money which will last until you die. Quite literally,…

Investing
The goal of investing is to reach an early retirement. A typical retirement takes 40 years to achieve. Investing can allow the average person to retire more than an entire decade earlier, potentially multiple decades depending on individual circumstance.[source] Think of an investment as an amount of money which generates its own wealth. The more…

Ikea Desk
My friend asked me about whether I had an obsession with something. You know the kind where someone just knows an unreasonable amount of knowledge about some topic. I thought about it for a bit, hoping that I too was special and knew many things about some topic. And then came the realisation: I actually…