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Topics - Patrick

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93
Comments relating to the new blog post-“Whites can’t own land in Zimbabwe”. Excellent!

http://investorchallenge.co.za/whites-cant-own-land-in-zimbabwe-excellent/

94
Off topic / The server has been upgraded
« on: June 23, 2014, 08:57:53 am »
The migration took place over the weekend. Please let me know if you notice anything unusual on the new server. I'll be putting the chat back soon and see how that goes.

95
The Investor Challenge / Need some calculation help
« on: June 10, 2014, 03:07:52 pm »
So clearly there's a problem in the way I'm currently calculating the price per share. Here's a couple of examples:
http://www.shareforum.co.za/competition/com_holdings_public.php?user_id=1897&year=current
and
http://www.shareforum.co.za/competition/com_holdings_public.php?user_id=6&year=current

In this case both competitors had shares they'd previously bought and sold, but now the current price per share is wrong. How would I calculate the price per share using the information under the transaction history. My brain just isn't clicking in right now!

96
Off topic / MOVED: A guy I know calls his bike Deathbike
« on: May 14, 2014, 09:06:08 am »

98
Shares / Early retirement
« on: May 13, 2014, 02:20:02 pm »
I know all about the 4% rule, as a reminder, if you have 25 x your annual expenses invested, you should never need to work again. But when would you think about hanging up the suit and tie?

I'm asking because although I love my job, a lot, changes on the way would mean I may need to spend a few years in a difficult place, far from the people I love... Money can buy you a lot, but it can't buy you years in your child's life. In theory I have enough, just, thank goodness for living well below my means... I could also consider a sabbatical from normal work now, and pick up a more permanent post again when he's older. Or I could find something I truely would love to do now... All sorts of questions...

99
Comments relating to the new blog post "Those $%@#$^ fees are blatantly robbing you".

http://www.investorchallenge.co.za/those-fees-are-blatantly-robbing-you/

100
eBikes / Building a R15k 65km/h bike
« on: May 08, 2014, 11:38:28 am »
The goal

When I decided I wanted an electric bike, I had a few goals in mind.
-Top speed of 50km/h: easily exceeded, my top speed is 65km/h.
-Range of 30km: also exceeded, I comfortably do 50km. It seems really efficient, but I guess it's because I pedal, and mostly only do 30km/h so I can get some exercise. From 40km/h onwards I struggle to spin my legs fast enough.
-Weight: Light enough down 3 flights of stairs: I manage, barely. The bike weighs 38kg.
-Full suspension: It is.
-Battery in the triangle, I hate rear racks on a fully suspended bike.
-Must look cool: I think it does, but looks are relative.
-Must work as simply as my cellphone, ie. I want to plug one plug in to charge, and flip one switch to turn it on.
-Tough enough to go single track riding: I can, I don't do jumps even though it should be able to. Dirt roads are no problem though.
-Not too pricy... As the title says, I spent R15000, back in 2009. Some things would have become more expensive, others like batteries cheaper. I'll put updated prices in the thread as I go along.

So having reached my goals, and now with 7000km on the clock I think it's fair to say this is a tried and tested method, so I'll now tell you how to build one.

Here's what the finished product looked like before it was grey

After going grey:

And some video:

101
eBikes / New sub forum
« on: May 06, 2014, 12:49:31 pm »
I know it's not on topic, but I have hundreds of questions from all over the web on how I built my bikes. Anyone mind if I add this bunch to the forum?

102
Off topic / Want a Portuguese passport?
« on: April 19, 2014, 01:30:08 pm »
A little bit pricy for you Orca but an interesting idea...
http://www.property24.com/articles/buying-property-in-portugal/19699?SourceFeed=News24

103
eBikes / Just completed 10,000km on electric vehicles.
« on: April 17, 2014, 04:25:13 pm »
These were the modes of transport:

#1 with over 6000km is my first electric. It's a bicycle. Does 65km/h, 0-50km/h in about 3 seconds, has a range of 50km, weighs 38kg and is loads of fun offroad! Here's a video:


#2 with a tad under 4000km is my most recent electric. I call it a bicycle because I don't want to have to try and license it and it can be pedalled. In reality it's a motorcycle. It does 85km/h, gets to 60 in 3 seconds and can do 100km on a charge! The downside is that it weighs 50kg, so it's heavy to pedal. In reality I'm probably not saving much electricity by pedalling, but at least I still get a workout. Here's a rather long video:


#3 is my souped up bladez electric scooter with about 100km on the clock. It's designed to run on 24v 450w of power, but I chucked some lithium in and boosted the volts to 38.4, and power to 3500w. This is the most dangerous vehicle I've ever been on. 40km/h comes up stupidly fast if you can hang on, and on 10 inch wheels is ludicrous. Also a crash on one of these sends you head first to the ground. I won't let people ride this without putting my crash helmet on first.

And that's it. Using electricity for power is even cheaper than pedalling if you consider the cost of food. The smaller bike runs on 1c/km in electricity, the big bike and scooter use double that! I've figured that I save about R2.50 using these toys instead of my already cheap econobox car, and I get some exercise, no traffic, help the environment and have waaaay more fun than I would in a car. In total I did spend R50k on all 3, the big bike was a luxury, not an economy choice. Without it the others would have long paid for themselves, but in the next 8000 km all three would have paid for themselves! The only thing I wonder is why more people don't build their own...

Oh and to keep  it somewhat financial, I'll do the next 8000km in just over two years, so considering when I built the first bike, these run on a p/e of 8, great investment!

104
Off topic / Lies, damned lies and statistics
« on: April 17, 2014, 11:09:17 am »
In general I'd agree with Mark Twain, but he was before the web where all the stats are automatically calculated! Thought it might be a good time to run through some of them...

Quote
Total Members: 699
Total Posts: 5755
Total Topics: 293
Most Online: 97 - November 15, 2013, 08:53:13 AM
Wonder what was significant about the morning of November the 15th???

Quote
Average registrations per day:4.93
Average posts per day:12.17
That last number is too low! We're not a very vocal bunch

Top 10 posters
Quote
jaDEB 986
Orca 860
Moneypenny 723
Patrick 601
Moonraker 430
qriffin 221
gcr 200
tgg78703 188
Aragorn 161
Bundu 113
If only there were more people who would speak up!

Top ten topics by views
Quote
Today's Outlook 21965
investor challenge 19312
CML 16239
Tax 10132
LDT - Dividend amounts and Last Day to Trade 10080
Pulverized Sand Box 8252
SAtrixindi 7124
Live chat 7109
Gold & Gold Shares 6921
Oceana Group Ltd 6822
Interesting, people do read a lot! Even posts where I wouldn't expect much interest get huge views!

Here's an interesting one, most time online:
Quote
jaDEB 11d 16h 26m
Orca 8d 16h 10m
Delusionsofgrandeur 7d 7h 22m

Anyway, that's some of the stats, what's needed now are some more enthusiastic members. If you have any ideas I'm happy to add new features. We've got the challenge, and the live chat. Both were member suggestions and great ideas. What else is lurking in those wise minds...?

105
I used to pull the prices from here: http://www.jse.co.za/Home/EquityPrices.aspx

Since they redesigned the site however I can't find that page or it's equivalent anymore. Anyone have a clue where it's gone?

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