u/Calm_Dog546

1980s Japanese payphone with fully working audio and coins

1980s Japanese payphone with fully working audio and coins

This is an old 675P semi-public Japanese payphone from the 1980s. Often found in private businesses, especially tobacco shops.

Put together the best-condition pieces from a couple units, and hooked it up to this neat little device that lets it operate as a landline through your smartphone on Bluetooth. It even sends the pay signals to check for coins, so you can operate it as originally intended (10 yen for 1 minute, 100 yen for 10 minutes).

Now every call I get rings through the payphone. There‘s also a key switch to turn it to free calling mode, so it can just be used as a normal landline.

Happy to answer any questions. Many of this type of unit available to purchase on Japanese auction sites.

u/Calm_Dog546 — 13 days ago
▲ 30 r/fatFIRE

New brokerage account security attacks

Perhaps many of us have seen this: https://blog.inverteum.com/p/how-hackers-drained-1m-from-2fa-enabled-brokerage-account

Basically, an account can be drained without ever transferring money out (and thus no security alerts). The mechanism in this article concerns using options on obscure securities

The brokerage considers it not their problem, no hope of recovery. (Except maybe from public outcry.)

Anyone looked at this and have any security ideas? The article’s basic recommendation is using passkeys, tying your login to your machine. And of course all usual precautions (password manager, etc.)

Be safe out there!

u/Calm_Dog546 — 29 days ago
▲ 38 r/fatFIRE

How to think about bond allocation in fatFIRE

Late 40s. $12M net worth, ~$10M fatFIRE (net worth minus house). The $10M is pretty much all a three-fund portfolio. But bond allocation is very low. ~5-6% currently.

I figure I should get to at least 10% to have 2 years‘ expenses plus a little (annual expenses are ~$400K, kid in private school, VHCOL).

But should I actually be aiming for 20% or more in bonds? Traditional advice I think would say 70% stock allocation by 50yo.

I‘m heavily biased by the long bull run and bonds looking like a drag on my portfolio for basically as long as I’ve been investing. I’m not saying that’s correct, just the emotional bias I know I have here.

So, more bonds?

And, assuming so, best way to hold them between taxable and retirement accounts?

(I also keep a couple hundred K in cash, but nothing that affects the numbers much.)

Edit to add: We’re still working for, say, 6-ish more year until the kid goes to college. Salary covers living expenses plus a little, so not in spend down phase. I’m also ignoring (likely large) inheritances on both sides on a hopefully 20+ year timeline.

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u/Calm_Dog546 — 5 months ago