Technocapitalism, Human Evil, and Sedation Through Technologically Induced Dopamine Spikes

I am a misanthrope because I hate people. It is not one particular factor that makes me disgusted with humanity but various factors. At work yesterday a colleague spoke to me about how he loves to go to the gym to build muscle so he can attract women. He is so superficial and status conscious that it disgusts me, and he is not the only one who behaves like this. This is normal behavior. If you are not working to make yourself appealing in the eyes of others, you are abnormal. You are not trying hard enough to get a promotion, get a wife, and have a family. Society and its cultural norms promotes conformity, superficiality, and a culture of appeasement and slavery.

Something I have been trying to do more of recently is to be more anti-social. I have a habit of catching up with people. I have lunch or dinner with various colleagues and friends, but often these catch ups are nothing more than bragging sessions for others to go on and on about how great they are. Many complain about narcissism on Facebook, but social media merely accentuates what happens in real life, and at least most social media apps such as Facebook allow you to effortlessly block or unfollow someone whereas blocking or unfollowing someone in real life is far more awkward. Nevertheless, I have tried to reject many offers to catch up with people. Sometimes I will just tell people directly that I don’t like something e.g. someone invited me over to a wedding, but I told her that I don’t like weddings. Sometimes I will just make up some excuse not go.

I hate being around people, but I cannot simply walk away from humanity because I need a job in order to build dividend income so that I can shield myself from humanity, so it is a gradual process. I need to learn how to be more assertive so I can be more anti-social so that I can isolate myself more, but at the same time I need to work in order to earn money, and I need to learn how to cope with being constantly exposed to the corruption of humanity yet not being affected by it by being fake and by numbing or sedating myself with technology.

I commute via train, and something that first shocked me about commuters was how fixated they were to their smartphones, but I realized that they are probably like me. Being around people takes its toll. You need to be fake, conform, and be a witness to the superficiality and vulgarity of humanity. When you walk away from work, you have a choice: dwell on it and hurt yourself more, or crowd out these thoughts by consuming something else from your smartphone.

Human history is marked by war and conflict. There is innate in humans greed and ego, and these emotions lead to conflict, violence, and oppression, which result in suffering and pain.

When you’ve spent your life trying to appease others and then when you stop because you realize that the opinions of others do not matter, then you feel an emptiness. You felt that life was all about impressing others, e.g. impress your manager to get a promotion or impress a girl to get married. But when you realize this is all a sham designed to enslave you, there is no point in your life anymore, and you must build for yourself a new reason for living. For me it is about escaping, being free, and being autonomous.

I need to learn how to clear my mind. I have heard that meditation is healthy because it allows you to focus and clear out distractions. I am mostly distracted either because I dwell on the evil of humanity or I am engrossed in stimuli that I have consumed in order to distract myself from the evil of humanity. I need to eliminate my exposure to humanity and then if thoughts of humanity emerge in my mind, I need to expel so I can focus on more important things rather than try to displace it with stimuli. The problem is that the evil of humanity is a potent stimulus, so to overcome it you need a stimulus more potent, e.g. pornography, and this is why I believe pornography is so popular. However, if you consume potent stimulus like pornography, you can become addicted to it. It distracts you from the evil of humanity yet it also distracts you from important tasks you need to do.

 

Hating Humanity and the Dream of Being an Urban Hermit #Podcast

Humanity is fundamentally and inherently evil, and being happy about humanity depends on delusion and ignorance. The only way to sustain lasting happiness is to turn a blind eye towards human atrocity. If you know the truth, you cannot unknow the truth. You are destined to being exposed to reality, which can disappoint you and lead to permanent depression. The solution is to shield yourself from humanity and live off dividends. Gradually transition away from forced interactions with people e.g. through work and family and move towards a more flexible lifestyle that allows you to move in and out of relationships and friendships with ease. There is nothing wrong with moving closer to feel warmth, but you must have the freedom to step back lest you burn yourself trying to achieve warmth.

Exit, Voice, and Loyalty: The Elements of a Good Relationship

The quality of your relationships with others (e.g. business, family, or intimate relationships) depends on:

(1) your ability to exit the relationship (dependence is slavery),
(2) your ability to voice your preferences in the relationship (assertiveness), and
(3) your ability to be loyal should the relationship be mutually beneficial.

Whether You Are a Slave or Not Depends on the Direction of Your Future Cash Flow

 

I couldn’t help think today about how great it is to work. I love working now, but that was not always the case. Only a few months ago I was dreading work. I hated it. I am happy now because I was able to transfer to a different area, and I did this simply by asking someone.

I now work because I want to work. I don’t have to work because I earn dividend income that covers my living expenses. I earn around $25k to $30k per year and I spend around $15 to $20k per year. But I like to work not only because I like my job at the moment but also because I like to grow my dividend income. This means I can improve my standard of living. When I am getting a coffee with my work colleagues, I notice that many of them buy the cheapest option, which is a small coffee with dairy milk whereas I always buy the biggest latte with soy milk or almond milk. Personal finance guru David Bach is anti-coffee (see latte factor) but I am a big believer in small expenses spread over time that make you happy. Getting a coffee is more than a coffee. Some people only care about the caffeine and are willing to stay at their desks and take caffeine pills. For me, getting a coffee allows me to get out of the office, get fresh air and sunlight, get some exercise by walking, and I can chat to my coworkers and even the barista girl who is serving or making my coffee. Then I can slowly sip the warm and smooth coffee when I’m back, which calms me. At any time, I can stop buying coffee. It’s not like a huge debt or a long-term contract. I’m free to walk away. 

For me, small expenses such as a coffee are not a problem. The main problem comes from large expenses, especially those that we put off to the future (i.e. debt). I will explain this in further detail later in this post.

Back to my job…I think I love my work right now because I don’t need to work. I’m happy to put in extra work after hours and over the weekend. I am not a manager or an executive or anything. I am still quite junior. If suddenly things go wrong and I end up with a bad manager, I am confident I can transfer to another area. If things really go bad and I cannot transfer for whatever reason, I can just quit and do something else. I plan to just pack up and go to Chiang Mai and become a freelance web developer. Even if I am not successful, it doesn’t matter because I live off dividends, but it would be nice to work on my own terms.

Recently UberEATS has opened up in my area. I thought about signing up for it and working on the weekend, but I have decided against that because I actually want to use the weekend to focus on learning how to code so that I can be a remote coder or a digital nomad. Today at the library I spent about an hour on Codecademy. I wish I spend my university days studying computer science or software engineering, but my major was in economics, which wasn’t that bad, but if I had to choose again I wouldn’t major in economics. Instead I’d study a tech degree instead. Luckily, many tech workers learn a lot of what they learn online, and they are self-taught, so that gives me hope that I can change careers.

Freedom is the purpose of my life. Freedom gives me happiness. Freedom gives me the option to experiment with and pursue what makes me happy rather than hope that whatever circumstance I am in makes me happy. It was Robert Kiyosaki who introduced me to the importance of cash flow, and I think freedom and slavery can be thought of in terms of cash flow. As much as possible, you want to increase passive income and decrease future obligations. Future obligations are expectations (including the risk) that in the future money will flow away from you. If you take on debt (e.g. a car loan and even a home loan) then in the future some debt collector will take money from you, which forces you to work. Anything that forces you to do something means that you have fewer choices, and so your freedom goes down and your level of slavery increases. Most people think this only applies to monetary debt, which is obvious because it is written down and it’s clear, but even e.g. having children creates future obligations that tie you down. The more you avoid debt, obligation, and commitment, then you increase freedom and reduce slavery. The words “commitment” and “responsibility” or even “duty” are just euphemisms for debt and slavery. If you tell a slave that he must clean a toilet because he is a slave, he will likely try to revolt or may reluctantly clean the toilet and will probably do a bad job at it because his heart is not in it. However, if you reframe and tell the slave that he must clean the toilet because it is his duty or responsibility, he will likely clean the toilet with pride and enthusiasm. So it is that many men proudly work 60+ hours per week at a job they hate just to fund the mortgage on the mansion, the children’s private school fees, the loan for the luxury car, and maybe even a stay-at-home wife as well. If they shirk these obligations, they are told that they are not “responsible” or that they are not fulfilling their “duty” and that they need to “man up” and get back to wage slavery.

In all these situations (car loan, home loan, credit card debt, children, school fees, etc), there is an expectation that money will flow away from you in the future.

Alternatively, if you create passive income from dividend income or even e-book royalties, Adsense revenue, Amazon affiliate revenue, etc, then there is an expectation that money will flow towards you in the future. You then have a choice of what to do with this money. This gives you freedom. It gives you more options rather than reducing your options. It results in less slavery and more freedom.

As much as possible, make money flow towards you in the future rather than away from you. In practice, this means getting rid of all debt, commitment, obligations while simultaneously increasing passive income, mainly from savings, investments, and building businesses.

Why I Still Live With My Mother

It happens a lot. I am talking to people and tell me to move out of the family home. Sometimes it’s more subtle. They’d ask questions like, “Are you still living with your mother?” and the question is more a put-down rather than an actual question. I don’t know why it bothers me. On one hand I think maybe I care about other people’s opinions too much, and I shouldn’t care about what other people think.

Most people who don’t know me too well assume that I live with my mother because I am poor and therefore I cannot afford a house. They would say something like, “Houses are so expensive nowadays!” But I earn a six-figure income, and I could easily afford to buy a house. I wouldn’t even need to borrow money from the bank to afford a house. But I choose not to. If I move out and rent a place on my own, I waste money on rent. If I move out and live in a house I buy, I waste money paying interest on the mortgage (see Don’t Aspire to Buy and Live in Your Own Home). If you want to invest in property, you can still invest in property and live with your parents. Furthermore, if you take this route, you’re able to rent out your property and earn rental income, which you would not get if you lived in your home. Regardless of whether your rent or buy, you lose money. Either you pay and waste rent or you forego rent by living in a house that you would have been able to rent out. In the latter situation, this is known in economics as opportunity cost.

In my opinion, there is an even better strategy than buying an investment property and living with your parents so you can rent out your property to tenants. That strategy is to simply invest in real-estate investment trusts (REITs), which you can buy off the stock exchange via a discount online broker. If you live in Australia, all you need to do is sign up to an online broker such as CommSec and then buy REIT ETFs. All this can be done online in the comfort of your own home. REITs invest mostly in commercial real estate such as shopping malls, offices, and industrial real estate.

There is definitely a social stigma that comes with not owning property and living with your mother, but it is one that I accept. Most people are conformists. They follow what society sets out for them. I am trying hard to combat stereotypes. I try hard to urge people to think for themselves, to explain in detail how not paying rent or mortgage interest can help them, but it’s very difficult. Often you need to stop trying to change people and just be the change you want to see, to live the life you want to live and show people that, by living with your parents, you actually increase your independence by reducing your debt, increasing your net worth, and therefore increase your freedom. Most people just go along with society, buy a house, go on many expensive holidays, buy a car on finance, and then find themselves so deep in debt that they must work forever to pay it off.

The only difference between a developed democratic society and a third-world dictatorship is that the tools of slavery in a developed economy are more efficient. There is still oppression. There is still slavery. But debt and obligation is used rather than whips and chains.

Sean Lee Makes $30k per Month Passive Income

Sean Lee from MinimalPro.com makes a six-figure passive income from a fully automated online business (HDpiano.com). His YouTube videos teach viewers how to live as a digital nomad.

I currently have zero income from businesses. All my passive income comes from investments, the bulk of which are from dividends and distributions from stocks, ETFs, and managed funds. However, once my dividend income reaches about $30k or $40k, I plan to quit my job (or significantly reduce my hours) to focus on earning income online.

I currently generate about $15k per year in dividend income, which I consider to be enough to live in, say, Chiang Mai. Although there is great freedom to be able to escape to Chiang Mai and live off my investments, I wouldn’t rely on $15k per year because it is a very mediocre standard of living. It is enough to survive, but little else.

It makes sense for me to reach for something higher, say, $30k to $40k per year in passive income, which is my goal now, and after this I will focus on income from online businesses.

How to Live Off Dividends

It’s the Christmas season now. My family does not really celebrate Christmas. I remember being really disappointed not receiving any presents when I was a child because my parents were always busy and didn’t really think about Christmas. Over time, I began to accept this as normal, and now that I am an adult, it doesn’t bother me at all. There is definitely something wasteful about Christmas. People suddenly splurge on toys, clothes, and gadgets. They eat large amounts of food. Then when January comes around, they are back at work slaving away. Chances are their bellies are bigger, and when they get their credit card bill, they realize their debt is bigger as well.

For me, Christmas in 2015 has been a spartan and minimalist Christmas. I remember my previous Christmases. I would buy all sorts of presents for family and friends, and I’d usually have a credit card debt in the thousands, but nowadays I usually use a debit card to make purchases. I do have credit cards, but I pretty much only use them for emergencies or online or foreign purchases. Even when I use my credit card, I pay it off maybe within a few days.

During past Christmases, I would always dread going back to work the next year. When everyone winds down at work, it’s a nice feeling. Office Christmas parties, Christmas decorations, and so forth set a nice and relaxed atmosphere, and I look forward to having time off to relax.

However, during the holiday period, and especially during the new year, you think about the year that has ended and naturally you think about your life. You think about your career and whether you’ve done the best you can. It can be stressful.

This year is different for me mainly because my dividend investing has gotten to a point now where I can live off dividends. When I started working, I was saving about 85% of my take-home pay and living off just 15% of it. I invested in shares, managed funds, or ETFs that pay high income. As time goes by, the amount your investments pay you will rise, and when they reach a point where they are equal to your expenses, you are a free man because you are no longer dependent on your job. If you quit, you can live off your investments.

“Although freedom does not guarantee happiness, it is the best assurance we have for obtaining happiness.”

~ Andrew Perlot

Every man should strive for freedom, and the easiest and simplest way I know of obtaining freedom is to build passive income.

I am going to lay down below the steps I took to live off passive income. Most people should be able to do what I have done.

Save 85% and create two separate bank accounts

As I have said earlier, living off dividends starts with saving up about 85% of your income. I recommend setting up two bank accounts. Talk to HR and ask them to send 85% of your income to one bank account. The other 15% will go to a separate bank account.

Having two bank accounts is an excellent system to separate your “spending money” from your “investing money.” Spend only from your spending account. Use your investing account for investing.

Live with others to keep costs down

Living with others can be tough, but it is the easiest way to save significant amounts of money to allow you to hit your 85% savings rate. Accommodation is the biggest expense most people face, so it makes sense to hit it hard. Most people focus on trying to save money on small things like coffee (see David Bach’s latte factor) or discount vouchers for t-shirts!

In my opinion, don’t bother with the little things. If you want to have a soy latte, drink it! So long as you are spending 15% of your income, you’re fine.

Living with parents is the best policy, in my opinion, especially if you get along with them. If this is not possible, then renting with others is also another option. You can even buy a house and then rent out spare rooms to bring in rental income. All these three options should cost approximately the same (although living with parents could be free depending on how generous they are).

Related reading: How to Live with Annoying People

Save money via abstinence, not discounts

When trying to save money, most people make the mistake of trying to look for discounts. For example, when buying jeans, they look for jeans that have 50% off, or when they travel to Thailand they look for airfares that are 30% off.

An even better strategy is to just not buy the jeans in the first place and not travel. Discounts often lure people into spending more than they otherwise would. Often discounts are fake, that is, an apple may be $10 but be 50% off, and so the discounted price is $5, but in reality that apple only cost about $0.50 and the retailer made a $4.50 profit. In other words, forget about the percentage discount and think about the actual price.

Basically the only necessities in life are accommodation, clothes, transport, internet, and food.

Do not conform. Rebel against society

If you’re living with your parents, driving an old car (or taking public transport), watching YouTube rather than cable TV, then many people will think you’re weird. They will put you down and try to persuade you to conform. Try to resist. Don’t conform to society. Do what you want to do. Also remember that this is not permanent. As your savings go up, your dividends will go up, and your standard of living will go up, but this will take time.

If you must, borrow from yourself

Spending only 15% of your income might be difficult, and you may run out of money when you need to spend on something you need.

If this is the case, one option is to borrow from your own savings. This is where setting up two bank accounts is a great idea. You transfer money from your investment bank account into your spending bank account. You then keep track of how much money your spending account owes to your investment account. The aim is to pay yourself back as quickly as possible.

Invest for income

Invest in a variety of assets that pay high income, e.g. ETFs, shares, and managed funds. If you’re unsure where to go, sign up for an online broker and buy shares in banks. Banks typically pay high dividends. As of December 2015, shares in Australia’s ANZ bank provide a dividend yield of 9%. I recommend using Bloomberg to find the indicated dividend yield of an investment.

IMG_20151228_191209

Diversify your investments and always direct dividend payments to your “spending account.” This means that over time, the amount you have to spend increases, which should motivate you to keep saving up.

Invest 100% of your income

Once your passive income from dividends (or other sources) is high enough, talk to HR at work and direct 100% of your salary to your “investing account” so that you are living off passive income. This may be difficult to do, but just remember there is no rush. Once the 15% you get from your salary seems like a small amount compared to your passive income, this is a good time to cut it off completely so that you can actually live off dividends.