Bubble Economy?

I recently listened to an interesting podcast with investor Peter Schiff of Euro-Pacific Capital. He’s the guy that earned the title ‘Dr. Doom’ when he correctly forecast the housing bubble that led to the Great Recession. He wrote a book about it two years before it happened. Schiff – a self-described libertarian capitalist – did a 3 hour interview with Joe Rogan recently. He raised … Continue reading Bubble Economy?

Taken To The Cleaners – Dealer Service

I love cars, but I hate car dealers. Unfortunately, it seems that over-engineered, unreliable electronics are making us more reliant on dealer service than ever. That makes cars more costly than ever. Related: Sports Cars: ‘Every Day This Man Takes A Vacation’ Our sports car recently suffered a blow to its stereo/navigation system. I stopped at the grocery store a couple miles from our house … Continue reading Taken To The Cleaners – Dealer Service

40 Luxuries From The 1970s

It seems life gets more luxurious the older you get. An online question on the ‘fatFIRE’ Facebook Page, prompted a lot of discussion of things that were viewed as luxuries when we were growing up in the 1970s/early-1980s.  These were the things that made you say ‘cool!’ if you saw them at someone’s house when you were a kid. I certainly thought a car with … Continue reading 40 Luxuries From The 1970s

Keeping Up With Election Proposals – Taxing 401Ks

During the Democratic National Convention two weeks ago, news slipped out that Joe Biden was developing a new tax plan that would rollback benefits for 401K plans. He even had his Economic Advisor speak to it at a panel event at the convention. Like many ‘progressive’ initiatives, this one involves reducing or eliminating 401K tax benefits from higher income households and transferring that benefit to … Continue reading Keeping Up With Election Proposals – Taxing 401Ks

Big Breakfast

I made a big stack of buckwheat pancakes for myself yesterday, topped it with real maple syrup & berries, and added a glass of orange juice.  It’s a repeat of the breakfast that I had the morning I walked away from working and into the wonderful world of FIRE (financial independence & retired early). Related: FIRE Milestone – Final Day: Blasting Into Retirement It only took … Continue reading Big Breakfast

Cashing In Before The Election

After seeing the details of Biden’s big tax increase proposal and reading that there is a legitimate chance that Democrats will win the White House and both houses of Congress this November, I figured it would be a good time to accelerate some MegaCorp stock option sales that I could otherwise stretch out to July 2022. I made my big stock move of the decade … Continue reading Cashing In Before The Election