Last year, we went on a Viking River Cruise of the Danube. We really enjoyed it. I wrote about buying into the “drinks package” on the first day of the cruise – and how I was up late on the final night “getting my money’s worth”. My wife didn’t drink enough to cover her investment in the drinks package, so overall they MADE money on … Continue reading Cheers to Junk Mail
As Batman learned in the Dark Knight, “You either die the Hero, or you live long enough to become the Villain.” I think that famous movie line now has some relevance to those of us who played by the rules, worked smart, saved prodigiously, and invested effectively. At first, one’s journey to FIRE (Financial Independence & Retired Early) is hailed by society as successful & … Continue reading Hero or Villain?
Every year I play the game with my Sirius / XM Radio service. I have it in my SUV and use the app on my phone. I’m not a huge user, but I do like having it. The ongoing problem – as with many subscription services – is that they jack up the price every year if you don’t renegotiate. Over the last year, I’ve … Continue reading AI-Driven Savings
How long did you plan on living when you put together your retirement plan? We put in age 90. That seemed like a good input at the time, even though most people don’t make it that far. Research shows that about 25% of American men and 33% of women aged 65 live to 90 years old, but a majority fall short. Of course, as they … Continue reading Stretching Into Overtime
It’s been about three years since we started playing the “Savings Rate Game” (LINK) with Bank CDs and Treasury Bonds. That is, having to manage the savings rate of our cash holdings closely. The 3-Year Treasury rate is now at about 3.5%, down -0.6 pts from one year ago today. When Biden took office in 2021, the 3-Year Treasury was just 0.3%. We didn’t even … Continue reading Savings Rate Game Revisited
If you ask most Americans what their biggest annual expense is, most will say housing or maybe transportation. In fact, for most people taxes are far in a way the biggest expense that they have. That means that the taxes from the state you live in (we all see free equally under the Federal rules) are a pretty big factor in planning the financials for … Continue reading State Tax Competitiveness
Valentine’s Day is this weekend, which is my unofficial start of spring in Florida. While we had a record cold start to the month, Valentine’s is usually the date that the weather turns very nice here and the flowers go into full bloom. With the arrival of ideal weather, we have a lot of overnight visitors queued up over the next two months. It is … Continue reading Florida Busy Season ♥️
If you spend any amount of time in Florida, one thing jumps out almost immediately: lawyer ads everywhere. On TV. On billboards. On the sides of buses. “Been in a car accident? Call now.” It’s hard to drive five minutes without being reminded that someone is ready to sue on your behalf. That observation stuck with me when I started comparing car insurance premiums between … Continue reading Florida Car Insurance
I recently joined an online forum of relatively wealthy investors who discuss portfolios, spending, and travel. One question that someone put a poll up around was “what is your current daily driver”? About 320 people answered – a decent sample size. I answered BMW, since I drive our BMWs more than my Jeep or my wife’s Audi. I wasn’t surprised to see that brand high … Continue reading What Do Wealthy Investors Drive
Our neighborhood investment club decided to have a friendly competition on “best investment” for the next 12 months. We were each assigned to come up with a publicly available investment and track the returns starting 2/2/26 thru 2/1/27. Whoever delivers the best return (including dividends, Klaus) has neighborhood bragging rights. I am typically a conservative, index fund investor, so this is a pretty different challenge … Continue reading Silver & Gold
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