Introvert or Extrovert?

More than a year ago, I wrote this article contemplating whether or not I was more of an introvert or extrovert.  Some people think that being an extrovert helps you in the business world and being an introvert helps you in retirement.  The difference comes down to your need to be with other people to…

FIRE Station Fun – Patient Profits

The stock market is off to a nice clip so far this year with the S&P 500 and International EFEA up more than 5% in less than two months.  Things are moving so fast that I am already losing my bet on where the market will be on the Fourth of July this year, as…

Roman Holiday In Early Retirement

One of my team members told me today that they are now on their “final lap”.  We were talking about great cities to visit – my favorite is Rome – and they shared their plans to start traveling more in early retirement.  Next year! This person plans on retiring on 5/1/16 after 35 enjoyable years…

Over 75 Years, Consumer Spending Starts At Home

Recently a good ‘friend-in-law’ posted this interesting chart on where Americans spend their money.  The chart is not just for this year, but for the past 75 years (all numbers adjusted for inflation) using a single data source.  Take a look at how amazing this chart (from howmuch.net – a cost information web site.  It really…

FIRE Station Fun – Passing Time

I have had a couple of friends in the last week try to explain to me how ‘exciting’ their jobs are and how they ‘wouldn’t ever think of retiring’.  Their explanations often come with an amazing picture of some far-flung location that they traveled to. Beyond the travel, they work hard to explain how the…

US Government’s Wasteful Spending Problem

I find that regardless of your political leanings, people continually frustrated by wasted government spending and what it means for the national debt.  The debt, which was a trillion dollars in Reagan’s time, is now about $20T (it has risen at a shocking 8.4% annual clip). Despite today’s quote, Reagan himself substantially overspent during his…

FIRE Station Fun – Love Of Money

Many people are familiar with the 2010 Princeton study that reported that there is a diminishing return to the impact of money on one’s happiness that tops out at about $75K a year.  People were surprised that the threshold was very in line with the average household income in the USA at $73K.  It is…