Turkey Economics

I hope everyone enjoyed their Thanksgiving yesterday! We had turkey and watched some football at my brother & sister-in-law’s nearby house with our broader family. Wonderful day. When we were there, we got into the annual conversation about the Thanksgiving turkey, how much it weighed, and how much it cost this year. It got me thinking that most people do not probably realize what an … Continue reading Turkey Economics

Shiny Brite ‘Hunting Season’

I love the change of seasons from month-to-month in Minnesota.  Winter, spring, summer, or fall – there are always unique and interesting things to do that capture the spirit of the season.  Over the last few years of early retirement, November has become ‘hunting season’ for me – hunting through antique shops for vintage, Shiny Brite ornaments from the 1940s – 1950s. These vintage treasures … Continue reading Shiny Brite ‘Hunting Season’

Financial Markets Check-In

The S&P 500 is up a whopping +24.4% so far in 2019 and many investors are feeling giddy. Despite tariffs, politics, and slow growth in Asia & EU, the American economy continues to chug along. Hooray for growth! It’s not hard to forget that people were quite pessimistic coming into the year. Goldman Sachs had predicted markets to only be up “modestly” in 2019, with … Continue reading Financial Markets Check-In

Historical Millionaires, Billionaires, and Trillionaires

When we first reached ‘millionaire status’ I was pretty excited. As I wrote later, while our inflationary world doesn’t mean we live like Rockefellers, Vanderbilts, or other millionaires of old, it still put us in the top 0.56% of the world, in terms of wealth. Related:  FIRE Milestones – Reaching Millionaire Status I hope it’s not too crass to compare oneself to see where one … Continue reading Historical Millionaires, Billionaires, and Trillionaires

How Long Can FIRE Last?

If you are like me, you sometimes see articles in the personal finance press about people who are very young – in their 30s and 40s – who have quit their jobs and declared themselves FIRE’d (financially independent & retired early). Recently, ABC’s Good Morning America ran this piece on a couple who retired very young and the ‘secret strategies’ they want to share with … Continue reading How Long Can FIRE Last?