Bitcoin Amid CV19

With global governments printing trillions of dollars, Euros, Yuan, and Yen to keep economies from going illiquid, I thought now would be a good time to check on Bitcoin. Longtime readers will recall I took a ‘hobby stake’ in Bitcoin back in early 2017 to test my thesis that cryptocurrencies have a role as a more reliable ’store of value’ than government-managed currencies. I have … Continue reading Bitcoin Amid CV19

Our National Savings Dilemma

The Washington Post columnist, Ezra Klein, once quipped that our Federal Government should be described as an “insurance company with an army”.  If you look at government spending, it is dominated by social insurance programs (Social Security & Medicare) and military spending.  Combined, these two areas account for about 75% of Washington DC’s annual outlays. The billions of dollars of COVID-19 ‘stimulus checks’ that are … Continue reading Our National Savings Dilemma

Yes, We Have The Time, Will We Use It Productively?

“I wish I had the time” has become an ironic phrase for so many folks now stuck at home during the coronavirus crisis. Suddenly, there is time to get after all of the projects you never had time for … but will we? Perhaps Anna Kendrick has it right … We’ve gotten some projects done at home in the last month, but there is a … Continue reading Yes, We Have The Time, Will We Use It Productively?

Time To Put Off Retirement?

Many are calling the COVID-19 crisis the end of the FIRE movement (financially independent, retired early).  The narrative is that no one can now afford to retire early since the market fell apart last month.  Many expect that we’ll see a huge number of people retiring much later, but I don’t think that will be the case. First, the average age of retirement has not … Continue reading Time To Put Off Retirement?

Debt Has Spread Like A Virus

I started looking at the topic of America’s growing debt before the coronavirus pandemic spread. Across all age groups, debt has been accelerating rapidly for the last two decades, and I’m sure it has gotten much worse now. This chart, from a CNBC article, shows the magnitude of the debt problem, with perhaps the greatest growth happening among older Americans … As the chart shows, … Continue reading Debt Has Spread Like A Virus

TV Time?

They say that all of the cable & streaming channels are getting a big boost during the COVID-19 shutdown. Everyone is at home and looking for something to watch on TV other than the grim nightly news. I like watching TV and we have a few series that we are watching regularly now, including ’Outlander’, ‘Survivor’, and ‘LEGO Masters’. We even started watching the absurd … Continue reading TV Time?