I’m flying out to Michigan this morning for a board meeting at ‘SmallCorp’. It’s a trip I’ve made many times over the last 9 years. ‘SmallCorp’ is an automotive industry supplier with thousands of employees and operations in 11 countries. They are only small in comparison to some of the giant MegaCorps I worked directly for over the course of my career. Related (2015) – … Continue reading Congratulations (& Farewell) SmallCorp!
The so-called, “Trump Tax Cuts” from 2017 are in the news as Democrats argue that they benefited only the richest Americans. This recent chart from the Tax Foundation shows that in the 4 years following the 2017 tax law change, the wealthiest households paid a greater share of Federal taxes. Their share went from below 40% to over 45% – about an 600bps increase. This … Continue reading Trump Tax Cuts
File this under “things I didn’t think I’d do in early retirement” … No one I know would ever mistake me for a gardener. I do a good job keeping the lawn cut, watered, and fertilized, but cultivating flowers or a vegetable garden is definitely not a hobby for me. That’s why this chapter of our early retirement is a bit of a surprise. Working … Continue reading Backyard Blossoms & Booze
It was only a couple days after the horrific assassination attempt on former President Trump, when the texts started coming. No tragedy, however dreadful, is missed by the political campaigns in their quest to raise money. It’s not the first text like this that I’ve gotten this year. I didn’t sign up for anything from Trump or Biden. I certainly wasn’t looking for Trump’s “love”. … Continue reading Political Campaign Exemption
If there was ever an industry that I thought would benefit from the internet, it’s real estate. These are data-heavy purchases that people want to really research before making a decision. Still, we’ve bought and sold a few different properties over the last few years and it’s difficult to get a good sense of how to price a property without talking to an agent. We … Continue reading Online Real Estate Estimates
I see a lot of headlines in the news lately touting how high the stock market has gone. It is true that the S&P 500 has reached a new Apex – up +19% YTD to almost 5,600. At the same time, few in the mainstream media are noting that the bond market has tumbled markedly in the last two years (down -16%). Compared with equities, … Continue reading A Tale of Two Markets
After 8 years in early retirement, I still have friends that ask me what I do all day. We just got back from a nice weekend up north and are heading into a typically (busy) summer week. I made a list of the main activities that are keeping us busy this week. Here are 10 activities between now and Friday … – M: Take Mom … Continue reading Peak Summer in Early Retirement
With my Dad’s, passing, I continue to reflect on significant memories with him that helped shape my life. One of those memories involves this old, wooden, Bancroft “youth model” tennis racket shown above (with my current racket) and a good lesson in finance. I was about 10 years old. We lived in Hillsdale MI – a small town in the southern part of the state. … Continue reading My Dad’s Lesson In Interest
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