The world is watching the protests in Hong Kong, and BitCoin seems to be playing a role. Protesters are trying to exert pressure on the Chinese economy by swapping out their Yuan for other currencies. BitCoin is seeing a boost … up from $8K a coin in early-June when the Hong Kong protests started to $10.3K as of yesterday. That’s a pretty solid run for … Continue reading Hong Kong and Bitcoin
You’d have to work to be bored in early retirement – there are always interesting things to do. This summer we’ve gone on some great trips (Los Angeles & Michigan), attended a big outdoor music festival, served as event chairs for our Zoo’s summer fundraising bash, and spun our sports car through a couple of great driving events. In between the ‘big events’ it’s been … Continue reading Batter Up!
We came home from a trip last week Wednesday, our third of the year, and the next morning I did a consulting call from this unique bench in a park near a shopping center where I had stopped. It’s a picturesque perch on a man-made lake with beautiful flowers and walking paths. This shady spot is so different than any ‘office’ I had ever worked in. … Continue reading Professional Consulting Networks
It’s shocking to me how inane many personal finance articles are. I understand that handling one’s finances can be a complex topic, but so many articles are just simplistic click-bait. This recent article from The Motley Fool is a perfect example. The headline teases ‘Three Secrets To Retire Rich”. That sounds like a pretty compelling article, but when you click on it you find it … Continue reading Mindless Money Advice
I’m always interested in seeing how Millennials are doing since my son is that age and their money habits will play a big role in determining the health of the economy over the coming decades. Most of the financial press likes to focus on them as a group with poor money habits or as victims of the student loan crisis, but I’ve never found either … Continue reading Millennials: How Are They Doing?
The Federal Reserve cut their interest rate target yesterday by a quarter point, and the stock market fell about 1%. The cut was expected over the last couple weeks, and the market seemed excited about it, but now that it has happened, it feels like no one is satisfied. Such is the ambiguity that comes with watching what the market does on a daily basis. … Continue reading Fed Rate Cut Ambiguity
Add the name of NFL running back Adrian Peterson to the list of celebrities that can’t seem to figure out how to manage his prodigious wealth. Despite earning over $100 million dollars in his career, Peterson is apparently so broke that he cannot pay back millions in dollars of loans he took. In news reports they wrote it up as another case of an athlete who … Continue reading A Tale Of Two Running Backs