Cryptocurrency – Fad or Future?

I have commented before that Mr. FireStation is a pretty boring investor.  My belief has always been that slow & steady wins the race. Our son, however, has delved into the mysterious world of cryptocurrency, which if you are not familiar with it, perhaps sounds like something only Superman would use.  Beginning in January, when…

Gold – An Investment in Fear?

“If the value of the dollar goes crazy, owning gold gives me peace of mind,” says a friend of mine that is a certified ‘gold bug’.  He believes that gold – as the ultimate basic currency – is a hedge against a sudden global geopolitical event that undermines the international system of currency. Gold is…

FIRE Station Fun- Market Milestone

Yesterday was an exciting day in stock market history as the Dow Jones Industrial Average set another new record, breaking the 20,000 mark for the first time.  It certainly has come a long way when you look at this chart that stretches back to the 1970s … I am old enough to remember when it…

Bucketing Assets For Early Retirement

I had a beer and some pretzels with an old friend & colleague on a snowy day last week and caught up on his life and plan for financial independence and retiring early (FIRE). He has a few years to go before his FIRE escape date, but had questions about asset allocation as he gets…