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…

Where Did The Money Go? – Reader Challenge

It’s easy to look back on all of the money you’ve made over the years and wonder “Where did the money go?”  It’s a common thought – that we have squandered years of toil and trouble at work, and now have very little to show for it. But is that true?  Do we really have…