A Tale Of Two Homes

Some homes are well-cared for and maintained, while others are seemingly left to rot.  Depending on the owner, it is either the best of times or worst of times for the condition of the house.  My brother closed on a house last Friday that is a bona-fide fixer-upper.  It is a home that was left…

2017 Market Predictions – Autumn Review

At the beginning of the year – when we have our Financial Round-Up Day – I put down my assumptions for what I think the financial markets and economy will return for the year.  I try to be conservative in my expectations, but use it to set investing goals and create a spending plan for…

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…