I just got back from a quick trip to Kansas City last week. I took my Jeep down there to see some sights, including a Disney 100 Exhibition that was going to end on Labor Day weekend. While I was in the area, I even drove up to Walt Disney’s hometown of Marceline, Missouri – the inspiration for Disneyland’s ‘Main Street USA’. It was a … Continue reading Planning Big Years
Before my Dad passed away in June, he and my Mom were diligent in getting “their affairs in order”. Now it’s our turn. My wife and I made a real estate purchase on Monday for our “forever home”. We bought a couple plots in the church cemetery next to my parents and my brother and his wife. When my wife’s Mom passed away unexpectedly a … Continue reading Planning Ahead …
I’ve been saying for about a year that the economy seems to be “wobbly”. It hasn’t been clear if the economy is going to improve (see: Bidenomics), or tip toward recession (see: Bidenflation). Increasingly, it seems like we are tipping the wrong way. This morning, the Dow Jones crashed 1,000+ points – compounding on losses last week. I will note that the Dow remains UP … Continue reading Wobbling The Wrong Way
I took my final business trip earlier this week. On Wednesday night I flew back from my last corporate board meeting, capping decades of business travel. Appropriately, my flight home was delayed 4x and I didn’t walk in the door of my house until 12:01am. I’m a bit of a ‘list person’ and have kept track of all my travel – business & pleasure – … Continue reading Final Business Trip
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
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