Once, two of my brothers skipped elementary school to “play hooky”. They left home, but instead of going to school, they went to the park. After they were playing on the playground equipment for a while, the younger brother said, “where are all the other kids?” “Other kids?” the older one replied. “Yeah – doesn’t it take a lot of kids to play the game … Continue reading Where Are All The Other Kids?
Someone recently asked online how much cash or other ‘safe/liquid’ investments did people carry into early retirement as a buffer against a market downturn. It’s an important decision to make heading into retirement and it was the final financial preparation we put into place ourselves. About 3 years before I left MegaCorp, we started accumulating a pile of cash equal to 3 years of spending. … Continue reading Benchmarking: Cash / CD Buffer
I think I just earned a free Apple iPhone 13 Pro. Sort of, anyway. It’s been 12 years since I got my first iPhone in 2008 and I’ve declined AppleCare coverage on every single phone upgrade I’ve had since then. That’s probably 5 different iPhone upgrades. AppleCare coverage is $10/month or a $200 flat fee. 156 months that have passed since I bought my first … Continue reading Free iPhone! (Sort Of)
Here, I’ll say it: I would be willing to pay more taxes. Surprised? Well, there’s a catch. I’ll be willing to pay more taxes if it was combined with reduced government SPENDING to help eliminate federal debt. That’s a small ‘catch’ for ordinary Americans balancing their own checkbooks, but a seemingly impossible catch for politicians. I’m honestly amazed at the amount of taxes the Democrats … Continue reading Tax Increases
I have always loved monthly magazines. Cars, homes, travel, or business – there is something about bright, colorful magazines that fits my ADHD mind. Others can read Dostoyevsky, but give me a Road & Track or Condé Nast Travel and I will be happy. Or, the Robb Report. Launched by Robert “Rusty” White 4 decades ago, the Robb Report sells “Luxury Without Compromise”. I discovered … Continue reading How The Other 0.01% Live
Our FIRE friend, PhysiciansOnFire.com, hosts a Facebook group called ‘FatFIRE’. It’s a place for folks living comfortably, financially independent & retired early (or aspiring to be) can discuss different personal finance topics. It’s a remarkable group with over 18K subscribers. A few days ago, someone posted an interesting question: “What % of your assets are in cryptocurrencies?” (Excluding real estate). I’ve had a long-running interest … Continue reading How Much Are People Betting On Cryptos?
I will be 68 years old in 2034. That’s the year that the latest Social Security budget forecast says it will start to run out of money and be unable to pay its full benefits. I will only have been receiving the benefits for 1 year at that point. Related: Social Security Running Out Sooner Than Expected It may not seem like an urgent matter, … Continue reading Social Security Waning
Our puppy chewed up the corner of one of our bath mats this week. He doesn’t do that too often anymore. We’re not sure why he suddenly gnawed it up. It wasn’t a big loss as it gave us a chance to look for a new one. We went to Macy’s at the mall yesterday because they seemed to have a big selection. It’s hard … Continue reading Pricing Too Good To Last
In investing, it is often better to be lucky than right. I was very lucky with some predictions that I made this exact week last year and doubly lucky that the market didn’t behave the way I thought it would! Simply put, I predicted that Biden would win the Presidency, that there was a good chance the Democrats would take Congress, and they would work … Continue reading Great Timing (Accidentally)
Not a lot of time to write today – we’re heading to California this week to see our son. I thought I would just relay this short story about our restaurant bill this weekend that borders on fraudulent – but is becoming more & more common. Our tab came to a little over $50 – with tax – on Saturday night and we noticed a … Continue reading A Good Meal Spoiled …