I guess it is a good time to be a retiree living off investments. Wall Street is loving the CV19 rebound and loose money policies of government & central banks. The S&P 500 is now up an amazing 83% since last year’s CV19 low point on March 23rd, 2020. Globally, stocks are at an all time high. Still, forgive me if I’m more than a … Continue reading Negative Outlook Amid The Exuberance
Someone posted a curious question about real estate investments in an online forum this week. They wondered if anyone had ever reached a financially comfortable early retirement “without investing in real estate”? They held the hypothesis that real estate is one of the primary routes to FIRE (financial independence & retired early). I thought the question was a bit odd. While I always surmised that … Continue reading Added Real Estate Investment Risk?
No long post today! Just a remembrance that today – April Fool’s Day – is the fifth anniversary of my FIRE escape from MegaCorp. Five years – has that gone fast! Related: Last Day EVER At Work There will be no ‘service anniversary’ gift to pick out of the MegaCorp premium catalog today. I have a few clocks, a watch, and telescope from anniversaries past. … Continue reading Anniversary Gift is Time
Right on schedule – an amazing 32 years after starting at MegaCorp – pension and retiree health insurance information have arrived just before my 55th birthday. It’s like a golden piggy bank that was hidden away years ago has made a triumphant return. Related: Ringing Up MegaCorp I still have to dig into the health insurance information a bit, but the immediate surprise was that … Continue reading MegaCorp Pension Arrives
It’s been a busy week since returning from Florida. The “administrivia” of life doesn’t stop because you go on vacation for 6 weeks. For the first 3 days of the week, I ran around town, made a lot of stops, and completed numerous errands that had been waiting. I’m glad that I could do them all on a weekday when other folks are working … … Continue reading ‘Administrivia’ of Life
We got home for our 6+ week Winter Summerland trip yesterday and quickly unpacked from the flight. It’s amazing how you can be away for that long with just a few bags (although we brought home 1 more bag than we left with). Some friends were surprised that we flew to Florida instead of making the drive in our own vehicle. We were a bit … Continue reading Drive or Fly?
Americans have been cash-poor for decades leading into the pandemic last year. It seems that using credit – mortgages, student loans, car loans, and consumer credit – have just become an unfortunate part of American life. Related: Debt Has Spread Like Virus With the pandemic, people are spending less on discretionary things like travel and eating out and the government has sent out several rounds … Continue reading A Tale Of Two Charts
You can’t go from the Midwest to Florida in the winter – for any length of time – and not have people ask if you are getting ready to buy a place down here. We’ve been down here for 5 weeks now and that has brought us 35 days closer to coming up with a more permanent Snowbird plan. We’ve really clicked with the Florida … Continue reading Kicking Off ‘The Florida Project‘
My wife and I first came to Florida on our honeymoon. It was only the second time either of us had travelled on a plane. I booked the trip through the travel agent at our favorite department store for about $800. That included airfare on Northwest Airlines, a Pontiac Sunfire rental car, and 7 nights stay at the beautiful Westwood Winfield Inn near Orlando. All … Continue reading Vacation Spending Without Limits
It’s been a little more than 5 years since we started our Angel Investing Fund. The goal was to use the money that I made in the last year of my work career and do some good in the world. We called it our “One More Year Fund”. I made 6 Angel investments for our OMY Fund over the first 3.5 years. All of the … Continue reading Angel Investing – 2020 Update