Bubble Economy?

I recently listened to an interesting podcast with investor Peter Schiff of Euro-Pacific Capital. He’s the guy that earned the title ‘Dr. Doom’ when he correctly forecast the housing bubble that led to the Great Recession. He wrote a book about it two years before it happened. Schiff – a self-described libertarian capitalist – did a 3 hour interview with Joe Rogan recently. He raised … Continue reading Bubble Economy?

Taken To The Cleaners – Dealer Service

I love cars, but I hate car dealers. Unfortunately, it seems that over-engineered, unreliable electronics are making us more reliant on dealer service than ever. That makes cars more costly than ever. Related: Sports Cars: ‘Every Day This Man Takes A Vacation’ Our sports car recently suffered a blow to its stereo/navigation system. I stopped at the grocery store a couple miles from our house … Continue reading Taken To The Cleaners – Dealer Service

Keeping Up With Election Proposals – Taxing 401Ks

During the Democratic National Convention two weeks ago, news slipped out that Joe Biden was developing a new tax plan that would rollback benefits for 401K plans. He even had his Economic Advisor speak to it at a panel event at the convention. Like many ‘progressive’ initiatives, this one involves reducing or eliminating 401K tax benefits from higher income households and transferring that benefit to … Continue reading Keeping Up With Election Proposals – Taxing 401Ks

Cashing In Before The Election

After seeing the details of Biden’s big tax increase proposal and reading that there is a legitimate chance that Democrats will win the White House and both houses of Congress this November, I figured it would be a good time to accelerate some MegaCorp stock option sales that I could otherwise stretch out to July 2022. I made my big stock move of the decade … Continue reading Cashing In Before The Election

Anniversary Memories

This past Tuesday, my wife and I celebrated our 30th Anniversary with a getaway to Minnesota’s scenic North Shore on Lake Superior. Over dinner on the deck of a lakefront restaurant, we were sharing memories of our wedding rehearsal, ceremony, and reception. They are all distant memories now, but many stick with you from the time they happen. I recalled my Dad’s reaction to the … Continue reading Anniversary Memories

What Are You Wasting Money on?

We are blessed to be able to live a comfortable lifestyle in early retirement, by almost anyone’s standards. Our son thinks we are sometimes too frugal, but we’ve enjoyed many vacations, entertainment experiences, and everyday luxuries over the last 4 years. In general, our spending is still in line or even slightly below what we planned for our FIRE escape. Still, like most people, we … Continue reading What Are You Wasting Money on?