“If you can’t beat them, buy their stock” is the first thing I thought of after reading Josh Brown’s new book, You Weren’t Supposed To See That. I liked the book, it’s witty, funny, informative, and insightful. From what I can tell, it’s an amalgamation of blog posts and events written over the years and…
Author: Rich Slick
Evaluating Municipal Bonds
I’ve been writing about municipal bonds lately largely because I love the tax free interest these bonds generate and it helps with taxes so I’m writing about munis yet again. This time I am going to write about my decision making process for which bonds to buy. Lately, I am getting a flood of municipal…
Zepbound: My Health Journey – August Edition
This is going to be a short post. I was on vacation for most of August and while I continued to take my medication I didn’t lose any weight. That’s partly good news because we were eating out every single day for most of the month and I had little control over food options. The…
Financial Regrets: Retirement Travelers Thoughts
I enjoy learning from others successes as well as mistakes and financial regrets. One of my wife’s and I’s favorite YouTube channel that we watch regularly is Retirement Travelers. This is a couple that retired early and is now spending most of their time traveling around the world. A recent video by the couple talks…
How To Deal With Stock Market Skeptics
“The stock market is overvalued” “The stock market is going to crash” “The stock market is a scam” “The stock market is a casino” These are some of the quotes I’ve heard from people over the past few months, years, decades….heck, I might have said some of these quotes myself at one point or another….
2024 Olympics & The 80/20 Rule
My wife is a big fan of the Olympics so I had to watch every day along side her to cheer on our favorites athletes but since I like to tinker with numbers I decided to use my time on the couch to test the Pareto Distribution. Pareto Distribution For the uninitiated and from Wikipedia,…
European Vacation Cost $23,000
My wife and I went on a European vacation for August. We visited three countries by plane, train, automobile and ship. I haven’t actually added up all the cost of the trip and I probably won’t do it but a good estimate for business class flights from the U.S. to our first stop, hotels, cruise…
Happy U.S. Labor Day!
I am back from vacation and will be posting again this week but for now enjoy your U.S. Labor Day holiday!
Sold My SPY PUTS for Profit Today
Well just as I’m getting ready to go on vacation, we have huge market volatility so I had to move. Back in April, I wrote about buying PUTS on the SPY for September 2024 expiry as an insurance policy for my portfolio. Today that insurance policy paid off 66.87%! I am not making earth shattering…
Going On Vacation
My family and I are going on vacation for the rest of August so I won’t be posting any new insights while I’m away. But if you need something to read here are some recommendations: A Wealth Of Common Sense Blog TKer by Sam Ro Marginal Revolution Conversable Economist Oblivious Investor Resources Page And if…