I had yet another problem with one of my condo rental units and it got me thinking about the long term viability of rental properties for small operators. I’ve written several posts now about the Pareto distribution and how 80% of the wealth (or properties) end up in the hands of the top 20% of…
Category: Risk Management
Bank of America Glitch & Those Eggs!
Well it’s happened again! The big news right now is many Bank of America customers across the country have had their bank accounts zeroed out. I have a family member that confirmed a balance of zero even though there should be thousands of dollars in the account. Here is a quote from USA Today on…
Zepbound: My Health Journey – September Edition
This is going to be another short post. I seem to have plateaued. My doc wanted to boost me from 5mg to 7.5mg Zepbound dose but I wanted to stay on 5mg for another 3 month cycle. I now have two months of 5mg left in the fridge so I will burn through that then…
Buying Insurance For Your Assets
As your wealth grows over time one of the fundamental things you worry about is “losing it all” and having to start all over again with nothing. The best way to mitigate “losing everything” is to buy insurance for your assets. Additionally, if you have a spouse, children or others that you serve as a…
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…
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…
My Favorite Stock Options Tool
One of the ways I squeeze extra income out of my stock holdings is to sell covered calls on my stocks. The challenge is always trying to locate and calculate the call premiums and returns on selling calls out into the future. If you don’t know what I’m talking about, visit this link on my…
Zepbound: My Health Journey – July Edition
I have now completed six months on Zepbound. Initial results the first 6 months were great, I lost 21.2 lbs. In July, I had to travel for work then vacation and while I still kept taking the medication, I had little control over my food/dining environment so my weight loss slowed. Staying in hotels with…
Diversification Is A 2024 Theme: Banking, Health, Tech, Everything
Literally a little over a month ago, I wrote a post titled, “Banking Diversification & Frozen Funds” warning of the dangers of putting all your “eggs in one basket” and this week we’ve had total chaos with airlines, banks, hospitals and just about any thing else that runs on a computer because of too much…
Zepbound: My Health Journey – June Edition
I’ve gone backwards with Zepbound. I had to travel two weeks for work and while I still took my Zepbound, I was in business meeting that often ended with a business dinner at some fancy restaurant. While I mostly ate salads and refrained from any alcohol, I still managed to gain about 4 pounds during…