At the start of this year, I decided to finally do something about my weight. Over the years I kept gaining about 1 or 2 pounds per year then I started working from home and the weight gain turned into 3 to 4 pounds a year to where I ballooned up to a weight that…
Category: Risk Management
Do You Have An I-Bond Time Bomb?
One of the blogs I love to read is www.tipswatch.com by David Enna. The blog covers, as you might imagine by the name, Treasury Inflation Protected Securities and a recent post had me thinking about my own bond portfolio. The crux of the matter is if you’ve been buying bonds for a long time and…
Retirement Planning: Step 5 – Putting It All Together
Let’s review my five retirement planning steps in case you missed any…click on the Steps to go to the appropriate Step. Step 1 – Total all retirement accounts. Step 2 – Estimate how much social security might provide. Step 3 – Estimate what the IRS standard deduction might be during my retirement years. Step 4 – Estimate…
Why You Should Always Cash Out Company Stock Grants
I’m going to share the hardest money lesson and regret that I had in my career but as bad as it was, some had it far worse. The Great Financial Crisis 2008 The year was 2007 and I was hired by a company that offered me $100k worth of company stock every year as part…
Stock Market Stormy Seas
I’ve fallen in love with image generation AI so from now on you can expect an image generated by AI on my blog illustrating my feelings for the post. Here is how I feel right now. I am feeling a few gold coins drop from my investment ship suddenly finding itself in turbulent waters with…
Are We In For A Stock Market Horroween?
Last month I wrote a post entitled, “It Feels Like 2007 All Over Again” which describes the sinking feeling of revisiting the Great Financial Crisis of 2008 that started with a residential housing bubble, massive fraud, greedy default swaps and ultimately a near global market meltdown. This time around we have commercial real estate on…
It Feels Like 2007 All Over Again
The stock market has been having fits, housing is not affordable for most people, the central bank is rising interest rates to the point that mortgage rates are now hovering around 7.5 percent. To make matters worse, the Federal Reserve (America’s Central Bank) said at their last September meeting that rates would be held higher…
How To Prepare For A Recession
Is your spidey sense tingling? I don’t know about you buy my spidey sense is tingling and when that happens it means an economic recession is coming so how prepare for one? Loss of Job The worst thing that typically happens during a recession is people lose their job. In 2008, when the financial crisis…
Risk Managing The Stock Market
I recently wrote about one of my favorite real estate investment mentors, Coach Carson and recently ordered his book. I highly recommend the book because it offers insights not just into real estate but the human condition. In Chapter 3 of the book, Coach Carson tells the story of Bob & Karen (minor spoilers) who…
Personal Finance and Risk Management 101
When it comes to money, Warren Buffet is probably one of the most quoted individuals and the one quote I see over and over again with regards to money is this one: “The first rule of an investment is don’t lose [money]. And the second rule of an investment is don’t forget the first rule….