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…
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…
Municipal Bonds Tools & Tactics
Follow up on my earlier post to buy $30,000 in municipal bonds, I continue to load up on these bonds with ~6% tax free equivalent yield to lock in higher rates for tax free income in case the Fed decides to cut rates. I want to share some thoughts on my strategy with picking these…
An Unexpected Financial Tool
My family and I have been planning our summer vacation that involves visiting three countries in Europe with family members that live in different places. Initially we were having trouble coordinating all the activities day by day until I came across this video. My family and I started using Monday.com to plan our travel and…
Financial Regrets: FSA Account
One of my family’s biggest challenges are taxes. We often keep getting pushed into higher tax brackets and now we hover between 24% and 35% depending many different variables each year. To help drive down some of my W-2 income, I opened an FSA account this year and it has been the worst mistake of…
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…