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…
Another Repair & Hit To My Rental Property Income
Well it turns out last month I had more repairs on a condo unit. The property management company took care of everything including sending me the bill. In August, it was a $500 hit to repair a fireplace and an issue in the kitchen and some other minor problem. Fortunately, I haven’t had any major…
A Somber 9/11 Reflection Today
It’s been 23 years since 9/11 happened and for some reason I have been thinking about it hard this month and I’m not sure why. I had friends in New York and fortunately none died during 9/11 but some of the people I knew had friends or relatives that were impacted in some way. My…
Incredible Streaming Services Inflation
As part of a potential recession coming up, I wrote this post about a year ago where I talked about rationalizing streaming services. I still think a recession is likely into 2025 but I was able to get some good deals on streaming services. In one instance, I got Hulu (with ads) for $0.99/month for…
Book Review: You Weren’t Supposed To See That by Joshua M. Brown
“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…
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,…