The Real Currency Of Life

The Real Currency Of Life

real currency 2I don’t like to do this too often, but I wanted to bring about an essay to your attention: “Time Well Spent, The Declining Real Cost of Living in America.”

It’s a report published by the Federal Reserve Bank of Dallas in 1997. The basic idea is that while the nominal price of goods has been increasing consistently, the amount of time required to obtain said goods (the true currency measure) has been steadily declining. It’s perfectly in-line with this websites ideology. If you like anything about this site, this report will be a great read – color graphs and all. Read more

Trading Time For Chicken

Trading Time For Chicken

chick fil a 2Recently a Chick-fil-A restaurant (fast-food chicken place) opened in a neighborhood near me. In order to generate publicly, the company offers a seemingly appealing contest: the first 100 patrons are rewarded with free chicken meals for the year.

At first blush this seemed like an interesting opportunity. Especially for me: my schedule is flexible, I eat chicken and I definitely like free. So I figured I’d check out the details and learn more. Read more

The Larger Challenge

The Larger Challenge

larger challenge 2There are a lot of people, millions, worrying about retirement. When to think about Social Security, required minimum distributions, the “4% rule,” projecting expenses, healthcare, enough, too much, inflation, taxes, age, quality of life, the whole lot. There’s always a reason to be concerned. And I’m not downplaying these scenarios: it’s prudent to have a handle on the important variables. However, I believe there’s a larger challenge out there.

Not today, not tomorrow and perhaps not even during our lifetimes, but eventually society will face a much greater dilemma. My reasoning can be summed up in a single graph: Read more

As Time Poor As Ever

As Time Poor As Ever

time poor 2This post is sort of a short cut, but then again that’s kind of the idea. Not exactly a short cut I guess, but more “using what someone else has already written such that I don’t spend much time on it.”

Some might call it using my scarce resource wisely. Others just a summary.

Call it what you want.

I’d like to bring your attention to the legendary investor Peter Lynch. Specifically, I just finished reading one of his books Read more

Today’s Effort Is Tomorrow’s Passive Income

Today’s Effort Is Tomorrow’s Passive Income

today's effort trueAs you know, I write over on the website Seeking Alpha fairly often. If you don’t know, feel free to click on this link and browse around to see what I’m talking about. Recently, I was reviewing some old page view statistics and came upon something that piqued my interest.

The old model of compensation over at Seeking Alpha was a penny per page view – 1,000 page views = $10, for example. The new model is a flat $35 plus a penny per page view, but the basic idea remains the same: Read more

Did You Win The Lottery?

Did You Win The Lottery?

lottery copy“Did You Win The Lottery?”

Kind of.

I’ll set the stage. As a member of the 21st century, I know that oral hygiene is important. As such, I dutifully visit the dentist office every 6 months. For those working in the corporate world, you know what a pain (perhaps literally) this can be. Dentist hours are like bank hours, except that occasionally the dentist has to close to deposit some checks. My particular dentist is no exception Read more

Whirl ‘Til You Hurl

Whirl ‘Til You Hurl

WhirlRecently I was watching a documentary on “Great Old Amusement Parks” because… well, why wouldn’t you want to know more about the great old parks?

One segment that caught my attention in particular was Belmont Park in San Diego. I was drawn to a story that took place there. Way back in 1998 there was a well-publicized radio station event held on one of Belmont’s roller coasters: the second “Whirl ‘til you hurl” contest (apparently the first contest was Read more