Today I wanted to share a video. Previously I was going to write out a post, but I think this feature does a nice job of summing up what I was going to say. It’s not perfect – if it’s not in your own words, it’s never going to be exactly what you would have said – but I think the gist is on par. Read more
I 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
Recently 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
There 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
This is the essence of why New Year’s resolutions fail. Granted, article writing wasn’t my New Year’s resolution (I didn’t make any resolutions and I’d write regardless) but the logic is the same. Read more
This 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
As 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
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
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
I could leave it at this, but I suppose I’ll expand a bit.
When I suggest “bargains” I’m referring to both personal finance and investing. Let’s start with the investing side. Read more