As my public equity portfolio gets obliterated thanks to being overweight tech stocks, I started dusting off my resume to go back to flipping burgers at McDonald’s. Then halfway through the application, I wiped away my tears and took a deep breath. As every long-time investor knows, the name of the game is survival. If
The Hidden Benefit Of Being Retired In A Bear Market Read More »
The middle class is the best class in the world. It is the largest class, which means it’s the most important class. Politicians pander to us by saying nice things and giving us all sorts of random benefits, like the child tax credit or stimulus checks if you make a middle-class income. But once you
How To Keep Your Middle Class Membership Card Read More »
The popular image of a FIRE practitioner is someone eating rice and beans, clipping coupons, and driving a car older than their kids. All luxuries are shunned in order to grow their wealth as large as possible to break free sooner. FIRE folks are cheap and should enjoy life more critics say. There’s some truth
The Cheap FIRE Stereotype Deserves To Be Retired Read More »
I’ve been a Google shareholder since 2010 and I’m thankful. But yesterday’s earnings, and the 12% collapse that followed, left me thoroughly disappointed. Search is under siege. Gemini isn’t leading the AI race. And Google is spending like a drunken sailor to catch up. Spending $200 billion in CAPEX is more than the GDP of
Google’s Collapse Gives Hope for the Middle Class and Our Kids Read More »
With Anthropic’s S-1 now filed with the SEC, over 5,000 employees are about to become extremely wealthy. We’re talking about the median employee making $3 million to $10 million within three years, and likely at least a thousand people making well into eight figures or more. The numbers behind it are astounding. The filing shows $16.3 billion
A Landlord’s Moral Dilemma When Tenants Strike It Rich Read More »
Earlier this year, I was sick for two weeks. Unfortunately, I’ve had asthma since I was a kid. So when a respiratory illness hits, I tend to cough and suffer longer than the average person. During COVID, my asthma flared up more often, likely due to the stress of having a baby during a pandemic.
Beware, A Disability Can Force You Into Early Retirement Read More »
If you want to lose weight and gain muscle, join a dad bod or a mom bod challenge. The social pressure to hit your goals will be immense. And if you put a financial penalty for not meeting your goals by a certain date, you will be even more motivated to get fitter. Since graduating
Pain And Penalty: Why A Dad Bod Challenge Works When Willpower Doesn’t Read More »
Toward the end of 2023, we upgraded to a larger finished home we didn’t need. Three years later, I want to share whether it was worth it, so you can make a better decision if you’re tempted to do the same. More than any other material item money can buy, a home is the most
Upgrading To A Home You Don’t Need: A Three-Year Review Read More »
If you wait too long to start spending your money, you will have wasted many years of unnecessary work, stress, and worry. You’ll have traded your best decades for a number on a screen that eventually gets passed to someone else. After another summer living with my parents, I’m even more convinced about 45, my
You Won’t Be Able To Spend Your Money When You’re Old Read More »
At almost 50, I’m never doing a gut remodel again. Everyone who has survived one has the same thousand-yard stare. It’s the look of someone who spent two years arguing about grout color and waiting on inspectors who never show up when they say they will. Remodeling might be the most unpleasant thing you can
Buy The Finished Home, Skip The Remodeling Misery Read More »
