The administration signed a new rule around alternative investments in 401k’s today. The summary is below and I asked AI to give me a risk matrix for anyone considering adding speculation to your 401k. Key Developments President Trump signed an executive order on August 7, 2025, aimed at allowing alternative assets—such as cryptocurrencies, private equity,…
Author: Rich Slick
Insurance Inflation Is Insane!
I got an email notice from my insurance company that they will now start charging a $5 fee for using credit card to pay my insurance premiums which I do because the whole thing is automated and I don’t want to write checks or pay bills online. They even charge $5 for using a debit…
Municipal Bonds At 8 Percent Tax Equivalent Yield
I’ve been sitting and waiting to buy more municipal bonds for my portfolio in my cash accounts for tax free income. With the administration pressuring the Fed to cut rates and the recent miserable jobs report, the Fed may finally start cutting rates so I’m pulling the trigger on buying some bonds before those sweet…
How To Tell If Your Company/Firm Is Doing Poorly
Unemployment has been creeping up, the core inflation report released today shows inflation running hotter and there is still a great deal of uncertainty around tariffs and economic policies which begs a fundamental question: how do you know if your firm/company that you work for is doing poorly? Back at the end of May, I…
Zepbound: My Health Journey – July Year 2
For the month of July, I was traveling and I was greatly concerned about my weight loss plan given we were eating out at restaurants most of the time and snacking in between meals in the most unhealthy way with processed food. The good news is we walked many miles every day so if we…
Have You Heard Of Showrunner?
In late February of 2024, I wrote a post entitled, “The Number 1 Skill To Have Now – AI” that outlined what I think would happen with AI over a long enough time frame. Specifically, I wrote the following: “I have a ton of books that I love such as Paul Coelho’s The Alchemist and would love…
Everyone Hates Workday – And Now So Do I
Oh you poor souls, I never knew how bad you had it but I do now and I’m so sorry for you. About a year ago, I read an article entitled, “Everyone Hates Workday” by Business Insider. Here is a key excerpt from the whole article: “You’re given a long form to fill out with…
Evolving Prompt Engineering For AI & Personal Finance
I’ve been using AI for a while now and I continue to learn better ways to use AI and prompt engineering. My latest use is something I picked off the Internet that really scaled things up. Essentially, I came across a five stage method for interacting with AI and gave it a go on a…
Back Home But Eager For Next Trip
I’m officially back home but I’ve already booked a trip to Europe and will be hoping around the world. I booked my return ticket for February 2026 but I’m not sure if I’ll be traveling that much yet or not. I wanted the flexibility since I’ll be back in Europe next year so I’ll use…
Expat Dangers Of Inadequate Due Diligence (Cry For Me Argentina!)
I am finishing up an exploratory/holiday trip in South America. I checked out a few countries and plan on returning to check out more but I had a death in the family and now have to return back to the U.S. for a funeral. One of the lessons learned however is to be vigilant of…