Do you know the name Transmeta? If you don’t, here’s a little blurb about it from Wikipedia: Transmeta: A semiconductor designer that attempted to challenge Intel, its IPO in November 2000 was the last successful technology IPO until the IPO of Google in 2004. The company shut down in 2009 after failing to execute. Do you know…
Category: Money Culture
Is This Fair Or Cheating?
One of my pet peeves in life is people over charging for information. The trade-off is usually, you’ll get info for “free” but you have to watch advertisements or you won’t have to watch ads but you’ll have to pay for the information. These two models are what sustains most of the Internet and media…
Everyone’s Broke But They Lie About It, Why?
The past couple of weeks I’ve had some strange interactions with people. First, the person pretends that everything is fine when we both know they are financially struggling. The second person knows the first person’s situation but doesn’t want to make a thing out of it so they keep quiet. The two people depart and…
New Credit Card: Chase Sapphire Reserve – Maxing Points
This year I dumped my airline branded credit card. After waiting hours at TSA on a recent flight I decided I will be minimizing my flights and traveling by car, train or smaller airports to avoid TSA nightmare lines. Since most smaller airports don’t have lounges or other amenities, the card made little sense. Additionally,…
What Are Key Financial Preparations For A Fiscal Crisis?
Yesterday, I wrote about Key Financial Warning Alarms and today I’m going to tell you some of the things I’ve been doing. Liquidity Protection What Should You Do? I have no idea, you and I don’t have the financial intimacy needed to give you any kind of advice but I do know that you should…
Boosting FICO Score By Timing Payments?
I pay off my credit card every month. I didn’t always do that and I recall 25+ years ago when my wife and I first got married that the interest charges on those cards exploded the balance when not paying the off immediately. It was a tough lesson to learn during those early years. Because…
All Financial Advice Is Wrong, AI May Be The Best Option For Right Advice
I gave up on offering people financial advice a long time ago. I also gave up on listening to financial advice from others a long time ago too. What do these two things have in common? The common denominator between the two things is financial intimacy. In order to truly help someone with financial advice,…
“Be First, Be Smarter or Cheat”
The title of this post is from a quote by Jeremy Irons in the movie Margin Call. In the scene (video below), Jeremy’s character, John Tuld, CEO of an investment bank sits at a conference room in the 2 am hours of the day trying to figure out what to do with a bond portfolio…
ETF Fight Club: SPY vs VOO
The general consensus on Reddit from many investing subreddits is to “just buy VOO” set it and forget it. I have long been troubled by that mindset but I’m a different kind of investor. To be fair though, I decided to ask AI and create this new ETF Fight Club. I asked AI to create…
My Sinister Water & Gas Bill
As I continue to declutter this year I came across some old water bills from the city and I was a bit shocked at what I found. My water bill has grown 115% over 8 years for the exact same amount of water although the “sewer” charge has grown and we have less people living…