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…
Category: Risk Management
Zepbound: My Health Journey – June Year 2
$4000! That’s how much I paid for my 3 month supply of 10mg Zepbound this last time. You may be asking why so let me tell you. At the end of May I was laid off from work so my health insurance ended and I switched to my wife’s plan which does NOT cover Zepbound!…
How To Prepare For A War Economy?
We’re in a whole new environment now after the recent actions taken by the U.S. against Iran. I won’t get into the politics of that decision and situation since this is a personal finance blog so the prudent thing to talk about here is how to prepare for a war economy. With the help of…
My Genius Tax Plan Has Snared Me
Do you remember the old Wild E Coyote vs Road Runner cartoons? The series of cartoons featured a coyote intent on capturing the road runner with endlessly elaborate traps, tricks and tactics and sadly, he was never successful, the road runner always got the best of the coyote. I feel like that coyote. A few…
Zepbound: My Health Journey – May Year 2
Great news, the new 10 ml dose pushed me to lose 2 pounds. The somewhat bad news is that 10 ml dose makes my stomach nauseous most of the time. It’s not bad enough that I can’t cope but it really takes the hunger out of my system. I feel the way I did back…
It’s Too Tough For Young People
Over the past few months I’ve had numerous conversations with a variety of people. Many are friends that we’ve known for decades and all have adult children now. In talking to many of them there is a consistent theme: Young adults are having a very tough time. The Crisis Matrix The year 2000 generation has…
Sold My Foreign Currencies Today
After approaching nearly 10% return on my foreign currencies, I decided to sell them today. The inflation data is looking ominous and it may lead to the Federal Reserve hiking interest rates at a time that everyone thinks interest rates are primed to go down. If inflation does spike and the Fed raises rates, it…
Are You Stocking Up Right Now?
I was watching YouTuber What’s Going On With Shipping? (video below) and he is expecting a 35% reduction in ships docking in the ports on the west coast of the U.S. The slow down is a result of the tariff war that is currently ongoing. A 35% drop in shipping means a reduction of goods…
Update On Foreign Currency Hedges
Back in November I wrote a couple of posts on Euro and Swiss currency to hedge my investment portfolio. These positions weren’t huge but they were intended to hedge and possibly profit from volatility against a falling stock market and falling US Dollar. So how are those positions doing now? My Euro currency trade is…
ETF: CPSM – 1 Year Later
Last year in April I wrote two posts about a new ETF CPSM. The first was a brief description of how it’s supposed to work and the second was the actual purchase of this ETF. The premise of this ETF was that it would “guarantee” the core invested amount but yield a maximum of 9…