A few of my hobbies include photography, videography and travel and as you can imagine those three activities can cost quite a bit of money. In the past, I spared no expense on my hobbies but as time wore on I realized I was spending too much money on software. The issue became worse when…
How To Find Your Financial Escape Velocity
“Doing the same thing over and over again and expecting different results is the definition of insanity.” That’s a quote that I’ve had to use several times over the last month with a few different people on a few different topics so now I’m writing a post about it. But first let’s talk about Escape…
The Fed Cuts 50 Basis Points – My Bonds Are Up
The Fed announced a 50 basis point cut yesterday in the central bank interest rate which means the good days of high yield savings and bond rates may be coming to an end but it’s not all bad news. Bonds As bond yields go down, bond prices go up which means that most of my…
Return To Office Mandates = New Layoff Tool
The big news this week is Amazon mandating employees return to office 5 days a week starting in January 2025. Corporate employees will be expected to be in the office five days a week “outside of extenuating circumstances” or unless they have been granted an exception by their organization’s S-team leader, Jassy said, referring to…
Stock Exchanges & The Pareto Distribution
As part of a discussion I was having with a friend, I brought up the recent Olympic medal analysis I had done and I said that it was almost universally applicable to most things humans create. We then started talking about the stock market and wondered if it was applicable to the stock exchanges around…
My Two Muni Bond Funds
I wrote about the exhausting time consuming research I had been doing on municipal bonds here, here and here. I’ve come to the conclusion that I need to take a break from research and just start buying funds to get some time back so here are the two that I ended up landing on. NEA…
Entrepreneurship YouTube Channel: UpFlip
I’ve written about this before, I like watching YouTube videos about money, investing, and travel and I don’t remember what I was searching for when I came across YouTube channel UpFlip. What caught my attention was this video where a small business owner talks about making $90,000 from a washing machine! I actually have a…
Do You Use Inflation Reports To Your Advantage?
The BLS released their latest inflation reports this week for CPI and PPI and I have been looking over the data. Yahoo Finance has a nice chart here that shows where the most deflation has occurred over the past month. Two things have caught my attention. FOOD According to the Consumer Price Inflation report food…
Buying Insurance For Your Assets
As your wealth grows over time one of the fundamental things you worry about is “losing it all” and having to start all over again with nothing. The best way to mitigate “losing everything” is to buy insurance for your assets. Additionally, if you have a spouse, children or others that you serve as a…
Another Repair & Hit To My Rental Property Income
Well it turns out last month I had more repairs on a condo unit. The property management company took care of everything including sending me the bill. In August, it was a $500 hit to repair a fireplace and an issue in the kitchen and some other minor problem. Fortunately, I haven’t had any major…