One of the observations I’ve made over the years is how banks change my credit limits on my credit cards from time to time. What I’ve discovered is when banks are feeling stressed they start cutting credit lines or start asking how much people are earning to adjust those credit lines. I’ve written posts about…
Bitcoin Blues? Ethereum Exhaustion? Not On My Watch!
The past few days some digital currencies appear to be in free fall. The two I own are Bitcoin and Ethereum so you might think I’m quaking in my boots about losses on these two digital currencies but I’m not. I own these digital currencies through ETFs, IBIT and EHTA, and I specifically chose these…
Is The AI Bubble About To Pop?
I’ve been reading a great deal of interesting news on AI but the most recent and alarming is a trend of some big names selling off some of their AI stocks. Peter Thiel, according to this article, just liquidated all his NVIDIA position. Michael Burry had short positions in Palantir and Nvidia prior to closing…
3 ETF Portfolio For 3 Buckets of Money
I continue to play around with AI and I frequently ask the same question over time to see if AI models evolve. My latest question was to create a 3 ETF income and growth ETF portfolio for 3 types of accounts: taxable, Roth IRA, and traditional IRA. I also asked it to optimize the tax…
After Getting Ghosted By Employers….
After getting ghosted and rejected by some employers, this week they all called me asking me if I were available or want to continue the process some even after I got rejected! WTF? Perhaps they were waiting for the shutdown to be over or perhaps anticipation of the Fed cutting rates again in December is…
Crazy 401k Enrollment Rules, Why?
As part of onboarding my new job, I was eager to get my 401k setup so I can get back to reducing my income to avoid another horrible tax situation but was shocked to learn that I would have to wait 30 days to enroll or maybe 60 or 90 days. People weren’t sure what…
AI Hate Is Proof It’s Already Won
The big news in the music industry is that an AI generated song is #1 on Billboard. There is a lot of hate out there about it and if you want to read an example, click this link here. The article in the link has a lot of hate and vitriol against AI generated songs…
50 Year Mortgages?
The big news today was the administration’s announcement for a 50 year mortgage in the marketplace. It seems insane to me but I wanted to double checked my gut instinct and asked AI if 50 year mortgages are a good idea. A 50-year mortgage is an ultra-long-term home loan that spreads repayment over half a…
Employment As A Hedge Against Uncertainty
When I was laid off earlier this year, I announced to most of my friends and family members that I would probably just retire from the corporate grind. I recently told a few family members that I got a job offer and I would be going back to work, at least, for another year and…
If You’re Looking For A Job/Career Try Hiring.Cafe
After sending out 60+ resumes over 5 months, the best online resource and responses on those resumes came from hiring.cafe. I ultimately ended up getting a bonafide job offer from my own people network but I did receive some amazing leads from hiring.cafe and would suggest you give them a try if you’re job hunting….