Volatile markets are the new normal, thanks to the Covid-19 outbreak. This creates some opportunity for investors in a time of real concern. I don't mean to diminish the incredibly awful specter of this virus, but I'm certainly hoping we all emerge from this unhurt. And maybe with better leverage in the stock market too? For most of my working life spanning a few decades … [Read more...] about How to Invest in a Volatile Market (And Not Freak Out)
Rich People Skills
One of the obvious trade-offs with financial independence ("FI") is you work your tail off for some time to achieve leisure time later. A lot of folks fall into the trap of chasing more and more $$ and material things, and well, they're just wired that way. So instead of reaching some novel retirement at 45 or even 55, they continue to work because I guess it's part of who they … [Read more...] about Retirement Time Management Ain’t Easy
Once in a blue moon, I get asked to review a new publication here on Abandoned Cubicle. It's a reasonable request since I get a free book out of the deal. If the book is decent, I get a few hours of entertainment. Even better when the entertainment is coupled with valuable life lessons. Happy Money by Ken Honda meets both criteria, I'm happy to say. The full title of the … [Read more...] about Happy Money by Ken Honda: A Book Review
This post is all about how this author, for a New York minute, thought about getting a high-cost hair transplant. And how, after a free consult with the transplant experts, and more importantly, his wife, he opted OUT. Let's face it: Getting older has its benefits. In most cases, you can't help but become at least a little wiser. The ups and downs of life level off a bit, … [Read more...] about Why You Don’t Need a Hair Transplant
Pop quiz: How much money do U.S. top 1% income earners make? $500,000 per year? $5,000,000? I believe most of us don't have a clue. How far off are my guesstimates? If being in the top 1% is a goal, should households aim for such staggering incomes? Is that a purpose-driven objective worth chasing? Let's have a look at what the data tells … [Read more...] about How Much Does the Top 1% Make in the U.S.?