Does Unemployment Affect Your Investing Decisions?

“The singer-songwriter has always played music that was stylistically rooted in the ’30s and the Great Depression and the Dust Bowl. But the fact of the matter is that none of us remember the Depression firsthand.” –Steve Earle My grandparents grew up in the Great Depression. Both of them lived in agricultural areas that weren’t […]

What to Do With the Money You Make From the Sale of Your Company

“Exits are the best part of being an entrepreneur or investor. It’s when we get financially rewarded for all of the creativity, hard work, investment and risk we put into our companies.” –Basil Peters When I finally inked my buydown from the company I co-founded, it was a surreal feeling. Over the next 3 years, […]

Maximize Your Lifetime Utility

“I think Smithers picked me because of my motivational skills. Everyone says they have to work a lot harder when I’m around.” –Homer Simpson When we hit PIRE, we plan on doing a lot of world travel rather than seeing places in the United States that we haven’t seen. It’s not that we don’t think […]

Perspective

“It is a narrow mind which cannot look at a subject from various points of view.” –George Eliot I’ve had a tricky back for a long time. I remember first going to the doctor about it when I was a plebe. It didn’t really bother me much and would occasionally spasm up, but then the […]

Should I Pay Down the Mortgage or Invest the Difference?

To quote a reader, this article is “worth getting to the end,” so, make sure you get to the end! “Worm or beetle – drought or tempest – on a farmer’s land may fall, Each is loaded full o’ ruin, but a mortgage beats ‘em all.” –Will Carleton This is one of the most common […]

In 2013, Were You Better Off Hiring Someone to Manage Your Money for You?

“History repeats itself, first as tragedy, second as farce.” –Karl Marx Look up the phrase “this time it’s different” on Google, and you can find a panoply of situations where the headline writer has pounded his keyboard, imprecating that the situation about which he writes is truly different. Just in the first two pages of […]