Maybe Could Be Retirement Already

Maybe Could Be Retirement Already Digging into the complexities of retirement in the 21st century

Also, not a financial planner. More of a retirement finances dilettante.

Investing in bonds may not be the safe hedge against bear markets when compared to high-yield savings accounts. Over a f...
07/06/2024

Investing in bonds may not be the safe hedge against bear markets when compared to high-yield savings accounts. Over a five-year period I found the humble savings account outperformed the bonds by a wide margin. Am I just an idiot or are bonds just not what they once were?...

Investing in bonds may not be the safe hedge against bear markets when compared to high-yield savings accounts. Over a five-year period I found the humble savings account outperformed the bonds by …

As a coincidental follow-up to my recent post, here's an excellent video that hits all the right notes regarding our fac...
02/10/2024

As a coincidental follow-up to my recent post, here's an excellent video that hits all the right notes regarding our fact-free "vibesession".

As a coincidental follow-up to my recent post, here’s an excellent video that hits all the right notes regarding our fact-free “vibesession”.

(3min read) Retirement planning is hard. Most people - myself included - would rather find someone who can just take car...
01/28/2024

(3min read) Retirement planning is hard. Most people - myself included - would rather find someone who can just take care of it. You know, a Guy (here used in the gender-neutral sense) who promises to make retirement easy. They promise they can beat the market and, in return, ask for a mere few points off the top. You know, for the effort. I don't buy it for a second....

Retirement planning is hard. Most people – myself included – would rather find someone who can just take care of it. You know, a Guy (here used in the gender-neutral sense) who promises…

Read the article. No notes. Ironically coming from a subscription-only site (but this link is free)....
01/28/2024

Read the article. No notes. Ironically coming from a subscription-only site (but this link is free)....

Read the article. No notes. Ironically coming from a subscription-only site (but this link is free).

Inflation can be an easy misdirection for those wanting to hide predatory behaviors.
01/28/2024

Inflation can be an easy misdirection for those wanting to hide predatory behaviors.

Inflation can be an easy misdirection for those wanting to hide predatory behaviors.

I'm delighted to see inflation coming down. Add to that, all the good news around unemployment, consumer demand, and gai...
01/28/2024

I'm delighted to see inflation coming down. Add to that, all the good news around unemployment, consumer demand, and gains in The Market paints an increasingly rosy picture. It's all awesome, right?

Not so fast.

consumer demand, and gains in The Market paints an increasingly rosy picture. It’s all awesome, right?

Electric cars generate a lot of passion. Like pretty much everything, nowadays, divisions run deep. I happen to believe ...
09/25/2023

Electric cars generate a lot of passion. Like pretty much everything, nowadays, divisions run deep. I happen to believe climate change is a very real and very significant threat to our survival (probably lost a lot of readers there) but I’m not here to make an environmental statement. This blog is about finances so I’m here to talk money. Specifically, I think EVs can play a role in reducing financial risk....

Electric cars generate a lot of passion. Like pretty much everything, nowadays, divisions run deep. I happen to believe climate change is a very real and very significant threat to our survival (pr…

One of the biggest threats to comfortable retirement is INFLATION. It ruthlessly cuts away at your purchasing power and ...
08/06/2023

One of the biggest threats to comfortable retirement is INFLATION. It ruthlessly cuts away at your purchasing power and forces you to make tougher choices than anticipated.

If you’ve planned a budget it’s not complete unless you’re increasing expenses by at least 2% per year. Even that’s not entirely safe when considering the last two years saw an average increase of 17%! And there’s little chance prices will go down.

So plan ahead and mind the gap between how much is coming in and how much is going out.

Happy Sunday! Having tackled Taylor Swift and Streamonomics in our last 2 Sunday Deep Dives, today we’re giving you all the data and ammunition you need to confidently wade into a debate that’s currently raging in America — how is the US economy doing?

It’s not data that’s driving layoffs.
01/28/2023

It’s not data that’s driving layoffs.

We like to believe that companies – especially big tech – make decisions based on data. Those of us who’ve worked in tech know all to well that data-informed is too often another form o…

Inflation can be an easy misdirection for those wanting to hide predatory behaviors
01/28/2023

Inflation can be an easy misdirection for those wanting to hide predatory behaviors

In the past few months, the price of eggs has gotten out of control – and industry insiders suspect foul play.

Labor unions are flawed, subject to ego, greed, and corruption. Yet they remain the only tool workers - at all economic ...
01/23/2023

Labor unions are flawed, subject to ego, greed, and corruption. Yet they remain the only tool workers - at all economic levels - have to combat these same flaws found in employers.

This week, Microsoft recognized the company’s first ever labor union, formed of 300 employees in their videogame unit, ZeniMax. The tech giant now joins the list of other major organizations, such as Apple, Starbucks, Amazon and Alphabet, that have seen unionization attempts, some of which went better than others.

State of the union(s)

Although labor movements at high-profile companies now routinely grab headlines, they remain unrepresentative of the bigger picture in America. In the last 50 years, private sector union membership has declined dramatically — in the 1970s nearly 25% of private sector workers were trade unionists, today that figure is closer to 6%. The public sector, however, is a different story, with union membership holding steady.

Why such disparity has emerged between private and public is a topic for an economics PhD. Some have argued that organizing efforts are just more difficult in the private sector, where bankruptcies and corporate restructuring are common. Others argue that legislative changes have made organizing difficult, and there is also evidence that unions are simply more effective when bargaining for better wages in the public sector — making them more likely to persist.

Don’t call it a comeback?

Whether the current momentum translates into a meaningful unionization trend remains to be seen, but public perception suggests it might be more than a few isolated cases. A recent Gallup survey showed that 71% of Americans approve of unions, the highest number since 1965, and other studies suggest Gen-Z is more pro-union than any other generation.

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