Stocks, bonds, crypto all down. What to do, what to do?

| May 13, 2022

FoxBusiness/WSJ graphic For the good or bad, whenever I’m away from my daily routine, it seems like the financial markets lose stability and investors go into crisis mode? The past couple of weeks, those invested in stocks, bonds and crypto know that it has been painful; there have been very few refuges from the sharp […]

Big news: Twitter accepted buyout offer from Elon Musk

| April 26, 2022

The financial markets have been following the Federal Reserves messaging regarding tightening their easy money policies and has been selling off the last few days. The more aggressive, but late stance to slow inflation is one needed piece of the puzzle … although also heights concerns over slow growth or even a recession. That news […]

Dealing with rising prices and the Fed hitting the brakes

| April 23, 2022

As the Fed finally starts to deal with inflation, the market took note this month and seems to be selling off across the board. The expectation is that the economy will slow and as they say in the investing world, “don’t fight the Fed.” There isn’t a silver bullet that can keep businesses booming, paychecks […]

Tech Friday: iOS and App updates … and Internet/Cable/TV

| April 8, 2022

After updating my iOS devices to 15.4 last week, I noticed a few annoying changes (normal when an operating system changes), and a few improvements. I suspected that older devices such as my iPhone 7 and older iPad would start to show signs of reduced battery life and sluggishness, yet how long nowadays do we […]

Our driveway disappointment is one step closer to resolution

| April 6, 2022

Our concrete driveway is not small … and if you add to our front drive to the rear paved driveway, it is fair to say that we have a lot of money invested in concrete and asphalt. So … when last year’s front driveway replacement didn’t go well, we ended up in a dispute (friendly) […]

War, inflation, recession, oil prices and inverted yield curves

| March 26, 2022

The “pain at the pump” is definitely real if you are buying fuel and if you have spend the last decade with gas and diesel at 40+% lower than we are seeing today. That said, in inflation-adjusted dollars, we are still off the highest per barrel prices that we have seen (chart below). Most oil […]

John Steele Gordon and Milton Friedman on Inflation

| March 23, 2022

From a John Steele Gordon lecture at Hillsdale College … “money is just another commodity, no different from petroleum, pork bellies, or pig iron. So money, like all commodities, can rise and fall in price, depending on supply and demand. But because money is, by definition, the one commodity that is universally accepted in exchange […]

Bummer, we didn’t plan a winter or spring break this year

| March 20, 2022

Photo from February 2013 in Delray Beach while visiting Brenda’s parents For years … well decades really … we have been fortunate enough to escape winter in February or sometimes March or April and head to sunny or warmer climates for a week. Often it was to visit either Brenda’s or my parents who would […]

Pondering Stagflation in the US after Russia invades Ukraine

| March 2, 2022

I’m not an expert on how the events in Ukraine will impact the world, but I do pay close attention to geopolitical events, the financial markets and the economy … and can’t help but wonder how this will reshape our future. For the past year or so I’ve been grumbling about how the Biden administration’s […]

Is it time to consider an EV when looking for a new car?

| February 26, 2022

Well according to the calculations by automotive journalist Lauren Fix, if it is the financial calculation that triggers your decision, you might want to hold off a little on buying that new EV … even with tax incentives.

Paper magazines/newspaper delivery woes and shrinkflation

| February 17, 2022

Well, two doses of disappointing news in one week. First, the Bengals lose in Super Bowl 56, and then my Barron’s magazine gets smaller with even smaller type (requires a second pair of readers!). They call it “shrinkflation” in an attempt to save a few dollars and probably force subscribers into a 100% digital subscription. […]

Books: “Wealth, War and Wisdom” by Barton Biggs (2009) and a little “How Long will the Santa Mouse Decor Remain” humor

| February 13, 2022

We’ve never been all that timely in getting Christmas decorations put away after the holidays, but this year we … and by “we” I mean Brenda … has been slower than usual. To be fair, most everything has been packed and put away, but there are a few stragglers still around our house. I’m not […]

Inflation Hot? (Part 2): Inverted Yield Curve and Recession

| February 12, 2022

Although this is really not a smooth continuation from yesterday’s “Inflation Hot” post, the financial and economic theme remains the same … so it will be considered “part 2.” The post left off with trying to stop inflation in the 1980s and forcing a recession, actually “back to back recessions.” We can all hope that […]

Inflation Hot? Stop it with a recession or two. (Part 1)

| February 11, 2022

It is pretty obvious to most consumers that even with years of the Federal Reserve keeping interest rates low, printing money and Congress spending, inflation remained in check at under 2%. Unfortunately after the last round of easy money policies during the pandemic, business shutdowns and government giving away money, this is no longer true. […]

How long can the U.S. keep bailing before the ship sinks?

| January 25, 2022

So … how’s the economy doing in 2022? Well, if you measure it based on the stock market or maybe finding a job (if you want to work) … then the façade looks ok. Dig a little deeper and you’ll find out that your paycheck doesn’t go that far … IF you can find what […]

The stock market begins the trading year 2022 with a roar

| January 3, 2022

Even with all the negativity around Covid19 and the rapidly spreading, but somewhat more tolerated, Omicron variant … investors chose to shrug off what looks to slow down the economic re-openings around the world. The saying I keep hearing is that “I’m done with it.” My view for the strong stock market start on the […]

New Year’s Eve Friday Filler Photo: Make 2022 better than 2021

| December 31, 2021

As we wind down 2021 and close the book on a stressful COVID19 filled year … here’s hoping next year will bring an end to the pandemic. If that is not going to be the case, then let’s hope the Omicron Variant isn’t as deadly as the Delta Variant … and that we will keep […]

Guide to reducing Ethereum Gas Fees somewhat simplified

| December 30, 2021

There’s more to buying, trading and SENDING Ethereum cryptocurrency and blockchain dapps than just reading this short paragraph, but if you want make $ETH transactions (applies to other cryptocurrencies as well) … the best way to reduce fees (gas fees) is to make the transactions when the traffic is not at its highest. In other […]

Time magazine’s Person of the Year for 2021 – Elon Musk

| December 26, 2021

Before the year 2021 disappears, it is worth highlighting Time magazine’s pick for Person of the Year  – although I generally just roll my eyes. This time in picking Elon Musk, it is hard to disagree. The pick of Musk, the richest man on Earth, is a good one as he is not only an […]

We are thinking about retirement … in a few years!

| December 15, 2021

As Christmas cards arrive and the 15th of December hits, it is time to start winding down my business year and thinking about 2022 (BTW, we mailed our cards this week). One thing I have noticed this year is that more cards are from people who are now retired or are retiring. Hm … does […]

The “fuel surcharge model” for TV cable content delivery?

| December 11, 2021

It is a sneaky way to increase what I thought was a customer to Cincinnati Bell “contracted-each-year” cable TV and Internet monthly bill? Nope, according to @CincyBell … after being mislead by customer service that the below increases were “government related fees” and “out of their control” … the increases are negotiated contracts with content […]

Tech Friday: Surprised at the recent increase in blog traffic

| December 10, 2021

The surprise increase in blog traffic corresponded to my taking a few more security measures such as locking down more of the personal content to only logged in readers … but I’m not sure that had anything to do with increasing earnings? Still, I noticed upward change (more than doubling) of Google Adsense earnings and […]

How much control are you willing to give to the government?

| November 24, 2021

America has split down the middle on a lot of things that many of us took for granted just a few years ago. Our individual liberty is being eroded away with the help of progressives using propaganda and the heavy hand of the “we know better” bureaucrats to seize more power every day. The mainstream […]

Tech Friday: Interesting electric heater and Bitcoin mining setup?

| November 19, 2021

How about mining Bitcoin and heating your house (room) with the excess energy/heat? For small room portable heating and cryptocurrency mining this looks interesting (although personally I’d rather install solar panels and sell electric power to the grid), check out the Heatbit website.

Music Monday: “We’re having a Miles Davis Rally”

| November 8, 2021

Although I usually don’t purposely listen to jazz, I do appreciate hearing it when it is played and discussed. Last week when Fox Business host Charles Payne mentioned “We’re having a Miles Davis rally” in reference to the stock market – and the “be there or be square” 1950’s slogan. I tweeted about it and […]

Advice: My current thoughts on hardware crypto wallets

| November 5, 2021

Although I’m not an all-in cryptocurrency buyer, trader or investor (pick your poison), I do own and am accumulating small amounts of different crypto. After a fair amount of  reading this past year, my conclusion is to use a reputable cryptocurrency exchange like Coinbase Pro, Coinbase (disclosure: I own $COIN stock), Uphold or Interactive Brokers […]

Energy Independence: Oil was once dictated by OPEC #TBT

| November 4, 2021

Not to many years ago, the United States was on its way to becoming energy independent … until the American fossil fuel industry came under attack from within our own country. This time the reason is not due to our country’s inability to produce enough oil and natural gas for our needs, but an ideology […]

Are you interested in Cryptocurrency? Where will you keep it?

| October 23, 2021

It is probably inevitable that we will all be using cryptocurrency someday. The early adopters are already immersed and getting comfortable investing and trading it … perhaps too comfortable??? Risks of Leaving Cryptocurrency in Exchange A brief look at the history of Bitcoin and cryptocurrencies reveals why it is dangerous to leave your crypto funds […]

The Bankrupting of America – Stephen Moore for PragerU

| October 20, 2021

Here’s a short video worth 5 minutes of your time to watch and to contemplate before Congress and President Biden makes our spending spree even worse. “You can’t spend what you don’t have indefinitely ..” – Stephen Moore for Prager University. LINK to video

Investors are concerned as the Fed tapers and inflation rises

| October 16, 2021

A friend contemplating rolling over his 401K to an IRA asked me a bond investing question the other day as he would like to balance his portfolio of stocks by adding some bonds after the rollover. Since he has never owned a bond (outside of a managed fund), the question was, “what’s the impact of […]

From not being diversified to owning too many tickers?

| October 12, 2021

For most investors, the normal criticism is that they are not diversified enough … or at least they often own too much of one sector or one stock (happened in the old days when companies often matched or did a partial match in company stock). I’ve tried to keep “diversity” in mind over my lifetime […]

Lunch with Jeff, the economy, inflation and more nukes in China

| October 1, 2021

What once was a weekly or at least bi-monthly lunch with my friend Jeff, has shifted to once every 3 months or so since COVID19. It’s not all due to the pandemic as changes in work habits and eating out habits has contributed to neglecting getting together. Nevertheless, it was enjoyable to spend an hour […]

Our Samsung side-by-side Refrigerator Icemaker has failed

| September 25, 2021

I’m going write this Samsung Refrigerator failed icemaker blog post up with the idiom that “they don’t make them like they used to.” I’m not exactly sure what electrical part has failed, but the electrical circuit or electronic board that controls the thaw/motor swipe to remove the frozen cubes from the small 8-cube ice tray […]

Exhaust parts off the 2010 BMW X5 35d need to be recycled ($)

| September 12, 2021

Older photo of my 2010 BMW X5 35d from “fuel economy post” in 2016 after modifications Catalytic converters have precious metals that can be recycled, so I’ve been saving back a couple of the parts from the BMW X5 35d thinking that I might get a chance to see just what they might be worth. […]

What are you going to invest in if inflation continues to rise?

| September 3, 2021

A friend asked me the other day, “what are you going to do if inflation becomes a bigger problem than it is already?” Good question … the canned answer (safe answer) is to be diversified. The reality is far more challenging. There was a day when the first reply was to own hard assets like […]

Some thoughts on investing as technology races forward

| August 20, 2021

Most aging entrepreneurs and investors can “in hindsight” spot their mistakes and missed opportunities, but with age and experience, also comes wisdom. The pace of change is rapidly accelerating and decisions seem to be made much faster and happen quicker nowadays’; I suspect even millennials are learning this faster? As a more cautious trader and […]

The “replacing our driveway project” is finally underway $$

| August 18, 2021

It is a month and a half late, but concrete companies and for that matter most construction companies are very busy this summer. The COVID19pandemic has put most projects behind and perhaps we should be thankful to be on their schedule. Tearing out (video from Canary Security Cam) and re-concreting a driveway is one of […]

Local banking issues, blockchain technology and the interesting book: Crypto Asset Investing in the Age of Autonomy

| August 15, 2021

For decades now I’ve had a fairly positive relationship with both business (CPP) and personal banking … and particularly with local banks. I grumbled the 1990s when multiple bank mergers forced out the manager I worked with in NE Ohio. He knew me by name and often pulled me aside to see if there was anything […]

Primer: An retirement savings decision making cheat sheet

| August 14, 2021

The older I get, the less investment risk I’m comfortable taking. Perhaps it is not the age thing, but having experienced stock market gyrations and what happens to our investments? For those of us in small business or in the gig economy, and increasingly for those who move from company to company, we are our […]

Dennis Gartman and his thoughts on Cryptocurrency Investing

| August 8, 2021

Dennis Gartman comments on cryptocurrency (August 3, 2021) and whether or not he is investing in a “Tinker Bell effect” asset. The 3-minute segment with Dagen McDowell was on the Fox Business program “Mornings with Maria.”     Dennis Gartman on Crypto – 3-min | 8/3/2021 Dennis Gartman has been directly involved in the Capital […]

The legendary Thomas Sowell and his economics, politics and social theory highlighted by Jason Riley for PragerU

| July 27, 2021

As a longtime subscriber to the Wall Street Journal (and for the last decade or so Barron’s), I’ve learned to appreciate certain journalists, economists and opinion piece writers like Jason Riley at the Manhattan Institute. When he told the inspiring story of Thomas Sowell for PragerU, I quickly viewed the video and applauded – well […]

Investors are taking it on the chin today as COVID19 Delta variant may impact the US and global recovery

| July 19, 2021

If you are an investor or long term education and retirement saver, you’re feeling the pain today as the coronavirus Delta variant spread could impact the economic recovery. U.S. stocks, oil prices and government bond yields slid Monday as anxiety mounted over the spread of the Delta coronavirus variant and its potential impact on the […]

Slow, but not necessarily steady, progress on my home office

| July 17, 2021

Slow progress on my home office as I continue to work in disarray; I am missing my accessory junk … including a small hanging TV. I don’t necessarily “watch” business television, instead listen to the stream via SiriusXM to my Aftershokz Aeropex headset. Occasionally though, do still find it helpful to have a video image […]

Renewables and EV charging at home vs charging station issue

| July 3, 2021

As we transition to renewable energy and electric vehicles, the discussion I had with a German tourist on our cruise to Alaska continues to replay in my head. I am an advocate of free-market capitalism and smaller, less intrusive government … but have been known to stumble a bit and have supported government using incentives […]

What are we looking for from retirement investments?

| July 1, 2021

While reading one of my favorite investment strategist, Brett Owens wrote a REIT and CEF-focused Contrarian Outlook newsletter and occasional webinars that I enjoy. He commented tongue-in-cheek … that “we dividend investors really only need three things:” Hm, how hard can that be?   Brett partnered with Tom Jacobs a few years ago to write […]

Tech Friday: Driving, tracking, privacy, gasoline/diesel taxes, or a VMT tax to support our roads and bridges infrastructure

| June 25, 2021

Currently, we attempt to pay for infrastructure by taxing drivers at the pump when they fill their cars and trucks with gasoline and diesel fuel … but vehicles are becoming more efficient while the cost of infrastructure and maintenance continues to goes up. In other words, there isn’t enough money being collected. The politicians answer […]

The mixed messages on inflation and what does it mean?

| June 23, 2021

Although I’m likely tainted in having lived through a period where inflation was real and uncontrolled, I do worry that people living today either ignore or downplay the negative impact inflation, stagflation or worse … hyperinflation … can make on our country. For those who know me, I’ve likely been the “boy who calls wolf” […]

A leftover weekend photo and video turned animated gif

| June 22, 2021

Spent a lot more time this past weekend picking up branches, pumping out the pool and even set up a pump in the backyard to prevent flooding the pool. Thankfully no tornadoes on the ground, but the lightning, wind and rain was wild. Below is a video snippet … turned animated gif out the back […]

Who knows when we are closing in on a stock market top?

| June 9, 2021

When it comes to investing, I’m primarily a “value investor” who relies on fundamentals, but as for “trading,” which I have tinkered with for 30 years now, I’m an advocate self imposed rules and focusing on channel trading. Of course there are zillions of gurus boasting how they have perfected buy and sell signals, I […]

Mexican lunches, salsa, discussions, reading and a good friend

| June 6, 2021

For years now … no, it is now decades … my buddy Jeff and I have gone out for lunch ever other week and almost exclusively to a Mexican restaurant … primarily for the chips and salsa (and relaxed conversation). Before that, we lived in different cities (he in Florida and then Alabama … and […]

What do MMT economists theorize? "The Deficit Myth" #book

| May 8, 2021

A few times before I’ve thought, and blogged about MMT or Modern Monetary Theory, when it comes to newfangled economics. Personally, I (nor many economists) can accept the thinking or rationalize the large deficits and debt path our country is on. In order to better understand the mind-set, I decided to read Stephanie Kelton’s book […]

GE tops estimates, but share price is still suffering

| April 27, 2021

General Electric‘s ($GE) first-quarter 2021 earnings were as they should be. Still, it wasn’t quite enough for investors. General Electric (ticker: GE) shares were down about 2.7% in premarket trading. S&P 500 and Dow Jones Industrial Average futures, for comparison, were both off about 0.1%. The company reported an adjusted profit of 3 cents a […]

Learning more about cryptocurrency with webinar #Bitcoin

| April 25, 2021

Although I’ve owned a small amount of Bitcoin in a cryptocurrency account for a while now, I’ve been wanting to attend a primer on the subject. Thankfully Barron’s offered a free webinar hosted by Beverly Goodman and explained by Grayscale’s Michael Sonnenshein. It was great fill in some of my knowledge gaps, but my question […]

When will Ford reinstate their dividend? $F

| April 14, 2021

Since Ford once-upon-a-time paid a solid dividend, it was one of those stocks I felt comfortable trading in and out of or  just sitting on for a while … but after the company suspended the dividend in March of 2020, I had to re-think $F stock. Owning Ford in 2020 and so far in 2021 […]

Books: Reading the updated investing classic "A Random Walk Down Wall Street" by Burton G. Malkiel

| April 7, 2021

In keeping with a New Year’s resolution from “years ago” to read more non-fiction books and some classic literature still sitting unread on our new bookshelves, I’ve picked up a new edition of an “older” book. For April and more likely May (statistically good months for stock market investing), I’m reading “A Random Walk Down […]

Political corporate activism in Georgia, boycotts and investing

| April 6, 2021

Democrats have been gaining ground over the past few years with their “hate Trump” blitzing supported by the leftists, big tech and mainstream media (one in the same from what I’ve seen), and continue to put heavy pressure politicians and corporations. Just as with the tactics used by BLM, Antifa and “woke” groups using racism, […]

After 6 days, the Ever Given is moving and the Suez Canal is open

| March 30, 2021

The news that has captured much of the of the world’s interest this week was the very large Ever Given container ship lodged sideways in the Suez Canal by 40+ mph winds (and perhaps some mechanical issues?). The “Empire State Building” size ship snarled traffic for 6 days surprising most people as to just how […]

Investing: Buying Vertex $VRTX for 2021 and hopefully beyond

| March 25, 2021

For the most part, I’m a conservative investor, although a regular channel trader, and I rarely speculates on risky upstarts, IPOs, zero-profit tech stocks, pharmaceutical long-shots or the latest crazy … cryptocurrency trend. Since most “risk” involves speculation, I see it more akin to gambling than eyes-open informed value or growth investing … both which […]

Do you build or buy a new house this year or put it off?

| March 18, 2021

Real estate has been on a tear in many markets as the coronavirus has people moving from cities to the suburbs and their own piece of land. In my opinion it is not just COVID19 related, but that fact that cities aren’t as secure or as tax friendly to live in, especially on the east […]

Tech Friday: Life after switching to Mint Mobile has been good

| March 12, 2021

Back in January I switched my “off contract” iPhone7 Plus over to Mint Mobile and a month later switched over Brenda’s iPhone7. The transition was smooth and pretty much glitchless. Service from our previous Virgin Mobile then Boost Mobile plan is basically the same, although initially restricted me to 3GB of data per month (now […]

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.
My Desultory Blog