moneyFYI
Financial Freedom Is Merely Organized Common Sense
Category: What The Martian Saw
No One Party Can Govern All Of The Time
As a politician, once you know that fact you can attempt the next best thing. Govern most of the time. That goal is an easy one because you do not have to be competent to implement it. There is a trick of course. You… Continue Reading “No One Party Can Govern All Of The Time”
Share this:
What Am I Missing?
For the past 18 months or so I have been fascinated by the pundits, by news items like Occupy Wall Street, by the debate about the spread between rich and poor, by the decline of the middle class, by outsourcing and by the 1%… Continue Reading “What Am I Missing?”
Share this:
If Things Are Different, They Are Not The Same
On 10 October 2008, 11.5 billion S&P 500 shares changed hands. In the 19 years from January 1951 to December 1969, there were fewer than 25 billion shares that traded. Barely double. One day, half as many as 19 years. In the decade of… Continue Reading “If Things Are Different, They Are Not The Same”
Share this:
Stress And Responses To It
Decision making under stress is a losing activity so avoid re-organizing your financial affairs when you are stressed. The decision is important and can affect a long time. Stress puts too much emphasis on immediate factors. Giora Keinan in a 1987 article (Journal of… Continue Reading “Stress And Responses To It”
Share this:
The Equal Division Of Nothing
“Some regard private enterprise as if it were a predatory tiger to be shot. Others look upon it as a cow that they can milk. Only a handful see it for what it really is – the strong horse that pulls the whole cart.”… Continue Reading “The Equal Division Of Nothing”
Share this:
Dealing With An Eviction
In Genesis, Adam and Eve made a blunder and God expelled them from the garden. Since then, people have tried to reconcile this tragedy with their needs for better future outcomes. This has led to several large-scale societal movements. Religion: Find a way to… Continue Reading “Dealing With An Eviction”
Share this:
Four Option Eight
When I was young, I was a semi-competent golfer but I had two serious mental flaws and it took me a long time to get over them. “All or nothing” and “That is not a mistake that is a challenge.” I am in remission on… Continue Reading “Four Option Eight”
Share this:
Retirement Can Be Physically Dangerous
“If I kill him, can I still collect the life insurance?” An interesting question to start the day. The wife in question is facing a fairly common problem. Her husband has retired and now he is “helping” to better run the household. The big… Continue Reading “Retirement Can Be Physically Dangerous”
Share this:
Watching The Antiques Roadshow
People do not intuitively understand exponential growth. That fact alone makes it difficult for financial advisers to deal with them. Even the advisers who themselves understand exponential growth have trouble. Failure to understand compound interest, coupled with impatience leads to profoundly bad results. For… Continue Reading “Watching The Antiques Roadshow”
Share this:
Protect What You Have Earned
If you follow hockey, you will notice that many injuries result from late hits. Some might say dirty hits. A player cannot risk being in a vulnerable position. In simple terms, protect yourself because you cannot expect others to do it for you. In… Continue Reading “Protect What You Have Earned”
moneyFYI 