I didn’t buy a bond backed by the full faith and credit of the US Government even though it is yielding 7.12% in a world where many other government bonds are yielding under 2%. Why? That’s what I am going to answer today. Economically, it makes sense to buy I Bonds. I have cash I … Read more
Want to pay 50-100% or more for the same medical procedure? I don’t, and I almost did recently. I’ve previously written about tips to navigate the healthcare system. I’m back again because it feels like the healthcare system has too many traps to get consumers to pay more for healthcare than they need. When I … Read more
Deciding to buy a house is a big decision. It’s the largest purchase most people will make. On top of that, it’s also the most debt many people will take on in their life. Unfortunately, there are very few classes about how to responsibly choose which type of mortgage to apply for. This type of … Read more
I’m always fascinated by the question, “Should I pay off my mortgage early?” People usually fall into three camps: YES! Pay it off. Debt is bad. You’ll never regret paying it off. No, you should invest the money. You’ll earn more in the market. I’m asking the question because I don’t know. I’m fascinated because … Read more
You are driving down the roadway, listening to your favorite music, and SCREEEEEEEECH, BAM. Your car is hit. You are knocked unconscious. You wake up in the ambulance on the way to the hospital. You look around but are not sure what is happening. You can’t talk, it’s hard to breathe, and you feel pain … Read more
Prenups. Even the word likely elicited a strong wave of emotions and judgments in you. Unromantic? Sleezy? Not in love? Preparing for divorce? Others? I know when I tell others I am getting a prenup, that look frequently comes over their face. That look of “I would never do that” or “Why is he getting … Read more
Are you outcome-focused or process-focused? Do you judge decisions as good or bad based on the outcome or the process? For example, if you ate healthily, exercised, and did the normal things you are supposed to do to live a long life and then died of cancer at an early age, was the decision to … Read more
Most people appreciate the power to choose. Most people also loathe the idea of making a Will. These two ideas are in conflict. Creating a Will gives you power by allowing you to choose what happens to the things you own (assets) after your death. Although not everybody needs a will, generally, many people would … Read more
My friend asked me questions the other day along the lines of, “What investments should I be choosing? How do I find the funds everybody is talking about that do well? Should I buy different types of funds?” I could have gone many ways with these questions, but I remembered what my tennis coach in … Read more
Have you ever wondered what it would cost to take a month off of work and see part of the United States? I recently took a 26-day road trip across 14 states, though I really only explored about 8 of them. The rest were states I drove through on my way to the others. Before … Read more