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Book Review: “Retire Early with Real Estate” by Chad Carson (2018)
Coach Chad Carson is an excellent person to follow. He has been in the real estate game for 10+ years and offers a wealth of resources on the topic on his site and podcast. His book, published by BiggerPockets, is a great foray into the world of real estate. It offers a high-level strategy including showcasing some of the steps and paths you can take to be on your real estate journey. Sprinkled in are a series of vignettes on some of the real estate investor community ranging from Paula Pant to Graham Stevens to some of the BiggerPockets crew (Gee, I wonder how). At a high level, the book…
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Does A Low-Information Diet Confirm Your Biases?
It started off with a tweet…like the worst of stories do. Mr. Money Mustache, bastion of the Financial Independence crowd and an early stalwart of what I like to call the “white angsty libertarian Colorado groupies” (and I enjoy this group most of the time), shared his thoughts on how he thought Bikes, Barbells, and Salads were way more important than wearing masks. After that bombshell, a thread was started by Tanja Hester of Our Next Life (definitely check out if you haven’t!) about the topic (and she has a wonderful post here going over the low-information diet. The thesis of Mr. Money Mustache’s argument on a low-information diet in…
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Four Reasons Quibi Is Doomed To Fail
Quibi, which rhymes with Libby, has been dunked on for a while. Launching in the midst of a pandemic in April 2020, the streaming site (which stands for “Quick Bites”) has not gotten off to a good start. I think the best way you can sum up its current standing is a baffling quote from CEO Meg Whitman on her favorite shows: The Vulture article, from journalist Benjamin Wallace, is a wonderful dive into the company and how it failed. Here I’ll outline some of the many reasons why it has failed to land and will not survive in the land of Netflix, HBO, Amazon Prime, Disney+, Apple TV, and…
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Why Amazon Is A Sand Mandala
If only I had a time machine, I’d go back in time to kill Hitler, shake hands with Stanley Kubrick (the greatest filmmaker of all time), and finally arrive in 1997 and buy shares in Amazon. According to The Motley Fool if you had invested $500 at the IPO price, your shares would have been worth over $568,000 in 2019. That number has gone up in the midst of Covid-19. Kindle that fire… I was struck this week reading The Economist‘s excellent deep dive into Amazon and its future. The thesis of the Briefing goes something like this (keep in mind that this blog is free and it’s probably worth…
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10 Sure Ways to Save Money
These are all blatantly taken from the wonderful work of Joe Dominguez and Vicki Robin and their book “Your Money or Your Life” that offers up ways to find happiness in your life with frugality. They offer up a series of ways to save money (or as they might put it, re-allocate your life energy in ways that are in line with your values). Without adieu, here they are: This would be a classic example of what NOT to do… Don’t Go Shopping. Don’t make trips that are explicitly for the purpose of mindless shopping. Limit those opportunities whether it is checking out the newest Amazon sale for stuff you don’t…
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Book Review: “The Total Money Makeover” by Dave Ramsey (2009)
A look at Dave Ramsey's philosophy and book.
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What’s your wealth number?
A new article from Bloomberg gives a new index for your net worth. The article starts out by lamenting how the term “millionaire” has lost meaning with the wide range of net worth. So the team built their own wealth range from -2 to 10 (well 11, if you count the two richest people in the world) on an exponential rating system. The numbers go: The article enumerates this range. With my current wealth, I’m somewhere around a five to six. So…what does your number actually mean? The article doesn’t go into much detail, but I think it enumerates the level of difference between someone like Gates and your average…
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Is Delivery Worth The Price?
Is online shopping worth the cost?
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Do I have the right to be forgotten?
The internet is a sorting tool of information. It allows a quick search of individuals, but can easily distort or manipulate one’s viewpoint. I can feel Big Brother’s ever watchful eye as the vast amount of collectible information about me is synthesized through service providers, search engines and applications. How things are sorted reflects traffic paths. According to online ad network Chitika, the top listing on a Google search result will get 33% of search traffic. So what is popular gets sorted, but what happens if something is popular and you want it erased? Do I have the right to be forgotten? This right to be forgotten started with a…
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Book Review: “When Breath Becomes Air” by Paul Kalanithi (2016)
Paul Kalanithi was on his way up in life. He was married, had attended Yale School of Medicine and was nearing the end of his residency at Stanford University as a neurosurgeon. Then, at age 36, he found out he had Stage IV lung cancer. What follows in the book is his examination of his life as he lives with this disease.
