Everyone in the 2019 Stock Picking Contest made money in the first quarter! Well, except Coco, but she wouldn’t have it any other way. Thanks to the fine folks over at How the Market Works, I didn’t have to do any calculations to see our results. Let’s see how our contestants are faring: Most of […]
2019 Stock Picking Contest: 1Q Results Read More »
Other than a house, a car may be the most expensive item you buy. The gulf between the most and least expensive car is enormous. So how do you save money on a car purchase? Let us count the ways. But before we begin, I should explain my expectations for a car. A car, for
How to Save Money When Buying a Car Read More »
At last we meet again. Apologies for the break in posts, but last week we were on spring break, and the week prior I had to focus on a major purchase. The good news is I’ve got plenty of blog fodder to fill the coming weeks. Let’s celebrate it’s Friday and get back to full
TGIF: Spring Break Recap Read More »
Sports are oft a metaphor for all aspects of life, and personal finance is no exception. Making a lot of money is styled as offense, while saving money and being frugal is more akin to defense. Ridiculousness – of course – abounds at both extremes. On the defensive side of the ball, frugalistas will often
Playing Defense: Dash Cam Edition Read More »
A million U.S. dollars certainly isn’t what it used to be. While the figure still does stand as an important milestone, it no longer implies fabulous wealth, with yachts, butlers, and quality healthcare. Thanks to inflation, “millionaire” now just means you’re doing OK. In fact, many millionaires in extremely expensive locations – think San Francisco,
Are You a Big Mac Millionaire? Read More »
Robert Parker, for those of you who aren’t big oenophiles, is maybe the most successful wine critic ever. He’s kinda retired now, but he absolutely transformed the wine industry over the last few decades. His website calls him, “The world\’s most trusted authority in wine for over 30 years.” He published the Wine Advocate which
I\’m Glad I\’m Not Robert Parker Read More »
When I was a lad, I played a lot of soccer. Although I was a physical player, I stayed within the rules and generally played pretty clean. Generally. In a certain match, however, I really got away with one. We were tied in a very even contest, and the opposing team was about to score.
Don\’t Hate the Player Read More »
Conventional personal finance wisdom suggests everyone should have an emergency fund to cover unexpected expenses or job loss. “Most experts” believe your emergency fund should have enough money to cover 3 to 6 months of living expenses. It appears that many people have not been willing (or perhaps able) to take this wise counsel and
A lot of folks start the new year with a goal of losing weight. That goal lasts for a solid couple of weeks, and then, like all good New Year’s resolutions, is abandoned until next year. I also began the year needing to shed a few pounds. Over the holidays, I go nuts and eat
Welcome to the 2019 Stock Picking Contest! You can check out the results from the 2018 Contest here. Last year, I just had folks pick and hold 3 stocks. It was a hoot, but it ended up being a bit of work to maintain the spreadsheet and convert Canadian dividends to to US$ (thanks Nelson)
2019 Stock Picking Contest Read More »