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 »
In most endeavors, there are high rewards for taking charge, for working hard, for striving for perfection. “Fortune favors the bold!” Taking a passive approach and relying on others to do your homework is typically a recipe for failure. Except, it seems, for investing in the stock market. Index investing is where your goal is
The Case for Index Investing Read More »
Fall is easily my favorite season for grilling, and we’re going strong these days at the ABL manse. I am always a little amazed folks don’t grill more – for us, it’s probably 2-3 times per week at a minimum. But one of the reasons people don’t is that grilling can be expensive, involve difficult
Dances with Chickens Read More »
To figure out how much one needs for retirement, many turn to a 4% withdrawal rate, which is based on studies that suggest this could have been a “safe” (you wouldn’t have run out of money) strategy in the past. So once folks get a portfolio large enough that 4% of it equals their annual
The Best Withdrawal Rate Read More »
I knew that when I started a finance blog, there was a chance for contentiousness somewhere down the road. I didn’t realize, however, that my recipe for hamburgers would be ground zero. My burgers have been declared “the best in the universe”. But I’ve found, through minutes and minutes of research, that my recipe flies
Building the Best Burger in the Universe Read More »
This election season has been a special treat. Not only do I get to see democracy in action, I’m also getting some outstanding economics lessons from a brilliant billionaire businessman who went to Wharton. (That’s right – I’ve scooped one of the most closely held secrets ever: Donald Trump did indeed go to Wharton. Take
It’s Time to Make Me Great Again Read More »
Earlier this month we had a great spring break with, of course, no cash outlay for hotels. Saving almost $1,000 was a nice reminder that I should probably finally commemorate my 2015 travel hacking experiment. I’ve always been a fan of frequent traveler programs, and back when I was a road warrior in consulting I
Fun with Travel Hacking: Credit Cards Can Be Cool Read More »
There’s an estimated $1.4 billion at stake in tonight’s Powerball drawing, and it’s probable that one of my readers will be the winner*. There’s a lot of wonderful information floating around the internet right now – whether you should take a lump sum or the annuity payout, how fast you should hire a tax advisor
How to Spend Your Lottery Winnings Read More »
There is no such thing as grilling season in our household. It’s a year-round affair for us. I’ve grilled in the pouring rain. I’ve chipped a sheet of ice off the grill to get her fired up. I’m happy in 100+ degree heat. I’ve grilled burgers, hot dogs, brats, steaks, ribs (of many creatures), pork
Get Rich With Grilling Read More »