Several of my friends and relatives are retiring in the next couple of years. Two of them have announced their retirement dates in 2023. I wish them good health and prosperity in retirement. They worked all of their lives, and they have a lot to look forward to. I don’t see myself retiring anytime soon.…

I invest in something called the Standard & Poors 500 Index, also known as “the S&P 500”. It is a “shopping basket” of the 500 largest publicly traded companies in the world. Five years ago, the S&P 500 was trading at 1390. This week, it was trading at 2476. That means that the value of…

There is a concept in American culture called The American Dream. It’s hard to explain in words….but it means something like “be able to do and experience more than your parents did”. My wife and I have been incredibly lucky. We have been able to do and experience more than our parents did. In large…

I read an article recently written by an author who described himself as broke.  He has written several books that have sold well.  He has a decent income.  But he has nothing to show for it. I read another article written by a woman who makes less than the national average salary, yet she has…

Pretend that you and I are sitting together on a flight.  One of us paid $100 for our ticket, and one of us paid $1,000 for the ticket.  Which person do you want to be?  The person who paid $100, or $1,000? —– My wife recently purchased three airline tickets.  Two were for our daughter,…

I wrote a blog a few months ago on Financial Literacy.  I thought that I should follow it up with another set of thoughts on saving and investing. Before I go any further, I should note that EVERYTHING that follows is someone else’s wisdom.  All of this is borrowed, stolen, or plagiarized.  There won’t be…

There is a growing school loan problem in the United States.  College students have an ever-increasing amount of school loans.  More students are defaulting on those loans. Last week, someone wrote an article in the New York Times, describing how to default on school loans. —– I believe in the American Dream.  I believe that…