A CNBC article yesterday caught my eye, The U.S. retirement system gets a 'C+' grade, experts say — even though it's worth $39 trillion. Here’s why. I usually try to guess an article's conclusion before I read it. My brain just works that way. Obviously, $39 trillion is a lot of money, but my thought was, "How much is it per person?" Using the $39 trillion number and a U.S. population of 329 million, it's about $118,361 per person. That's … [Read More...]
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Passive Income Update: August 2022
How was everyone's August? It feels like a long time ago now that the kids are back in school, and I've been to my annual financial blogger conference. Every month lately has had bucket list events. I'm looking forward to September and getting back into a routine. August felt like two separate months. I boarded many dogs for the first fifteen days and worked extremely hard to prepare everything. For the last fifteen days, we went on a … [Read More...]
When To Buy and Sell Real Estate
Quite a few years ago, I wrote an article, How We KNOW Where the Stock Market Will Go. That was a bold claim because everyone says they don't have a crystal ball. No one knows when some world event (COVID, Russia going after Ukraine) will send markets crazy. In that article, the key point that I made was that something called the Shiller PE (often also referred to as CAPE) indicates the stock market value. When this number is high, there's … [Read More...]