Don’t think so? You may be closer than you think. Read on. I grew up hating the rich because, in my idealistic younger days, they represented the anti-thesis of equal opportunity and egalitarianism. I heard stories from my parents about people who used their government connections to score sweetheart business deals, dodged their taxes, and were slave-drivers […]
Category: News & Analysis
‘Tis the season of health in U.S. and the mood is not healthy. Open enrollment periods in ACA (‘Obamacare’), fears about repeal of Obamacare by the new U.S. administration, and consequently, media and personal finance blogs worrying about impact of impending changes on the cost of health insurance and even the viability of early retirement. In addition, […]
Fear is everywhere. Our politicians scare us about a doomed future if they aren’t elected or if any of their policy proposals are rejected. TV reporters paint fearful pictures of our communities, our nation and our world by the images and news that incite fear and negativity – right in your home’s 75 monstrous inches of full HD 1080p resolution […]
I am angry today. My friend Paul has always been generous in his sharing and volunteering. He had lost his job and fallen on tough times. Being a nice guy that he is, he offered to pick up the lunch tab when he called to seek my advice. Knowing his situation, of course, I couldn’t allow it. […]
I am happy to share with you all today that this website has crossed two milestones. It is now a 3-month old baby and it has crushed Alexa 500K rank! I know nothing of web marketing and SEO tools (did not even know what the letters stood for until about a year ago) and yet, this website is making a steady march forward.
This would not have been possible without you. Thank you readers and fellow bloggers!
It is only money and it grows on trees, according to Cara MacMillan. I read many articles daily and quite a few books every month. Occasionally, I am also sent new book material and manuscripts for review. I have turned down such requests largely because of time constraints. But this one was interesting and I […]
If you cannot use credit responsibly, the common advice you are given is to simply chop up your credit card and use only cash for purchases. But what if you are a responsible credit user working your way to become a PAW? Then, I have a better suggestion for you. Chip up your credit card. What? Read on…
Regular readers of TFR know how passionate (‘obsessed’ is apparently the right word, as my friends have helpfully suggested) I am about my morning cafe latte. The few minutes of liquid companionship I get with its characteristic warmth and aroma and its complex, rich taste intertwined with steamed milk – in a marriage made in […]
Despite the millions of gold lovers around the world, including many among TFR family and friends, somehow I have never been attracted to gold’s charms. I have often wondered about the fascination, bordering on obsession, of this yellow metal in modern society. Granted, during the pre-industrial age, gold was treasured because it was a bona fide currency in many kingdoms and civilizations that passed through this world.
The huge financial services industry and the much smaller community of Financial Independence and Retire Early (FIRE) bloggers differ on many fronts. Yet, we all agree on one principle – sustainable withdrawal and retirement success through simulation models. Of course, we all need to know our sustainable spending rate. But, as we saw earlier, focusing solely on the simulated probability of financial success only increases the relative probability of a non-financial event wrecking our plans. Today, we seek a new angle to one such non-financial risk factor that impacts your financial future.