OMY Syndrome & Early Retirement
Feb06

OMY Syndrome & Early Retirement

Despite the weighty title that this study carries “Optimum Strategies for Creativity and Longevity”, it is worth reading again and again. The work of Dr. Sing Lin makes a great case against OMY (If I work One More Year it will be all good) syndrome and makes a fairly strong case for early retirement. According to Dr. Lin, pension funds in many large American corporations (e.g., Boeing, Lockheed Martin, AT&T, Lucent Technologies,...

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Is it a bargain or a giant evil plot to take your money!
Jan23

Is it a bargain or a giant evil plot to take your money!

What if I were to tell you that those 50%-70% off sales are not really bargains but just a giant evil plot to separate you from your hard earned money. Well I’m here to break it to you. Those bargains are not really bargains at all. Sometimes referred to as loss leaders these sales only exist for one purpose and that is to get you primed for an endless round of mindless consumption. You HAVE been tricked. In most cases the stuff...

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The Crossover Point – Freedom 50 or Earlier
Nov27

The Crossover Point – Freedom 50 or Earlier

Anyone remember this? Freedom 55? Imagine visiting yourself in the future… Inspirational. But everyone knows that it is 9-5 until your 65, or better yet 9-5 until you die…. right? If you went solely by the comments on this youtube video you would definitely agree. Pan Son says “they meant freedom 2055” cheeriosinabowl – “Freedom 55 ??It’s a Myth” and paulrvass “I love this...

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The Secret Formula – Dividend Payout Ratio
Nov22

The Secret Formula – Dividend Payout Ratio

J/k there really is no secret formula but it sure makes for a more interesting headline (Click bait anyone?). So, how do you calculate the dividend payout ratio of a company? Easy, Take the current dividend payout and divide it by the current earnings per share. This will give you the Dividend Payout Ratio. Dividend per share/Earnings per share = Dividend Payout Ratio This should be fairly obvious for most people. But I will try to...

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Warren Buffett – Business Advice
Jun07

Warren Buffett – Business Advice

Some of the best business advice can be found in the annual letters written by Buffett and Charlie Munger for the shareholders of Berkshire Hathaway. These letters don’t receive nearly the attention that they deserve. The 2014 letter might be the most important of all as it is really four letters in one. The first part is the usual look at Berkshire’s performance in 2014. Second, the acknowledgement of the 50th anniversary of...

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Teaching Your Children to be Financially Responsible
Jan20

Teaching Your Children to be Financially Responsible

One of the biggest problems with personal debt is that young people are not taught the dangers of borrowing. We live in a world of instant gratification and our standard of living has increased ten fold over the last twenty years. Consider: Back in the 1950s and ’60s, people thought it was normal for a family to have one bathroom, or for two or three growing boys to share a bedroom. The average American house size has more than...

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Skype Vs. Magic Jack – Saving money on your home and long distance phone service.
Jan09

Skype Vs. Magic Jack – Saving money on your home and long distance phone service.

I’m sure that a lot of you have a home phone and maybe two or more cell phones in your house. The question of the day is – How many phones do you need? I’d have to say that I’m a fairly frugal guy. If I get a chance to save money on services or merchandise that I need, I’m all for it. A few years ago, I switched from a Telus landline service to Vonage. For those of you who don’t know what Vonage is...

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