AUTHOR: Bruce Roberts on 3/11/2026 FIRST: Mark Crothers on 3/11 | RECENT: William Dorner on 3/14
Comments
Good point about keeping a supply of food, medicine, fuel etc. on hand for a level 2 event. During covid we built a small "bodega" in our basement with these items. Regarding the use of physical gold bars - they give us the option to convert to a more stable currency in a level 2 (or maybe level 3) event. That may include going to another part of the world and converting the gold to local currency to live there for some period of time. I realize this idea is fine in the abstract. If the floodgates open, who knows how we'll react.
I "retired" twice. First time I wanted to be nice and told my boss 6 months in advance. Word leaked out that I was leaving and it changed the dynamics with my co-workers. Then covid hit and I delayed retirement. I learned my lesson and "second" retirement I gave my boss 1 month notice. I recommend a shorter notice.
ONE THING: Staying the course through market down cycles. Has made all the difference (and is not easy!) One thing I learned: Wife's input is a contrary indicator. When she asks if we should be buying/selling stocks, do the opposite :)
Rental property I consider an “active” investment, which is much more involved to analyse. My article was about the search for a passive investment vehicle: set it and forget it.
Comments
Good point about keeping a supply of food, medicine, fuel etc. on hand for a level 2 event. During covid we built a small "bodega" in our basement with these items. Regarding the use of physical gold bars - they give us the option to convert to a more stable currency in a level 2 (or maybe level 3) event. That may include going to another part of the world and converting the gold to local currency to live there for some period of time. I realize this idea is fine in the abstract. If the floodgates open, who knows how we'll react.
Post: Why I Own Gold Bars
Link to comment from March 12, 2026
I "retired" twice. First time I wanted to be nice and told my boss 6 months in advance. Word leaked out that I was leaving and it changed the dynamics with my co-workers. Then covid hit and I delayed retirement. I learned my lesson and "second" retirement I gave my boss 1 month notice. I recommend a shorter notice.
Post: How Did You Announce Your Retirement?
Link to comment from April 30, 2025
ONE THING: Staying the course through market down cycles. Has made all the difference (and is not easy!) One thing I learned: Wife's input is a contrary indicator. When she asks if we should be buying/selling stocks, do the opposite :)
Post: What do you consider your greatest financial achievement?
Link to comment from June 25, 2024
Rental property I consider an “active” investment, which is much more involved to analyse. My article was about the search for a passive investment vehicle: set it and forget it.
Post: Math Rules
Link to comment from December 5, 2023
Looks like “Simple Wealth, Inevitable Wealth” is out of print. I’ll see if it’s at my library.
Post: Math Rules
Link to comment from December 5, 2023
Only time will tell. It seems recently when I waited for a dip to buy, I missed out on a run up. :(
Post: Math Rules
Link to comment from December 5, 2023
A divorce lawyer asked me if I knew why divorce was so costly. I didn’t know. He said “because it’s worth it”. I chuckle whenever I think of that.
Post: Growing Pains
Link to comment from October 2, 2023