I became a connoisseur of fine wine 55 years ago, when I was 18 years old. If you’re wondering if a kid that age could legally buy wine, the answer would be heck no. However, by virtue of my job in the beverage department at the local supermarket, I had juice to get my juice. The wine salesman was happy to bring me a case of their finest, and I would pay the wholesale price in cash.

I’ve been feeling pretty ropey these last few days, with a dose of COVID keeping me from my normal activities. Reading my beloved history books has been keeping me occupied. My current read is “The History of Money by Jack Weatherford”, highly recommended if that’s your thing. Because I’ve nothing better to do, I thought you might find a little article on the subject of interest.
Let’s face it, the concept of a “store of value”

The IRS just published their 2026 inflation adjusted numbers.
Some notes:
1. Standard Deduction
In 2025, the standard deduction for a single taxpayer is $15,750 ($31,500 for married filing jointly). In 2026, the standard deduction is increasing by $350: $16,100 (single), $32,200 (mfj)
2. Brackets
2025 brackets:
10% for income $11,925 or less ($23,850 MFJ)
12% for income over $11,925 ($23,850)
22% for income over $48,475 ($96,950)
24% for income over $103,350 ($206,700)
32% for income over $197,300 ($394,600)
In 2026,

When I was younger, I pictured retirement as a life much like our working years, minus child-raising and commuting costs, but with more travel and higher medical bills. That vision was easy. The harder part was translating it into a retirement income goal.
This is where confusion sets in, and why discussions about “income replacement ratios” often go in circles. People’s situations differ too widely for one-size-fits-all advice. Some work jobs with steady income, others have income which varies a lot each year.

https://www.wsj.com/personal-finance/retirement/delay-social-security-retirement-cc6e1bbc?st=MZWHJR
Gift link to an article by Derek Tharp in the WSJ from a few days ago. He was (? still is) one of the contributors to Kitces et al.
It’s refreshing to see an article written  that suggests the opposite of the “dogma” of delaying  SS, which I personally have never agreed with.
 
 

My husband and I are big fans of Broadway Theatre. We went to see a show recently and decided to buy tickets for a future performance while we were in town. The last time we did this, the box office saved us the fees typically charged online.
Imagine our surprise when, thanks to dynamic pricing, we actually paid more at the box office.
We were in the city with close friends on Thursday, September 4th, and decided to buy tickets for &Juliet on October 19th.

The information below seems to show that those who are invested in international markets will benefit from the devaluation of the dollar as they have this year. The reason is as the value of international currencies increase relative to the US dollar investments in international holdings increase in value even without future earnings from their sales.
https://www.morningstar.com/markets/will-dollar-keep-falling?utm_source=eloqua&utm_medium=email&utm_campaign=MorningDigest&utm_content=None_68062&utm_id=35352
In the first half of 2025, the US dollar saw its steepest decline in over five decades. The DXY index—which tracks the dollar against major trading partners—fell about 11% from January to June.

https://www.morningstar.com/stocks/stock-buybacks-are-booming-2025-thats-bad-news-dividend-investors?utm_source=eloqua&utm_medium=email&utm_campaign=MorningDigest&utm_content=None_68062&utm_id=35352
The link above from Morningstar discusses dividends vs stock buybacks and how they affect investors.

Most frauds are based on a false premise about the world. Fraudsters tell a story about this false premise to extract value from their victims. The story driving two recent fraud cases claimed that you can have high investment returns with little or no risk. Mike Hallam was promised annual returns ranging from 12% to as much as 49% that were “safer than government bonds.” Richard Whitacre was promised “guaranteed” annual returns of 10.5%, 15% and up.

I can never decide if I’m tight, frugal or a spendthrift. I seem to have developed characteristics of all the spending groups. In a nutshell I’m a bit of a consumer paradox. Take the other week.
My wife Suzie and I were out shopping for a pair of trainers for my grandson. I happened to spot a t-shirt that caught my eye, and the best part was the price: it was discounted by a whopping 70%.

This will be difficult to make come across as intended, but here goes.
What is the point of being financially secure, of having adequate assets and income and not having a comparable standard of living?
No, it doesn’t mean buying a Vacheron Constantin watch for $195,000, but it also doesn’t mean driving a ten year old junker. 
We can claim to enjoy living modestly, “comfortably”, but is it true? Wouldn’t we rather live a bit, just a little bit,

Most people use a version of the 4% SWR in retirement. I think it’s the wrong approach for most, although it offers a tempting idea: an extremely high probability of not running out of money and genuine income stability. These reasons are its biggest Achilles heel—it causes the median retiree to pass with a large amount of unspent wealth. Many studies suggest two-thirds to four-fifths of retirees end with a portfolio equal to or larger than their starting balance.

This is from my blog, but I thought interesting. You may recognize the doctors name from recent posts.
The idea of health insurance is generally said to have begun in the 1940s, but consider this.
Early in his career (around 1815) in an attempt to build his practice in Philadelphia, Dr. Philip Physick offered the first healthcare insurance package in the country. He advertised that he could take care of an entire family for a year for $20.

My home has a mature garden and spacious rooms. It borders a regional park and is within walking distance of the small town I live in. There’s a large hospital with a primary care facility nearby. As for curb appeal? Nothing fancy. But that lack of curb appeal let me pay 15% below the market rate for the area. Works for me.
My car is parked in a driveway with space for maybe 4 cars. It’s an 8-year-old SUV with 80,000 miles on the clock,

Great article and tribute about Jonathan in the New York Times. This is a link to it that hopefully you can read without a subscription.
https://www.nytimes.com/2025/09/23/business/jonathan-clements-wsj-personal-finance.html?unlocked_article_code=1.rk8.3FoY.S-b5ghKuzDQY&smid=url-share