I wrote a portfolio update in September of 2018 extolling the virtues of good individual stock picks
Here is an update four and 1/2 months later after my former largest individual holding, Nvidia Corp. (NVDA) got pummeled into oblivion. I know Bobby Boglehead and the rest of the “index fund are the only way to build a portfolio” devotees are rolling around laughing, but “not so fast” I say. Continue reading “My Largest Holding Got Whacked! It’s Good to Be Diversified”
Who doesn’t love free money?
Here’s a rundown of all the free money and free stuff we got in 2018, just for being nice people in the Smidlap Chateau. Between interest, dividends, and cash back rewards a lot of the free steam came directly in the form of cold hard cash. Continue reading “Hooray for Free Money and Passive Income in 2018!”
Want to buy some of our valuable used corks or empty bottles?
You might have a vessel lying around your frugal pad right now that is ripe for a corking. We at the Smidlap Chateau have you covered if that’s the case. Continue reading “Crap We’ve Sold on the eBay Machine and Other Gold Nuggets of Wisdom”
Commandment #4: A Car is Nothing More Than an Expensive Disposable Tool
Our young employee, Malevolent Missy (MM) has just landed her first real paying J.O.B. and is on the path of figuring out the best use of that gravy train of cash that pulls into the station every two weeks. It must be tempting to chug on over to the dealer and sign up for a brand new $50,000 SUV. Continue reading “The Financial Commandments for a Young Employee – Part 4”
This just in: Your Choices are not Limited to 100% Saving or 100% Spending
Just like life, finance is not always binary. It can be subtle and delicate, like me. There are many diverse and effective strategies to get to the sunset of your working life and this is ours. Continue reading “We’re on the Glide Path to Retirement: Here’s Our Strategy”
Two months ago, in early November 2018, I wrote a post about maybe the gold standard among the Boglehead VanGuard worshipers might not be the absolute best index for your money.
It’s been pretty common knowledge that index investing consistently and early can grow your money tremendously and even lead you to the promised land of Financial Independence with enough time in the market. Continue reading “QQQ vs. VTSAX: The Battle Continues”
Two months ago I issued an APB for my missing fitness
I had been somewhat of a wine guzzling couch potato slug with the exception of running around with my beloved dog, Banjo! in the fair weather season. This happens with age but every so often it gets to the point of feeling exceptionally listless and it’s time to take action. Continue reading “How Did I run a 6:00 Mile? I tried”
Last week we left off with my very subjective but sound advice for Malevolent Missy (MM), who is just starting a career.
Judging from the photo above maybe commandment 3 should be something like “get a damned haircut, hippie!” That was the 1993 corporate challenge and I was a brand new employee around age 25. Can you believe I ever got past the interview with that haircut? Continue reading “The Financial Commandments for a Young Employee – Part 3”
Just like Noah was told in some folks’ bible we have discovered a few self evident truths for those just staring out. Obey for a better life.
I started out this series intended for a young trainee named Malevolent Missy (MM). We work specifically at a large chemical manufacturing facility. I’ll share my opinions in hopes that others can avoid the mistakes of my youth, which number too many to count. Continue reading “The Financial Commandments for a Young Employee – Parts 1 and 2”