Dig Your Well Before You’re Thirsty

It’s back to financial and economic news today. Maybe I should say money news—economics is boring but everyone likes money. Paul Krugman said in a recent column that he’d like to hear some major apologies from all those politicians and economists who predicted massive general price increases from the inflation of the money supply since …

Could You Survive a Tornado?

You may not live in Tornado Alley, but don’t think it can’t happen to you. Tornadoes have occurred in all fifty states of the United States. However, when considering what types of weather and other natural disasters to be best prepared for, those who live in the part of the United States where tornadoes happen …

What’s Wrong with Capitalism?

I had a question from a reader the other day. You may have thought the same thing. To wit, “You say you’re an unabashed capitalist, but your articles pan the financial industry and the way business operates in these United States.” What’s up with that? I’m glad you asked. Before any large enterprise can begin, …

The Writing On The Wall

Be completely honest with yourself. If you heard the sentences below on the news or read them the newspaper, would you have any idea how the information contained in the sentences affected your life? “Traders saw the bid, recognized that the government was intervening to support the market, and the bid was front-run with the …

A Shot Across the Bow?

Was yesterday’s Dow Industrial Average plunge a shot across the bow? An early warning of the beginning of the end? Or was it just a random hiccup? Yesterday, February 5, America’s biggest industrial stock market index took an icy plunge, falling by 1,200 points, or 2.18 percent, to 23,923.88. That followed the previous business day’s …

Disaster Preparedness for Your Pet

(Editor’s note – this article was update 8/11/18 with a link to helpful information about train travel with your pet.) You’ve probably got your disaster plan written and supplies in place and you’ve gone over the plan with family members and you’re feeling pretty well prepared. But what about Fido? If you have pets and …

Could a Knot Save your Life?

Why Learn Survival Knots? Can something as simple as a knot save your life? In the right situation, the simple answer is yes. No one is so insulated from the exigencies of life to such a degree that they can say unequivocally that they will never be in a survival situation. When that time comes, …

Insurance – Part 2

In Part One of this article we explained, very basically, what insurance is. Insurance, in the most fundamental explanation possible, is paying someone else to assume your financial risk. For example, if you own and drive a car, you have a risk of being in an accident. The details of the accident are immaterial to …

Insurance – Part 1

I’ve been thinking about insurance lately. Maybe this is because of my naturally intelligent, inquiring mind. Or maybe because a tree limb fell on my car and I had to make an insurance claim. Take your pick. I’m going with the first. Voltaire said, “If you want to converse with me, first define your terms.” …

Rich Get Richer, Poor Get Poorer

The rich get richer and the poor get poorer. Yeah, yeah, we’ve heard it all before. But you know what? You’re right. The rich live by another set of rules, they play a different game, and you and I aren’t invited. We’re not even allowed to sit on the bench. I know a guy who …