Was reading a news story recently about an obscure law in North Carolina, where I live. The law prevents doctors from owning a permanent MRI machine. They must rent it from a hospital. Result? Hospitals have a monopoly on MRI machines and diagnostic testing involving said machines. Thus, people in this state pay between $1,200 […]
The gang of 8%
Did you know the tagline for the Ashley Madison website is “Life is short. Have an affair.”? Ashley Madison is, of course, the infamous website catering to lying men (and I guess now women) who want cheat on their significant other, but don’t have the cajones to be honest about their deception. The first time […]
When spending your retirement savings helps you save more money for retirement
The whole “debt is dumb” crowd is amusing… especially when they rage against anyone who dares to defy their logic. I also find the modern financial planning advice equally amusing in that it assumes restricting access to your savings is good for you and will help you save more money. For example, conventional financial planning […]
My barbell method of financial planning
Monday, as I was finishing my workout and unloading the barbell, I noticed something interesting. I had accidentally unloaded the bar unevenly on the squat rack. So here’s this steel bar sitting horizontally on 2 hooks about four-and-a-half or so feet up off the ground… with 100+ lbs loaded on one side and nothing on […]
Who wins in a fight: whole life insurance vs investing?
Sitting used to be the new smoking. Then everyone bought standing desks. Now, standing is the new smoking. Turns out movement is the key. It’s not about standing or sitting. Which is too bad. I made this nifty standing desk many moons ago and when I learnt of the news, I ditched it and went […]