Recent volatility in the stock market has people reassessing their appetite for risk. Investing in a bull market is easy as it seems the only way equities go is up.
The recent bull market has an added way of lulling people into a false sense of security. Last year many indexes never saw even a 5% pullback even once. Some didn’t see a 3% decline at any point! This is a highly unusual situation confirming for some people the stock market doesn’t test your resolve as often as it does.
In the past week we’ve had a > 5% intraday swing in the market indexes. Many individual stocks had even greater moves!Read More
Those little devils are everywhere. Drone fever has swept the country and it has me hopping mad. In the last week my office has been buzzed every workday and the Accountant farm had its privacy disrupted three times.
The animals hate it! Drones buzzing overhead send the chickens running for cover while the steers run the length of the pasture trying to get away. Privacy is the main concern at the office. If somebody wants to invade my privacy on the farm while I water the horse out back there isn’t much to see. (Ah, that didn’t come out right.)
Therefore, I hereby announce The Wealthy Accountant will start selling anti-drone guns for $500 a pop with the beautiful logo of The Wealthy Accountant emblazoned on the side. This is a limited offer! Only 10,000 will be manufactured. When they are gone they’re gone.Read More
I was contacted recently by an old acquaintance. Brad is a reader of this blog and started to take exception to my style of writing. He felt any idiot could write a blog and I can assure you any idiot is writing this one. He felt it beneath a CPA to write what I do…Read More
2017 was one heck of a year. Business was good, investments were good, personal life was awesome. The good news never seemed to stop. Many people like to make New Year’s resolutions. Not me. I forgo the whole ritual. Instead, I plan all year round. When an idea strikes I write it down. It’s a…Read More
I can clearly remember the first time I heard about the Pay it Forward philosophy. The year was 2002; the location Schenectady, New York; the event Albacon. Back in those days Mrs. Accountant and I were groupies of the science fiction convention circuit. The insanity only lasted a few years, but it was a fun…Read More
Earlier this week I had the opportunity to extend my Thanksgiving holiday by attending a few days of continuing education training. Northeast Wisconsin isn’t a bad place to get an education as long as you can get to Green Bay or the Fox Cities. But when you live in the middle of nowhere it takes…Read More
It’s easy to forget to feel grateful for all the awesomeness in our lives. We get lulled into a false sense of superiority in our abilities when the blessings flow unfettered. Only when the boom is lowered do we begin to look around and notice how lucky we have been. It’s the Thanksgiving holiday here…Read More
The Gallup World Poll publishes a report on their findings involving the happiest people on Earth every year. This year National Geographic magazine has an article in their November issue discussing the results, written by Dan Buettner, author of Blue Zones of Happiness. Certain nations top the list every year. Costa Rica, Denmark and Singapore…Read More