Posts by Keith Schroeder

How Rich Am I? How Rich Are You?

Over the years I have been accused of being a millionaire by clients. The quest was to discover how much wealth their accountant had. I was mum. Few of my local clients read this blog; only the few who do know the scope of my wealth and understanding of money. The inquisitors would have been…

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How to Lose a Million Dollars in a Day

There is an insidious side to the FIRE (financial independence, retire early) community nobody wants to talk about. I was aware of this issue for some time as the owner of an accounting practice. What I found most disturbing is how blatantly bloggers and talking heads in the demographic keep giving advice that will lead…

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Debt Collector’s Suicide Bomb

This blog post is part of the Suicide Prevention Awareness Month blog tour in partnership with Debt Drop. If you are feeling suicidal, please call the National Suicide Prevention Lifeline at 1-800-273-8255 or text HOME to 741741.   In the waning days of the second millennium of the Common Era I found myself in Austin,…

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Nuclear War and Money

There is an old story on Wall Street about a young stock broker during the Cuban Missile Crisis. The world hung in the balance as President Kennedy came on television to inform the American people 50 Soviet cities were targeted by U.S. nuclear weapons if the Soviets attempted to run the blockade of Cuba. Those…

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Fear and Doubt

Every experience in your life until this moment was a dress rehearsal for now. Comfort is your worst enemy. Change is the only path to a brighter future. And fear and doubt follow in step. Mediocrity is what we get when we say “life is good enough” when a new opportunity knocks. It happens in…

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Better than Raising the Minimum Wage

The minimum wage has come off the front page recently as the economy expands and other matters of national interest steal column inches from the headlines. The issues haven’t gone away. The minimum wage is sure to rear its ugly head again. In the past the argument revolved around how much to raise the minimum…

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