A Win For the Luddites (or, ARE They??) What if there was a home security system that had all of the following virtues: it was simple and easy-to-use; (very) cheap; crash-proof; hack-proof; and never needed a software patch, update, or monthly subscription? (see, “very cheap”). Fortunately, there is. Give up? It’s called, “a key” (or,...Read More
Question #2: Can Stocks Ever Be “Underbought?” “Some investors have expressed concern that popular trades are overbought, making them vulnerable to a sharp pullback.” –“U.S. Stocks Drop as Investors Unwind Popular Trades”; The Wall Street Journal (3/21/17). Here’s a suggestion for financial journalists: instead of using meaningless, mumbo jumbo phrases like “stocks fell because they...Read More
Morel Mushrooms at The Wedge for 33% Off The distinction between “on sale” and “cheap” is nicely illustrated by the morel mushrooms currently on sale for $39.99/lb.(!) at The Wedge Co-op on Lyndale in Minneapolis. And yes, the principle is frequently on display in residential real estate sales. Unfortunately, neither the Kaplan family budget nor...Read More
Gas < $2 Gallon “The U.S. Energy Information Administration said this week that the country’s proved reserves of natural gas rose 10% in 2014 to a record of 388.8 trillion cubic feet.” –“Gas Driller Hits a Gusher — and Sinks Its Own Stock“; The Wall Street Journal (11/26/2015) If gas at discounters like Sam’s Club...Read More
“Pillow Top?” Actually, More Like “Pillow Bottom” I wouldn’t rip up perfectly good carpet to do it, but . . . assuming the Seller is already planning on replacing especially worn or dirty carpeting, I would recommend splurging on a plush (read, thick) carpet pad to go with. Added cost: a couple hundred bucks, max....Read More
