Another month down, literally, and we are heading into the 4th quarter of what has been a miserable year for the markets. The questions is, when will this pain end?
Since our last update we have relocated from our beautiful spot in Tennessee to an amazing lake front spot in Oklahoma. This location has quickly become one of our favorite destinations since hitting the road. We have a pull-in spot and everyday when we open the shades we look out at the lake and enjoy the views and the wildlife. This year has been a disaster financially, but being able to live this life and wake up to these views and scenery almost everywhere we go has made these tough times much more bearable.
Continue reading “September 2022 Financial Update”
In this edition of our campground review series we will be reviewing Cummins Ferry RV Resort located in Salvisa, Kentucky.
This was our first visit to Cummins Ferry and it was one of those places that we hoped would live up to what we saw in the photos while we were researching places to visit. Unfortunately, it is all too common for amazing photos to be posted online that are not always representative of the reality on the ground when you arrive for your stay. And when you are booking for an entire month arriving at some RV resorts and campgrounds can be very stressful because you are not always sure of what you are getting into until you get there and get settled.
To say we were relieved when we came around the bend and saw the resort for the first time, after driving down a long and narrow road towards an uncertain destination, would be an understatement.
Continue reading “Campground Review – Cummins Ferry RV Resort”
That didn’t last long!
In our last update we said it was nice to see a positive month. But we also cautioned that we should not get ahead of ourselves and expect it to continue. This turned out to be a good call as one can never underestimate the power of incompetent government lifers to further screw things up and cause more turmoil.
Additionally, in our last update we questioned Mr. Fed Chairman’s rational for saying that he believes interest rates, currently at 2.5%, are now at neutral and neither helping or hurting the economy when their own preferred inflation gauge clocked in at 4.8%. And that’s after stripping out food and energy which puts inflation at a disturbing 6.8%. As has become customary with our esteemed and incompetent fed chairman he and his cronies had to spend a lot of time walking back that idiotic comment over the last month. Much like they had to do with the transitory inflation hoax they perpetuated for over a year to justify not doing their job.
Continue reading “August 2022 Financial Update”
Well, here we go again! It seems that there is no end in sight for the market volatility that has plagued us this year. And rightfully so, as this is the result of the fed failing to do it’s job and our government leadership being grossly incompetent.
This isn’t to say we are not long overdue for a correction or even a recession, because we are. However the runaway inflation freight train, which is the worst part of this whole economic disaster, was 1) mostly avoidable and 2) could have been tempered with an economic strategy based on facts and data followed by doing what’s best for our country and our economy.
Continue reading “June 2022 Financial Update”
Welcome to another edition of our campground review series. In this edition we will be reviewing Sun Outdoors Orange Beach located in Orange Beach, Alabama.
Sun Outdoors Orange Beach is located southeast of Mobile, AL along the gulf coast. We opted to take interstate 10 to state route 59 through Foley, AL instead of paying to go over the toll bridge. The bridge isn’t expensive to take and will save you about 15 minutes. We are in no hurry these days and we are always looking to save a couple of bucks where we can, so the longer route was fine with us.
Continue reading “Campground Review – Sun Outdoors Orange Beach”
After a fews days on the road we are settled into our new spot in Pennsylvania where we will stay for a couple of months. Normally I love being on top of everything that is going on in the markets and with our financial situation, but I have to admit that focusing on driving and enjoying the scenery for a few days was a really nice break. I tend to get overly invested in the market details, trends and financial news. This is probably not very healthy so being away from turmoil for a few days was refreshing and something I should do more often.
As for the current state of the economy, there isn’t really much more to say. Our government failed us, and is continuing to fail us. All we can do is wait to see how everything plays out and take advantage of any opportunities that may arise. Sadly I think we are heading for a recession as we can’t count on an incompetent fed, and an even more incompetent former fed chairman turned treasury secretary, to glide the economy down to a soft landing.
Continue reading “May 2022 Financial Update”
Welcome to another edition of our campground review series. In this edition we will be reviewing Jetstream RV Resort at NASA located in Webster, Texas.
This was our second visit to Jetstream and we stayed at the resort for 2 months after leaving our lovely spot in Sedona, AZ. Since our last visit here almost 2 years ago, and after we made our new reservation, the resort went through a management change when it was acquired by Sun Outdoors. We were a little concerned that it wouldn’t be the same. From what we saw, most of the changes being made were for the good.
Continue reading “Campground Review – Jetstream RV Resort”