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”
Don’t call it a comeback…………………
Another month in the books and market conditions improved, but let’s not get ahead of ourselves and start celebrating the return of the bulls. Sure, it was nice to see the markets move up for once. And they moved up in a significant manner as well. However, we are not even close to being out of the woods on inflation and our economy is slowing down.
Continue reading “July 2022 Financial Update”
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”
Another month in the books! We finished the month of March in the black marking our first positive month the year. But like most of you, we experienced our first negative quarterly returns in two years. At the lows we are nearly $175k in the hole so it was nice to see a recoverey albeit a small one. There is a long way to go just to get back to breakeven on the year, but that is really out of our hands so we will just take it one month at a time.
Given the current geopolitical environment and rising interest rates the chances of a rally to higher levels, similar to what we had in the last three quarters of 2020, seam to be slim to none. If things continue down this road the best outcome we can probably hope for is a breakeven too slightly positive year. Even that might even be a stretch.
Continue reading “March 2022 Financial Update”
The year is off to a rough start both at home and around the world making for difficult times for people’s lives, budgets and the financial markets. Thankfully we were busy in February and couldn’t devote much attention to the headlines or the marketplace. However, the impact is being felt throughout our portfolio.
The month started off with the markets looking to reverse course from correction levels. While I enjoyed seeing this, I felt it might be short-lived based on the Fed and the uncertainty surrounding rate hikes. Then the world was rocked when a scumbag dictator with little dick syndrome and delusions of a Soviet renaissance decided to invade Ukraine. This along with the complete failure of American politicians to take steps to combat inflation, remain energy independent and help free nations deter aggressive foreign dictators, has put our economy and our country in a precarious position. These developments have sent the financial markets on a rollercoaster ride and are showing a lot of resilience. It’s amazing they are not down another 20% during this time.
Continue reading “February 2022 Financial Update”
Before you know it spring will be upon us and thus begins RV and camping season. With the huge increase in popularity for RV’s it seems like a good time to put out an updated list of essential items, all of which we use.
We have some items that are standard must-haves and part of owning an RV. Then there are some items that are essential because they make life a little easier and traveling a little more efficient and safer. There is something to be said for practical use and being full-time on the road that has given us a lot of experience in necessities of RV life.
You can find our original list from 2019 here. It’s a good list and while we are including items that are essential, we also strive to include some items that are not typically included on the standard lists people post.
Continue reading “10 Essentials For Your New RV”