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.
Jetstream RV Resort at NASA is located south of Houston just off Interstate 45 heading towards Galveston. The location is great because you are centrally located between Houston and Galveston and you can be in either area in 15 to 20 minutes. Best of all, it is minutes away from NASA Johnson Space Center! If you are a NASA or Space X fan like us, this is the place to be.
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”
What a difference a year makes! As a matter of fact, we never published our 2020 year in review for a few reasons. Mostly because 2020 just plain sucked! The pandemic ruined everything from our son’s senior year of high school, large parts of our college road trip, his freshman year in college and our plans to start our full-time RV life. And who can forget the financial rollercoaster from the top of the world down to the pit of despair and back again? Publishing a blog post and reliving it all over again was the last thing on our minds.
Here we are at the end of another year and still dealing with the continued fallout from the pandemic. Some things have remained the same. Everything else in our lives has changed for the better.
Continue reading “2021 Year In Review”
Welcome to another edition of our campground review series. In this edition we will be reviewing Distant Drums RV Resort in Camp Verde, Arizona.
This was our first ever visit to Distant Drums and we stayed at the resort for 3 months after leaving Utah. The resort came highly recommended in several of the RV groups and it didn’t disappoint.
Distant Drums is located on the North side of Camp Verde right off of Interstate 17. The location is great because you are centrally located between Sedona and Cottonwood/Jerome and you can enjoy the entire area without living in the traffic that comes with these great places.
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One of the most asked questions by people looking to go full-time RVing is “How much does it cost?” The problem with answering this question is it is very subjective as the variables for full-time RV living seem to be unlimited and there is no uniform cookie cutter option when it comes to this lifestyle.
Just asking a few questions will make you quickly realize how much a full-time RV budget can vary between families:
Continue reading “Full-Time RV Budgeting”
Everyone that owns an RV or likes to camp loves their gadgets and furnishings. Quite often it feels like a never-ending search to find something that makes life a little more fun and little easier while on the road or enjoying your campsite.
In this blog we will look at some gadgets and products that are useful to the RV life. Not only are these items practical, but they don’t take up a lot of space. And every person who owns an RV knows that space is always at a premium.
Here are 10 items that every RV owner should consider adding to make life on the road a little more enjoyable.
Continue reading “10 Must Have Products For Your RV”
Well it finally happened, we had a negative return month. This is our first month in the red since January, which is pretty remarkable, and even in January we were barely negative. In fact we would have to look back to October 2020 for the last significant negative month which shows that a correction was probably long over due. Of course everyone, including us, loves to see their portfolio go up month after month but in reality that is not healthy or sustainable. While it’s never fun to see your portfolio decrease, sometimes dramatically, these pullbacks create the opportunity to take up new positions, add to existing positions or to dollar cost average. Plus they are a healthy aspect of a long term investment strategy.
Continue reading “September 2021 Financial Update”