Retirement Double Dippers and a FREE Buffett e-Book

The last few days have been busy but good. As you’ll see from the photo below I am finally getting back to the bathroom remodeling project. Additionally, my wife took on some extra work the past two weekends, which will help our income this month. The weather has been fantastic lately. (November and March are my favorite months in Florida.) We are planning to plant some blueberry bushes around the house and the winter garden is growing nicely. Our son continues to grow and hit new milestones, with breakneck speed. Twice he has said “Dadda” when he reached up for me to pick him up, but I’m not sure at 7 months he understands what that means. (Sorry no new pictures to share.) Continue reading

Deep Value Purchase and a New Frugal Find

Is anyone else in shock that it’s November already?! While October was fun, it was a very busy month. Work continues to get better and better, and I should have some big news to share on that front very soon. We took our 7 month old camping for the first time. He had a great time and slept like a rock, although I learned riding out squalls on the beach in a tent is a lot less worrisome without an infant sleeping beside me. What can I say, I worry. I must be a parent. Of course my wife HAD to dress him up as something for Halloween. Sure, why not a pumpkin :) Continue reading

How The Falling Price of Oil Affects My Long-Term Portfolio

Below is an article I wrote Thursday for Seeking Alpha.  It discusses implications of falling oil prices on a long-term portfolio.  Enjoy

Over the past few months the price of Brent Oil has fallen from around $114 to $84 per barrel. At the same time, West Texas Intermediate (WTI) has fallen from $104.5 to $82 per barrel. Some investors will tell you the reason is because the world is on the cusp of another great depression. Others claim the cause is the strengthening US dollar. Personally, I think they’re both right, but the biggest cause is that the growth of global demand is slowing… at the same time that global oil supply is surging. That’s right, I think the decline is no more sinister than simple economics. Increased supply, plus steady (or weakening demand), means lower prices. The purpose of this article isn’t to debate such points, however. The purpose of this article is to look at possible ways to profit from the recent decline, and more pointedly how the decline will affect my portfolio.

One of the most straight-forward ways to profit from the decline, is to invest in the energy sector directly… either long or short. I wrote an article earlier this week, discussing the direct implication the fall of oil is having on the energy sector’s various subsectors. Some energy subsectors, such as alternative energy, I wouldn’t touch with a 10-foot pole. Others such as super majors or specialty services companies, warrant serious consideration. If you are interested, check out the article above.

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