Patti and I left for a Big Trip to India last week. This will be a very different travel experience for us. Culture shock. My next post will be in a couple of weeks.

One experience I don’t think we’ll ever forget is our

I updated my two favorite graphs this week. The first shows the cumulative real return for stocks and bonds for the last 100 years. Stocks outperformed bonds by a factor of 100. The second shows the results of head-to-head competitions for stocks and bonds for

Fidelity issued my 2025 tax reporting statement, and I used TurboTax to file our taxes yesterday. I came close to the 1 hour 32 minute time estimate that TurboTax estimated for our Federal return.

I previously issued a line-by-line display of your 1040 to

This post compares the performance of IUSB (iShares Core Universal USD Bond ETF) to similar Intermediate Core Plus bond funds. In general, nine funds displayed have outperformed IUSB.

Everything we own in our portfolio other than stocks is to protect us when stocks decline.

Years ago I contributed to a CMU (Carnegie Mellon University) fund to honor John R. Thorne. I received a short report on the performance of that fund this week. I quickly calculated 10% return the last year. That led me to the annual report

I had a very good picture of our 2025 tax return by January 10 this year. I think you can get a very good picture of your return in about an hour. I’m actually looking forward to completing our return this year!!!

1) I

Nope. Inflation reported Tuesday shows a small uptick in inflation for December, but inflation over the last six months is not much different from prior months. Our annual rate of inflation is about 2.6%, and this is not much different than the last six-eight months.

I like arranging the most recent calendar year returns in the 3 by 3 matrix of the Investment Style Box. I get a snapshot of what outperformed and what underperformed the US stock market as a whole. This post is a repeat of the

Happy Holidays! Last week I went to a talk by Stu Hoffman, past chief economist from PNC. I think I’ve attended this event in all but one year out of the last ten or so. Here are the highlights of his prediction for 2026,

Wow! Inflation reported for October + November was REALLY LOW. We have not had two months with inflation this low in the last +five years.

I display a table and graphs that I use to follow the trends in inflation. One that I usually