Rockefeller Wealth

File:John-D-Rockefeller-sen.jpg

John D. Rockefeller's wealth was estimated at about $900million in 1913, equivalent to $189.6 billion in today's terms.

I bring this up because all day long the MSM talks about Bill Gates, Warren Buffet, and George Soros. There combined riches are $130 billion!

I guess the Rockefeller family knows how to hide all their money. :-))


Tiny Home Living

We purchased our park model trailer for cash. We could only guesstimate our expenses. Now I can see how much they are. My goal of $860 a month (which I determined back in 2006) was pretty good!

All numbers are per month.

HOA dues = $58.33. This covers sewer, water, use of the lodge, road maintenance, etc.

Electricity = $110 in the winter, $20 in the summer. We use two electric space heaters during the cold months. Looking into a wood burning stove.

Propane = $37.50 for heat and cooking

Gasoline = $30 thanks to driving a Prius

Food = $400 since we dine out a lot and buy from the health food store. Can't grow anything w/o a hoop house.

Insurance (home, auto, health) = $308.33


Natural Gas is a coiled spring

I'm seeing natural gas at $4.00 by December. Play it with UGAZ. Here are my reasons:

La Nina will increase the number of tropical storms in the Atlantic, which has been on the quiet side for the past three seasons.

During one week last month, the country used up a little of its gas reserves for the first time during a summer in 10 years, according to a report released Monday by the U.S. Department of Energy.

It became cheaper for power plants to burn gas than coal. In April last year, natural gas generated more electricity than coal in the U.S. for the first time in decades.

U.S. Natural Gas Drilling Rig Statistics
Current natural gas drilling rigs:     86
Active rig count one year ago:         223
Rig Peak (hit on 9/12/08):               1,606

 Peak natural gas is coming plus depletion rates show a steep drop off
Blog150728d


Easy Estate Planning

The need for a will is becoming less and less. And going thru the probate process may become a thing of the past. Here is what you need to check on:

Brokerage Account:  Transfer on Death (TOD)
A way of designating beneficiaries to receive your assets at the time of your death without having to go through probate. This designation also allows you to specify the percentage of assets each person or entity (your "TOD beneficiary") will receive. Your assets will then be automatically transferred to the designated beneficiaries upon your death.

Bank Account: Payable on Death (POD)
An arrangement between a bank or credit union and a client that designates beneficiaries to receive all the client's assets. The immediate transfer of assets is triggered by the death of the client.

Real Estate: Transfer on Death Deed
When the homeowner dies, title to the real estate passes to the beneficiary or beneficiaries, named in the Transfer-on-Death Deed, similar to how title passes in a Joint Tenancy Deed. This Deed avoids Capital Gains Taxes to be paid by the Beneficiaries at time of sale. Not all states allow them.
If you want to pass property to family members, look into a Quitclaim deed


5 Ways To Reuse Your Old Shower Curtain

  1. Drop cloth for painting
  2. Tarp to cover firewood pile
  3. Protect your car's interior or trunk from bags of compost, top soil, muddy boots, etc.
  4. Family size poncho at an outdoor event
  5. Mini-greenhouse or cold frame for the garden. Build a frame with plastic pipe or scrap wood, and drape the curtain over it. Use stakes to secure it to the ground.

 


Space: The Frugal Frontier

  • Think vertical – just keep a step stool handy
  • Hang stuff – use pegboard or hammer nails between floor joists (in the basement) and hand stuff that has a handle/hole
  • Think square – square containers can be stacked and don’t waste volume like circular containers do
  • Be creative – use the space under a couch, under a bed, or under the stairs for your non-perishables – use a storage trunk as a coffee table
  • Keep track to avoid duplication through labels, writing on boxes, and arranging items logically
  • Buy foldable furniture like futons, card tables, folding chairs
  • I have found that I double my freezer space simply by taking the frozen contents out of the boxes that they are purchased in
  • When saving things for future use, save only the small, useful parts like screws, nuts, bolts, springs, and washers
  • Buy things that have multiple uses – a bike can be both transportation and exercise
  • Clean house every spring and have a yard sale – if something doesn’t sell, call the Salvation Army

The stock market bias is higher in the long run and here is WHY

Of course FED money printing, stock buybacks, and mergers play a huge role in sending stocks higher, but the number one factor is the way market averages are manipulated!

The components of the S&P 500 update periodically. Between 1/1/2005 and 1/1/2015, 188 index components were replaced by other components. In other words, drop the companies going bankrupt and replace them with companies in their growth phase.