Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
I’d like to share an anecdote from my personal life which is quite relevant to the world of finance, inflation, and economics. Specifically, I am endeavoring to purchase a house in Durham, North Carolina. I don’t intend to live there (well, hardly ever). It’s an investment property.
Before I dive into my experience, I present to you a trio of charts that SlopeCharts was kind enough to provide. First is the price index in Durham since the late 1970s, which is up hundreds of percent.
I recently watched a movie that I hadn’t seen in years called Breaking Away, which was a 1979 production about a kid in Indiana who was in love with biking and won in one of those “against all odds” type races. I was really into biking when I was young, so it was a favorite film of mine, and nice to re-visit.
I was quite intrigued by this item from the crypto firm Kraken (which is a very successful, extremely highly-valued organization that I have as my own crypto broker). Their headquarters has always been in San Francisco until this…………
I’d like to talk about another tidbit of self discovery which occurred, of all places, at a Tesla Supercharger.
Over the course of the nearly 160,000 miles I’ve driven my Tesla, I’ve visited my share of charging stations. Most of them are in clean, safe areas, sometimes even with cool stuff to see and do nearby.
Well, my friends, this is one of those rare times when the last thing I want to talk about is the stock market. No charts. No retracements. No trendlines or arcs. Nothing. I’m just too damned disgusted with the entire affair. So I’m going to write about something different, and it’s from my personal life.
The majority of our family’s wealth is in California real estate, most of it income generating. Each month, we get a lump sum payment of the accumulated rent gathered from tenants, along with a report as to who paid what, what expenses were incurred, and so forth. Simple stuff.
(more…)
