AI Doubles, Chasing Hallucinations, Planning Retirement Time, Hidden Islands, World Cup Memories

Another TBB post featuring the most eclectic links around the web such as AI doubles, chasing hallucinations, planning retirement time, hidden islands, World Cup memories, inside secret family histories, weird ETFs, human web museum, profitable AI or not, chasing cheese downhill, best amusement parks, the best photography links and of course always all of the most important developments in the crazy world of frequent flyer miles and points at the lower half of the post. And much more. Enjoy the weekend.

 

Blog Mission: To Educate. Entertain. Inspire. In That Order!

Support TBB by applying for CREDIT CARDS or Buy Me a Coffee or click on LINKS

 

If you like my blog please subscribe and share it

No clickbait. No ads. No algorithms. No sponsors. No AI. No paywalls.

Follow me on Instagram and Subscribe to my YouTube channel

 

This blog started way back in 2012 focusing on my crazy hobby addiction of traveling with frequent flyer miles, hotel and bank points. It has since evolved to curated posts featuring the best web content along with my commentary.

 

This blog stays in business with clicks ONLY from readers for credit cards and coffees. You can always get to my credit card links by clicking on “CREDIT CARDS’ at the menu on the top of the homepage or the “We make finding a new credit card simple” banner on the right sidebar. Or, preferably, you can receive new offers in your email inbox by signing up to receive alerts HERE . Or just email me.

 

BLOG HOUSEKEEPING

This is truly a one man labor of love operation, enjoy it while it lasts.

 

QUOTE OF THE WEEK

 

“Educating the mind without educating the heart is no education at all.” – Aristotle

 

MUST READ GEMS 

This is in essence my personal blog. I curate what I find worth sharing. To assist in the mission of educating, entertaining and sometimes even inspiring. And this article below may not be cup of your tea. That’s cool. But I find that it was worthy placing in this esteemed section. Which means it is a gem and I think it is meant to be read in its entirety, no excerpts here. Amazing writing. And you may find it emotional, especially if you have the same issues revolving around your roots or have a dysfunctional family. Which usually go together. So, you have been warned!

Inside The Secret History of the DeGrange Family

 

 

PERSONAL FINANCE

A lot of what I do in my job as a financial advisor revolves around helping my clients retire. And I must admit I am having a much harder time dealing with my own eventual retirement “issues”. And none are about the financial aspects. It goes way deeper which this excellent article deals with: Why You Need to Plan Your Time as Carefully as Your Money in Retirement.

…one word as the key to retirement satisfaction: mattering. [I added the bold font for emphasis]

…research suggests a higher sense of purpose is linked to various health benefits, including a lower risk of death. 

Personally, I can not see myself fully retired. Maybe semi retirement is the way to go? My purpose will be to successfully guide my non retired clients to happy retirement. Anyway, it is incredibly humbling and rewarding to be able to make this choice and have the opportunity to still matter. Health benefits are the cherry on top? Or something like that, we are all trying to figure it out. The key is not to give up…

My other purpose to take this blog venture to an eventual IPO still remains you guys, please laugh, I am. I can see my kids now shaking their heads thinking “There goes Dad again laughing at his own jokes”.

Blog reader Vicky had this comment from last week I found to be worthy to post below. It points to a real problem in my industry. How to make that mental shift from being a saver to a spender. Which is really really hard!

I strongly recommend anyone who is getting close to retirement to get onto the same page as their spouse and get their mindset out of the Save mode and into the spend. I know 2 long term 35+ year marriages where the wife has walked in the past 6 months because of the husbands refusal to change from hoarding every cent and not prioritizing their spouses expressed desires instead focusing on wanting to leave a huge legacy to their kids and I see 2 other marriages going down the same path all because one spouse wants to hoard money of which they have more than enough rather than indulge their spouse with a new car or a 2 week holiday.

Very weird! How Weird Are ETFs Getting? Try UFO and Midnight-Bitcoin Funds.

For a while, this trend is going crazy and it appears the pace is even accelerating smh. Avoid this crap!

Cheap, reliable exchange-traded funds are a basic building block of investing. Increasingly, however, ETFs are becoming a high-cost conduit for concentrated, risky or weird strategies. So investors need to start approaching ETFs with caution. All too many of the newer ones are investment junk food. And, just as with candy, cookies or french fries, filling up on them can be bad for you. This year, 466 ETFs have been launched through mid-May, amassing $62.3 billion in assets, according to Morningstar. Their annual expenses average 0.69%. That’s more than 20 times those of many traditional index funds. Six out of every 10 new ETFs carry annual expenses of at least 0.5%, and a fifth charge at least 1% annually. [I added the Bold font for emphasis, yikes!]

 

CRYPTO/TECH/SCAMS

This is great: Museum of the Human Web. This is the introduction page and it is so beautifully written. And then click on ‘ENTER THE MUSEUM” and ‘enjoy’ what we are losing…

Remember my blog posts about this fraudster? 12 years in jail unless he gets a pardon (and yes he is on it): Insurance Executive Sentenced to 12 Years for ‘Massive Fraud,’ Bribery. Let me refresh your memory about this guy:

He spent more than $100 million on a variety of expenses, prosecutors said, including private jets, a 214-foot-long yacht, luxury real estate, and millions in payments to women with whom he had or sought to have personal relationships. The Wall Street Journal wrote about Lindberg’s unusual insurance-company investment strategy and spending spree in 2019, and later reported on his use of dozens of operatives to spy on women, most of whom he was dating or interested in dating.

 

AI

This is great: Is AI Profitable Yet? Tracking the spend and revenue of frontier AI companies.

We are starting to see more and more mentions in the news of doubles. You know, some of these tech bro CEOs are all over creating digital versions of themselves. If this interests you, I really enjoyed this article and I empathize and agree with the views of the author: The Copy and the Guru.

Look around and all you can see are gurus under their proverbial banyan trees, who make nothing but impart wisdom. They listen to the same podcast, and then regurgitate. They marvel at humanist manifestos. Some even read the Stoics. This is found wisdom, not earned wisdom. The twin is only possible once you have stopped being accountable to reality. The code either runs or it doesn’t. The piece either lands or it doesn’t. That accountability is what keeps thinking honest. Once you move from doing to narrating, you can be archived. Once archived, you can be distributed to the rest of the planet. The question is not about AI and its tools. It is about the culture that created a market for this. What does it mean that we built enough of these people, finished, distributable, no longer becoming anything, to make the digital twin a product category? It is a monument to a self that stopped growing.

Sign of our times? Chasing the Hallucinations. Ernst & Young (EY) Canada published a cybersecurity report on loyalty program safeguards. We chased down every citation. Most were hallucinated.

Wait, as I was about to hit Publish in this post, the latest newsletter by Derek Thompson hit my inbox titled: “The AI Boom Has Entered Its ‘Wait, Is This Worth It?’ Phase”. Which I am going to spend some time reading while drinking my coffee and walking outside…Which means this has not been vetted to be included in my weekly curated post. So, you have been warned, read at your own risk 🙂

 

Similar Posts

22 Comments

  1. “It has nothing to do with the 1990 team butchering opponents to make it to the 1990 WC Final and, thank God, losing to the hosts Italians.”

    1990 World Cup.. Argentina lost to West Germany. Italy finished 3rd.

  2. Thanks for the great links today!

    Interesting that you are returning to Delta. I’m particularly fond of changing planes
    in Detroit. If that’s your home airport, Delta is direct to so many places.

  3. Great post George.
    I kind of sympathize with your hatred towards Argentina but a couple caveats. Argentina lost that WC Final against Germany after an invented penalty, 2) I used to love the dutch but after 2010, when they butchered everybody, driven by psycho Van Bommel, and almost killed poor Alonso in the final, not so much. Also they robbed that SF against Uruguay, so even less so.
    3) they have Messi, who is the least Argentinian of any Argentinian players I’ve ever seen. Hard to not like the guy. And all these from a Uruguayan guy, with a hate/love relationship with Argentina.

    Football aside, kind of same boat with Globalist. Still not clear with program would be a good complement going fwd.

  4. Good island list! I haven’t been to the Nicaragua one mentioned in the article but I will say that if you’re ever in Granada, Nicaragua an easy and fun activity to do is go visit Las Isletas (the little islands in the lake nearby. You could even buy one if you wanted, they come up for sale periodically and there are some reasonably priced ones by island standards.

    And even though I’ve lived in NC for decades Plymouth Island had not made its way onto my radar yet. New travel goal unlocked!

    Finally: how can you include all those links and leave out the unbelievable last-second game-winning goal vs Algeria in 2010 that got us past the group stage?

    https://www.youtube.com/watch?v=b7eZmKWW9s4

  5. Ugh! Finally found today’s post after a *massive* email program melt-down. Most all morning has been fixing stuff and resetting stuff. I’ve no idea what caused it all but over 100 seemingly hard to delete junk mails were clogging my in-box. Big mess!

    Lots of good stuff here and as per usual, I will take my time reading things. I like to dip in and out as otherwise, I will spend hours working through the links! It is very much appreciated!

    The painter is coming by later today and hopefully he will start on painting the house within a few days. I’ll send a pic when done, but just to let you know, it is going from two-tone red with yellow trim to Purple with bright green trim. It will be marvelous!

  6. @ DML: Wife retiring, choosing comfort is more important. I have been avoiding Delta for a very long time using miles to fly on AA mostly and some United domestic flights. And of course on Lufthansa to Greece/SEAsia out of DTW first. But last batch of flights on AA have been disastrous. And United has very limited flights out of Detroit. Southwest would still work sometimes. So, I guess what I am saying it is time for Delta. But still, for the last trip to Seattle, wife booked on Delta and used my miles to fly on Alaska Airlines 🙂

    @ Peteco: I was expecting more attacks from Argentina fans from my post 🙂 I fixed that mistake for the 1990 WC. I stopped loving the Dutch after about 1990 or so, nothing resembled their teams in the 70s to early 80s or so, Total Football was such pure joy to watch. Loved this comment about Argentina, brilliant LOL material:
    >>>>>>>they have Messi, who is the least Argentinian of any Argentinian players I’ve ever seen.
    What I always thought about Uruguay was this: I would hate every single one of them if I played against them. And I would love to have a Uruguayan player in my team every time! 🙂
    Yeah, rethinking that Hyatt “loyalty”, it’s been going that way with everything in this hobby lately it appears, they are on to us.

    @ NickPFD: Good you like the Travel links. Sometimes I wonder if my blog is turning away from it. But it will always be the roots of its existence. Especially with “Travel” in its name and URL.
    Oh yeah I remember that Donovan goal. And I was never a fan of him 🙂 More WC links coming, starting to feel the excitement. Hope it leads to more US fans of the beautiful game.

    @ Carl: Email computer problems suck, good luck! Purple with bright green trim? Sounds marvelous and fabulous 🙂

    Deck furniture is on the deck. Which officially marks the beginning of summer in Ann Arbor, Michigan

    Enjoy the weekend everyone. Champions League Final at 12 noon. I don’t give a phuck for either team so I just hope I watch a good game 🙂 Maybe go with Arsenal since Paris PSG won it last year?

  7. Zzzzzzzzzzzzzzz

    Watching this Champions League Final hoping to get to PKs for some excitement, smh.

    I think these days there is so much at stake in these games that teams just don’t, you know, roll with it and go all out. I am afraid at the WC the heat and the fact that many of these players have played so many games may lead to some games we will be forgetting soon after the final whistle, I hope I am wrong.

    1. I’m more concerned about the ridiculous WC ticket prices!
      milesearnandburn, shut down, what is the “ Uncapped 8x earning” referring to?

      1. And just when you thought FIFA could not get more corrupt…

        No idea about that 8x reference, I am out of the hardcore hacking game, too busy with everything else, including bringing you this blog paying out of my own pocket!

  8. Even the PK’s of the Champions League Final were boring. Sorry David for the Arsenal loss, always sucks to lose in PKs, especially by a few inches 🙁

    Told you all that this Wemby dude is the 2nd coming of Michael Jordan. Shocked they took OKC Thunder to 7 games and I still can’t get over what they managed to do in Game 7 in Oklahoma City. Who are these guys around Wemby playing like this? Absolutely bonkers to have both San Antonio Spurs and New York Knicks playing in the NBA Finals.

    Friday used $15 of Uber Cash to go pickup some fried rice from wife’s favorite Chinese restaurant. And yesterday we claimed the $100 quarterly Resy credit to revisit the Black Pearl restaurant in downtown Ann Arbor. And confirm this joint still makes the best fish tacos in Michigan. I guess we are living the Amex Platinum life LOL.

    Time to catch up on everything today, you enjoy your day.

  9. Hey George, (and everyone else), The Citi Custom Cash cannot be *applied* for any more. But you can still convert a different card to it. At least still as of today.

    Let’s say you were still holding a Citi Rewards+ card (Now just Strata) and called in and asked if it could convert over to a Custom Cash. Well, in my experience, today, it takes exactly 6 minutes and 38 seconds to get that done. Custom Cash card # 3 will soon be in my hot little hands! That turns a ~100 point a month card into a solid 2500 point a month winnah!

    I also tried converting one of my 2 AA cards over (Both had moved over from Barclay) but it was a No-Go. I think because the card was less than a year old because the lady even said call them back in September!

    1. Yeah, there have been many card product changes to Custom Cash. Who knows how long Citi will keep them in present earning form though. Citi does Citi things, ya just never know what they will come up with.

  10. I think we all tend to over analyze the should we shouldn’t we argument over Hyatt Globalist. If we take ego out of it, what does it really matter if we don’t have it. We have never applied a value to our points because unless the bank will give me hard cash it’s just funny money. My decision is usually based on how I feel about spending money and how many points I have an do I have a purpose for them in a few months etc. If one is only staying at Hyatt Place and the ilk why do you need status? If one is only staying at US properties, once again status probably has the same value as a roll of toilet paper. And we have to always remind ourselves what is the plan for next year because maybe if the answer is very little it’s a year to take off from pursuing status. Personally husband will requalify next month but that has come organically and we only stay at properties we enjoy. I’m at 16 nights and have no intent to do the spend to hit 20 which is meaningless and certainly not aiming for 30. Other thing is the aspirational we are all encouraged to think of as being Mecca. I think we all really need to ask ourselves is it aspirational for me or is it because it has category 8 against it’s name. We’ve had 4 trips to Sydney this year and we have not aspired to stay at the PH. Have had previous stays and it certainly was not a meaningful guest experience. We instead stay at the Category 3 Caption which is $200 vs $1200, we get good rooms, great customer service, they reward returning guests and it’s a great experience. We should all only aspire to what suits our personalities, not a number besides the category.

  11. Another excellent deep comment for us all to think about.

    If yr husband was not going to hit 60…you would be thinking otherwise?

    So hard to break this addiction. Next post will link to video with extended takes on what Hyatt’Hyatt’ss CEO said. Which should make it easier for us to break this addiction…I think.

    I am torn on what to do. That 30 night abt $68 per night deal at the Bangkok HP Soi 24 is a prepaid rate. And things happen. But without it I don’t see myself reaching 45, maybe 50. Still have the Visa spend but hate doing that with such scrappy X categories. And are we ever going to see that Premium Hyatt card, this decade?

    Other than that, just sent in the paperwork for a 5 year tourist type Thailand visa. Just to secure it as many changes in Thai policies are likely coming soon.

    Whoever sang I don’t like Mondays was right lol.

    1. I know it is easy for me to say don’t bother when we have been able to achieve it so easily. However, if it was not for our current trip to Asia I don’t believe we would have been able to qualify. We have a lack of properties in Australia, and post leaving the US even though we have the Hyatt CC our spend is not sufficient to be able to qualify using that method. Next year we are off to Europe and in London we are just as happy to go out to a cafe for a 5 pound cup of tea and sausage sandwich vs sitting in the lounge. For us the value is in having the points to get the room for free. Also if we are putting all the spend on the Hyatt card not earning very many CSP and no ability to increase Singapore miles. We don’t prepay our stays, too much risk involved as we age. We’ve had to cancel three big trips past year and thank god we were on cancellable rates.

      1. Yeah, I am going to take some time to commit on prepaying for 30 nights then…

        We are all reevaluating our relationship with these loyalty programs these days. As they go dynamic, we should too, it seems fair 🙂

  12. Brazil looked tired and mega jet lagged losing to Japan in Tokyo 3-2 after being up 2 at halftime. Looks like Japan has the same coach for the last 30 years +.

    1. Just realized that game was 3 months ago lol.

      No way to stay up for Game 1 of the NBA Finals. I need to change this when WC games start!

  13. I just can not believe the NY Knicks are playing so well…it makes no sense!

    On the other hand, in case you missed it in 1,369 other blogs/YTube videos, the 150k Chase Sapphire Reserve card offer is ENDING SOON and you got to ACT NOW and stuff like that. After selling one card in May and one already in June(!)…I am not going there you guys.

    The movie Pressure was pretty good I thought. I almost went to see Backrooms but I have a feeling it may be like that other “indie” Obsession movie, which I thought it was unwatchable.

    Picking new furniture may bring down this house LOL.

Leave a Reply

Your email address will not be published. Required fields are marked *