Another TBB post featuring the most eclectic links around the web such as how to compound career bets, the real AI, Apocalypse early warning system, the best Lake Michigan beaches, century of stock market winners, there is no Trump IRA out there, independent writing in the age of AI, Iran’s new grand strategy, stealing lots of cheese, the greatest bird names of all time, we travel to Nepal and the deepest caves, all the USA World Cup goals and WC ticket gouging, 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!
No clickbait. No ads. No algorithms. No sponsors. No AI. No paywalls.
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.
BLOG HOUSEKEEPING
This is truly a one man labor of love operation, enjoy it while it lasts.
If you were receiving new blog posts in your email and suddenly the emails stopped arriving, perhaps Google is doing its thing again relegating them to the Junk/Spam folder. Can you look in that folder for dates on each Friday and if you find one of my emails in there, please mark it as “Not spam”, thank you.
It is very likely the blog will have a new refreshed look next week. And there may be an interruption in emails coming so if you do not get one next Friday at 8 am please surf over here. Or just bookmark my site and come back here to comment about each World Cup game, it is going to be wild!
QUOTE OF THE WEEK
“Fatigue, discomfort, discouragement are merely symptoms of effort.” – Morgan Freeman
MUST READ GEMS
My kids and some of their friends read my blog. So, I want to single out this career advice article to them. And to anyone under 30, you are welcome:
1. “Surely there’s some trick to paying less taxes?”
2. “I’m nervous about the market. Should I sell everything and wait it out?”
3. “My parents are getting older. It sucks. What should I do?”
4. “What’s the best way to give money to my kids?”
5. Do I have enough money to retire?
…The real question here is less “Can I retire?” and more “What would my life actually look like if I did?” Which is partly a financial question and partly an identity question…A surprising number of people spend decades preparing financially for retirement and almost no time preparing psychologically for it.
Very interesting research findings presented in this article: A Century of Stock Market Winners–And Why Most Stocks Failed to Deliver. The compound buy-and-hold return to the entire U.S. stock market over more than 100 years was 1,504,057%. Yet the median individual stock lost money.
Key Findings:
1. The Market Won Big, Most Stocks Didn’t, but a Few Won Spectacularly.
2. Wealth Creation was Shockingly Concentrated: $91 Trillion—Created by Just 3.7% of Companies
3. Wealth Concentration Is Getting Worse, Not Better
4. Time and Compounding: The Great Equalizers
And here are Five Takeaways That Should Change How You Think About Markets:
1. Diversification isn’t just prudent—it’s mathematically necessary.
2. The average return is not your likely return.
3. Time in the market is paramount—but only if you own the right assets.
4. Wealth concentration is increasing—and this matters for active investors.
5. Treasury bills are a tougher benchmark than most investors realize.
There is great confusion out there around Trump accounts and Trump IRAs. Once and for all: New “Trump IRA Is Fake News”.
CRYPTO/TECH/SCAMS
The May 2026 Ponzi Scheme Blog Roundup. It’s the typical collection of fraudsters doing frauds. But was there anything in there that stood out this time? Yes:
They used investor funds for personal expenditures including casino trips, whiskey club memberships, massages, and cryotherapy treatments rather than legitimate investments. [I understand casinos and massages. But whiskey club memberships and cryotherapy? GTFOH!]
Frost marketed the company heavily through conservative and Christian media outlets, branding it as part of a so-called “patriot economy” that would support small businesses and ministries while delivering annual investor returns of 8% to 16%. [Be a patriot, make 8% to 16% every year, Jesus!]
…he raised approximately $12.3 million from about 150 investors in a fraudulent scheme based on supposed proprietary AI-based trading bots that would engage in high-frequency arbitrage in trading crypto assets. [I have warned here numerous times to run away when you see the word ‘proprietary’. You add to that AI and trading and arbitrage and crypto? You know, I don’t feel sorry for anyone falling for this then, come on!]
Maybe all is not lost for writers? Especially independent writers like me here? The independent writer’s advantage in the age of AI. Sure hope so…Oh, I like the last idea below, charisma and weirdness baby oh yeah.
The value of summary will go down, and the value of secrets will go up
The value of static content will go down, and the value of live interaction will go up
The value of bureaucracies will go down, and the value of founders will go up
The value of polish is going to go down and the value of personal charisma and style and weirdness is going to go up
To quote the great Steve Wozniak, “Actual Intelligence.” The kind we’re born with and can develop if we choose. It’s worth more now than ever before. Alas, it’s rarely taught in school.
The difficult work of making choices
The act of curation [Talking to me?]
Seeking justice
Offering dignity
Knowing when to stop
Investing in deep empathy, not a shallow substitute
Making something that matters
Caring
IRAN WAR
The non sense is still going on…of course, did you expect anything different?
Must read if you are interested in Iran. The generation running things now in that country is not the Khomeini zealots anymore: Iran’s New Grand Strategy.
Rather than breaking Iran, the crucible of war has transformed it in unanticipated ways. To survive and establish new strategic advantages, the Islamic Republic had to adapt and innovate, changing how it waged war, ran the state, and managed society. And it had to do so with unprecedented speed. Tehran is now confident in what it has achieved and determined to consolidate those gains at home and abroad. The war has given rise to a new Iran, one that will reshape the Middle East and influence the course of geopolitics for years to come.
ODDZ & ENDZ
Stealing cheese is apparently big business, wow. The Grate Cheese Robbery. One of the most surprising articles I have read recently, I had no idea that cheese is the most stolen food in the world.
Fun Site! Apocalypse Early Warning System. Well, not until it hits 4/5 or 5/5 that is. Amazing what you find online these days:
In the event of an imminent nuclear apocalypse, we suspect that many people who have access to private jets will immediately take to the skies and escape city centers. This site tracks this indicator in realtime. The current emergency level is reported on a scale of 1 to 5, with 5 being an indicator of a likely imminent apocalypse.
With the tagline: The First Global Network of Homes Designed for Training and Recovery.Unlike traditional booking platforms, Time Chamber Homes lets you book a private room in a carefully selected home that always includes a gym, a sauna, a cold plunge, and the opportunity to connect with other athletes and entrepreneurs.
Did you know the deepest caves are in Georgia/Abkhazia? I sure didn’t! Things you learn reading this blog: The World’s Deepest Caves.
2026 WORLD CUP
I have managed to download and enter all the games in my Google calendar. I need to change my sleeping pattern to be able to stay up late to watch them all. Always so exciting as we are counting down the days before the greatest show on earth begins!
Here we have the 2026 World Cup Squad lists for all 48 teams. Two players for Congo played for my Greek hometown soccer team this year so I am rooting for them. I also see several players from the Greek soccer league as well.
Go Team USA! UNFORGETTABLE USA goals at the FIFA World Cup. When we look back at that Donovan goal we were talking about USA winning it all one day. Which is likely not going to happen in our lifetime or ever most likely. Actually, I hope this year’s team does not implode and somehow can make it past the first round.
Mexico has goalie Ochoa. World Cup would not be held without this guy, he is always there! Sometimes he would go without a club team but World Cup time comes and zing, he is on the national team. Every time, amazing, what a legend: Mexican goalkeeper Ochoa set for historic sixth World Cup. I always liked the Mexican team, love the underdogs when they get to the second round and fall fighting lol. I do not like them against Team USA of course.
Please be kind to all the players in the WC teams who get injured just before it begins.
This blog started with a focus on miles and points and travel. It has evolved since then. Everything below deals with the hobby of collecting frequent flyer miles and points and maximizing your travel experiences. If you are not interested, you can stop here, thank you.
MILES & POINTS
So, here we go again…
The Athens Hilton is gone and we now have in its place Conrad Athens, the Ilisium. Which just opened and here is one of the first reviews, it looks great. I had some great stays in the old Hilton and looking to return here one day to recapture the old magic.
Register HERE for the latest Wyndham Rewards promotion.
Have you been noticing how the negative news in this hobby vastly outnumbers the positive news? And yet, so many online content creators are so cheerful trying to sell you yet another travel rewards card so they can get paid? Anyway, the hits never stop:
The more accounts you open with banks the higher the probability to have problems like this: Bask Bank Data Breach – Name & Social Security Number Included. Can’t believe there are still people out there opening new bank accounts for a $100 bonus or so. Not worth the hassle, I don’t get out of bed for a bank bonus that is less than $1,000 these days lol.
This is a positive: Chase Ink Referral Bonuses Increased to 40K, 200K Annual Limit. But do not forget that Chase gives away these points ONLY if the applicant is a NEW business customer. Which eliminates many of us. So, you can be first if you use my own referral link to help support the blog, thank you.
Southwest Priority ($229 fee): Earn 90,000 points after you spend $3,000 on purchases in the first 3 months from account opening.
Southwest Premier ($149 fee): Earn 85,000 points after you spend $2,000 on purchases in the first 3 months from account opening.
Southwest Plus ($99 fee): Earn 80,000 points after you spend $1,000 on purchases in the first 3 months from account opening.
150k AMEX Marriott Bonvoy Business PLUS $125 Statement Credit: $125 Annual fee, minimum spend $8,000 in the first six months. For more info on the card’s benefits click HERE. (ENDING JULY 15, 2026)
125k CHASE Marriott Bonvoy Boundless + 1 Free Night: Minimum spend is $3,000 over three months.
185k CHASE IHG One Rewards Premier: $99 annual fee. 150,000 points after spending $3,000 in the first three months. And another 35,000 points after spending a total of $6,000 in the first six months.
125k CHASE IHG One Rewards Traveler: No annual fee. 90,000 bonus points after spending $2,000 in the first three months. And another 35,000 points after spending a total of $4,000 in the first six months.
As High As 200,000 Points on the AMEX Business Gold after spending $15k in the first three months
100,000 BANK OF AMERICA Atmos Summit after spending $6,500 in the first three months. And a 50% flight discount voucher
80,000 BANK OF AMERICA Atmos Ascent after spending $4,000 in the first four months. And a 50% flight discount voucher
85,000 BANK OF AMERICA Atmos Business after spending $5,500 in the first three months
75k CITI AAdvantage Business World Elite MasterCard
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MY ACTION AND BLOG BUZZING
I have not had time to do any more award searching for next trip to SE Asia. And my award alerts set in Points Yeah, well, pretty much crickets. Let me rephrase that. I did some award searching on the AirCanada Aeroplan site to beat the June 1 devaluation. And what I found was absolutely horrible. We are talking over 300k miles for one way Business Class fares lol. I mean, are the airlines trying to mimic Delta or what? So when a few hits returned business class fares for 87.5k miles I initially got excited. Only to be greeted with “2% Business Class” WTF! Which only shows up when you click on that fare smh. These were the short flights to either Chicago or Toronto from Detroit, the long legs to Asia in Economy. After ovenighting in some airports on the way to Asia. My Google Flights alerts sometimes return a hit for $4k fares in Business Class and I am getting psychologically prepared to actually do this and, I gotta tell you, it is a little weird lol.
I liked the movie Pressure. I am noticing movie theaters are getting more crowded.
The house renovations are nearing the end. And I am exhausted. I can’t believe how people build houses from scratch, so many decisions wow! And when it gets to furniture…forgetdabout it.
I am meeting a client couple in Cleveland on Sunday morning, they are in town for the Brazil vs Egypt international friendly World Cup warm up game. And guess what, no Hyatt rooms available, WTF! No, I am not going to burn 11,500 World of Hyatt points for a premium suite at that Hyatt Regency at the Arcades property I stayed in last year. Of course I would jump all over it if it was just 11,500 points. But it was a Points & Cash rate. And the cash rate was $500+. Can you imagine the prices during the actual World Cup games? I could book a Hyatt Place for 10,000 points in Canton…just a “short” one hour away, nope. I think I am just going to drive then.
Been using wife’s new Schwab Amex Platinum card already. Schwab credit, check. Lululemon credit, check, One Resy Credit, check. Uber Eats (pickup), check. Enrolled in Priority Pass already and got her the Gold elite status for Hilton Honors and Marriott Bonvoy. YouTube premium entertainment credit to be done shortly. And looking for an FHR hotel in Singapore, any suggestions?
The blog will soon have a new look/logo. What I am not sure is which is going to happen first, the new look or the killing of my credit card links for low sales volume again smh. Whatever it is, it is time for a refresh here, it has been ages and I do care about your beautiful eyes. Going to look something close to this by the way, without the fiverr.com reference of course lol.
I transferred my Chase Ultimate Rewards points from my Chase Sapphire Reserve Business card to World of Hyatt before making the call to cancel the card later today. I was able to use up only about $450 of the card credits, how sad. Just the easy $300 travel credit, the two $50 Gift Card redemption and some Door Dashes…and that’s it. I could not get the stupid The Edit hotel credits to work, not even close. Good riddance, Chase continues its descent. They don’t give a phuck anymore, they are #1 and they know it. Heck, in less than a week with the Schwab Amex Platinum card we are already at the same level of credits than what it took to get there on the Chase Sapphire Reserve Business card a whole year!
Here is us taking $100 off a Resy restaurant in downtown Ann Arbor. We haven’t been here since Covid. Good to see this place still makes killer fish tacos. Black Pearl, thank me later.
Black Pearl restaurant in downtown Ann Arbor. Seeing $100 credit a few days later by Amex #winning
I haven’t had the time to make any new posts on Instagram and YouTube last week. At this rate how am I ever going to take this “venture” to the next level? Ok, don’t answer that. Been focusing on the real job to clear up space for the World Cup #priorities.
To the younger readers and pretty much everyone, protect your hearing! It is so precious. I am paying for all the head banging in concerts in my youth. Come to think of it, the two activities I loved, loud music and marathon running, I over did both it appears and I took myself out of them. Sad but it is what it is I guess. Maybe I keep this blogging thing a bit longer?
I am on a holding pattern right now whether I go for 60 nights to requalify for World of Hyatt Globalist status…
Award searching just continues to be dismal, wife has been asking to book her tickets to Malaysia as prices keep going higher, and on it goes…
I just can’t believe the New York Knicks are here and likely going to win the NBA championship, unreal!
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First! Thanks for the posting and I am looking forward to the new look, though I am always happy with the current one. Starting to think to plan some travel once I get my heart procedure out of the way. Getting tougher to do though as I age. I told ya that before though I think.
Glad the kitchen thing is about done! I’ve done remodeling and such and it is always a pain!
Thanks for all the work you do putting this together. I truly appreciate it!
I read that Foreign Affairs article on Iran a few days ago. Interesting moment for them and I’m curious to see where they end up 10 years from now as it could go in a lot of different directions.
I guess I’m one of the few that thinks oil will hit $150 / barrel this year? People seem too relaxed right now. I think I said this before but right now it feels like about a month before COVID hit.
Any day now next time you visit my site it will look different, very different. The cost will be, at current pace, 4 months revenue, sad lol at me. It’s ok. Did I mention the 150k Chase Sapphire Reserve offer ends in about a week and you should go for it using my links? The posts and videos online now are suffocating. Even saw an “expert” selling it hard on, wait for it, Linked in!
The points and cash rate at the Cleveland Hyatt Regency Arcades property went down to only 11,500 points (same) and $372 for tonight, down from almost $600. Still LOL. I may drive to Canton actually, 10k for a Hyatt Place, maybe go to NFL Hall of Fame finally, we shall see how the day goes. Getting kicked out of the house later this morning for more than a few days to finish the wood floor, the joint is starting to look nice!
Game 2 of NBA Finals was an instant classic. WTF is happening with the Knicks, these guys have been on an outofthisworld run, I mean, they are playing out of their minds EVERY game, how can they keep doing it is a mystery!
@Carl: All the best with the heart procedure. I just don’t see how people build a house from scratch. So many decisions have to be made is…super exhausting. Going to take some time before…we get to the master bathroom upstairs 🙂
@ DML: Carl keeps beating you here, you need to take note and do something about it 🙂 The lady who does the monthly Ponzi scheme update is doing a great service to remind us all about these assholes out there, so many!
@NickPFD: Yep, it could still go in a lot of different directions for sure. Follow up article on FA is “Iran Embraces a Forever War”. Very interesting. What makes this fascinating is having the Iranian team jump through hoops to be here for the World Cup. Well, actually Mexico since they did not want to be based here after all the nonsense with the visas and stuff like that. All 3 Iran games are in the US by the way. You could be right about oil. So many things right now make no sense whatsoever. I mean we are on bubble land with everyone trying to get their hands on SpaceX shares…and I am just sitting back shaking my head. It could be the top…or maybe not. Who knows man. I have been telling my clients all bull markets end and no one knows when. So, we go to back to the disciplined process we have, stay diversified, low cost, rebalance in set intervals and make smart tax moves and focus on…real life. And stay healthy!
The problem with diversification right now is that a lot of the index funds are dominated by a small number of big tech firms who are currently pouring money hand over fist into questionable projects. It feels like there aren’t any safe harbors at the moment.
Diversifying with index funds are like that saying about capitalist that goes something like “capitalism is the worst…but still better than all the other systems” or something like that, forgot how it goes.
As I always said, expect anything in the short term. I keep reminding my clients all bull markets end…
S&P 500 barely moved from 2001-2010. A lost decade (more if you include inflation). But internet stocks were not dominant (except NASDAQ). You can’t hide from this bubble (ok, maybe in Victoria Secrets, up 40% last week). Anthropic sells a service for $200/month that cost $5000 to make. Will we have another lost decade? Imagine you’re a Tesla fanboy. Will you sell some Tesla stock to join the SpaceX hype?
Or maybe stick with the S&P 500 which is the only index family saying No to the Tesla/SpaceX fan boys?
On another note, just burned 150,000 for 2 nights at the Conrad Singapore, 230 meters away from the St. Regis where we have a wedding to attend. Placeholder for now, need to check out them FHR hotel deals next.
The hottest team in the NBA, the New York Knicks, were visited by Trump and they lost. I did not think that New Yorkers could hate this guy even more but here we are…
The Conrad Singapore Marina Bay is a nice FHR. I paired my stay with a FNC and the hotel was nice enough to roll my dinner from the FNC night to the FHR night to use the on-property credit.
I’ve had friends stay at the other Conrad (THC) and like it. You are further away from the Marina whic has +/-s
Thanks for the feedback. I booked the other Conrad THC by the way. We have now been invited to stay with family and we’ll be riding to the wedding with them…it appears. I thought about using one FNC in one of the 2 nights but did not think it would be prudent when cash rate is less than $300 usd. Do you think burning a FNC at the Conrad in Marina Bay is fine? Maybe I am already thinking past WofH Globalist?
Continuing to make changes on the look of the blog which will go live in this Friday’s post. Cutting down on lots of link colors, CAPS, deleting some salesy stuff, links will be underlined going forward, etc.
Heat advisory in Ann Arbor, going to be a super hot day today!
I think burning an FNC is alright, depending on the price that night. Compared to Conrad Tokyo (2021), I think Conrad Marina bay is a step down. Depends on the other possible uses you have for the FNC. WA Cancun FNC got me a ground-level suite with the big private pool. Echardt’s Private Hotel is going to be near impossible to top for an FNC use though.
BTW, there is a Hilton resort across the lake from Echardt’s if you ro anyone find themselve in Queenstown.
Holding off to book any night(s) in Singapore until I book me a business class ticket back to the US. And of course it is slim pickings award wise recently…
Yeah, I am aware of that WA in Cancun. But having been to Cancun not looking to return anytime soon.
Interesting Hilton property in that lake, will take a look at it, just curious now.
Cash might be king for that flight. The dates of my trip to SGP were chosen because EWR-SGP-JFK was about $1500 cheaper per ticket than any other date combination. I forget if I used Amex Travel and their premier airline partnership thing. On a previous trip to RSA, Amex saved me about $800/ticket with their program.
What stands out is another hit to World of Hyatt! This could be the last year of Globalist. If not, 2027 for sure. Time to become hotel free agent and burn more points before they become worthless…hello Hyatt Cat 1 hotels in Asia lol.
So many credit card salesmen telling everyone how to travel hack after discovering the ‘hobby’ recently smh.
@ Nick PFD: What an ignoramus not being aware of the poor souls in those buildings. I clicked and made him even more $.
I knew there was no way Mexico would not win this game, they have been preparing for this for a long time. And Mexico City is such a tough place to play. The South Africans looked completely disjointed and totally out of place, especially in the first 20 minutes. And were lucky to go down by only one goal.. And then the nightmare for the African team started back at the beginning of the second half with a red card. And then another red later one (which I think was harsh). Just a really bad day at the office for the South Africans. I wonder if they just flew in the night before or something. And then…wait, a red card for the Mexicans for a stupid tackle near the end that was totally unnecessary. The Mexicans continue to find a way to…do things like that. Anyway, pretty good opener with more red cards than goals which was in no one’s cards (pun intended).
See you after the 2nd game, I hope I can stay up lol.
I had no doubt South Korea will come back. I can’t believe Czechia is here (you will see me saying this a lot in this WC), I don’t think this team even won a game qualifying. Just many ties and then winning at PKs. And ONLY scoring from set pieces, I mean, I can’t see them going far. But ya never know it is the WC. I always liked the Korean and Japan teams, they go all out and will out run you. The Koreans did not seem very sharp today and I think they will get better. We go from 3 red cards and I don’t know how many yellow cards to a game where the referee floated never pulling a card. All these fans traveling to WC games must be really rich! I remember in the 2014 WC when Greece made it to the second round for the first time ever many fans were crying. And undoubtedly many because they just could not afford to stay around for the 2nd round game, sad lol. And of course the Czechs almost scored 2 today with their heads, which is what they do. I predicted both game winners today, not the score but I’ll take it.
Get ready for Team USA tomorrow!
First! Thanks for the posting and I am looking forward to the new look, though I am always happy with the current one. Starting to think to plan some travel once I get my heart procedure out of the way. Getting tougher to do though as I age. I told ya that before though I think.
Glad the kitchen thing is about done! I’ve done remodeling and such and it is always a pain!
Thanks for all the work you do putting this together. I truly appreciate it!
Carl wins again!
Thanks for the ponzi update link. I had to read that immediately. There was one that was “in business” for 20 years. Wow! That is discipline.
I read that Foreign Affairs article on Iran a few days ago. Interesting moment for them and I’m curious to see where they end up 10 years from now as it could go in a lot of different directions.
I guess I’m one of the few that thinks oil will hit $150 / barrel this year? People seem too relaxed right now. I think I said this before but right now it feels like about a month before COVID hit.
Any day now next time you visit my site it will look different, very different. The cost will be, at current pace, 4 months revenue, sad lol at me. It’s ok. Did I mention the 150k Chase Sapphire Reserve offer ends in about a week and you should go for it using my links? The posts and videos online now are suffocating. Even saw an “expert” selling it hard on, wait for it, Linked in!
The points and cash rate at the Cleveland Hyatt Regency Arcades property went down to only 11,500 points (same) and $372 for tonight, down from almost $600. Still LOL. I may drive to Canton actually, 10k for a Hyatt Place, maybe go to NFL Hall of Fame finally, we shall see how the day goes. Getting kicked out of the house later this morning for more than a few days to finish the wood floor, the joint is starting to look nice!
Game 2 of NBA Finals was an instant classic. WTF is happening with the Knicks, these guys have been on an outofthisworld run, I mean, they are playing out of their minds EVERY game, how can they keep doing it is a mystery!
@Carl: All the best with the heart procedure. I just don’t see how people build a house from scratch. So many decisions have to be made is…super exhausting. Going to take some time before…we get to the master bathroom upstairs 🙂
@ DML: Carl keeps beating you here, you need to take note and do something about it 🙂 The lady who does the monthly Ponzi scheme update is doing a great service to remind us all about these assholes out there, so many!
@NickPFD: Yep, it could still go in a lot of different directions for sure. Follow up article on FA is “Iran Embraces a Forever War”. Very interesting. What makes this fascinating is having the Iranian team jump through hoops to be here for the World Cup. Well, actually Mexico since they did not want to be based here after all the nonsense with the visas and stuff like that. All 3 Iran games are in the US by the way. You could be right about oil. So many things right now make no sense whatsoever. I mean we are on bubble land with everyone trying to get their hands on SpaceX shares…and I am just sitting back shaking my head. It could be the top…or maybe not. Who knows man. I have been telling my clients all bull markets end and no one knows when. So, we go to back to the disciplined process we have, stay diversified, low cost, rebalance in set intervals and make smart tax moves and focus on…real life. And stay healthy!
The problem with diversification right now is that a lot of the index funds are dominated by a small number of big tech firms who are currently pouring money hand over fist into questionable projects. It feels like there aren’t any safe harbors at the moment.
The only safe harbors are guns and ammo 🙂
Diversifying with index funds are like that saying about capitalist that goes something like “capitalism is the worst…but still better than all the other systems” or something like that, forgot how it goes.
As I always said, expect anything in the short term. I keep reminding my clients all bull markets end…
S&P 500 barely moved from 2001-2010. A lost decade (more if you include inflation). But internet stocks were not dominant (except NASDAQ). You can’t hide from this bubble (ok, maybe in Victoria Secrets, up 40% last week). Anthropic sells a service for $200/month that cost $5000 to make. Will we have another lost decade? Imagine you’re a Tesla fanboy. Will you sell some Tesla stock to join the SpaceX hype?
>>>>>>>>>Will we have another lost decade?
Nobody knows – TBB
Therefore, I say:
Diversify 🙂
Or maybe stick with the S&P 500 which is the only index family saying No to the Tesla/SpaceX fan boys?
On another note, just burned 150,000 for 2 nights at the Conrad Singapore, 230 meters away from the St. Regis where we have a wedding to attend. Placeholder for now, need to check out them FHR hotel deals next.
‘Career Bets That Compound’
This should be reposted many times! Thank you for sharing this George.
This comment pleases as much as seeing a credit card sale come through 🙂
And I agree, feel free to share my link then, thanks.
How do you like the new look of my blog?
Feedback appreciated.
The hottest team in the NBA, the New York Knicks, were visited by Trump and they lost. I did not think that New Yorkers could hate this guy even more but here we are…
The Conrad Singapore Marina Bay is a nice FHR. I paired my stay with a FNC and the hotel was nice enough to roll my dinner from the FNC night to the FHR night to use the on-property credit.
I’ve had friends stay at the other Conrad (THC) and like it. You are further away from the Marina whic has +/-s
Thanks for the feedback. I booked the other Conrad THC by the way. We have now been invited to stay with family and we’ll be riding to the wedding with them…it appears. I thought about using one FNC in one of the 2 nights but did not think it would be prudent when cash rate is less than $300 usd. Do you think burning a FNC at the Conrad in Marina Bay is fine? Maybe I am already thinking past WofH Globalist?
Continuing to make changes on the look of the blog which will go live in this Friday’s post. Cutting down on lots of link colors, CAPS, deleting some salesy stuff, links will be underlined going forward, etc.
Heat advisory in Ann Arbor, going to be a super hot day today!
I think burning an FNC is alright, depending on the price that night. Compared to Conrad Tokyo (2021), I think Conrad Marina bay is a step down. Depends on the other possible uses you have for the FNC. WA Cancun FNC got me a ground-level suite with the big private pool. Echardt’s Private Hotel is going to be near impossible to top for an FNC use though.
BTW, there is a Hilton resort across the lake from Echardt’s if you ro anyone find themselve in Queenstown.
Holding off to book any night(s) in Singapore until I book me a business class ticket back to the US. And of course it is slim pickings award wise recently…
Yeah, I am aware of that WA in Cancun. But having been to Cancun not looking to return anytime soon.
Interesting Hilton property in that lake, will take a look at it, just curious now.
Cash might be king for that flight. The dates of my trip to SGP were chosen because EWR-SGP-JFK was about $1500 cheaper per ticket than any other date combination. I forget if I used Amex Travel and their premier airline partnership thing. On a previous trip to RSA, Amex saved me about $800/ticket with their program.
First post under the new blog look?
OMAAT actually had an interesting trip report to a weird place: https://onemileatatime.com/insights/golden-triangle-special-economic-zone/
Chase Sapphire Preferred changes:
What stands out is another hit to World of Hyatt! This could be the last year of Globalist. If not, 2027 for sure. Time to become hotel free agent and burn more points before they become worthless…hello Hyatt Cat 1 hotels in Asia lol.
So many credit card salesmen telling everyone how to travel hack after discovering the ‘hobby’ recently smh.
@ Nick PFD: What an ignoramus not being aware of the poor souls in those buildings. I clicked and made him even more $.
World Cup Time is on!
Today’s game predictions:
Mexico 3 South Africa 1
South Korea 2 Czechia 0
Mexico 2 – South Africa 0
I knew there was no way Mexico would not win this game, they have been preparing for this for a long time. And Mexico City is such a tough place to play. The South Africans looked completely disjointed and totally out of place, especially in the first 20 minutes. And were lucky to go down by only one goal.. And then the nightmare for the African team started back at the beginning of the second half with a red card. And then another red later one (which I think was harsh). Just a really bad day at the office for the South Africans. I wonder if they just flew in the night before or something. And then…wait, a red card for the Mexicans for a stupid tackle near the end that was totally unnecessary. The Mexicans continue to find a way to…do things like that. Anyway, pretty good opener with more red cards than goals which was in no one’s cards (pun intended).
See you after the 2nd game, I hope I can stay up lol.
South Korea 2 – Czechia 1
I had no doubt South Korea will come back. I can’t believe Czechia is here (you will see me saying this a lot in this WC), I don’t think this team even won a game qualifying. Just many ties and then winning at PKs. And ONLY scoring from set pieces, I mean, I can’t see them going far. But ya never know it is the WC. I always liked the Korean and Japan teams, they go all out and will out run you. The Koreans did not seem very sharp today and I think they will get better. We go from 3 red cards and I don’t know how many yellow cards to a game where the referee floated never pulling a card. All these fans traveling to WC games must be really rich! I remember in the 2014 WC when Greece made it to the second round for the first time ever many fans were crying. And undoubtedly many because they just could not afford to stay around for the 2nd round game, sad lol. And of course the Czechs almost scored 2 today with their heads, which is what they do. I predicted both game winners today, not the score but I’ll take it.
Get ready for Team USA tomorrow!