Wealth of Top 1%, Korean Stock Market Crash, UNESCO Mount Olympus, Thailand Retirement Visa

Another TBB post featuring the most eclectic links around the web such as the wealth of Top 1%, the Korean stock market crash, UNESCO Mount Olympus, Thailand retirement visa, how to supersize your retirement accounts, cost of aging, diversification is awesome, AI jobs situation, young runners and trackflation, mysteries of missing passenger flights, top 100 coffee shops, global air travel is at its peak, the best photography and Thailand 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!

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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.

 

QUOTE OF THE WEEK

 

“It is our choice of good or evil that determines our character, not our opinion about good or evil” – Aristotle

 

MUST READ GEMS 

Title of this section is misleading, it should be MUST WATCH GEMS since I only have a video for you below this week:

Best Goal of the 2026 World Cup

 

PERSONAL FINANCE

This is great advice: The Everyday Guide to Supersizing Your Retirement Account.

Sobering facts: As the cost of aging soars, families’ wealth is evaporating Growing old is eroding the inheritance Americans hoped to leave behind, a Washington Post analysis found. Many will have nothing to pass on.

Nationally, the median cost of a private room and basic services was about $74,400 a year in 2025, according to a CareScout Cost of Care Survey. For those who need the more extensive services of a nursing home, the annual median cost was $129,575 for a private room. Seven years of that for someone with dementia, and the bills would add up to nearly $1 million.

This is great! Invested InsteadYou bought the thing. You could have bought the company. 

Pick a product. We take its launch-day price, pretend you put that money into the manufacturer’s shares the same morning, and show you what it would be worth now. Sometimes the thing was the better buy.

I am just going to drop this here and move on…

 

TECH/SCAMS/CRYPTO

If you are a crypto bro, don’t take it out on me, I am just a curator here ok? Anyway, I agree with the author and I just wonder how this ship has not burned down yet: Bitcoin is a Zeppelin. And if it doubles again from here you must realize that if you own none of it you lose nothing. By not losing and staying invested and, more importantly, staying diversified: 4 Ways Portfolio Diversification Has Paid Off in 2026.

I think I warned about these two dudes when they first came out with a “brilliant” idea to have investors send their crypto company money to buy real estate in the US. And of course you know what happened next: The $140M Real Estate Company That Trapped Thousands of Investors. Don’t ever do that, come on!

 

AI

Stanford does a deep dive on this: What is really happening to jobs? Separating AI hype from reality.

Key takeaways
  • AI’s effects on overall employment is likely small, though a tough job market for new graduates may be partly due to AI.
  • AI’s impact on worker productivity is mixed but generally positive.
  • Firm adoption has accelerated but unevenly across the economy.
  • Early evidence is hardly the last word on the future of work in an AI world.

Hot shots like this guy stay hot for a little while and then they crash and burn: AI investor Leopold Aschenbrenner forced to unwind all public stock positions after steep losses, sources say. Talking about crashing, the South Korean market has seen one of a kind of a bubble burst. Back in March, the main KOSPI stock market index went nuts, as in going from 5,000 to over 9,000! But starting last month it has been back down all the way to where it started. And in the meantime, many Korean investors speculators lost everything because they were going all in and leveraging at insane levels. Because, in bubble times, it appears you just can not lose. I have seen this movie before, experience matters.

 

 

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4 Comments

  1. “110,000 American Airlines miles for one way First Class from Detroit to Bangkok (via Dallas and Tokyo Haneda) flying AA and JAL” – is the DFW-HND leg in JAL’s F cabin on the A350?

  2. Hey Buzz-

    I had my first hands-on AI experience this week.

    I read an article that said the Beach Boys have cancelled all their concerts for the next few months. It didn’t give the reason for the cancellations, but at the bottom was a small box that said “Meta AI: Why were the concerts cancelled?”. I hit the box and AI provided an answer.

    The AI answer was that original Beach Boy Brian Wilson has had numerous mental and emotional issues over the years and these may have led to the concerts being called off.

    Then I remembered that Brian Wilson hasn’t performed with the group touring as the Beach Boys since 2012. And he died last year.

  3. Lots of good stuff as always! I have finally decided that I like the new presentation, I just had to get used to it. It took a while I guess because I am an Old. The chart of the 1% vs the 90% bugs me and this kind of thing, the worse it gets and the longer it goes on is what will bring class warfare of some sort. Things are out of balance.

    That trip of yours you are planning sounds like a genuine humdinger. I am sure you will have a blast. Trying to figure my next travel and am starting to wonder if I will get to it. I hate group tours and stuff but some of the tours with all the pre-planning being done by others feels a bit more tempting than it used to be. More of the being an Old, I suppose.

    Thanks as always for the work you do to send this out to us. I truly appreciate it and your friendship.

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