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Wednesday, June 11, 2020
From Hedonic Adjustment - view blog entries - visit this blog
June 11, 2020 at 6:10 am ET
Just a puff piece in Business Week about how upper-income families view Barack Obama's talk of "taxing the rich":By any measure, Dr. Howard Hammer and his wife, Hope, have a comfortable life. Hammer, 40, has ... (more)

Tuesday, June 10, 2020
From Hedonic Adjustment - view blog entries - visit this blog
June 10, 2020 at 7:00 pm ET
I'm really trying to spend less time writing about the various crimes and misdemeanors perpetrated by the erstwhile custodians of our financial system and more time on things that make me happy.But it's a struggle.Read ... (more)

Friday, June 6, 2020
Lucky guy (4 clicks)
From Hedonic Adjustment - view blog entries - visit this blog
June 6, 2020 at 6:14 am ET
That would be me, of course, for lots of reasons.The sweet deal for today is my housing/commuting situation: It is 7 miles from my house to my office and my commuting car gets 28 MPG. ... (more)

From Hedonic Adjustment - view blog entries - visit this blog
June 6, 2020 at 6:08 am ET
When I resumed writing this blog in the fall of 2007 after a year off, I had this vision of writing a really good blog. Well-written thoughtful posts, interesting links, useful resources.So what happened?Well, let's ... (more)

From Hedonic Adjustment - view blog entries - visit this blog
June 6, 2020 at 5:43 am ET
Over at Paper Economy, lots of chatter on the housing bubble, including some excellent coverage of how the various shills over at the National Association of Realtors(r) have attempted to trash Robert Shiller's house price ... (more)

Wednesday, June 4, 2020
Two cool blogs (10 clicks)
From Hedonic Adjustment - view blog entries - visit this blog
June 4, 2020 at 5:49 am ET
There's the part of this blog that is focused on a higher purpose -- freeing myself from the shackles of worry and doubt about money -- and then there's the part that's focused on making ... (more)

Monday, June 2, 2020
From Hedonic Adjustment - view blog entries - visit this blog
June 2, 2020 at 6:38 am ET
Three from the field...Retirement Savings: Historical NormsCheck out this paper, with the mind-numbing title Empirical Regularity Suggests Retirement Risks. It's authors include one of Hedonic Adjustment's faves, Alicia Munnell. It's actually a quick read, and ... (more)

Thursday, May 22, 2020
From Hedonic Adjustment - view blog entries - visit this blog
May 22, 2020 at 6:08 am ET
I was trying to find an article from FPANET the other day. I knew that I had referenced it somewhere in this blog, but I couldn't find it.It's a good article, very useful. I figure ... (more)

Saturday, May 17, 2020
From Hedonic Adjustment - view blog entries - visit this blog
May 17, 2020 at 7:17 am ET
Poor George, no friends even at the Wall Street Journal:Though the oil market's problems are complex and deeply entrenched, Mr. Bush likely can't escape some blame for the current price spikes. The U.S. invasion of ... (more)

Friday, May 16, 2020
From Hedonic Adjustment - view blog entries - visit this blog
May 16, 2020 at 7:00 pm ET
That's right. A nine hundred dollar heating oil bill. The same day the stimulus payment arrives. ... (more)

From Hedonic Adjustment - view blog entries - visit this blog
May 16, 2020 at 5:38 am ET
... (more)

Wednesday, May 7, 2020
Time for a break (3 clicks)
From Hedonic Adjustment - view blog entries - visit this blog
May 7, 2020 at 8:42 pm ET
Ugh. Too much time spent thinking about money. I need to take a break. Losing sight of what's really important.Hey, but if you like thinking about money, here's a pretty much awesome retirement savings calculator: ... (more)

Tuesday, May 6, 2020
From Hedonic Adjustment - view blog entries - visit this blog
May 6, 2020 at 7:09 am ET
Even though I'm not strictly AARP-eligible (11 months to go), when they sent me an invitation to join, I leapt at the chance. $39 for a five-year hitch.What do I get for my forty bucks? ... (more)

Monday, May 5, 2020
From Hedonic Adjustment - view blog entries - visit this blog
May 5, 2020 at 10:34 pm ET
Jane over at Boston Gal's Open Wallet is a top, top personal finance blogger. Focused, disciplined, and with real financial goals for herself. But this post of hers stopped me cold:Every so often you hear ... (more)

On the run (5 clicks)
From Hedonic Adjustment - view blog entries - visit this blog
May 5, 2020 at 6:13 am ET
I've got this stack of e-mail drafts, pieces of paper, and ideas floating around in my head for blog posts, but I have no time to do anything about it.The $100,000 QuandaryOne of the most ... (more)

Monday, April 28, 2020
Fairness (4 clicks)
From Hedonic Adjustment - view blog entries - visit this blog
April 28, 2020 at 7:42 am ET
The Bright Side of Debt writes about her struggle to pay off a series of medical bills incurred when her husband was sick. I naively asked her whether she had health insurance -- she does, ... (more)

Wednesday, April 23, 2020
From Hedonic Adjustment - view blog entries - visit this blog
April 23, 2020 at 5:52 am ET
Household income distribution for the town where I live:... for the town where I shop:... for the town where I work: ... (more)

From Hedonic Adjustment - view blog entries - visit this blog
April 23, 2020 at 5:46 am ET
From Mark Hulbert at the Times comes an article suggesting that trying to adjust your asset allocation mix as you age is at best useless and at worst counterproductive.CONVENTIONAL wisdom recommends that investors start with ... (more)

From Hedonic Adjustment - view blog entries - visit this blog
April 23, 2020 at 5:32 am ET
The year before we were married, Ms. Bluebird and I made about $300,000 between us. We each were living lives of frugal singlehood. She drove a Saturn. I had a VW. She lived in a ... (more)

Monday, April 14, 2020
From Hedonic Adjustment - view blog entries - visit this blog
April 14, 2020 at 6:51 am ET
From this morning's Journal:"When millions of people are going hungry, it's a crime against humanity that food should be diverted to biofuels," said India's finance minister, Palaniappan Chidambaram, in an interview. Turkey's finance minister, Mehmet ... (more)

Saturday, April 12, 2020
From Hedonic Adjustment - view blog entries - visit this blog
April 12, 2020 at 8:27 am ET
The Journal is running a puff piece today about job insecurity among Wall Street workers.Derek Thornhill never imagined he would be canceling vacations and cooking dinner at home to save money. In 10 years working ... (more)

Friday, April 11, 2020
From Hedonic Adjustment - view blog entries - visit this blog
April 11, 2020 at 6:42 am ET
So those clever bootses over at Lehman have taken a bunch of their toxic debt, shoveled it into a CLO, bought a few expensive lunches for the bond ratings guys to get an A rating ... (more)

Thursday, April 10, 2020
Grim News (5 clicks)
From Hedonic Adjustment - view blog entries - visit this blog
April 10, 2020 at 7:21 am ET
While the fatuous Alan Greenspan works frantically to burnish his reputation (and preserve the impact of his Randian free-market obsession), the Journal observes that the world is now engulfed by rapidly igniting inflation.Kimberly-Clark Corp., maker ... (more)

Wednesday, April 9, 2020
From Hedonic Adjustment - view blog entries - visit this blog
April 9, 2020 at 5:39 am ET
Jon Clements has published his last column with the Journal. He will be missed!Amongst the clamor and clangor of what passes for personal financial journalism ("10 Secrets to Instant Wealth"), he consistently offered simple, sane, ... (more)

Tuesday, April 8, 2020
From Hedonic Adjustment - view blog entries - visit this blog
April 8, 2020 at 6:01 am ET
Hedonic Adjustment is an all-Macintosh household. (Well, there's a PC in the basement that used to be a file server, but since we got a Time Capsule, the PC's been on craigslist.) At work, I ... (more)

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