You don’t need an EarthRoamer to see America. But it would be cool if you had one. Imagine where you could go. Save your money, learn a few tricks from the experts, and create your own expedition. What are you waiting for? … [Read more...]

You can thank low interest rates for the temptation to seek higher returns. Don’t think for a minute that risk/reward no longer applies to you. Like gravity, it’s always there, even if you can’t see it. Unfortunately it’s never fair when those with good intentions get burned. But it happens all the time. In The Wall Street Journal, Jean Eaglesham reports on a scam that duped investors for $100 million. She writes: Scott Kohn, a 64-year-old felon, ran a company from a Nevada strip-mall mailbox that investors claim took them for more than $100 million in losses. Mr. Kohn’s company, Future … [Read more...]

There’s a couple of ways to get in to the International Tennis Hall of Fame: Dedicate your life to the sport and realize incredible success or, cross Bellevue Avenue from my office and enter the historic complex by foot. This week, as is tradition following Wimbledon, competitors are in town for the Dell Technologies Hall of Fame Open. It’s a wonderful time to be in Newport for players and fans alike as both mingle about town enjoying what Newport has to offer. If you’re a tennis fan and have questions about your investments, swing by for some coffee before heading across the street for the … [Read more...]

Here’s a wonderful story about my friend Marty Quadland and the rebirth of his 1972 DeTomaso Pantera: “A Coyote in Wolf’s Clothing,” featured this month in Hot Rod: Following retirement, Quadland realized a dream of his and moved west to the mountains of Wyoming. In preparation, he downsized considerably, selling his SCCA race cars, several motorcycles, and a late-model exotic, and, for the first time, he considered selling the Pantera. His son intervened, however. “I saw the look on my son’s face when I told him I might sell it,” he recalls. “He thought the Pantera would be his someday. I … [Read more...]

If you are like many soon-to-be-retirees in America, you're looking forward to getting away from your cold, northern, probably-high-tax state and settling down in retirement in a southern locale with low taxes and warm winters. But, how can you know where you'll like it best in your Golden Years? (for information on choosing a low-tax state, see the Richardcyoung.com Liberty & Freedom Map here). Last month I encouraged you to do some A/B testing. Live short-term or spend a vacation in some of the places you'd potentially move to during retirement. Without actually staying there for a … [Read more...]

You want to make sure your retirement plans are right for you. As I wrote to you yesterday, testing or experimenting by actually living in your chosen destination, for at least one season makes sense to me. You could also see what it’s like to be retired by taking a prolonged vacation. Put yourself in that retirement mindset. In other words, you are in charge of your retirement. It’s no secret retirees are moving to places where their money is treated with respect. But it’s beginning to become pretty crowded in certain spots. Take Nashville, TN for example. Cameron McWhirter reports at The … [Read more...]

When Shep and Ian Murray quit their jobs in New York City back in 1998 to sell ties in parking lots on Martha’s Vineyard, their business plan was simple: “Twenty years ago, as Silicon Valley casual wear spread east, the timing for a necktie business seemed awful. But the Murrays settled on a contrarian thesis: Yes, guys were wearing ties less often, but when they did, they wanted to make a statement. And neckwear had high margins and no sizing issues,” writes Steven Bertoni in Forbes. Every summer, when my family visits their flagship store in Edgartown, Vineyard Vines is packed. The brothers … [Read more...]