Late Bloomer Wealth

Month: July 2019

Steve’s Portfolio Report Q2 2019

Happy Summer. I think it is safe to say that most people would admit that summer is our favorite season. It’s my favorite for one good reason, my birthday is in July! There is nothing negative with plenty of sunshine, warm air and fluffy clouds to keep all of the lush greenery alive and growing. It is also the halfway point and a time to gauge our investments to see if our portfolios are behaving and growing like the summer flora all around us. Is my portfolio following a similar path of returns with the broad domestic and world stock and bond markets?
Hope you enjoy my presentation about how my portfolio of stocks and bonds performs with the overall stock and bond markets.

Dealing with Bureaucracies

Four months before my birthday, I got my notice in the mail that my driver’s license will be expiring on my birthday. This blog post is a brief escape from the maddening world of personal finance and my quarterly portfolio reports. This is one of the necessary activities that all of us will have to undertake sometimes in our lives. However, I don’t remember the last time I took the written test to earn my driver’s license. Thus, I had to study.
No doubt the Department of Motor Vehicles and the Veterans Administration are two huge bureaucracies but, in my opinion, they receive over the top criticism. They are both underfunded, understaffed and unappreciated through no fault of their own, so what else is new. It is certainly not the fault of the people who looked at my documents, administered the test or provided me with Veteran Status Verification Form. On top of all the talk about inefficiencies, long lines and funding troubles that our governmental institutions are in these days, I experienced helpful V.A. volunteers and DMV’s good employees.

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