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I have not been taking these that long but I experimented cutting the tamsulosin. Seemed I still need so still taking both, for now.

We pushed the Greece trip to September in favor of a Caribbean island hopping trip. St John, Jost Van Dyke, Virgin Gorda and Anegeda. First visit to Anegeda. Have not been to Virgin Gorda in 25 years since an epic stay at Bitter End Yacht Club. We will visit there but staying more mid-island...

Saddened to hear this Harllee. So sorry for your loss and that of your friend's family.

Well, if I were accounting for my investments and issuing financial statements to myself, and I purchased an annuity for $500k (large chain of implausible "ifs"), I would not record a $500k expense. I would find that to be illogical and inconsistent with my status as a "going concern". So I...

With today's rate spike (and perhaps more coming) CD deals should improve.

I'm AA lifetime AAdvantage gold. It is nice. Most of our points travel these days is on domestic American booked using British Airways Avios. Still get a lot of value that way. And still get premium seats, free checked bags etc.

Yes. My method is no substitute for needed counseling. ;)

When I lose something, I go to the last place I knew I had it and retrace steps from there, talking my way through. It works.

True. And lots of opportunities that do not require speculation.

I do not dislike accounting. It can just provide answers that may be accurate but not very useful.

Well, one other interesting point my old CEO would dust off when, say, we wanted some dispensation from our controlling investor. Should we request it ? "Well, we know what the answer will be if we never ask" he liked to point out, accurately.

I did not notice anyone arguing for new authoritative accounting pronouncements. But this does remind me of the balloonist who lost his way in a storm after which his balloon landed and came to rest in a newly plowed field. He asked the only person within earshot, "hey can you tell me where I...

Higher rates slow economic activity. Most consumers are net debtors, not net savers. And just because the economy is still growing nominally (though slowly) does not mean higher rates have not slowed economic activity. In fact if you look at the path of growth since hikes started the...

Not without leverage and you do not seem to have any. Anything they give you would be a bonus though, would it not? I retired at a time of my choosing and did not receive jack crap for it, though I was an exec and have crafted lots of severance packages. No regrets whatsoever. You can't...

I would value it initially at what I paid for it. Over time I would value it at the present value of expected payments. Again, I am a going concern. I have no reason to assume I will die today and thus value something I just bought for thousands of dollars paradoxically at zero. And I do not...

Back to the original question, I would certainly call an annuity an asset. And I think most folks view themselves as "going concerns" and therefore an annuity paying money every month as having value. Otherwise when you buy it you record an expense equal to the amount invested which seems...

I never heard of anyone complaining about inherited money because they had to pay tax on it. Isn't an inheritance like found money? So this is not something I would do. Will your strategy leave them more net cash or less?. Hard to know or say.

Great to hear, and welcome back!!

Hi yield savings at CFG bank continuing to do the job at 5.31%. Have not seen CDs that make a lot of sense to me--yet. I'm hopeful this spike will.

Maybe in this spike we can get some 5 yr 5% CDs. I remember when we were being told rates would go much higher by now..So much for that.

I think this is largely correct that these are inflation headwinds. The China decoupling may not increase costs much as China is not as inexpensive as it once was and places like Vietnam or Mexico may be rather competitive. Interest rates cut both ways. The higher rates probably deter new...

Exchme has it right. I recall brokers calling to pitch these to me when I was a tax accountant working in the O&G industry. I was smart enough to avoid them then. Great story from gcgang, but unless Dick Cheney is in, I would let it pass.

The Producer Price Index (PPI) registerd 0.2% in March, down sharply from 0.6% last month, and below the 0.3% expected. Core PPI was 0.2%, as expected. This breaks the string of higher than expected inflation readings, at least for now...

People commonly "dispute" national price trends by using their own anecdotes as "real" and labelling the national figures as faulty. The error being made should be obvious.

Certain foods are barely up over the past year. There was been some relief in the grocery aisle. But overall this report was a bit challenged. The PPI tomorrow and the PCE will either add to or reduce this concern. But it seems like housing is continuing to look rather flawed. It has to...