Category: Personal Finance

Max Out of Pocket’s 2020 Spending

If you want to get to know someone, take a look at what they spend their money on. A quick peek at their expenses and their priorities become clear. Even better, turn this exercise back on yourself. There is nothing quite like taking a long hard look in the mirror. But most of us never will. We will just keep on spending our way through life wondering why we can’t get ahead. I could argue...

Max’s $100,000 Opportunity Fund

I suppose I am becoming more conservative in my old age. I hear that happens. Maybe all this talk about our liquidity ratio has gone to my head. Or maybe this is just a victory lap; a cheap symbolic token for me to pat myself on the back and say, “Nice job Max, you finally made it.”  Either way, after being highly invested in stocks/equities through most of the longest bull market in history, I...

Our Asset Liquidity Ratio

There are benefits to having a hobby in personal finance. In a world where money moves products and services, understanding how it works is a powerful thing. When you enjoy learning about it, that makes things even easier. From complex tax law to convoluted retirement accounts, it is worth spending some time figuring all this stuff out. But there are also some basic things we should keep an eye on. One of the metrics that...

The Name Is Bond, Series I Bond

Series I savings bonds have been around longer than the iPhone. They are not as flashy, but I still think they have a nice look to them. They last longer too. If you like paper, they are the only government savings bond still available in that ‘old school’ paper format. Remember the college savings bonds you might have gotten as a kid? I bonds are a lot like those. The only way you can get...

Max Out of Pocket’s Q1 2020 Spending

What can I say? I guess the quarantine got me curious. The current state of the markets and ongoing pandemic motivated me to check in on our spending patterns for the first three months of 2020. In finance, we call this ‘quarter one’ (Q1 2020). I was thinking this would be more of a ‘yearly’ update on the blog. I suppose it doesn’t hurt to check in more often if I feel like it. To...