Can You Retire at 30?

When I was about twenty-six and living abroad, making good money and saving a lot, my father introduced me to the idea of investing and saving for retirement. He had retired with a lump sum that he invested, and was learning a lot more about financial advising. So, he got me started with an IRA and investment account - some stocks and mutual funds. With his information about saving ten percent and the magic of compound interest, I started of with those dreams of a millionaire's retirement. In fact, a part of me started to believe I could retire with millions by the age of fifty ... Or younger.

As I approach my mid-forties, I accept I won't be sitting around with millions in my fifties. However, I still wonder about those stories of people retiring in their thirties. Because it is possible, and you don't have to live you're twenties in poverty to do so. That's the story of The Mustache Money Man, who retired in Longmont, Colorado at the age of 32, with a cool $800K in the bank. By saving money on the little stuff, investing wisely, and planning for retirement, MMM did actually retire that early. Most people who research investing and retirement plans know the advice from The Automatic Millionaire author David Bach who warns about the latte factor. And MMM certainly follows that advice. He carefully selected where he could afford to live well for less, and he made prudent decisions about car payments and mortgages and daily luxuries.

Certainly, MMM has learned to live simply in exchange for his early retirement. And not everyone could make such choices or live in such a way. However, it is interesting to learn MMM's story and keep an eye on his advice. Living the dream the way MMM does is absolutely doable - it's simply a matter of some research and choices.

Lovely Loses Again on Next Food Network Star

OK, can we just declare Nikki Dinki the winner of season 8 of the Food Network's Next Food Network Star. Clearly, she is the only finalist in a very weak field of contestants who even has a chance of hosting a watchable show on the Food Network. Nikki won again this week, taking the first challenge and then putting together a team - with good choices of Demaris and Stacy - to win the food promo competition.

Lovely returned from the Food Star Redemption competition - in a baffling decision by Robert Irvine. What the Restaurant Impossible host saw in Lovely defies all sense that he is a true culinary artist. Lovely never made anything that my wife can't whip up in the kitchen on any given Tuesday. And the dishes she created to beat Viet, Chris, and Chad were utterly forgettable. Seriously, she made a crumble with potato chips. That was weak. But she was allowed back in ... and promptly shown the door when she validated her early exit by being almost a non-entity in the team promo with Russell and Rodney. In the promo she had next to nothing to say - and that was only slightly worse than the other two. In fact, it would have been preferable for Rodney to say nothing at all.

Rodney and Russell are almost certain to be the next two to go home. Hopefully, Rodney goes first. The "Pie Guy" is simply crass and unsophisticated. There is simply nothing he can bring to the Food Network that it needs, and I am weary of his low-class, wacky guy exterior. Rodney would never entertain me as a Food Network Star. Russell can cook, no doubt. But he's not close to polished enough for the Food Network. And that comment about culinary sins in the promo? Ridiculous. The problem with people like Russell and Rodney is that they think they can be like a Guy Fieri or Alton Brown - edgy and cool. But they can't ... because Guy and Alton know food and they know it well. Guy would never have ignored a story about 500-year-old yeast or the use of potato flour in doughnuts. Guy and Alton would have spun some great commentary out of that because they know food. Rodney and Russell don't.

This is clearly the weakest and least entertaining field of Food Network Star contestants I've seen. Even among the finalists now, only Nikki is slightly interesting.

Let's just get it over with.

Sugar, Sugar, Meat, & Fat - America's Breakfast

"You've got sugar, sugar, meat, and fat."

Those words from vegan chef Alex Jamison to her boyfriend Morgan Spurlock in the game-changing documentary film Super-size Me still resonate with me all these years later. In the scene Alex is somewhat mocking Morgan while clarifying the "food groups" represented in his McDonalds breakfast of hot cakes and sausage - there may have been some scrambled eggs on the plate as well. That simple explanation of standard American breakfast fare recently came back to me while on vacation.

Enjoying a fabulous summer in Summit County, Colorado at the very nice Keystone Resort and Spa, I walked past a group of people eating breakfast at an outdoor cafe - nothing but "white foods."  Pancakes and waffles and biscuits & gravy and white toast and hash browns and ... nothing of any significant nutritional value. Granted, a few people were eating eggs - which is a good protein, though I doubt this is an organic free range egg with good omega fats. And, there was one bowl of oatmeal - certainly a "white"-looking food, which could have been easily amped up in nutrition and flavor with some fresh berries and nuts and cinnamon.

We've all been guilty of the doughnuts-for-breakfast moment, and there is certainly something positive to be said about pancakes and waffles and hash browns. That is without doubt. And maybe what I was seeing is simply splurging for vacation. But American has a problem with its mindless fixation on "white" starchy foods that are seriously lacking in nutrition and sustenance. It's been years since I've started a day without some fruit and nuts, and I switched to whole grains years ago. Eggs are a staple, as are hummus and nut butters - the sort of foods that provide fuel the body needs. And they also lack the empty, starchy, sugars that are the key to America's busting waistlines.

Enough with the white foods for breakfast.

40th Anniversary of Bruce Lee & Enter the Dragon

You could say America's love affair with the martial arts began in July of 1973.

That was the year Bruce Lee's standard-setting martial arts film Enter the Dragon premiered to rave reviews and fascinated American audiences. Bryan Enk of Yahoo Movies offers an engaging look back at the film with history, insight, and commentary from Bruce Lee's wife Linda Lee Cadwell. I was only three years old when Bruce Lee entered the American movie lexicon as a true movie star, so like many Bruce Lee fans, I came to the story later through a variety of Bruce Lee bio-pics and reading Lee's groundbreaking martial arts book - about a style of kung fu he created and refined - The Tao of Jeet Kune Do. It takes a pretty significant and deep mind-body connection to create a martial art - a skill set that generally developed over centuries.

For martial arts fans, it's certainly worth looking back at the legacy of arguably martial arts' greatest icon. Certainly, reading Lee's book is a great place to start. And, of course, Hollywood did produce what it considers to be the definitive biography - Dragon: the Bruce Lee Story. However, there are may other great sources of information, and for the true fan, it's worth checking out a wide variety of films about the star. The story of Bruce Lee  is full of myth and legend. I can even remember believing as a kid that Bruce Lee would return on the tenth or twentieth anniversary of his death because he had not died, but retreated from society to deal with supernatural issues we could only marvel at.

While I'm certain now that Bruce is no longer with us - and not coming back - it's always worth looking back on one of the greatest cultural icons of the twentieth century.

Stand Your Ground Laws & Disproportional Response

The verdict that freed George Zimmerman after he killed Travon Martin has generated some intense debate about gun rights and the freedom to react with deadly force to a perceived threat. My gut reaction to the verdict was unease, particularly because I don't agree with someone taking out a gun during a fist fight. The crux of this issue is the existence of Stand Your Ground Laws.  These laws originated out of "castle laws," which allow a person to use lethal force in response to a home intruder perceived to be a threat. However, it's my understanding that gun rights advocates actively pursued extending the right to use a gun in situations outside the home. And that seems risky at best, and quite dangerous at least. Certainly, there is research to indicate these laws increase violence, rather than mitigate it. People are, simply, more inclined to quickly resort to gun violence. In fact, areas that have these laws will have 30-40 more gun deaths for adult males than areas that don't. Clearly, the death of Travon Martin did not have to happen. And from my point of view, the altercation and death resulted from the stupid and irresponsible decisions of George Zimmerman. He simply shouldn't have followed Travon, he shouldn't have left his car, he shouldn't have carried a gun, and he shouldn't have taken it out and fired when a situation he created turned against him.

In a correlated issue in southeast Denver, a drunken - and unarmed - man was shot and killed by a resident who feared the would-be intruder was a threat to his home. The question, of course, is whether this man had to die.

SAT vs. ACT: What’s the Difference?

Standardized testing is a way for colleges to compare students across the country on the same scale. High schools vary by curriculum, grading scales, and methodology, so GPA is not as level a playing field as a third party assessment. By issuing the same test to all students, no matter the district, state, or region, colleges can better select students for admission

The SAT – created and run by the non-profit College Board – is a standardized test that scores high school students on mathematic and critical reading skills. Within the last several years, a writing portion has been added. Students have 25 minutes to formulate an essay on a prompt provided in the section. The essay is scored on a scale of 1 to 6 and is graded by two readers. Before this addition, the test was all multiple choice, aside from a math problems calculated within the test packet. However, because essay writing is a significant component of college, this written portion gives colleges a bit more insight into a student’s ability and possible performance if admitted.

The ACT is run by ACT, Inc. and is a competitor to the SAT. Historically, the ACT is not taken by as many students or as broadly nationwide as the SAT, but in recent years this has changed. It seems more and more students are taking the ACT and the SAT or just the ACT alone. The ACT has four distinct areas – English, mathematics, reading and science – and an optional writing section, recently added like the SAT’s. The ACT questions are considered by many to be slightly easier than the SAT but need to be completed in a shorter amount of time. Thus, it all evens out.

Colleges accept scores from both tests. In many cases, which test to take is determined by where a student live and/or wants to attend college. The SAT is popular on the East and West coasts while the ACT dominates the central portion of the country. Both require several hours of your Saturday morning. Depending on the colleges you’re looking to apply to, it might be best to consult the admissions department to see if there is a preference or to at least obtain the school’s score ranges. 

For more information and guidance, please visit  barronstestprep.com.

** This is a sponsored guest post.

Nate Silver & the Rise of Data Scientists

Statistician and New York Times blogger Nate Silver made a name for himself between the 2008 and 2012 presidential elections through his unique algorithms and numbers crunching that enabled him to accurately predict election results in all fifty states. Such success also enriched Silver even more as his fascinating data-crunching book The Signal and the Noise: Why So Many Predictions Fail, But Some Don't shot to the top of Amazon's sales list shortly after President Obama won re-election. The rise of people like Nate Silver and Big Data in general has led to the creation - or at least prominence - of a "new" and lucrative career - Data Scientist. To meet the demand for all these new numbers crunchers, Wired magazine reports on a degree program in data science. Thus, for all those Nate Silver wannabes out there, a degree as a data scientist from the University of California - Berkeley is waiting for the "bargain" price of $60 grand. Just crunch those numbers.

Content Curation, The Long Tail, & the Economics of Abundance

The rise of technology culture and the internet economy changed everything we know about classic rules of supply and demand. And that is nowhere more true than with digital products and digital marketing that changed the way products could be accessed and consumed. Ultimately, the future of commerce is very much connected to the idea of "selling less of more." The concept is the heart of an essay and now an engaging book called The Long Tail by Chris Anderson, who is the editor of Wired, and the visionary behind the ever-popular TEDTalks.

In studying the way companies like Apple - with applications such as iTunes - Amazon changed the accessibility of products and what could and would come to market, Anderson explains that a lack of scarcity and the economics of abundance have allowed new niche markets to flourish in ways they never could outside of a digital world. When physical stores stock their shelves, they must consider the probability of sales in choosing which products are valuable enough to be given shelf space. That reality doesn't exist for songs on iTunes or books in an Amazon warehouse - or as digital files for the Kindle - meaning the companies could stock an infinite - and increasingly smaller - supply of niche products. These small numbers of product actually represent "the long [thin] tail" on a sales curve. And it means nothing is ever so insignificant that it's unmarketable.

The concept of the economics of abundance mean that normal supply/demand rules don't apply, and that enables more niche markets to emerge and thrive. Thus, even an obscure blog for some fringe product can exist and thrive if people can access it. These niche markets are relevant to the concepts of Mavens described by Malcolm Gladwell in The Tipping Point. When I first read Gladwell's book, I thought of the obscure bloggers who collected information and dispensed to a public that - because of digital accessibility - would always find their source. The issue of abundance is also significant in the work of Daniel Pink whose book A Whole New Mind argued that the rise of abundance and the lack of scarcity in markets has increased the need for right-brain thinking because vendors need to appeal more to consumers for even the most basic and useful items.

What does this mean for content curators? Well, in terms of collecting content and information, web creators and curators need simply makes themselves available for accessing their materials. Thus, the more a curator collects and distributes, the better off he is.

Nike Goes Barefoot Running

Nike is undoubtedly the running shoe behemoth, and it has been since the 1970s when Phil Knight hooked up with the running coaches at the University of Oregon and Stanford and began peddling more structurally padded shoes. The effect was the launch of a new industry and fitness craze, as jogging entered the lexicon, and Nike shoes became the apparel of choice. In recent years, elite running has steered away from the mainstream companies, and pure runners have gravitated toward shoes with less obvious structure and a style that mimics the foot in its natural form. With it came the rise of the barefoot running craze, greatly influenced by Chris McDougal's excellent sociological work Born to Run, which gave rise to barefoot-running "shoes" like the Vibram Five Fingers.

Now, Nike is playing catch up.

The release of the new Nike Free Hyperfeel Flyknit is certainly a hype-worthy story, as it is an incredibly paired down running shoe crafted from a single piece of fabric.  The story has been profiled by both Wired Magazine and the Daily Beast, and each comments on the attempt by Nike to remain relevant in a world that may be moving away from Nike's MO of padding and supporting the foot as much as possible. Kyle Vanhemert takes particular notice of Nike's efforts commenting on how Nike Jumps into Barefoot Running. Vanhemert  sees this shoe as the new direction of Nike, and it's likely that may be true if the shoe company hopes to stay relevant. In a slightly more entertaining expose of the Nike Empire, Winston Ross reports for The Daily Beast on a revered trip Inside Nike Headquarters. The story of Uncle Phil and his company's attempt to deal with the pendulum swings between shoes offering more and less support subtly mocks the hallowed ground in Eugene, even as he offers a compelling account of the roll-out of Nike's new shoes.

As far as the actual feel and performance of the shoe, it is said to be somewhat like "wearing a sock," clearly an indication of the single fabric construction and connection to barefoot running. At $160 a pair, this is not a shoe for the casual runner, and it may not be for everyone. Certainly, there is no reason to believe this shoe is a necessary purchase for someone who wants to revert to less structure and more natural and barefoot-style running. In fact, it's not a stretch to say that anyone in nearly any shoe can "run barefoot while wearing shoes."  In reality, barefoot running is all about the gait and not really at all about the shoes.  The key is to run, as if sprinting - or as McDougal says, "like you would if you had to chase a toddler into the street while in bare feet." Basically, natural runners land on the balls of their feet, not the heels.  The heel strike - and the potential damage and wear/tear - results from the more padded shoes of the past thirty years that allowed runners to land on their heels. That's not what a runner should do.

And, if a runner wants a bit of protection - especially for street or trail running - the thin barefoot-like shoe doesn't have to be Nike. For as Vanhemert implies, Nike is sort of late to this game. Companies like Merrel have provided barefoot shoes for years. Newton is another great low-structure shoe company and Adidas has some great styles as well.

Schools Raise Money Selling Useful Products, Not Candy

The start of school is just around the corner, and with that comes school and club fundraising which has kids knocking on your door and meeting you by the supermarket to know if you want to buy some candy to support poms or basketball or theater or lacrosse or speech and debate or ... whatever.  However, some schools are breaking free from the standard candy sales - a good move in this fitness-lacking country - and instead offering products everyone can use. For example, Beth Harpaz of AP reports on a school selling trash bags as a fundraiser instead of candy. She also spotlights many alternatives to the standard candy sales that have plagued communities for decades.

Chevrolet "He's Strong" Commercial is "Strong" by Will Hoge

If you caught the end of the All-Star Home Run Derby on Monday night, you may have been captivated by the extended Chevy commercial video that blended images of men being "strong" with lyrics of the same idea. Well, if you're wondering, the song is "Strong" and it's by country singer Will Hoge.  The commercial was a good 2-3 minutes long, and the moving images and poignant lyrics pulled at heart strings of American families, singing the praises of hard-working family men who are twenty year straight get to work on time ... a love one woman for all his life ... a shirt off his back give you his last dime ... [and] strong. 

A shorter version of the commercial is in play now, with the one-minute version playing during the All-Star Game last night. This is some great marketing, to be sure, and it reminds me of the old "Like a Rock" video/commercials featuring the Chevy Silverado to the background of Bob Seger's song.  As a matter of fact, that commercial/song came out during the summer of my first job, working maintenance and "feeling strong" and somewhat like "a man." I was fifteen at the time. Perhaps, that's why they resonate with me so much. Sure, these commercials can seem a bit sappy - or even shallow when you realize they're just marketing a product.  But, I for one enjoyed the images and the song. Makes me proud to be a son, husband, and father. And, as I only ever buy American cars, it makes me proud to be an American, too.

The song and the music video/commercial certainly reflect all the sentiments that make so many country songs so memorable.  Of course, that may surprise many of Will Hoge's fans who don't necessarily consider him "country."  That's the sentiment of many who consider him a "country outsider."  But you can get a lot of country mileage out of singing about the common man, especially when you mention him as a loyal husband and father ... and one who has a truck. There is more to Will Hoge than just one song, but people often look to artists after a situation like this to keep producing the same type of song with the same type of feelings and melodies. And that would be wrong. Regardless, Will Hoge - who has seen some struggles and has never been a household name in fifteen years in the business - will continue to produce great music and "never give in."

Lyrics, compliments of OnlyLyrics

He's a twenty year straight get to work on time
He's a love one woman for all his life
He's a shirt off his back give you his last dime
He's strong

He's a need to move something you can use my truck
He's an overtime worker when the bills pile up
Everybody knows he aint just tough
He's strong ... Strong

He'll pick you up and won't let you down
Rock solid inside out
Somebody you can trust
Steady as the sun
Ain't nothing gonna knock him off the road he's rollin on
He's strong

It aint what he can carry what he can lift
It's a dirt road lesson talkin to his kids
Bout how to hold your ground and how to live
Strong ...He's strong

He'll pick you up and won't let you down
Rock solid inside out
Somebody you can trust
Steady as the sun
Ain't nothing gonna knock him off the road he's rollin on
He's strong

Strong, Like the river rollin
Strong, Gonna keep on going
Strong, When the road runs out
They gonna keep on talkin about
How he was strong ... Strong

He'll pick you up and won't let you down
Rock solid inside out
Somebody you can trust
Steady as the sun
Ain't nothing gonna knock him off the road he's rollin on
He's strong

Everybody knows he ain't just tough ... He's strong

Read more at http://www.onlylyrics.com/will-hoge-lyrics-1119313.php#XbA8CdtgZFPG4tef.99 

SupplySide is Irrelevant - It's Demand that Fuels the Economy

Featured on Salon.com in coordination with the Los Angeles Review of Books, Tom Streihorst presents an insightful and compelling description of the unique paradox of a more comfortable and advanced, yet precarious and stagnant, economy that exists today. We live in an era of such abundance, as well as the subsequent anxiety that pervades an economy so awash in supply that a lack of demand threatens to derail all but the wealthiest elite. A lot of great research and commentary in this piece.