Week of 10/6/2021

It’s hard to believe that we are in the 4th quarter of 2021. This is the season of required minimum distributions, charitable contributions, and tax planning. You will receive communication from us on the first item, and we are glad to talk about the second and third with you. The financial markets were down in September, partly in response to the latest Covid wave. As we left the month, medical data was improving. Brad McMillan has more in this video.

A man joined a search party, only to learn he was the missing person. A true-life story about the perils of partying hard with your friends. According to this paper, dislike of one’s political opponents is often based on a misperception that they hold more extreme views than they actually hold. Contempt (an outgrowth of that dislike) makes it harder for people to work together. A man in Tulsa, OK commissioned an artist to make a statue of TV detective Columbo from a dead tree in his front yard. There is also a Columbo statue in Budapest. That is all. Supply chain challenges continue. The ports of Long Beach and Los Angeles notched a new record on Sunday 9/19/21, with 73 vessels anchored and awaiting entry. 37 more vessels were offshore, too far for anchorage (Marine Exchange of Southern California). Ernest Hemingway used his personal boat to hunt for German U-boats in the Caribbean during WW2. He was armed with a Thompson machine gun and hand grenades. Some speculated that his real motive was the extra gas rations.

Ask the Joes® (and Cale) looks at how much cash you should keep, outside of your investments.

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