Running Out of Water

Running Out of Water in Las Vegas

Las Vegas is in the middle of a water crisis, essentially they are running out of water.  Las Vegas gets 90% of its water from Lake Mead, the reservoir created by the Hoover Dam, one of man’s greatest industrial achievements.  In the last 10 years Lake Mead has dropped 15 …

power outage generator

Being Prepared For a Long Term Power Outage

While most of us spend a ton of time and resources planning and preparing for a future without having to work, I wonder how many people plan and prepare for shorter near term events, such as several days  without power.  Having an emergency fund of cash is great in a …

Gates Foundation Big Bet

Warren Buffett Gift Mechanism: $2 Billion This Year

In 2006 Warren Buffett set up a plan to donate large sums of his fortune to the Bill and Melinda Gates Foundation.  He set this up in such a way that his donations would essentially double the amount of money the charity would spend every year.  Essentially, every dollar he …

Financial Update 2014 Q2

This will be the first of many financial updates. As I have stated in the past I am not comfortable revealing actual dollar amounts at this point of time, so all of the information presented here will be in the form of percentages.     Emergency Fund: [wppb progress=100 option=green …