Today, I read an article about inflation in Forbes online. Google analytics have seen a record high of searches of the word “inflation” as concerns throughout the general population seem to be heightening. The article does a great job of summarizing what has been nagging me for awhile. Are we really supposed to take theContinue reading “Some Simple Thoughts On A Dying Dollar”
Author Archives: thefirefightereconomist
Trading Options In An IRA
First and foremost if the title of this post seems like a foreign language, I get you as this was Greek to me earlier this year. My goal is to highlight the basics of why options trading and Roth IRA’s are independently great financial tools to build wealth. Combined, the potential synergetic effects could beContinue reading “Trading Options In An IRA”
Stock To Flow in Firefighter Goggins Terms
David Goggins is an ex Navy SEAL, endurance athlete and all around bad ass. His book Can’t Hurt Me a fantastic exploration into what any of us can achieve should we decide to develop our mental discipline to push the envelope. Also, after listening to his book, I found out that he’s a wildland firefighter.Continue reading “Stock To Flow in Firefighter Goggins Terms”
F.I.: Like Climbing Mt. Everest
On May 24, 2008, at approximately 6:30 in the morning, I joined the club of men and women who can say they’ve visited to roof of the world. It was an incredible experience that I will personally always cherish, but the full story of this journey isn’t the point of this post. After reaching theContinue reading “F.I.: Like Climbing Mt. Everest”
The Law of Diminishing Returns
Some Fire Economics School… With modern day construction, there is something we know very well as structural firefighters nationwide: the fire environment has gotten hotter and hotter over the years. This is mostly because building materials, and the stuff we fill our homes with are made out of synthetic materials tend to burn at higherContinue reading “The Law of Diminishing Returns”
Explosive Growth With Compounding Interest
The Story… The morning was gloomy and socked in with coastal mist that refused to burn off. Rain was scheduled into the forecast, a welcome event in our dry neck of the woods. Our crew sat spaced around the breakfast table for some coffee while we plotted out our day. I made it to aContinue reading “Explosive Growth With Compounding Interest”
On Relearning…
It’s June 2009 and in triple digit heat, I stand proudly in front of thousands to take a with the 2009 Graduating Class at UC Davis. I hold my certificate of diploma for a B.A. Degree in Economics and force a grin to my family in the grandstands. Later, my father, an SDFD Fire CaptainContinue reading “On Relearning…”
Tactical Terms: Inflation
Imagine you get dispatched to a car fire on the freeway. When you arrive you see a small fire brewing under the hood and it’ll be business as usual. You’ll pull a hose line, force the hood open, spray some water and when you’ve chased down all the hidden fire, you’ll make the most juniorContinue reading “Tactical Terms: Inflation”
The Firefighter Economist 