Archive for the ‘Finances’ Category


Wednesday, July 21st, 2010

For you humans who read this blog, please take note:

Pookah is a master of many arts: Napping, Stalking, Hunting, Pouncing, Eating, Purring, Literature, String Theory, and Literary Arts. Few humans take the time to understand the amount of small tasty bird-fueled effort that goes into achieving even the most basic levels of expertise in these, and other, neo-classical feline pursuits.

Some humans, irritatingly, believe that they have found shortcuts.


Why I’m Cautious About Economics in 2010

Thursday, April 8th, 2010

It’s very simple:

  1. An economy can’t overcome hundreds of billions of dollars of debt in one year.
  2. An economy can’t recover in one year when “real” unemployment is over %10.

By “real” unemployment, I mean people who are capable of working and want to work for compensation or who are on any significant form of tax-backed support;  but excluding people who have sufficient non-tax-backed income-generation by other means to support their household (such as “trust fund babies”. I also put “homemaker” as “real” employment. It’s a job like any other, and strongly affects income (negatively or positively). If it weren’t, housekeepers, baby-sitters, pre-school, and day-care would all be non-profitable.

(That’s a complicated way of saying: Real unemployment takes into account only people willing and able to work. It excludes people who have their own means of self-support – like being independently wealthy, or owning your own gold mine.)

So far, our elected officials have done what I’ve expected:


First Number In Action: Vet Bills II

Monday, April 5th, 2010

When Pookah first searched for “Pudgins”, Old Lady Cat was very ill.

The situation has not improved in that regard. Quite the opposite.

Old Lady Cat went through the more expensive procedure. The results were inconclusive, but did provide more information. OLC’s kidneys have shrunk. And she is a good candidate for an iodine isotope injection that, if it works, would cure her thyroid problems. But she is in bad shape with her kidneys. Not surprising, considering her 15 years of age.

So here we are. Another decision time.


Tax Time

Monday, January 11th, 2010

It’s that time of year again…

“What?!?” you say. “It’s not April 15!!”

No, it is time to feed Pookah!

Wrong, dear reader. Now, when your tax documents are filling your mailbox, is the BEST time to start doing your taxes.

Predictions for 2010

Thursday, January 7th, 2010

Here are my predictions for 2010.

  • Stocks will go higher.
  • Stocks will go lower.
  • Employement will get worse.
  • Employment will get better.
  • There will be at least one more crisis – probably three.



Monday, January 4th, 2010

So, Life of Pookah is over a year old now. It has been an interesting trip. So what’s in store for next year?

Goal: Numbers – Q&A

Thursday, December 10th, 2009

I hope you have already read all the posts about the Five Numbers. Here are some questions and answers:


Goal: Your Fifth Number

Monday, December 7th, 2009

If you haven’t read about your first four numbers, go do it now.

Now for the Fifth Number.

This is firmly in Pookah Finances 301. It is your long-term goal. This is the amount of post-tax income you need to maintain a debt-free, comfortable, meeting the first four numbers, lifestyle that can tolerate the expense of a heart attack or two.

Goal: Your Fourth Number

Thursday, December 3rd, 2009

I’ve already posted about your First, Second, and Third Numbers.

Here’s your fourth number:

Goal: Your Third Number

Monday, November 30th, 2009

Alright, I’ve posted about your First Number and your Second Number. These numbers are a path to financial stability and success.

Here’s your Third Number: