cash Archives - CLIPPING CHAINS

May 22, 2023May 21, 2023

Jeff and Priti Wright: You Might Need a Sabbatical

Today on episode 64 I’m excited to welcome Priti and Jeff Wright, two accomplished young professional alpinists from Seattle, WA. In 2020, Priti, a software developer, and Jeff, a mechanical engineer at Boeing, embarked on a year-long sabbatical to travel across the globe and climb alpine objectives in Patagonia, France, and Pakistan, finishing by the beach in Hawaii.

The trip was wildly successful, even amid the raging pandemic, including ascents of the Cerro Torre, the six classic North Faces of the Alps in a single season (including the Eiger North Face in winter), culminating in the first ascent of K6 Central and the third ascent of K6 West—both 7000+-meter peaks—in the Karakoram Range of Pakistan.

In contrast to early retirement, Priti and Jeff make the compelling case for a traditional career peppered with sabbaticals. This episode is filled with lifestyle and career philosophy, planning concepts, detailed financial considerations, and just a damn good time. And they are even planning their next sabbatical in 2024, which will look drastically different than their trip in 2020. You won’t want to miss this one.

April 19, 2022April 18, 2022

I Bonds: A Novel Way to Save Cash

Few investments provide a guaranteed rate of return over 7%. U.S. Treasury Series I Bonds are currently paying out at 7.12%, with that trend expected to continue.

Today’s post is short and sweet, and perhaps worthy of your time.

February 7, 2022February 6, 2022

EP 22: Your Questions Answered: Volume 4

This week we are returning to the digital mailbag to answer your questions!

In this Q&A episode, we take the plunge on inflation fears, cryptocurrency, real estate investing, the debate between loans and all-cash offers, mid-week climbing partners, the Roth 401(k), autoimmune conditions, and some more intimate details about where and how we hold our money in various accounts. Finally, I reveal some notable changes to Mrs. CC’s schedule, among a variety of other topics.

November 29, 2021November 28, 2021

EP 15: Craig Faulhaber: Near-Death Experiences and Early Retirement

My guest this week is climber, math professor, and real-deal van lifer, Craig Faulhaber. On September 19, 2021 Craig was involved in a very serious climbing accident. This is the sort of accident that can end a life at worst, and dramatically alter its course at best. But, as you will hear in this conversation, Craig has an amazing sense of optimism in the face of very difficult life events.

To add to my shock at his accident, I was surprised to learn that Craig was on the cusp of retiring early just before his accident. Please enjoy this special conversation where we discuss the delicate nature of life, unconventional living, home ownership, relationships and marriage, and even the ethics of investing. Plus so much more!

February 8, 2021August 9, 2021

Your Questions Answered: Volume One

This week I decided to dig through my emails and finish answering some questions.

In this post we take another look at investing now vs later, the dynamics of financial independence without retiring early, housing and home ownership, more on day trading and investing apps, what the hell I do with my time, and much more.

Here is what is keeping you guys up at night, or at least spurring mild curiosity.

March 9, 2020February 21, 2021

I Have Cash! Is Now a Bad Time to Invest?!

Hey, hey, hey! Some cash just landed in your lap. Or perhaps you have a vested interest in your company, and now your stock is available to sell or transfer. What do you do with it? Do you keep it? Invest it elsewhere all at once as a lump sum and hope the market doesn’t fall (further)? Is it best to dollar-cost-average? WTF is dollar-cost-average?! But isn’t there about to be a recession?? Ahhh!! Let’s take a look!