February 8, 2012

We Are Living in the Midst of One of the Biggest Bond Bubbles in History

McDonald's Bond Certificate Corporate Debentures

Today, I was sitting at the dining room table, drinking a cup of coffee and wearing my Brooks Brothers pajamas watching the stock market skyrocket when it occurred to me that, given the secret project and some other things going on at the business, I want to build some cash and bond reserves at one of the individual operating companies; maybe put aside money a little at a time, let it build and do something fun with it three or four years from now, like design and build a row of townhouses or … [Read more...]

At What Point Does Your Life Stop Being Mommy and Daddy’s Fault?

Over at the Investing for Beginners site, I just published a blog explaining that the best investment is in yourself, as I have repeatedly said. This came as a result of a Wall Street Journal article that explained unemployment levels for college graduates, which is only 25% of the population, is still incredibly low. In fact, the unemployment level for college graduates is half that of the general population. What angers me is the guy who didn't go to college, when asked about his reason, … [Read more...]

My Birthday In Pictures

Kelsey, Tyler and Ellie at Birthday Dinner

The birthday festivities began around midnight.  Most of my family was over visiting going over some details of something we needed to discuss.  Then, later that night (er ... morning) I got an email from Molly, who sent me a charitable gift card to Kiva, a wonderful organization. I woke up to one of my most favorite breakfasts in the world - a plain, untoasted bagel with cream cheese and strong black coffee - and then my mom stopped by with cupcakes.  Aaron, my youngest sister and I … [Read more...]

Contemplations Over a Cup of 2 a.m. Tea

Wegmans Fruit Tart

It is just past 2 a.m. and I finished brewing a cup of Darjeeling tea.  I'm sitting here enjoying the fragrance of the leaves in the cup and it made me remember something ... During college, Aaron and I did our grocery shopping at the Wegmans on Route 1 in New Jersey.  Of course, living in the dorms for most of those years before we got an apartment off campus meant grocery shopping was more like picking up cereal, milk, coffee and snacks to eat at night or between meals in the dining … [Read more...]

Homemade Gourmet Pumpkin Pie Ice Cream with Cinnamon and Caramel

Pumpkin Pie Ice Cream

Why did I write about the trip to the pumpkin patch last year?  Because I was reminded of the memory after Aaron decided to take a pumpkin his sister brought him and create a recipe for homemade pumpkin pie ice cream with caramel and cinnamon.  Here are the fruits of his labor, study and testing, of which I gladly partook. I won't give away his secrets, but he literally baked a pumpkin after removing the seeds, infused the essence of said pumpkin into his ice cream mixture, added rum with a … [Read more...]

Still Frugal As Ever

Cherry Pepsi and Diet Cherry Pepsi

You all know that I love frugality and today was a jackpot kind of day!  Even though we try not to drink soda, we do keep it around for guests and when we get the occasional craving.  The local grocery store had a sale; each case was only $2.50!  I don't even know how they can make it, ship it, and stock it for that price.  So, we loaded up Cherry Pepsi and Diet Cherry Pepsi.  Ordinarily, I prefer Coca-Cola but they weren't on sale so ... sorry Coke.  Pepsi won this round.  But we own … [Read more...]

Five Business Lessons I Learned from My Mom, Tammy Kennon, and Her Company, Chenille Appeal

Five Business Lessons Learned

This is my mom.  You've probably read about her but never seen a picture.  She's the same one that would slip notes into my lunches in elementary school telling me how wonderful, intelligent and loved I was. Back in the early days when she and my dad started their company in a two hundred square foot garage, she would work during the day (my sister, Kelsey, and I would help run the machinery) and my dad would come home from his day-job and work the night shift. Today, she and my dad are … [Read more...]

New Wardrobe Additions for the Wedding

Kelsey and Tyler's Wedding Gift

Aaron and I went shopping today for my sister and soon-to-be-brother-in-law's wedding gifts.  We also decided we wanted to wear something new that wasn't parked in our respective closets so we headed to Nordstrom and a few other stores. I ended up going with a modern cut lavender white stripe dress shirt with mother-of-pearl buttons and a silk bow tie in the same color family, which I will wear with a charcoal gray suit with white and faint blue pinstripes.  I took a picture so I could send … [Read more...]

My Sister Is Getting Married in 36 Hours

Kelsey and Tyler

In 36 or so hours, my younger sister, Kelsey, is getting married t0 a wonderful man named Tyler, meaning Caleb, Harley and I will soon have a new brother-in-law. This afternoon, they met at the church to go over the procedure that will be followed Saturday (I stopped by with a psychology book to read as they timed the walk down the aisle where I got to meet Tyler's mom and sisters for the first time), and then we went to have dinner at his dad's house to meet his father, brother and step … [Read more...]

Here Is One of My Secrets to Making Money (Or, How I Once Bribed Women to Code for Me with Diamonds, Rubies, and Chanel)

Diamond and Ruby Bracelet with Bottle of Coco Chanel Mademoiselle Perfume

The Secret: Strike Deals Where Everyone Has Limited Downside and Harness the Super Power of Incentive Some of you have been writing to me privately and asking about the early days when we started out and were trying to build our companies.  I thought it would be useful to share some of the things we did during that time that worked out well ... and maybe I'll even talk about those things that didn't work out so favorably.  I hope you find it useful in your own endeavors. When Aaron and I … [Read more...]