GubMints Personal Finance fo Federal Employees Veterans and sometimes Everyone

 

GubMints Personal Finance fo Federal Employees Veterans and sometimes Everyone

As GubMints celebrates another banner month in readership, I want to say thanks to my readers and encourage you to start your own Blog.  Why?

1) Your Readers will teach YOU.  
I started GubMints to document and share what I have learned about Personal Finance
(PF) and Federal Employee Benefits, but what amazed me was how much I LEARNED from my readers.  Examples: Continue reading

How do you get MMS messages when you have no data plan?

I’ve mentioned recently that I switched my iPhone to a $10/month plan following expiration of my 2-year AT&T contract.  This is one of many tactics I have adopted to save my family money during sequestration-driven furloughs of Federal Employees.

No complaints so far with AirVoice.  To keep myself from racking up accidental data charges, I run around with Cellular Data “Off” unless I get lost and need to use a GPS map.  One of the many fears I had when switching my iPhone to AirVoice was the loss of MMS messaging- What happens when one of my friends sends me an impromptu MMS photo to enjoy?  Turns out my fears were unwarranted. Continue reading

OOMA Telo Review

Not THAT OOMA, this OOMA.

Note, if you like this review of OOMA you can use this affiliate link to support Gubmints and Get $50 off your OOMA Telo Purchase.

As I’ve mentioned here before, Voice Over Internet Protocol (VOIP) is a great way to save money.  I’ve been asked numerous times by friends and co-workers about how I setup my OOMA home phone service and how it works. Here goes. Continue reading

The Alternative Answer: The Nontraditional Investments That Drive The World's Best-Performing Portfolios

The Alternative Answer: The Nontraditional Investments That Drive The World's Best-Performing Portfolios

Book Review: The Alternative Answer: The Nontraditional Investments That Drive The World’s Best-Performing Portfolios by Bob Rice.

Bob is the Alternative Investments Editor for Bloomberg TV and is the Managing Partner of merchant bank Tangent Capital, and serves on boards of investment management firms with over $2 billion of ‘Alternative’ assets under management.

The Alternative Answer is divided into multiple sections:

The Alternative Manifesto
Major Alternative Strategies
Major Alternative Structures
Higher, Inflation-Protected Income (Job 1)
Broadening the Base for Risk Reduction (Job 2)
Long-Term Growth Enhancement (Job 3)
Purchasing Power Protection (Job 4)
Big Picture
At the Dealership
References/Glossary

Manifesto:  There are four mandatory tasks for investments:

  • Job 1: Generate income that is greater than typical fixed income (bonds), with focus on income that rises with inflation.
  • Job 2: Reduce overall risk by diversifying broadly across different strategies and asset classes.
  • Job 3: Enhance long-term growth with opportunities that have more upside than traditional investments (stocks).
  • Job 4: Protect Purchasing Power from inflation, currency devaluation and panics.

Continue reading