The Walker Fire

Walker had a four acre brush fire today in very windy conditions but fortunately it was contained in just a few hours. It was called The Walker Fire for its proximity to Walker Rd. We had 14 firefighters from Walker their in various capacities along with help from the Forest Service who sent a Hotshot crew, a Type 3 Engine, a Type 6 Patrol and help from Groom Creek Fire District who sent a water tender and a Type 6 Patrol. The fire was in very steep terrain and the wind caused one potentially serious spot fire that was quickly addressed. The fire was sized up at 4 acres but that may not include the spot fire.   We also had air support.   On the way to the spot fire.   Some of the Walker Crew More flames and below, some of the Forest Service resources on scene....

Hire Someone Or Go It Alone? Yes!

My latest for Alpha Baskets is titled Hire Someone Or Go It Alone? Yes! and looks at a couple of WSJ journals about whether investors should hire an advisor. There is of course a very wide range of what is right for each person. If you are reading this as an individual investor this is an important one for you to get right. You may not need an advisor but it would be bad to get that one wrong. If you are an advisor reading this, the reality is that not everyone does need professional help. From the post; A big checkmark in the plus column for hiring an advisor as pointed out in the article is eliminating emotion. The part above about coming out ok also assumes not panicking along the way. The above new investor who spends a day learning about index funds won’t be able to learn what it felt like as the market was cutting in half and will not know how they would react in the face of that sort of decline until they are exposed to it. Please click through to read the rest. Also, this week’s Market Update has also been...

Fun Friday Night Reads

Just a couple of non-market related items that I saw on Facebook. First is an article about houses made out of shipping containers. If this is new to you, the basic idea is that the containers are the bones for the house, usually multiple containers are arranged in various permutations and cut accordingly for windows, doors and anything else. Some of the shipping container houses are tiny like this one and some are huge, using many containers. The other item was this video about a very neat trailer made down under by Conqueror Australia. Think along the lines of an Airstream only much smaller and with a lot of efficiencies engineered into the design. The company has several models including the UEV-440 pictured below. UEV stands for Urban Escape Vehicle. I like the sustainability aspect of the shipping container houses for people who want to make large homes out of them but they can also be economical for building a modest home or when used at some sort of out-building like a workshop, garage or guest house. As for the trailer, while I am unlikely to ever buy an RV or the like we did rent an RV for a short trip once and had a blast and would do so for a longer trip at some point. We are big National Park people and there are a lot of them in the Mountain Time Zone, maybe we’ll rent one for a month or two and cover everything from Arizona going north. And while we’re at it, we’ve been seeing this little RV (would you call it an RV?)...