My, How Inflation Expectations Have Fallen in December 2014!

In this shortened workweek, we move our attention to the recent 'breakdown' of inflation expectations, or as they have taken to be called in the financial media, "break-evens".  For an explanation of that term, I'll point you to the audio version of yours truly (on the Stacking Benjamins Podcast) discussing how various securities can reveal the … [Read more...]

The DQYDJ Weekender, 12/20/2014

Unlike other blogs (which disappear completely!), we here at DQYDJ tend to slack on our Weekenders around the holidays.  This year was no different - as both Cameron and I had family around - which trumps linking out!  (And Bryan is engaged - give him your congrats!).  Oh, and I got sick and basiclly lost my voice for two days... yeah, a silly … [Read more...]

Inflation Adjusted Platinum Investment Return Calculator

On this page we present an automatically updating (daily) platinum return calculator. Enter any two dates since April 2nd of 1990, and we will compute the annualized and total returns on money invested in platinum between those two dates. We also will automatically adjust the quoted returns for inflation, optionally, if you choose the "Adjust For … [Read more...]

The Male-Female Unemployment Gap, Revisted

For some reason, one of our articles that gets a lot of links is our expose on the Male-Female unemployment gap back in late 2011. The reasons for that gap?  Well, you surely recall the recent "Great Recession", which happened to cause a lot of employment damage in the Construction and Finance industries, which were (and are) historically … [Read more...]

The DQYDJ Weekender, 12/6/2014

Wow, it's been three weeks since we've done one of these. In our defense, I was traveling with a 14 month old (and, well, we two adults)... and hey, we produced a bunch of articles in the meantime.  You're obviously still reading, so accept as our apology this Weekender, and don't petition us to call this series a "monthender". Links We … [Read more...]

Income is Not Net Worth: The Raw Data

One of the arguments we've made in the past on Don't Quit Your Day Job... is that, well, wealth and income are not the same (even though we tax income and are uncomfortable with our wealth distributions).  While argumentatively it makes sense that there would be some correlation - without massive luck in the form of a lottery win, unplanned … [Read more...]

How Much Help Did You Have to Get Where You Are?

A few articles back, we posted about the unfortunate story of "not the whole truth" in the financial writing world.  Though through allegedly unfortunate circumstances, a blogger who claimed to have hit $1,000,000 in net worth at the fresh age of 27 actually owed a large amount of it to an inheritance.  As we already addressed how hard it is to … [Read more...]

Net Worth of High Achieving Full Time Workers in the United States

If you recall from our series on the Current Population Survey, we concentrated quite a bit on a peer group that will seem quite familiar to folks who generally read this site - that is, people with full time jobs and a degree in something.  As that's the demographic which most frequents this site (and since you're a reader, you probably agree...), … [Read more...]

Can You Trust Your Favorite Financial Writer?

Recently, Yahoo Finance covered an inspiring story about a 27 year old financial blogger who had already eclipsed one million dollars in net worth.  That blogger gave all the right advice - invest early, sacrifice in the present, live below your means, and (if you can) reach for those high headline numbers of savings rates - 50, 60, or 70%. Of … [Read more...]

Net Worth in the United States: Zooming in on the Top Centiles

Ever since the 2013 Survey of Consumer Finances was released (in September of 2014), we've been looking forward to zooming in a bit closer to the numbers in their (much appreciated) release of microdata.  Once we wrapped our head around how they have 5 imputations to turn 6,026 data points into 31,130, then further remove 11 ultra high (read: … [Read more...]