Adventure Vacations – The Happy Alternative to Luxury and Comfort

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That’s me on the North Ridge route of Mt. Baker, WA.

 

I’m not talking about the carefully organized commercialized adventure vacations that have become so popular. I’m talking about true, gritty adventure vacations. This is on my mind since I’ve been planning an alpine climbing vacation for this summer. For me personally, a bit of adventure is absolutely needed to keep me sane. Rock climbing, ice climbing, skiing, mountain biking, mountaineering, winter camping, backpacking, or scuba diving. These are all things I love to do and if I go too long without some type of adventure, I start getting grumpy. Of course everyone is different and many people don’t like these particular activities, but I think everyone could use some adventure now and then. For many, it’s travel, especially when it’s more local vs touristy.  For others, it’s something else.  But whatever your personal view of adventure is, I hope you are able to take the time to do it.  It adds some zest to your life!

Let’s me explain why I think adventure vacations have a lot to teach us about the often non-intuitive nature of human happiness, along with some personal finance analogies, using alpine climbing as an example. Continue reading “Adventure Vacations – The Happy Alternative to Luxury and Comfort”

Pay off the Mortgage or Invest in Stocks? Wrong Question!

One of the most debated questions in personal finance is whether you are better off paying down your mortgage or investing in the stock market instead.  Many, many authors and bloggers have tackled this question and yet almost all of the content has a serious flaw.  The question is the wrong one to begin with.  They are comparing stock market returns with mortgage rates, trying to compare the numbers and make the most rational choice.

Knowledgable investors know that you can only compare investment options apples to apples if they have a similar risk profile.   Continue reading “Pay off the Mortgage or Invest in Stocks? Wrong Question!”