I like goals. They help me plan my life. They give me direction and purpose. Without goals, I’d feel like a ship without a keel; directionless and out of control.
I also like rhymes and playing with words. When writing a post, I try to come up with a clever title. Sometimes I rhyme, but when I can’t come up with anything, I use a site like Rhyme Zone. I used Rhyme Zone for this post and it came up mostly empty when I typed in goal:
And then it spit out funk hole. I had never heard of the term funk hole, but it sounded like something naughty, so I was immediately drawn to it. If you go to Urban Dictionary (NSFW), you’ll see a very naughty definition. However, almost everything on Urban Dictionary is naughty, so no surprise there. The commonly accepted definition of funk hole, courtesy of Wiktionary, is this:
A concealed place where one can hide in safety, especially during a war; a dugout.
The world is safer than it’s ever been. For example, isn’t it wonderful that you didn’t know what a funk hole was before you read this post?
I’ll have more to say about funk holes in a moment, but first I need to discuss 2019…
2019 Goals (10 wins, 5 failures)
1. Be lazier: Take life at a slower, more thoughtful pace.
FAIL! In a somewhat spontaneous decision, Mindy and I bought another home. We ran around like crazy people getting our old home ready to rent. Moving always sucks.
2. Make money from our trailer park.
WIN! The trailer park made $23,404 for us and that doesn’t even include our yet-to-be-determined payout for Q4.
3. Grow a business: We bought part of a coworking space!
WIN! Membership over at MMM HQ almost doubled in 2019. But even better than that, the community and funnery* get better with every month. I’m so happy that I’m a part of this.
*yes, I make up words sometimes.
4. Continue indexing: Put all extra money into VTSAX or similar funds.
WIN! We put about $50,000 into 401(k)s and HSAs. Every cent went into index funds.
5. Cut back on sugar: Waaaay back.
WIN! Except for the holidays, Mindy and I cut way the hell back on carbs. We even did the keto thing for a while.
6. Body composition: On 1/1/2019, I weighed 162 with 17% body fat. 150 fits me a lot better.
WIN! While I packed on a couple of pounds over the holidays, I got down to 149 over the summer, my lowest weight in 2 decades.
7. Heart rate: Get resting heart rate down to 55.
FAIL! I got it all the way down to 58 in the first half of the year, but as soon as the fast walking practice died, my heart rate started to climb.
8. 5K record: Run the Berkshire Hathaway 5k in under 27 minutes.
FAIL! My time was 28:21. The first time I did this race about 5 or 6 (or 7?) years ago, I was above 35. While I didn’t meet my goal, I’m happy with the shape I’m in.
9. Squats! Squat my body weight 5 times.
FAIL!: I got up to 125, still 25-35 short of my body weight. Squats are hard.
10. Resume weight training: I injured my shoulder, but I hope to restart weights soon.
WIN!: I’ve been hitting the weights hard and heavy and sweaty. It feels good to be doing some of the best workouts of my life at 46.
11. Be more stoic: Don’t let stupid people bother me.
WIN!: Cut me off in traffic? That’s OK, your life probably isn’t as good as mine. I hope you find peace and happiness.
12. Declutter my mind: Stop looking at the phone and enjoy the day.
WIN!: I was at a social gathering recently and at one point I looked around the room and at least 1/3 of the attendees were staring at screens. I’m beginning to think that after auto subwoofers and nuclear weapons, smartphones are the worst invention ever.
13. Webcomic: Launch my new site!
FAIL!: The one thing stopping me is WordPress customization. I thought I had a developer all set to do the work, but then that went south. I’m sooooo looking forward to putting this out…
14. Declutter our home: We’re not minimalists, but we still have too much crap.
WIN!: Moving was rough, but we’ve donated a lot of nonsense.
15. More dinosaurs: ???
1. Remodel Our Weird, Ugly, 1970s Home
So, we bought another place. And, it needs work:
Here is what I plan to get done:
- Remodel guest bedroom/office
- Remodel guest bathroom
- Replace old windows
- Build a deck off the back of the home
- Remodel kitchen
- Finish basement including adding a bathroom
- Install new flooring on all levels except upstairs
You can follow along with our progress over on YouTube.
2. Get A Mortgage
I love debt! I’m richer because of it. Well, I love it when the interest rate is under 4%. To get a better deal on our latest home, we bought it for cash. In 2020. we hope to get a mortgage and redeploy the money.
If anything is true about Mr. Market, it is that he is impossible to predict. In 2019, Mr. Market was feeling very, very good. In 2018, not so much. 2020? Don’t ask me!
Mindy will max out her 401(k) at work and this blog usually makes enough money to max out my solo 401(k). It will all go into boring, but extremely effective index funds.
We have no other investment plans at this time.
I started the blog for my own amusement. I readily admit that I really like that it now produces some money. However, I’ve always written for an audience of one, me. Therefore, I don’t have any goals for the blog except to keep producing more video content.
5. Physical Challenges
It would be wonderful to be able to do:
- 100 pushups
- 20 pullups
Right now, I can do 50 pushups and 7 pullups. At my previous prime, I could do 70 pushups and 10 pullups.
2020 Funk Hole?
Remember all of that business about funk holes? In case you forgot already, it’s a place to hide in times of danger.
2020 may be an interesting year. International relations are at an interesting time. We also have an interesting election coming up. All of this will have interesting effects on the stock market. In case you don’t catch my drift:
interesting == bad
The quick instinct is to head for the funk hole; sell everything and move to cash. Wait out the storm in a safe place.
However, the patient investor who perseveres is usually the one who wins. Market timing is hard, very hard. Often, dead people are the best investors.
I hope 2020 is the best year of your life! What do you hope to accomplish? Where do you hope to see yourself end of year?
Join the 10s who have signed up already!
Subscribing will improve your life in incredible ways*.
*Only if your life is pretty bad to begin with.