Lately my mind has been completely elsewhere [than on the blog](*). With the recent run-up I am now wealthier than ever (that’s a lot more fun than bleeding money on a daily basis like 2008-March 2009). I have also tracked my investment income from dividends and covered calls and noticed that with $7700 so far, I have readily passed this years expenses in cash flow (again). So that is nice. Of course, although if Monte Carlo is to be taken religiously, the new highs would mean I could increase my withdrawal rate by quite a bit, I am not doing so. The preferable strategy would be to shift the increased amount of money into safer (often means lower paying) assets.

(*) Have I run out of things to say or is it just a phase?

As for the bike repair, I can now fix a grip shifter as well—used to be a mystery, but they’re really quite simple. The other day I was reading Zinn & the Art of Road Bike Maintenance and was amused to note that I now have ALL the tools for “Intermediate” level repairs (except the bike stand). This only leaves out presses, taps, and various hammers. There is a certain empowering feeling in being able to fix even minor things. Before, I’d live with a “funny sound” because I would not take it in to the shop to pay $50 for a two minute job. Now I just do it myself. I want to be able to do the same with the car and RV engines.

This post was sponsored by For more info, see Oem and Aftermarket Motorcycle Parts.

Originally posted 2009-09-19 08:19:52.