Are the best things in life actually free? It depends how we handle the hidden costs.
Free coffee is good. At home, I drink one mega-cup per day. At fixed income conferences, I typically scale that “complimentary” consumption up to double-digits per day. (Hey, they’re just hotel cups.)
Free breakfast is usually better than just free caffeine. And open bar, of course, reigns supreme for your income strategist.
No doubt these freebies are baked into ticket costs, but I will gladly accept the bacon and beer challenge to get my money’s worth.
When readers write in to ask my thoughts on “risk free” yields on certain bonds, it’s time for us to talk.… Read more