5-7% Mortgage Rates are the Historical Norm

Home buyers are complaining that 30 year mortgages are about mid 6% and 15 year mortgages are high 5%.   Many of these home buyers of been spoiled by the super low mortgage rates below 3% during the covid era of 20-21.

Low interest rates had two impacts:

1. It lowered the monthly payment for buyers.  They could afford more house.
2. It caused house prices to increase since buyers could afford higher prices for the same monthly payment.

Now that interest rates are higher, people who have low interest rates have low incentive to buy a new house and have their monthly payment increase significantly.  First time home buyers are locked out the market by both high monthly payments and high house prices created by 20-21 low mortgage rates.

But rates are not that different from historical norms.  Many current buyers and potential buyers weren't in the market in the 80s.  I was.   Back then, mortgage rates hit a high of 17% after being in the normal 4-7% for decades.  I felt fortunate to get a 12% mortgage rate for my first house.   I got my second house after being married at a 5.5% mortgage rate and felt lucky.

IMHO, if it's not mortgage rates, then it must be home price inflation.  If it the issue, it's a much tougher problem to solve for home buyers.

For more on Crossing Generations, check back every Thursday  for a new segment.

This is not financial, mortgage nor home buying advice. Please consult a professional advisor.

Copyright © 2026 Achievement Catalyst, LLC

Good Thing I Don't Bet on Earnings

Yesterday, I was checking our accounts.  I noticed FSLY was up 200% from last year.  I decided to HODL instead of sell.   I thought it might benefit from AI like memory chips did.   I didn't want to miss out of tremendous gains like memory stocks have experience.   

Well, FSLY reported earning after hours and fell 22% 28% due disappointing results.  So much for my thesis.  I am still going to HODL.   However, I'm glad I don't buy options in anticipation of good or bad earnings results, since I tend to expect the opposite.

I still lost, but since I own shares, I can be a bag holder for a while longer and hoping my thesis is right in the longer term.

For more on The Practice of Personal Finance, check back every Wednesday for a new segment.

This is not financial, stock picking nor investment advice. Please consult a professional advisor.

Copyright © 2026 Achievement Catalyst, LLC

Financial Kryptonite for Building Wealth

For me, here's my Kryptonite that destroys wealth building:

• Living above my means.
• Not paying myself first when earning a paycheck.

IMHO, doing the above leads to debt, which leads to more debt, which is a wealth building death spiral.  In our case, we chose to live below our means and pay ourselves first each month.  Doing so was one factor that helped us have a successful early retirement.

Of course, YMMV and avoiding kryptonite doesn't guarantee success.

For more on The Practice of Personal Finance, check back every Wednesday for a new segment.

This is not financial  nor wealth building advice. Please consult a professional advisor.

Copyright © 2026 Achievement Catalyst, LLC

Self Defense Against Financial Scams

From MSN

4 financial scams targeting seniors to watch for as AI and deepfakes raise the stakes

Below is summary of the headlines.

• Investment Scams: “Guaranteed Returns” Are Often a Trap
• Romance Scams: Emotional Trust Turned Into Financial Theft
• Government Impersonation Scams: When Fear Becomes the Weapon
• Tech Support Scams: The Fake Emergency on Your Screen
• A New Layer of Risk: AI Voice Cloning and Deepfake Family Emergency Scams

In summary of the article, it seems good actions to take are avoid being pressured by urgency, disconnect  when pressured for money, consult with a trusted person, and contact the authorities if needed.

For more on Ideas You Can Use, check back every Tuesday  for a new segment.

This is not financial nor scam avoidance advice. Please consult a professional advisor.

Copyright © 2026 Achievement Catalyst, LLC

Ignored Financial Tasks than Became Important Later

This is what I've noticed based on my own experience.

Here are the financial basics we focused on when younger.  These are many of the financial decisions and tasks needed when the kids are still living with parents.

• Earning money through jobs.
• Focusing on careers
• Increasing earnings
• Paying for the following
• Rent/mortgage, home maintenance, utilities, car payment.
• Necessities such as groceries, clothing, transportation.
• Day care for children.
• Entertainment, eating out, extracurriculars for children.
• Health insurance and medical expenses
• Saving for:
• College
• Retirement
• Home down payment
• Borrowing
• Funding college
• Buying auto
• Home mortgage

Here's are some of the tasks we ignored until later. These are future financial tasks that don't receive much attention until closer to retirement.

• Income calculation during retirement
• Social Security
• Stable and regular income from investment
• Simplifying financial tasks
• Investments - Reduce number of accounts and types of investments
• Credit Card - Reduce number and annual fees
• Higher costs needed to compensate for aging
• Health and long term care premiums
• Residence modifications
• Spending plan based on older lifestyle
• Renovations both minor and major
• Vacations with children's families
• Helping adult children with major costs
• Grandchildren college expenses.
• Creating a Trust or Will
• Choosing someone to handle financial affairs when one is unable to handle on their own.

In some cases, I did some of the financial tasks for older people because I learned about them with my parents, for example Creating a Trust.  Others, I didn't consider until after retirement, for example Social Security.

For more on Strategies and Plans Ideas, check back every Monday for a new segment.

This is not financial, retirement nor aging advice. Please consult a professional advisor.

Copyright © 2026 Achievement Catalyst, LLC

From Magnificent 7 to Magnificent 1 in early 2026

These stocks have been named the Magnificent 7 for their being the driver of index gains over the past year:  Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), Meta Platforms (META), Tesla (TSLA), and Nvidia (NVDA).

Lately it's been reduced the Magnificent 3:  GOOGL, AAPL and AMZN.

However, realistically it's been a Magnificent 1 in April 2026:  GOOGL which has delivered 23% YTD gains.  None of the other Magnificent 7 are even close.  In fact, some even have negative YTD returns as low as -17%. 👀 at you Tesla.

For more on New Beginnings, check back every Sunday for a new segment.

This is not financial nor investment advice. Please consult a professional advisor.

Copyright © 2026 Achievement Catalyst, LLC

Financial Products "Sold" by Financial Advisors

"If you have a hammer, everything looks like a nail." ~ proverb popularized by Abraham Maslow

I have learned this also applies to many financial advisors, who earn money based on the product they recommend.

If a advisor selling a specific financial product, then that is the number one personal finance recommendation he is likely to make.  Insurance financial advisors tend to recommend insurance products.  Brokerage financial advisors tend to recommend stock and bond products.  Mutual fund advisors tend to recommend their own mutual funds.  Secondary offering advisors tend to recommend their offerings.  Tax advisors tend to recommend investment that minimize tax liability.

While it is legitimate for an advisor recommend a financial product for which he is compensated, I feel I need to do more diligence before accepting the recommendation.   I do more independent research on the product to decide.    In most of the cases, I decide not the invest.  Examples include: Private Credit, Indexed ETFs, Opportunity Zone Real Estate and most Life Insurance based products.   They may be right for some people but not for me.

Some options that I have used include but not currently:  Actively managed separate accounts. I like the idea of have individual stocks in my own account.   However, I've  recently moved away from this option.

Currently, I'm considering a robo investment platform offered by one the brokerages.  I expect the advisor that recommended may get compensated.  That's OK since I am doing an independent evaluation of the product on my own.

For more on Reflections and Musings check back every Saturday for a new segment.

This is not financial nor investment advice. Please consult a professional advisor.

Copyright © 2026 Achievement Catalyst, LLC

Locking In Higher Interest Rates to Help our Retirement

When I started working in the 1980s, I calculated that I could retire on $1 million invested at 5% interest.  After all, that was 150% of my starting salary.  Of course, interest rates even went higher, making a million dollars a good goal.

From 2009 to 1019, it looked like retirement was going to require significant more investment funds, when interest rates dropped below 0.5% for CDs.   Then having a million dollars didn't look so good as a retirement plan since it would only yield less than $5,000 per year.   The path to retirement looked dismal.

Then in 2019 interest rates starting rising, with rates peaking in 2023 to 2025 at about 5%.   that means a million dollars now yield $50,000 per year instead of only $5,000.   It also means less retirement savings is needed to retire comfortably.

While interest rates may still go up, I'm locking in 4-5% interest rates on part of our savings for 10-20 years through Treasury bonds and CDs.   Yes, interest rates rising and inflation are a risk, but the bigger risk for us is interest rates going back to 1% or less for an extended period.

Here's my simple logic.  If rates go up, I can always reinvest maturing bonds at the higher rate.   If rates go down, I have to reinvest as at a lower rate, which makes this the higher risk option. So I am scaling in to long term fixed rated bonds and CDs over the next few weeks and months.

For more on  Reflections and Musings,  check back every Friday for a new segment.

This is not financial nor investment advice. Please consult a professional advisor.

Copyright © 2026 Achievement Catalyst, LLC

Wow! Massive Abundance of Tech Products

First, let me acknowledge that I am a tech Neanderthal.   I refused to get a cell phone when working, until one of my direct reports upgraded and gave me her old phone.  My group said I needed a cell phone, and then they never called me.    When I retired, I inherited my spouse's flip phone when she upgraded to a smart phone.   I stayed with the flip phone until a couple year's ago when it no longer worked because of 4g. I upgraded to my daughter's Iphone when she upgraded.

My tech stopped at PCs and cellphones.   I have a desktop and a lap top.  Yeah, I abhor social media and only use LinkedIn.  I use about 1gb of cellular a month.

A couple days ago, I asked my 13 year old son to accompany me to look for a blue tooth keyboard to use with an Ipad.  He recommended that we should go to Best Buy, which we did.  There were numerous choices at different price points ranging from integrated keyboards and protective covers to mini back lit keyboards.   There were also bluetooth mice available.

While were there, we looked at some tech in which he was interested.  I suspect this is the real reason he recommended going the Best Buy.  We looked at accessories for his F-1 Video Game on the XBox.  These included replica steering wheels, pedals, and a shift rod.   I guess we would need to build this all into a simulator.  He also explained there are seats that can give motion and straps that can create G-forces, but Best Buy didn't have them on display.

There were other items like cameras, folding cellphones and TVs, but what I noticed and remembered most is the 3D printer.   For about $550, one can get a machine that can make many art items as well as slip on shoes.  

All the stuff looked cool, but I didn't buy...yet.

Disclosure: I did not receive any compensation from Best Buy nor Xbox for this post.

For more on Crossing Generations, check back every Thursday for a new segment.

This is not financial nor tech advice. Please consult a professional advisor.

Copyright © 2026 Achievement Catalyst, LLC

Will I Be Sad or Glad After Hours?

Part of the Mag7, AMZN, MSFT, META and GOOGL, are reporting after the market closes.   Although we have positions in all four, GOOGL is our largest holding followed by MSFT.  How investors react to their earnings will be the main factor on whether I'm sad 😞or glad 😄.

Edit 4:30 PM:  GOOGL 😄.  MSFT, AMZN, META 😞.

Edit 6:30 PM:  GOOGL, AMZN 😄.  MSFT, META 😞.

Edit 7:00 PM : No changes from 6:30 PM.

Will check tomorrow staring pre market.

For more on The Practice of Personal Finance, check back every  Wednesday for a new segment.

This is not financial, stock picking, stock earnings, nor investment advice. Please consult a professional advisor.

Copyright © 2026 Achievement Catalyst, LLC