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Quote Of The Day, Picasso Edition

I do not seek. I find. - Pablo Picasso

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Quote Of The Day, Kafka Edition

I usually solve problems by letting them devour me. - Franz Kafka

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Gram Parsons was a musical pioneer, multi instrumentalist, and fellow Georgian. The creator of Cosmic American Music left a strong impression in his short career, and the music he made continues to inspire. I visited his grave in New Orleans some years ago (getting directions to his grave site from a lady assisting at a funeral, who saw him perform with the Flying Burrito Brothers - opening for the Grateful Dead at the Avalon Ballroom in San Francisco, no less - was an experience I'll never forget). It was decorated with shells and small keepsakes from fans, and this time I brought my own: a pale blue guitar pick I'd had since the late 80's when I was bassist in a garage band. Not sure where to place it, I went for the most natural choice, between the thumb and index finger on the marker. It fit perfectly.

Futureproofing: Compound Interest Is Your Frenemy

First, an apology for using the term "frenemy." I hate this word but find it useful for this post.
What is compound interest? From our friends at Wikipedia: Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. How does it work? With stunning efficiency. For instance, if you have an interest-bearing savings account, compound interest is your friend, as your banking institution will pay interest (albeit a minisule amount these days) on the principal dollar amount. Over a long period of time, compound interest is earned on both the principal and accumulated interest, eg $100 principal + 5% interest = $105.00. Left untouched, your next round of 5% interest will be paid on the $105.00 balance, resulting in a sum total of $110.25. This is a simple (and unrealistic, in terms of interest paid) example of money making money.
If, however, you have debt on an interest-bearing loan, compound interest if your e…