Weekly Notables

from the Desk of Brian Bickett, CFP®

for the Week of November 06, 2019

Staying on task…

This week’s career article covers one small company’s experiment with forcing the reduction of the workday to 5 hours

The experiment has some interesting results and, in the end, they did need to make some adjustments and exceptions in order to effectively serve their customers.  

The results do support two, what I believe to be, commonly held theories that work tends to expand to the time allotted for it and the increased productivity of “deep work” – the ability to focus without distraction on a cognitively demanding task.  I’ll admit that I am experiencing the effects of the first theory and the lack of the second while wrapping up this week’s notables.  

Enjoy the ride of YOUR life!

— Brian

Find Your Financial Roadmap.

Brian can help you develop a roadmap to get you from where you are to where you want to go — and then put it in action, making your money work for you to avoid behavioral mistakes.

October’s Jobs Report

(Emily McCormick, Yahoo Finance) – This week’s economic article details the recently released October Jobs Report which includes the impact of the 40-day United Auto Workers strike against General Motors.  The unemployment rated increased to 3.6% from September’s 50-year low of 3.5%.

Paying Cash for Healthcare – when it saves money

(Harry Sit, MarketWatch) – This week’s healthcare article details the author’s experience where paying cash for a minor medical bill instead of applying it towards his insurance deductible saved money at the time.  This works as long as the annual deductible is never met, however iIt doesn’t work so well if annual out of pocket expenses exceed the deductible.  Like most financial subjects, everyone’s situation is unique, therefore there’s no blanket solution that works well for everyone.

The 5-Hour Workday Gets Put to the Test

(Eric Morath, WallStreetJournal) – This career article explores one small company’s experiment with reducing the workday to five hours while leaving salaries and vacation time at the same levels.  It is an interesting story which talks to the theories of the efficiency of so-called “deep work” and how tasks tend to fill the time allotted for them.  This experiment did take place in Germany, however I do not believe that any cultural differences would change the results.

New 2020 BMW S1000 XR Upgrades

(Harry McKinzie, VisorDown) – I thought you would find this motorcycle industry article interesting because it provides the impressive list of improvements to the S1000 XR for 2020.

Where’s Brian?

Exploring the newly discovered FUEL Business Incubator

Additional Articles You May Find Interesting

Understanding Arch Coal Pension Plan Benefit Options

Understanding Arch Coal Pension Plan Benefit Options

Article written by Brian Bickett   I’ve been able to help a handful of people make educated decisions concerning their Arch Coal Pension Plan in the recent months. While it all comes down to your personal financial goals, here are a few points that have helped my...

read more
Summary of the 2019 Social Security Trustees’ Report

Summary of the 2019 Social Security Trustees’ Report

Summary of the 2019 Social Security Trustees' Report   Article written by Brian Bickett Earlier than in the past, the Social Security Board of Trustees released their annual report at the end of April this year.  The report for 2018 spans 270 pages that go...

read more
Fee Only Financial Planning

The Touring Package

Develop a roadmap to get you from where you are to where you want to go and then put it in action.
Fee Only Investment Management

The Day Trip

Hire a CERTIFIED FINANCIAL PLANNERTM Professional who can provide you with one-time objective advice.
Fee Only Investment Management

Investment Management

Put your money to work for you and avoid behavioral mistakes.

Start your journey to financial freedom and peace of mind today.


ADV Part 2       Privacy Policy       Site Map

Iron Mountain Financial Planning LLC (“IMFP”) is a registered investment adviser offering advisory services in the States of South Dakota and Wyoming and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. The presence of this website on the Internet shall not be directly or indirectly interpreted as a solicitation of investment advisory services to persons of another jurisdiction unless otherwise permitted by statute. Follow-up or individualized responses to consumers in a particular state by IMFP in the rendering of personalized investment advice for compensation shall not be made without our first complying with jurisdiction requirements or pursuant to an applicable state exemption.

All written content on this site is for information purposes only. Opinions expressed herein are solely those of IMFP, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.