Michael Flack - Profile and Journalist Details
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Get connected with journalists todayMichael Flack
Verified
Writer, HumbleDollar
Kansas City
Beats
Biography
Mike is a former naval officer and 20-year veteran of the oil and gas industry. Born on Long Island and trained as a nuclear engineer, he tries to write with a little New York skepticism, an engineer's sense of logic and hopefully some humor. Now retired, he enjoys writing, traveling, and spreadsheets.
Travel , Finance , Food , Cinema
Content
By Michael Flack, Jonathan Clements Verified| HumbleDollar@ Michael FlackNOW THAT I’M RETIRED and have all the time in the world, I often use that time to worry about money. That brings me to a recent offer from Wells Fargo to get a $525 bonus for depositing $25,000 in a savings account for 90 days. My immediate concern was whether the $525 would more than compensate for the paltry interest rate that Wells Fargo pays.
By Michael Flack, Jonathan Clements Verified| HumbleDollar@ Michael FlackIN AN EARLIER ARTICLE, I detailed how Charter Communications wasn’t so much my internet provider as my extortionist. I thought I’d dealt with it all in an equitable manner. But then, exactly two years after our relationship began, Spectrum abruptly increased the price it charged for internet access by 67%, from $29.99 a month to $49.99. I guess we didn’t have a relationship so much as a contract.
By Michael Flack, Jonathan Clements Verified| HumbleDollar@ Michael FlackDEAR DAVID: LAST WEEK, you emailed me, “If you had $20,000, didn’t want to take risk and wanted the best return, how would you invest?” It’s a timeless issue, most likely first asked the day after money was invented. You may be wondering why, besides asking where your money is currently invested, which turns out to be Bank of America at 0.2%, I haven’t asked about your risk tolerance, current financial situation and future financial needs. This was done on purpose.
Company Info
HumbleDollar