While on the road over the past couple of weeks, I played around with a couple of apps that are designed, in part, to help you avoid speeding tickets. One was called Trapster and the other was Waze. Overall, I was impressed with aspects of both.
Trapster bills itself as a “speed trap sharing system,” but the alerts were typically stale, with most being “known enforcement points” that weren’t unmanned. The bright spot was that it shows you the current speed limit wherever you are and lets you set an audible alert for whenever you exceed the speed limit by X mph.
In contrast, Waze is more of a real-time, social GPS. You can use it for routing, and it does reasonably well with this, but it really shines when it comes to alerting you to road hazards (cars on the shoulder, objects in the roadway), traffic slowdowns, and active speed traps — as opposed to historical enforcement points.
To me, the ideal mashup would be if Waze added the configurable speed alerts offered by Trapster to their laundry list of other features. The only downside (aside from possible driver distraction) is that Google recently bought Waze and one wonders what they’re doing with all that location data…
And now… Here are some articles that caught my eye this past week:
- Tax Facts for July 4th — There are some interesting tidbits here. Did you know that the top marginal income tax rate in 1913 (the first year of the modern income tax in this country) was 7%? Times sure have changed.
- Buying Bond ETFs at a Discount — Some bond ETFs trade at a premium when things are going well, but at a discount when the market is shaky.
- Currency Risk — Monetary fluctuations vs. market fluctuations.
- Do You Tip for Takeout Meals? — I am, for the most part, a fairly generous tipper. That being said, I’m not in the habit of tipping for takeout.
- Asset Valuations and Safe Portfolio Withdrawal Rates — When determining “safe” withdrawal rates, bond yields and market valuations matter.
- A Majority of Americans Hate Their Jobs — What about you?
That’s it. Hope you had a great weekend.