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By Ted Williams |
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Hello Thursday. Last weekend I went to Primland Resort with 8 Charlotte buddies on a dudes’ golf junket.
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My thoughtful friend Garry asked a staff member, "Our friend George just turned 40 and organized this trip, can I surprise him with a nice bottle of champagne at dinner?" The staff member kindly replied, "Yes, of course!" End of convo.
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After golf course beers, post-round cocktails, and dinner red wine everybody was feeling good. That's when it happened.
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Before Garry could stop him, the staff member uncorked a magnum bottle of 2005 Cristal at the table!! Price tag $2,200. Unreal 🤣
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Garry was in utter disbelief. Head in hands. Mistake cost him more than the entire trip. Anyways.
💼 Hot Job: Senior Partnerships Manager, Innovation Labs at Lowe's ($95K – $181K). Source and develop startup partnerships. Trendy South End office.
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📈 Number: 110 hours. Typical workweek for junior bankers at Baird. Are Charlotte bankers too soft?!
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👨Shout-out: Zach Current, co-founder of Moo & Brew, for creating a new chicken spot named Painted Rooster in the former Zada Jane's space. Opens in 30 days.
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MARKETS: YEAR-TO-DATE
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S&P 500 |
5,569 |
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Nasdaq |
17,446 |
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NEW CELEBRITY
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35 year old IT system admin Mark Engels ranks 45 chicken caesar wraps on TikTok
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Mark on his popular @PapiEats TikTok handle
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Over the past few months, Mark has spent over $800 visiting 45 restaurants in search of Charlotte's best chicken caesar wrap.
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Audience: Typically eating in his car, Mark's videos have generated over 1.4M views on TikTok.
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Results: Mark's official chicken caesar wrap rankings👇
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Basilico Italiano
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Catalina Kitchen & Bar
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Reid's Fine Foods
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The Exchange at 36th
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Brazwell's Pub
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Making money: Mark makes about $1,000 per month from his TikTok views. "So far, it's just a fun hobby."
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What's next: Chicken finger rankings, of course! "It's amazing how many different hand-breaded chicken finger options there are in North Carolina," says Mark, who moved to Charlotte 3.5 years ago.
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Celebrity status: "I never know how to respond to people… A few girls were coming back from the apartment pool, recognized me and yelled out, 'Oh my gosh, you're the chicken Caesar guy! We love you!' The only thing I could come up with on the spot was a timid, ‘Love you too!’“
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PRESENTED BY CHARLOTTE VINTAGE
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Mid-century Modern retail store sees 3x revenue growth in Villa Heights
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Charlotte Vintage retail showroom
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Stan and Katrina Teague launched Charlotte Vintage from their vast personal collection of iconic Mid-Century Modern (MCM) furniture.
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“Our clients range from serious MCM collectors to young couples who love the aesthetic and want to buy the real deal," says Katrina.
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I love their cool retail showroom in the Lintmen’s building on North Davidson Street.
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Bullish: "The market for modern vintage furniture, barware, art, and home décor shows no signs of slowing." Go check out Charlotte Vintage!
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FOR SALE
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758-acre "Sportsman's Paradise" ranch asks $17.5M
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Badenyon Ranch, just north of Charlotte
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This private family farm features a swanky main lodge, 2 guest cottages, caretaker's quarters, and garden prep house.
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Current amenities:
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3 farm equipment storage buildings
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15-dog kennel building, 7-acre fenced dog field
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3 stocked fishing ponds with trout and catfish
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Property managed for trophy deer and quail
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Underground internet service to lodge/cottages
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Miles of ATV trails
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Half-baked idea: Given high demand (5-8 year waitlists), one of Charlotte’s big 4 country clubs should purchase and develop the property as an “out-of-town” course with cabins.
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Ansley Golf Club in Atlanta has both an in town and out of town golf course. It’s not a wild concept.
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Think Old Barnwell and Tree Farm, but closer.
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Premier golf courses cost about $15M to build.
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MONEY TALKS
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38-year-old insurance guy spending $3,600 on youth sports aims to hit “Coast FIRE” by 50
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Indian food at Copper, this guy’s “splurge” purchase
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Money Talks is a weekly series showcasing how real people in Charlotte approach money. Participate.
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Living situation: “We own. Mortgage is a 30-year fixed at 5.5%. We've got kids, so our grocery budget actually eclipses the mortgage.”
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Job: “I'm an insurance professional. My base is $120,000 with an additional 15% annual bonus.”
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Other income: “We own a rental property. Purchased as primary residence pre-COVID and refinanced when rates were at 2.5%. Mortgage is $1,200/mo and we rent it at $2,200/mo.”
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Favorite expense: “Youth sports. Watching my kids excel in sports is one of my favorite things, period. We spend over $300/month.”
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Retirement: “I want to hit Coast FIRE by age 50. I’ll keep a low stress job after that for as long as it makes sense. To fully retire, I’m aiming for $1.5-2M with a paid-off house.”
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Rich in Charlotte: “$150K income with a $2M net worth.”
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Full story: Investment strategy of 38 year old making $138K
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MONEY SNACKS
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6 other financial headlines I’m snacking on
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Disney unveils detailed plans to build a magical 4,000 home neighborhood in North Carolina. Homes likely over $2M.
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Chick-fil-A giving free waffle fries in Charlotte this weekend to promote their mobile app.
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ACC Lacrosse Championship takes place this weekend at Memorial Stadium. Tickets start at $15.
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704 Shop drops 2025 PGA Championship collection with $45 rope hats and tees. I love the cartoon quail golfing tee.
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Lovin Life Music Fest starts tomorrow. Benson Boone, Pitbull, Teddy Swims, Dave Matthews Band. Tickets start at $129.
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Kendrick Lamar coming to Bank of America Stadium Saturday night. Tickets start at $155. Competing Uptown concerts!
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HOUSEKEEPING
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Cowfish unveils $1M renovation just in time for PGA Championship weekend
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Justin Thomas Foundation Roll ($23) at Cowfish in SouthPark
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15-year-old Cowfish has reopened after a $1M renovation that includes new seating, finishes, millwork, bar, wallpaper, and private dining room. No more red walls!
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Golf roll: Justin Thomas is a Cowfish fanboy, so in May they're doing a sushi collab with the star golfer.
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The $23 “JTF Roll” has lump crab, shrimp tempura, jalapeño, and tempura flakes, topped with tuna, Japanese mayo and tobiko.
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Cowfish will donate $5 per JTF roll sold to the Justin Thomas Foundation.
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Happy Thursday! Today is my middle daughter’s 8th birthday. I’m taking her on a fancy date tonight to Leluia Hall at 5pm (private test night). She has more of a chicken finger palate, but I’m ordering us a giant seafood tower and Prime Cut ribeye. “Phone eats first, sweetie!!”
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– Ted
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MONEY POLL
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Would you consider buying a home inside of a Disney community?
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Last week’s poll results: No. 1 best golf course in Charlotte? (8,716 subscribers)
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Quail Hollow Club – 42%
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Charlotte Country Club – 31%
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Myers Park Country Club – 10%
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Carolina Golf Club – 9%
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Carmel Country Club (South) – 8%
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