A Retirement Rule and Its Limitations

A Retirement Rule and Its Limitations

By The Banker | Blog Posts, How Not To Invest, Personal Finance, Texas

I’ve done no general-population polling on the question “Do I have enough money set aside for retirement?” but informally I’d guess the US population would break down as follows: 1% – “Oh, yes, definitely,” 19% – “I hope so, but I’m not sure,” 80% – “LOL” If you’re in the 99 percent uncertain category, as [&hellip

Should We Consider Taxing Non-Profits?

Should We Consider Taxing Non-Profits?

By The Banker | Blog Posts, Inequality

Are tax-advantaged charitable organizations going to face heavier tax bills in the future? More interestingly, should they? Connecticut state legislators introduced in March targeted legislation to tax some of the $2.6 billion in investment gains that Yale University earned on its $25.6 billion endowment in 2015.  Yale budgeted to spend $1.1 billion of its endowment funds in [&hellip

Book Review: The Earl Next Door by Charis Michaels

Book Review: The Earl Next Door by Charis Michaels

By The Banker | Book Reviews

I’m not sure what overlap exists between romance novel readers and Bankers Anonymous readers. Since money and romance mix so poorly I do sometimes think I am in the anti-romance business, continuously attempting to debunk non-rational notions. But we all need a little fun and fantasy wherever we can get it. You have to love [&hellip

More on (MORON) Public Money For Private Sports Owners

More on (MORON) Public Money For Private Sports Owners

By The Banker | Blog Posts, Texas

This may seem like small-ball (because it is!) but I can’t sit idly by when my city’s government proudly announces their intention to shovel $75 million of public money toward building a minor-league baseball team stadium. This makes me so angry. I earlier nominated municipal attempts to lure the Oakland Raiders to San Antonio as [&hellip

Weekly Automatic Deductions - The Key To Getting Wealthy

Weekly Automatic Deductions – The Key To Getting Wealthy

By The Banker | Investing

Hey you, it’s April 12th. If you think the way I think (Let’s just make pretend together for a moment) you’re wondering how you’ll be able to fund your tax-advantaged individual IRA contribution for 2015 by Tax Day, Monday April 18th. Less than a week from now! Ideally, you’re like, “Ha, ha, no problem. I [&hellip