Archive for the ‘Blog Posts’ Category

The Importance of Real Rules Monopoly

The Importance of Real Rules Monopoly

By The Banker | Blog Posts

A central idea, the idée fixe of Bankers Anonymous, is that as a society we do a poor job of teaching about finance, a consequently poor job as individuals of learning about finance, and therefore we all suffer an inevitable tendency to make bad decisions, both personal and political, about finance. Sometime this Spring I [&hellip

Ask an Ex-Banker: Mortgages Part II - Should I Pay My Mortgage Early?

Ask an Ex-Banker: Mortgages Part II – Should I Pay My Mortgage Early?

By The Banker | Ask an Ex-Banker, Blog Posts, Personal Finance

Dear Banker, Most months we manage to cover our costs and have a little extra left over.  Sometimes I send the bank an extra $500 or $1,000 toward paying down our mortgage balance, which has another 21 years to go.  Once I sent close to $5,000.  Does this make sense?  – Manny T., Chicago, IL [&hellip

Ed Garza responds - On Contracting with VIA

Ed Garza responds – On Contracting with VIA

By The Banker | Blog Posts, Texas

SAISD President and former Mayor Ed Garza reached out to me last week in response to my review of his real estate transactions. He responded to my review of his real estate business here. I then used the opportunity to ask him about his other business interests. In particular, I asked him about Zane Garway [&hellip

Ed Garza responds – on Real Estate

By The Banker | Blog Posts, Texas

I recently posted a piece about Ed Garza, former mayor of San Antonio, and current President of the San Antonio Independent School District (SAISD), critically reviewing his real estate businesses and questioning some of his results. Garza was kind enough to respond last week, and I appreciate that he took the time. He corrected a [&hellip

On Mortgages, Part I - I am a Golden God

On Mortgages, Part I – I am a Golden God

By The Banker | Blog Posts, Personal Finance

On timing in investments and personal finance, as it relates to my home mortgage Did you see the front page of the Wall Street Journal today?  Yeah, that graph that showed 10-year bond yields up 0.5% in the past two months?  Oh boy that made me so happy this morning. I locked in my new [&hellip