Archive for the ‘Blog Posts’ Category

529 Accounts and Tax Fairness

529 Accounts and Tax Fairness

By The Banker | Blog Posts, Inequality, Investing, Personal Finance, Taxes

President Obama recently announced a series of tax changes he will propose or at least politically push for in the coming year. Since the US Congress constitutionally controls the power of taxation, and Congress likes Obama as much as I like Pete Carroll’s Seahawks, I understand that Obama’s priorities may not come to pass any [&hellip

Groan-Worthy Market Commentary

Groan-Worthy Market Commentary

By The Banker | Blog Posts, How Not To Invest, Investing

Helium was up, feathers were down. Paper was stationary. Fluorescent tubing was dimmed in light trading. Knives were up sharply. Cattle futures steered into a bull market. Pencils lost a few points. Hiking equipment was trailing. Elevators rose, while escalators continued their slow decline. Weights were up in heavy trading. Light switches were off. Mining [&hellip

A Confusing Puzzle Made Simple - Retirement Plans

A Confusing Puzzle Made Simple – Retirement Plans

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

A version of this post ran earlier in the San Antonio Express News I recently received in the mail retirement plan documents for a local employer’s 403B plan. I’m going to spend the first part of this column complaining about this 403B plan provider. Later, I am going to offer a better, simpler, version of [&hellip

Art Lessons For Business

Art Lessons For Business

By The Banker | Blog Posts, Texas

A version of this post ran in the San Antonio Express News You know what’s hard about producing art? Getting paid. I don’t usually turn to the art world for my lessons on business, but I’ve been thinking lately about San Antonio glass artist Justin Parr and what he’s been doing with the “Esferas Perdidas” [&hellip

The New Yorker on Housing and Mortgage Subsidies

The New Yorker on Housing and Mortgage Subsidies

By The Banker | Blog Posts, Inequality, Personal Finance, Taxes

I can’t say there’s anything particularly new in James Surowieki’s New Yorker article on the various ways we subsidize home ownership vs. renting, but taken as a whole he provides a great starting primer and review of the arguments. I mean, don’t get me wrong, home ownership is awesome for some – even for many [&hellip