Archive for the ‘How Not To Invest’ Category

The Illusion of Democracy

The Illusion of Democracy

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

A new dilemma arose today in the ‘Teach my 9 year old child about money’ project. Kellogg’s sent her a voting card and ballot proxy, urging her to exercise her right to suffrage at the annual shareholder’s meeting, or more preferably, by signing a proxy form and sending it back to management. She has that voting [&hellip

Sin Investing

Sin Investing

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

A version of this post ran in the San Antonio Express News. I recently used a reader question about a stock with ticker symbol MO – also known as Altria, and formerly known as cigarette maker Phillip Morris – to talk about investment returns. I suspect readers of my column on calculating investment returns responded “ok, [&hellip

Interview with Mint.com - I Give ALL The Answers

Interview with Mint.com – I Give ALL The Answers

By The Banker | Blog Posts, How Not To Invest, Investing, Personal Finance, Wall Street

Finance website Mint.com asked me some good questions for their blog. You can visit them there or enjoy the repost below. As a former Wall Street insider, what do you think is the average person’s largest misconception about investing? The average person thinks that what Wall Street does is so complex that it requires extremely [&hellip

Stupid Smart People

Stupid Smart People

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

Note: A version of this post appeared in the San Antonio Express News My wife and I headed East on I-10 recently to visit our New York City friends Jay and Nina – another married couple and their kids – who now live in Houston. The conversation over the weekend turned toward their personal finances [&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