Archive for the ‘How Not To Invest’ Category

Like Visiting An Old Friend - Bad Debt Buying

Like Visiting An Old Friend – Bad Debt Buying

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

In my pre-Bankers Anonymous days, one of my primary investing activities was purchasing charged-off consumer debt. If you have no idea what that means, I recommend reading this New York Times Magazine article from last weekend. Few people have written about this niche of the financial world. While Jake Halpern’s account is a bit sensationalistic [&hellip

Driving In Traffic - A Metaphor For Fund Fees And Performance

Driving In Traffic – A Metaphor For Fund Fees And Performance

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

Editor’s Note: A version of this post appeared in the San Antonio Express News in my brand spanking new “So…Money” column.   My morning commute this summer means driving the two young lovelies to their respective kid camps. I like driving in heavy traffic as much as I enjoy hauling over-heated kitchen garbage out to the [&hellip

On Longevity Insurance - Do You Feel Lucky?

On Longevity Insurance – Do You Feel Lucky?

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

For starters, I hate most insurance products that purport to replace investment products. But I had not heard of longevity insurance until this week, so I decided to check it out. Here’s the concept: Pay a big lump sum to an insurance company now (before retirement), in order to draw on a hefty fixed income [&hellip

Guest Post: The Simplest Investment Approach, Ever

Guest Post: The Simplest Investment Approach, Ever

By Lars Kroijer | How Not To Invest, Investing, Personal Finance

Editor’s Note: Lars Kroijer is a former hedge fund manager, and the author of two books. He previously posted here on the advantage of conceding ‘edge’ in personal investing. I appreciate his debunking the value of high-cost financial services.   You probably can’t outperform the market – here is how you should invest once you [&hellip

An interesting investment paper

An interesting investment paper

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

Today I will run the risk of re-posting somebody else’s work many months after others have had a chance to read it, on the assumption that non-professional readers do not spend their day scouring investment blogs for clever reading material. The much greater risk, I think, is that thoughtful work goes unread by people who [&hellip