Archive for the ‘How Not To Invest’ Category

Check Out This Acorns Thing

Check Out This Acorns Thing

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

I downloaded a fin-tech app called Acorns a few weeks ago. I recommend you drop this blog post now, text your favorite twenty-something, and make sure they’ve downloaded this thing already. I am now an evangelizing convert. Here’s a short list of problems many people have in getting started investing and building wealth. No money [&hellip

VIDEO: 100 Percent Stocks For Retirement

VIDEO: 100 Percent Stocks For Retirement

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

Greg Jefferson and I chat about my recent post, urging everyone to put 100% retirement money into risky assets (like stocks) rather than the traditional 60/40 split that every investment advisor says you should do. In this conversation I admit to my cynical view of the investment advisory business. Additionally I engage in a rant you [&hellip

100 Percent Risky Even In Retirement

100 Percent Risky Even In Retirement

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

I’m only writing this for the 99 percent of people who are not yet wealthy. If you are already wealthy, you can choose to ignore this advice, or follow it or whatever, but I realize you have other choices. If you are not already wealthy, however, ignore the following advice at a high risk to [&hellip

Chatting Trump, Uber, and Buy Low-Sell High

Chatting Trump, Uber, and Buy Low-Sell High

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

Greg Jefferson and I recorded a short conversation, that may be of interest. The whole ‘Facebook Live’ video is here, with shorter YouTube clip versions below, broken out by topic. We discussed the inaugural post of Greg’s blog, in which he explains why his hometown Muncie, Indiana is a great place for Trump to gather support. [&hellip

Forget Buy Low Sell High

Forget Buy Low Sell High

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

Once upon a time – a little over a year ago – I helped a friend start an employee retirement program for her business, and that made both her and me feel very good. Building the long-term financial health of employees – in a tax-advantaged way – has to be one of the most rewarding [&hellip