Archive for the ‘Investing’ Category

Not Cheering A Record-Setting Stock Market

Not Cheering A Record-Setting Stock Market

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

It’s silly season in stock market news again. By that I mean the regular “stock market reaches new highs, hooray!” headlines and commentary. I’ll start by unpacking some reasons why this is silly news, and how you can be a much more sophisticated reader of financial news. I admit upfront that you’ll risk being a [&hellip

Ask An Ex-Banker: Use Savings Or Debt To Pay For School?

Ask An Ex-Banker: Use Savings Or Debt To Pay For School?

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

Note: An ex-student of mine reached out to ask a question many face… Is it best to use savings and investments for graduate school, or to take out loans? Dear Banker,  I saw you answered  a question from a former student about paying down debt and being unemployed on your blog. So I thought I [&hellip

Risk and Uncertainty and Heuristics

Risk and Uncertainty and Heuristics

By The Banker | Blog Posts, Investing, Personal Finance, Texas, Wall Street

I’ve become very attached to the “Five Year Rule,” which is my consistent rule-of-thumb answer to the question: Should I invest in stocks? Five Year Rule How does the Five Year Rule work? I answer the “should I invest question” with a question of my own. Will you need the money in less than five [&hellip

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