Archive for the ‘Investing’ Category

Ask An Ex-Banker: 100% Equities Even In Retirement?

Ask An Ex-Banker: 100% Equities Even In Retirement?

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

Hi Michael, I enjoy and look forward to your advice every week. I am about to do as you (and a lot of other smart people) recommend and move our investments to several diversified equity index funds. My question: would you still suggest no index bond funds for someone in our age bracket? I am [&hellip

How To Invest

How To Invest

By The Banker | Blog Posts, Investing, Texas

Rather than say, “this is how you should invest,” I prefer to say (and write about) “this is how you should NOT invest.” I can think of at least three reasons for my preference. First, I know many more terrible ways to invest than I know good ways. Second, exotic bad ideas make for more [&hellip

As An Ex-Banker: Student Loan Repayment

As An Ex-Banker: Student Loan Repayment

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

Hello Professor! This is your former student, one year post personal finance class, and I am in need of advice. Here’s the backstory. After spending one year in the IT Consulting world, making 70K and being equally stressed to the detriment of my health, I jumped ship (per the advice of my employer, they noticed [&hellip

Audio Interview with Wendy Kowalik Part III - Happiness, Pyschology, and Gender

Audio Interview with Wendy Kowalik Part III – Happiness, Pyschology, and Gender

By The Banker | Audio Posts, Investing, Personal Finance, Texas

Please see Part I with Wendy Kowalik, on fees, and Part II with Wendy Kowalik, on Insurance and Getting Rich Slowly Michael:          Hi, my name is Michael and I used to be a banker. Wendy:            Hi, Michael. My name is Wendy Kowalik, I founded Predico Partners. We’re a financial consulting firm. On Happiness Michael:   [&hellip

Are Stocks Like A Casino? No. But YES!

Are Stocks Like A Casino? No. But YES!

By The Banker | Blog Posts, Investing, Wall Street

I hate money. Apparently the feeling is mutual. I know this because I am writing this from a hotel room near the Golden Nugget in downtown Las Vegas, following a typical encounter between a poker table and me. Here’s how this usually goes, and also how it went again today: I sit down, feeling relaxed [&hellip