Archive for the ‘Investing’ Category

Book Review: Where Are The Customers' Yachts by Fred Schwed

Book Review: Where Are The Customers’ Yachts by Fred Schwed

By The Banker | Book Reviews, How Not To Invest, Investing, Personal Finance, Wall Street

Sometimes I procrastinate reading something really important to the point that I want to kick myself. Over the years I’ve seen Where Are The Customer’s Yachts? By Fred Schwed listed on numerous ‘Best Of’ lists of financial books, but only now got around to it in 2016? Ugh, no excuse for me. But don’t think [&hellip

Non-Bank Lenders For Small Business

Non-Bank Lenders For Small Business

By The Banker | Blog Posts, Investing, Texas

Note: This post has a Texas bias and a version of it ran in the San Antonio Express News. However, there is no open-carry here on this blog, so you can bring your children.   I suggested in a recent post that it’s nearly impossible to fund a new business and there’s really no good [&hellip

How To Win With Powerball - Learn The Math

How To Win With Powerball – Learn The Math

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

First things first,1 never buy a lottery ticket. Seriously, ever. Having said that, obviously I did buy a few this past week because, you know, I’m an irrational human. I’ll be the first to admit it. I also sometimes buy “King Size” Reese’s peanut butter cups (that’s the four-in-one size) in the checkout line at [&hellip

Never Sell! A Disney and Churchill Mashup

Never Sell! A Disney and Churchill Mashup

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

In November I took my five-year-old’s life savings (mostly tooth-fairy money and birthday gifts) and bought her 4 shares in Disney stock via a custodial (UTMA) account. Fellow readers of If You Give a Pig a Pancake will already be familiar with the idea that certain actions lead inevitably to reactions. You see, if you [&hellip

Behavior Matters, Not Markets

Behavior Matters, Not Markets

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

From a personal finance perspective, markets don’t matter in the least. Behavior matters. Imagine if financial media reported every day on what actually affects whether you get richer or poorer over your lifetime? Wouldn’t that be awesome? I mean, don’t get me wrong. My imaginary show, “Nightly Financial Behavior, with Mike Taylor” would be a [&hellip