Archive for the ‘Personal Finance’ Category

Book Review: How To Avoid Financial Tangles

Book Review: How To Avoid Financial Tangles

By The Banker | Book Reviews, Personal Finance

If you ever read any novels by Jane Austen, Anthony Trollope, or Charles Dickens you quickly realize that the most important goal of 19th Century English life was securing – through a fortunate birth or a strategic marriage – a steady income based on the rents of private property. The plots of all their novels [&hellip

FICO Scores Change - Is Nothing Sacred?

FICO Scores Change – Is Nothing Sacred?

By The Banker | Blog Posts, Personal Finance

Far be it for me to stand in the way of progress, but did a little part of you die when you read this morning that Fair Isaac Corp will slightly alter its FICO score formula to make it easier for people to get loans? Is nothing sacred? Decline of Western Civilization? My immediate thought was [&hellip

The Davis Discipline - A Good Book and An Amazing Life

The Davis Discipline – A Good Book and An Amazing Life

By The Banker | Blog Posts, Book Reviews, Personal Finance, Wall Street

If you haven’t heard of Shelby M.C. Davis – and relatively few people have because he’s a very private person – you’re missing the story of one of the world’s great investing families, as well as one of the world’s most generous philanthropists. He’s an all-timer. The Davis Discipline: Fifty Years of Successful Investing On [&hellip

Book Review: The Automatic Millionaire by David Bach

Book Review: The Automatic Millionaire by David Bach

By The Banker | Book Reviews, Investing, Personal Finance

A few weeks back I sent out a proposal to few prospective agents, expecting at least one would recognize the genius – and their own self-interested business opportunity – in my personal finance book proposal. One prospective agent asked a reasonable question in reply: “What’s the one thing you would like to get across to [&hellip

Guest Post: Don't Buy Too Much Insurance!

Guest Post: Don’t Buy Too Much Insurance!

By Lars Kroijer | Blog Posts, Insurance, Personal Finance

Editor’s Note:  Lars Kroijer, semi-regular contributor here and author of Investing Demystified, offers one of the two most important principles of Insurance: Namely, don’t buy too much of it. In this post he uses the simple example of auto insurance – which because of state laws in the US we must buy – to argue [&hellip