Archive for the ‘Personal Finance’ Category

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

Audio Interview Wendy Kowalik Part II - On Insurance And Getting Rich Slowly

Audio Interview Wendy Kowalik Part II – On Insurance And Getting Rich Slowly

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

Please see related discussion with Wendy Kowalik in Part One on investment advisory fees. Michael:          Hi, my name is Michael and I used to be a banker. Wendy:            Hi, Michael. Wendy Kowalik, I founded Predico Partners. We’re a financial consulting firm. I started my career with an insurance company and sold insurance for the same [&hellip

Audio Interview with Wendy Kowalik, Part I - On Fees

Audio Interview with Wendy Kowalik, Part I – On Fees

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

Here’s Part I of my interview with an investment consultant who charges advisory fees in an unusually (admirably!) transparent way. In Parts II and III to follow Wendy and I discuss the uses of insurance, the psychology of savings, and how to get rich slow. You can read the transcript but as always I recommend [&hellip

Lord of The Rates Part IV - Consumer Rates

Lord of The Rates Part IV – Consumer Rates

By The Banker | Blog Posts, Personal Finance, Texas

I’ve reviewed in recent columns what I believe happens when interest rates rise this Summer, in particular what happens to real estate when the FOMC raises the Fed funds rate, Aka “The One Rate To Rule Them All.”   “…Nine for consumers doomed to die One for the Yellen on her dark throne In the [&hellip

Judgment vs Objectivity - My Recent HELOC Renewal

Judgment vs Objectivity – My Recent HELOC Renewal

By The Banker | Blog Posts, Personal Finance

A version of this post ran recently in the San Antonio Express News. My wife and I recently renewed our home equity line of credit 1  with our bank. When the notary at my bank had us in the room for 30 minutes busily initialing and signing many dozens of pages per a minute – [&hellip