Archive for the ‘Personal Finance’ Category

Stupid Smart People

Stupid Smart People

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

Note: A version of this post appeared in the San Antonio Express News My wife and I headed East on I-10 recently to visit our New York City friends Jay and Nina – another married couple and their kids – who now live in Houston. The conversation over the weekend turned toward their personal finances [&hellip

529 Accounts and Tax Fairness

529 Accounts and Tax Fairness

By The Banker | Blog Posts, Inequality, Investing, Personal Finance, Taxes

President Obama recently announced a series of tax changes he will propose or at least politically push for in the coming year. Since the US Congress constitutionally controls the power of taxation, and Congress likes Obama as much as I like Pete Carroll’s Seahawks, I understand that Obama’s priorities may not come to pass any [&hellip

The New Yorker on Housing and Mortgage Subsidies

The New Yorker on Housing and Mortgage Subsidies

By The Banker | Blog Posts, Inequality, Personal Finance, Taxes

I can’t say there’s anything particularly new in James Surowieki’s New Yorker article on the various ways we subsidize home ownership vs. renting, but taken as a whole he provides a great starting primer and review of the arguments. I mean, don’t get me wrong, home ownership is awesome for some – even for many [&hellip

Not A Fan Of Socially Responsible Funds

Not A Fan Of Socially Responsible Funds

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

A version of this post ran in the San Antonio Express News. I want to be wealthier. I also want to be a good person. A friend – someone who also wants these two things – recently asked if I could recommend a good, reasonable-cost, ‘socially responsible’ mutual fund. My answer: Nope. I can’t. Now, [&hellip

Ask an Ex-Banker: Algorithmic Trading

Ask an Ex-Banker: Algorithmic Trading

By The Banker | Ask an Ex-Banker, Blog Posts, How Not To Invest, Investing, Personal Finance, Texas, Wall Street

A version of this post appeared in the San Antonio Express News Dear Mike, I spotted something on algorithmic trading on your blog, and finance and investment are a bit of a hobby of mine. I am sending you a press release about a Canadian trader who has worked out a successful trading technique based [&hellip