Archive for the ‘Personal Finance’ Category

In Praise Of Dirty Jobs

In Praise Of Dirty Jobs

By The Banker | Blog Posts, Personal Finance, Texas

If you have a fancy educational background, the tempting thing is to go into a glamorous field, full of smart people with equally good educations. Maybe investment banking, consulting, or a stint with a hedge fund? I tried all that. Because I’m a slow learner, I realized late that there’s got to be a better [&hellip

Trump Wins. Markets Panic. Why?

Trump Wins. Markets Panic. Why?

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

Stock markets worldwide will drop significantly tomorrow, and throughout the rest of the week, as US and global investors recalibrate their expectations of the United States due to the little-anticipated Donald Trump victory in today’s Presidential election. Stock Market From an individual investor perspective, I suddenly have deep regrets about two pieces of 100% rock-solid [&hellip

Pretending Economic Policy Matters

Pretending Economic Policy Matters

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

This Presidential election is absolutely not about economic policy. To pretend that you’re choosing your presidential candidate in the 2016 election based on economic policy – after this campaign season – is as absurd as claiming you used to purchase Playboy for the articles. Even so, let’s pretend for a moment that this election was [&hellip

College Finance Prep

College Finance Prep

By The Banker | Blog Posts, Personal Finance

My eldest daughter has another seven years before she begins college,[1] but I’m a planner. The financial burden of my kids’ college looms large, like those spaceships in the Independence Day movies, threatening to block out the sun, and with them, all hope on earth. Before abandoning everything, running for the hills, and calling Will [&hellip

Estate Tax Takedown - Levine Defeats Mankiw

Estate Tax Takedown – Levine Defeats Mankiw

By The Banker | Blog Posts, Personal Finance, Taxes

I’m a huge fan of Bloomberg’s Matt Levine,1  who is basically smarter and funnier than anyone writing about finance. Anyway, I was annoyed to read yesterday’s Op-Ed by Gregory Mankiw (whose textbook of course we all had to have in College) Mankiw’s a Harvard professor with all the respect that comes with that, and he’s [&hellip