Archive for the ‘Personal Finance’ Category

A Retirement Rule and Its Limitations

A Retirement Rule and Its Limitations

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

I’ve done no general-population polling on the question “Do I have enough money set aside for retirement?” but informally I’d guess the US population would break down as follows: 1% – “Oh, yes, definitely,” 19% – “I hope so, but I’m not sure,” 80% – “LOL” If you’re in the 99 percent uncertain category, as [&hellip

Five Good Questions for A Finance Columnist

Five Good Questions for A Finance Columnist

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

Jake Taylor interviewed Wall Street Journal columnist Jason Zweig, who recently published The Devil’s Financial Dictionary and asked him “Five Good Questions” Q1: What inspired him to write this book? Zweig says he needed something to update on his website that didn’t give readers an ‘action-item’ in response to market conditions, since that doesn’t tend [&hellip

Book Review: Money Mindset by Jacob Gold

Book Review: Money Mindset by Jacob Gold

By The Banker | Book Reviews, Insurance, Investing, Personal Finance, Taxes

In The Money Mindset – Formulating a Wealth Strategy in the 21st Century, Jacob Gold traces the key components for building financial fitness, such as finding the right mindset, understanding risk, asset allocation, and diversification. He introduces the importance of understanding taxes and insurance. He gets the big picture on taxes, which is that you [&hellip

On Mortality and Wealth

On Mortality and Wealth

By The Banker | Blog Posts, Personal Finance

I’ve already talked about the link between work and wealth but what about the ties between death and wealth? A buddy in New York used to tell me that the right way to manage your money is to have just enough to cover your bills until the day you die, and then bounce the check [&hellip

Book Review: Women, Money & Prosperity by Donna M. Phelan

Book Review: Women, Money & Prosperity by Donna M. Phelan

By The Banker | Book Reviews, Investing, Personal Finance, Texas

When I was a little girl, I thought that money and finance would work the same for everyone, men and women, irrespective of gender. Important note: Starting stories with “When I was a little girl” – as my great-grandfather did with me – used to reliably make my little girls giggle hysterically. Now they just [&hellip