Archive for the ‘Personal Finance’ Category

VIDEO: 100 Percent Stocks For Retirement

VIDEO: 100 Percent Stocks For Retirement

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

Greg Jefferson and I chat about my recent post, urging everyone to put 100% retirement money into risky assets (like stocks) rather than the traditional 60/40 split that every investment advisor says you should do. In this conversation I admit to my cynical view of the investment advisory business. Additionally I engage in a rant you [&hellip

Pity The Banks

Pity The Banks

By The Banker | Blog Posts, Personal Finance, Texas

In my imagination, traditional banking used to be the best business. You’d get to close up shop at 3pm on a Friday. This, despite the fact that bank customers get paychecks on Fridays. Sorry folks, we’re closed because we have to have our people inside the vault, counting all that sweet, sweet, money. Lately, however, [&hellip

Chatting Trump, Uber, and Buy Low-Sell High

Chatting Trump, Uber, and Buy Low-Sell High

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

Greg Jefferson and I recorded a short conversation, that may be of interest. The whole ‘Facebook Live’ video is here, with shorter YouTube clip versions below, broken out by topic. We discussed the inaugural post of Greg’s blog, in which he explains why his hometown Muncie, Indiana is a great place for Trump to gather support. [&hellip

Forget Buy Low Sell High

Forget Buy Low Sell High

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

Once upon a time – a little over a year ago – I helped a friend start an employee retirement program for her business, and that made both her and me feel very good. Building the long-term financial health of employees – in a tax-advantaged way – has to be one of the most rewarding [&hellip

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