Archive for the ‘Personal Finance’ Category

Book Review: The Future For Investors, by Jeremy Siegel

Book Review: The Future For Investors, by Jeremy Siegel

By The Banker | Book Reviews, How Not To Invest, Investing, Personal Finance, Texas

When you take the longest view of stock investing, a few patterns emerge, such as the importance of understanding value instead of investing according to an exciting “story.” Since this insight runs contrary to the way the Financial Infotainment Industrial Complex typically presents stock market investing, we need frequent reminders. Consider this your annual checkup. […]

Book Review: Automatic Millionaire Homeowner

Book Review: Automatic Millionaire Homeowner

By The Banker | Book Reviews, Investing, Personal Finance

How important is homeownership to building wealth in the United States? I’d put it on a list of the top five most important things people should do. Off the top of my head the other four are probably Stay out of high-interest debt Automate your savings and investments Invest in risky, not safe, things Invest […]

Never Buy Gold

Never Buy Gold

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

A significant portion of the Financial Infotainment Industrial Complex dedicates itself to selling you gold, as an investment. Resist. I have already written about the three other horsemen of your personal financial apocalypse: variable annuities, times shares, and bitcoins. The commonality of these four horseman is that they are sold to credible people as “investments” […]

IFTTT with Qapital

IFTTT with Qapital

By The Banker | Blog Posts, Personal Finance, Texas

Transitioning from being a paycheck-to-paycheck person to a person with actual accumulated savings in the bank is one of the classic problems of personal finance. Maybe you got there easily, as soon as you started earning money. If so, you are not the majority. Some never get there. A large number of people are in […]

My Take on the Fiduciary Rule

My Take on the Fiduciary Rule

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

Among the best known of the Obama-era financial regulations is the so-called “Fiduciary Duty Rule” for investment advisers of retirement accounts. It declared that financial advisers for retirement accounts act as “fiduciaries” and therefore must offer conflict-free advice, avoid misleading statements, receive no more than reasonable compensation, and always act taking into account the client’s […]