Archive for the ‘Personal Finance’ Category

Entrepreneurship And Its Discontents

Entrepreneurship And Its Discontents

By The Banker | Blog Posts, Personal Finance

Note: A version of this post appeared in the San Antonio Express News Here’s one of my first principles: Everybody who works in the for-profit world should own or start a business. Now that I’ve said that, I’d like to spend most of the rest of this post describing all of the terrible things about [&hellip

Ask an Ex-Banker: What Are Discretionary Accounts?

Ask an Ex-Banker: What Are Discretionary Accounts?

By The Banker | Ask an Ex-Banker, Blog Posts, Investing, Personal Finance, Texas

NOTE: A version of this post appeared earlier in the San Antonio Express News Dear Mike, I wanted to report on my meeting with JPMorgan today. They were very nice, very polished. They handle private accounts and were confident that we could easily transfer my money over to them. They told me that they have [&hellip

A Million Dollars Richer - For Almost Nothing Except Coffee

A Million Dollars Richer – For Almost Nothing Except Coffee

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

Editor’s Note: A version of this post appeared in the San Antonio Express News I’d like to be a million dollars richer. And I don’t particularly want to work for it. I feel the way native San Antonian, former San Antonio Express-News writer and Saturday Night Live faux-philosopher Jack Handey did when he wrote: “It’s [&hellip

Guest Post - Annuities Are Expensive

Guest Post – Annuities Are Expensive

By Lars Kroijer | Blog Posts, How Not To Invest, Insurance, Investing, Personal Finance

Annuities are an important and sometimes dominant part of the investment portfolio for millions of savers.  While in certain instances there is a requirement for pension scheme participants that they put a part of their pension savings into an annuity, others decide to have them because they find great comfort from having a secured cash [&hellip

On Retirement, From a Millennial's Perspective

On Retirement, From a Millennial’s Perspective

By The Banker | Blog Posts, Personal Finance

A thoughtful reader sent me this Time Magazine article, with musings on retirement written by a 24 year old. The first question the article prompted: Is Time Magazine still around? I had no idea! Anyway, the next set of questions posed by the article are worth contemplating: 1. Why does a rational 24 year-old decide to [&hellip