Jason Zwieg at the WSJ provides interesting data today on the relative returns of ‘socially irresponsible investing’ (my own phrase). I recently wrote that I could not recommend to a friend any ‘socially responsible’ mutual fund. My reasons: 1. Funds like this tend to have relatively high costs (especially compared to index funds, which I [&hellip

Editor’s Note: The Banker’s Wife offers up her guest post on “50 Shades of Monetary Inadequacy” I have bad news for you, Christian. No, it’s not that your movie will be universally panned, though you should pick up A.O. Scott’s review for your reading pleasure. It goes deeper – I am here to tell you [&hellip

A version of this post appeared in the San Antonio Express News. I recently wrote about the unfairness of ‘carried interest’ tax breaks targeted to hedge fund and private equity owners. In fact, I’ve covered the topic before as well. Some readers became angry about my view of this tax break and took umbrage at [&hellip

Note: A version of this post appeared in the San Antonio Express News My wife and I headed East on I-10 recently to visit our New York City friends Jay and Nina – another married couple and their kids – who now live in Houston. The conversation over the weekend turned toward their personal finances [&hellip

President Obama recently announced a series of tax changes he will propose or at least politically push for in the coming year. Since the US Congress constitutionally controls the power of taxation, and Congress likes Obama as much as I like Pete Carroll’s Seahawks, I understand that Obama’s priorities may not come to pass any [&hellip