Archive for the ‘Texas’ Category

Getting Started - The Hardest Part of Investing

Getting Started – The Hardest Part of Investing

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

School started for my girls this week, so I’m in the mood for new beginnings. New school uniforms, freshly sharpened #2 pencils, and lined notebooks still unblemished with unicorn stickers. Besides inheritance (obviously the very best way, because remember your first $5.43 Million arrives tax free!) the next two best ways for a person to [&hellip

Minimum Wage Caveats and Local Update

Minimum Wage Caveats and Local Update

By The Banker | Blog Posts, Inequality, Texas

I recently wrote about how I worried minimum wage hikes in the city of Los Angeles could hurt the same people the law is supposed to help. Two caveats go with that thought. First, I might be wrong. Second, San Antonio is already in the midst of a distinct minimum wage hike that deserves some [&hellip

Minimum Wage - Reasons To Be Cautious

Minimum Wage – Reasons To Be Cautious

By The Banker | Blog Posts, Texas

I’m not a mean-spirited person (at least not after I’ve had my morning coffee) but I worry that writing about recent minimum wage law changes could lead some friends to accuse me of heartlessness. I don’t mean to be heartless. The Los Angeles City Council recently voted 14-1 to raise the employee minimum wage in [&hellip

Clinton Proposal on Capital Gains Tax: I Like It

Clinton Proposal on Capital Gains Tax: I Like It

By The Banker | Blog Posts, Taxes, Texas

I’ve written before about carried interest taxes, estate taxes, and real estate tax policy using the contrasting lens of what is ‘fair to me,’ (typically, If I don’t have to pay it, it’s fair to me) versus what is ‘fair to society,’ (My attempt to take the broad view, even if it hurts me personally.) [&hellip

Never Buy A Boat

Never Buy A Boat

By The Banker | Blog Posts, Personal Finance, Texas

I just returned to San Antonio from vacation with my family on Cape Cod, where my daughters and I gratefully survived an afternoon excursion on my brother’s boat. Our survival requires a bit of explanation. As you’ve come to expect, my tale has a pithy moral and financial lesson at the end. In the summer-oriented [&hellip