Archive for the ‘Texas’ Category

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

More on (MORON) Public Money For Private Sports Owners

More on (MORON) Public Money For Private Sports Owners

By The Banker | Blog Posts, Texas

This may seem like small-ball (because it is!) but I can’t sit idly by when my city’s government proudly announces their intention to shovel $75 million of public money toward building a minor-league baseball team stadium. This makes me so angry. I earlier nominated municipal attempts to lure the Oakland Raiders to San Antonio as [&hellip