Archive for the ‘Texas’ Category

Fees in 401(k)s

Fees in 401(k)s

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

“Yes, hello? Is this the Human Resources Department? Yes, I’d like to file a complaint about the retirement plan offered here. No, I don’t work actually here. But still, hear me out…” Today is my day to complain about the (somewhat) hidden costs of employer-sponsored retirement plans. These plans come in a variety of flavors […]

No Small Beer - The Power of Business Incumbency

No Small Beer – The Power of Business Incumbency

By The Banker | Blog Posts, Texas

Let’s not be naïve: there’s no such thing as a “free market.” In the beer world, especially to craft brewers in Texas, however, the market seems particularly unfree. You probably shouldn’t look to the government so much as other businesses for the unfree market. At the small end of the beer-making market, Brent Deckard of […]

Amarillo by Mornin' - A Stadium Building Story

Amarillo by Mornin’ – A Stadium Building Story

By The Banker | Blog Posts, Taxes, Texas

On February 1st, the City of Amarillo, TX broke ground on their brand new downtown $45.5 million publically-funded baseball stadium, the future 2019 home of the AA-level minor league Missions baseball team, a team currently based in San Antonio. As I wrote about last week, I dislike these public-money stadium deals, for two reasons. First, […]

A Stock Growth Miracle (Not Really)

A Stock Growth Miracle (Not Really)

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

Psst: Do you want to hear about a neat investing trick a family friend showed me? She started with $250. Through alchemical magic – well, a mixture of time, compound interest, and an important dash of negligence – she turned that $250 into an investment today worth $135,000. She still owns it, so results may […]

The Business Side of MJ Legalization

The Business Side of MJ Legalization

By The Banker | Blog Posts, Taxes, Texas

January 2018 brought some strong, but mixed, messages to the marijuana-producing business community. Despite those contradictory signs, pot will be legal in Texas much sooner that we expect. Maybe not in 2 years, and possibly not in 4 years. But if it’s not totally legal for recreational adult use in 10 years I’ll eat my […]