Archive for the ‘Texas’ Category

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

Election Night Talk on TX Comptroller Race

Election Night Talk on TX Comptroller Race

By The Banker | Audio Posts, Texas, Video

I joined my colleague at the San Antonio Express News to discuss the incoming Comptroller, as well as the fate of the controversial Texas Enterprise Fund. Broadcast live streaming video on Ustream   The TL;DR Summary – 1. Susan Combs deserves credit for shedding light on state finances, such as county debt and school district [&hellip

In Which I Praise An Outgoing Texas Politician

In Which I Praise An Outgoing Texas Politician

By The Banker | Blog Posts, Texas

Editor’s Note: A version of this post appeared in the San Antonio Express News.  In Praise of Susan Combs As we elect a new crop of public officials in Texas this week let’s take a moment to appreciate an outgoing official, Susan Combs, Texas Comptroller of Public Accounts. As Comptroller, Combs served as a combination [&hellip

Rebalancing, Explained

Rebalancing, Explained

By The Banker | Ask an Ex-Banker, Blog Posts, How Not To Invest, Investing, Texas

Editor’s Note: A version of this post appeared today in the San Antonio Express News: A former student at Trinity sent me a Facebook message recently. He linked to an advertisement message for an investment advisory company that emphasized the importance of ‘rebalancing’ one’s investment portfolio every quarter or every year. I realized I had [&hellip

Volatility in Stocks - That's a Good Thing

Volatility in Stocks – That’s a Good Thing

By The Banker | Blog Posts, Texas

A version of this post ran in the San Antonio Express News today. The U.S. stock market got quite volatile last week, and I couldn’t be happier. Let me explain why, by way of the analogy of the 2011 fire at Lost Pines State Park. Scorched earth and equity markets Two weeks ago, I drove [&hellip