Archive for the ‘Texas’ Category

Behavior Matters, Not Markets

Behavior Matters, Not Markets

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

From a personal finance perspective, markets don’t matter in the least. Behavior matters. Imagine if financial media reported every day on what actually affects whether you get richer or poorer over your lifetime? Wouldn’t that be awesome? I mean, don’t get me wrong. My imaginary show, “Nightly Financial Behavior, with Mike Taylor” would be a [&hellip

On

On “The Economy” (If Such A Thing Exists)

By The Banker | Blog Posts, Inequality, Texas

One of the odd things about listening to Republican candidates for president is their insistence on describing the ‘weak economy’ or the ‘anemic recovery’ of the Obama Presidency. For which they propose a new approach, naturally. And obviously we understand why they say that. But just to be clear – that’s crazy talk. “The US [&hellip

Hillary Clinton Tax Proposals

Hillary Clinton Tax Proposals

By The Banker | Blog Posts, Taxes, Texas

Last week I described future Republican Presidential nominee Jeb Bush’s tax proposals. This week, for balance, I will review future Democratic Presidential nominee Clinton’s tax proposals. Now, before you #FeelTheBern folks write to tell me about your favorite candidate’s chances in the Democratic primaries, I should say the following: Every letter you write me must [&hellip

Feeling Broke Feeling Whole

Feeling Broke Feeling Whole

By The Banker | Blog Posts, Texas

As a rule, I prefer having more money rather than less. I share this preference with 99.97 percent of basically everybody. Especially in this period between Thanksgiving and Christmas we feel the need for more money most acutely. The American poet Marshall Mathers – in his well-known Cri de Coeur “Mockingbird” – aptly captured his [&hellip

Tiny Person's Tiny Piece of a Big Company

Tiny Person’s Tiny Piece of a Big Company

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

My 5-year old daughter recently visited Disneyworld.[1] My main message to her, before she left, was to “make sure you do some financial due diligence while you’re there, maybe you want to buy some stock in Disney?” What? Like you wouldn’t give the same message to the 5-year old in your life? A week earlier, [&hellip