Archive for the ‘Texas’ Category

Video – Instructions on Bank Reconciliation

By The Banker | Audio Posts, Texas, Video

Sometimes I help produce educational materials for LiftFund, a large business micro-lender based in my hometown. This video is for small business owners who want to know what ‘Bank Reconciliation’ involves, and why and how you probably need to do it yourself as the business owner. Hint: Bank Reconciliation has nothing to do with confessing [&hellip

ETFs vs. Mutual Funds

ETFs vs. Mutual Funds

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

Mutual funds and exchange traded funds (ETFs) do pretty much the same thing, which is allow an investor, with a single purchase, to own a diverse pool of assets – usually stocks or bonds, but also sometimes commodities, currencies, futures, bank loans or other financial exotics. Since they mostly do the same thing, the most [&hellip

HFTs - A Force For Good?

HFTs – A Force For Good?

By The Banker | Texas

I wrote last week that contrary to popular perceptions I believe high speed electronic trading firms are morally neutral, and that’s ok. In Dungeons and Dragons (D&D) terms I hope they are “True Neutral,” while critics claim they are “Chaotic Evil” and supporters claim “Lawful Good.” The existence of a few billion dollars in trading [&hellip

High Speed Trading - And DandD Alignments

High Speed Trading – And DandD Alignments

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

I’m trying to figure out where electronic and high frequency trading firms fit with respect to Alignment, and how I feel about that. Alignment I mean “Alignment” the way a Dungeons and Dragons (D&D) player means it (full disclosure: I’m a Lawful Good Half-Elf Bard in real life. I mean, in the game. I mean, [&hellip

On Warranties

On Warranties

By The Banker | Blog Posts, Personal Finance, Texas

I’m the least handy person I know. The Fourth Law of Thermodynamics in my household states: “Physical objects that appear to be broken, will remain broken through time and space.” I carry my un-handyness with me through life, including matters having to do with cars. When I came up with a flat rear left tire [&hellip