Archive for the ‘Wall Street’ Category

Book Review: The Mandibles, A Family 2029-2047, by Lionel Shriver

Book Review: The Mandibles, A Family 2029-2047, by Lionel Shriver

By The Banker | Book Reviews, Wall Street

One important rule of thumb about book reviews (I assume) is that you should finish the book before reviewing it. That seems wise. On the other hand, when reviewing a book that seems bad in the first 110 pages, it seems like a waste of time to continue. I read the first part more than […]

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 […]

Capital Markets Theory You Can Use

Capital Markets Theory You Can Use

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

I’ll be the first to admit that financial capital markets theory can be dry as dust and that mostly you should just live your best life in blissful disregard for almost all of it. Today, however, indulge me in discussing a capital markets rule that can help you avoid fraud, seek better investments, and make […]

IPOs For The Everyman

IPOs For The Everyman

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

In August I received an invitation by mail – complete with an offering prospectus and stock order sheet – to subscribe for shares in the initial public offering (IPO) of Ponce de Leon Bank, a Bronx, NY-based savings institution where I have a CD. I’ll admit upfront I barely know anything about Ponce de Leon […]

The Huge Unknowns Of GOP Tax Reform

The Huge Unknowns Of GOP Tax Reform

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

We know a lot less about the recently proposed federal tax reform than we think we know. We don’t know what major income tax deductions will stay or go in the final bill. Nobody does, because it’s a highly contested political process right now. Most importantly, we don’t know what effect, if any, lower taxes […]