Archive for the ‘Wall Street’ Category

Book Review: The Market Wonders by Susan Briante

Book Review: The Market Wonders by Susan Briante

By The Banker | Book Reviews, Wall Street

I met Susan Briante at a poetry reading recently. It was her reading, from her book of poems The Market Wonders, in particular. I had a sense that I could learn quite a bit from talking with her. A poetry book about The Dow, and market values, and human values? How could I resist reading and […]

Not Cheering A Record-Setting Stock Market

Not Cheering A Record-Setting Stock Market

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

It’s silly season in stock market news again. By that I mean the regular “stock market reaches new highs, hooray!” headlines and commentary. I’ll start by unpacking some reasons why this is silly news, and how you can be a much more sophisticated reader of financial news. I admit upfront that you’ll risk being a […]

Risk and Uncertainty and Heuristics

Risk and Uncertainty and Heuristics

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

I’ve become very attached to the “Five Year Rule,” which is my consistent rule-of-thumb answer to the question: Should I invest in stocks? Five Year Rule How does the Five Year Rule work? I answer the “should I invest question” with a question of my own. Will you need the money in less than five […]

Student Loan Nationalization

Student Loan Nationalization

By The Banker | Blog Posts, Texas, Wall Street

I’ve heard zero public discussion of the effective nationalization of higher education lending over the last six years. In 2010, with the Great Recession crisis still fresh in our minds, amidst the passage of the Affordable Care Act (aka ACA, or Obamacare), the federal government all but eliminated the private sector student loan business and […]

Check Out This Acorns Thing

Check Out This Acorns Thing

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

I downloaded a fin-tech app called Acorns a few weeks ago. I recommend you drop this blog post now, text your favorite twenty-something, and make sure they’ve downloaded this thing already. I am now an evangelizing convert. Here’s a short list of problems many people have in getting started investing and building wealth. No money […]