The Good Old Days of Filing Income Taxes - 1948 Edition

The Good Old Days of Filing Income Taxes – 1948 Edition

By The Banker | Blog Posts, Personal Finance, Taxes

For Throwback Thursday, the first day of Spring, and just three weeks until income tax returns are due, I offer up this vintage 1948 Federal income tax for 1040. My friend – whose grandfather worked in the steel industry in Youngstown, OH – found his old tax return and thought Bankers Anonymous readers would get [&hellip

One Source of College Costs: Administrators!

One Source of College Costs: Administrators!

By The Banker | Blog Posts

A friend sent me an article this week regarding some of College Advisor Julie’s comments about the rise in college administrators. The article, linked to here, presents the following dramatic assertions: 1. Non-academic administrative positions at Universities have doubled in the last 25 years, without a proportionate increase in students served. 2. During that same [&hellip

Interview Part II: Advisor on Whether College Is Broken

Interview Part II: Advisor on Whether College Is Broken

By The Banker | Audio Posts, Personal Finance, Texas

This is Part II of an interview with Julie, a College Advisor, who talks about whether the old 4-year college model even makes sense. Please also see related posts: Interview Part I – The Rising Cost of College And College Savings and Compound Interest   Michael:    Hi, my name is Mike and I used to [&hellip

Interview Part I: Advisor on the Rising Cost of College

Interview Part I: Advisor on the Rising Cost of College

By The Banker | Audio Posts, Personal Finance

In this interview, Julie – a college advisor, offers her perspective on the rising cost of college, which has become financially unfeasible for most middle class families in the last 25 years. Please see related post on Compound Interest and College Savings THE INTERVIEW: Michael:    Hi, my name is Mike and I used to be [&hellip

Guest Post: Lars Kroijer on How Agnosticism Over Edge Can Earn You 7 Porsches

Guest Post: Lars Kroijer on How Agnosticism Over Edge Can Earn You 7 Porsches

By Lars Kroijer | Blog Posts, How Not To Invest, Investing, Personal Finance, Wall Street

Editor’s Note: Author and recovering hedge funder Lars Kroijer provided this guest-post, making the case that most of us would be better off acknowledging we do not have an edge over markets.  Most of us can’t consistently “beat the market,” but many of us pay a lot in fees to try. Please also see related [&hellip