The Home Improvement Myth

The Home Improvement Myth

By The Banker | Blog Posts, Personal Finance, Texas

My wife and I plan to embark on a terrible financial journey most commonly known as ‘a kitchen renovation.’ Launching ourselves into this journey reminds me of the excellent book by Jonathan Clements, a longtime Wall Street Journal columnist and author of the 1999 best-seller 25 Myths You’ve Got To Avoid If You Want to [&hellip

Rent vs. Buy - The Simplest Answer

Rent vs. Buy – The Simplest Answer

By The Banker | Blog Posts

The “Rent v. Buy” discussion offers endless opportunities for debate. We can talk about the opportunity to buy a piece of the mythical ‘American Dream’ – on the path to acquiring key accessories like a white picket fence, 2.3 children, and a Viking stove. We can talk about the extraordinary risks taken by mortgage borrowers [&hellip

Downtown Revitalization - The Role Of A Billionaire

Downtown Revitalization – The Role Of A Billionaire

By The Banker | Blog Posts, Texas

In downtown Las Vegas Nevada recently I visited a small business that is the opposite of everything we normally associate with Sin City. The small business made me think about the role of both visionary billionaires and geography to city revitalization. The small, serious, bookstore The Writer’s Block opened last year as part of The [&hellip

Downtown Revitalization - The Limited Role of Government

Downtown Revitalization – The Limited Role of Government

By The Banker | Blog Posts, Texas

I wrote previously about the Downtown Project for Las Vegas NV that I think folks in my hometown should pay attention to. I enjoyed visiting the nascent Las Vegas Downtown Project because it made me reflect on my original questions: How do cities die? And how do cities renew themselves? I’m a ‘market-based capitalism’ guy [&hellip

Audio Interview with Wendy Kowalik Part III - Happiness, Pyschology, and Gender

Audio Interview with Wendy Kowalik Part III – Happiness, Pyschology, and Gender

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

Please see Part I with Wendy Kowalik, on fees, and Part II with Wendy Kowalik, on Insurance and Getting Rich Slowly Michael:          Hi, my name is Michael and I used to be a banker. Wendy:            Hi, Michael. My name is Wendy Kowalik, I founded Predico Partners. We’re a financial consulting firm. On Happiness Michael:   [&hellip