Book Review: Money Mindset by Jacob Gold

Book Review: Money Mindset by Jacob Gold

By The Banker | Book Reviews, Insurance, Investing, Personal Finance, Taxes

In The Money Mindset – Formulating a Wealth Strategy in the 21st Century, Jacob Gold traces the key components for building financial fitness, such as finding the right mindset, understanding risk, asset allocation, and diversification. He introduces the importance of understanding taxes and insurance. He gets the big picture on taxes, which is that you [&hellip

On Mortality and Wealth

On Mortality and Wealth

By The Banker | Blog Posts, Personal Finance

I’ve already talked about the link between work and wealth but what about the ties between death and wealth? A buddy in New York used to tell me that the right way to manage your money is to have just enough to cover your bills until the day you die, and then bounce the check [&hellip

The Link Between Wealth and Work

The Link Between Wealth and Work

By The Banker | Blog Posts

I’ve been struggling for a while now on defining what I think ‘being wealthy’ means. So far what I’ve come up with is that ‘being wealthy’ has something to do with embracing two realities we tend to want to avoid: work, and death. I’ll talk about death later, but for today I think that one [&hellip

Why Wealth Inequality Matters - Plus CEO Pay Again

Why Wealth Inequality Matters – Plus CEO Pay Again

By The Banker | Blog Posts, Inequality, Texas

Last week I wrote about the sharp rise in super-manager pay throughout the 1990s, and specifically a funny (to me) quirk of stock option awards and bad math by corporate boards. The good news is I have a bunch more thoughts on the rise of super-manager pay and – but wait – Wait — WAIT! [&hellip

Book Review: Being Mortal - Medicine and What Matters In The End, by Atul Gawunde

Book Review: Being Mortal – Medicine and What Matters In The End, by Atul Gawunde

By The Banker | Book Reviews

I have a theory: The definition of ‘being wealthy’ links in some way to thinking about, and being cognizant of, death. Death Death of course gives me the willies. I actually get vertigo if I think about it in bed just before falling asleep. I suddenly feel wide awake and unsettled. The whole thing feels [&hellip