Bail Bonds Part II – Is The Business Doomed?

By The Banker | Blog Posts, Texas

I wrote recently that what I learned about bail bonds companies made me appreciate them, at least from my capitalistic “that’s an interesting and possibly profitable way to make money” perspective. That doesn’t mean I’m deaf to other arguments, against the industry. Those arguments have gotten louder recently, to the point that bail bonds businesses […]

Bail Bonds Part 1 - The Business

Bail Bonds Part 1 – The Business

By The Banker | Blog Posts, Texas

Like all of my favorite finance topics, this one was inspired by my daughter’s question, as we slowly drove in the car past the county correctional facility: “Daddy, what are bail bonds?” Prior to her question, my knowledge of the industry came from watching Robert DeNiro in Midnight Run. Fun movie. I tried to answer […]

Tax Strategies In Divorce

Tax Strategies In Divorce

By The Banker | Blog Posts, Personal Finance

I hope you never need this post.  Divorce hurts, and maybe the last thing we want to do is plan clever financial strategies in the midst of such as emotional situation. I sat down recently with Justin Miller, “National Wealth Strategist” for BNY Mellon Wealth Management, and what Miller and his team do is help […]

The End of MyRA

The End of MyRA

By The Banker | Blog Posts, How Not To Invest, Personal Finance, Taxes

At the end of July the Trump administration quietly killed a retirement program called MyRA , intended to help lower and middle-income people begin investing for retirement. Good riddance. If you are of a certain political cast of mind, you might see the end of the MyRA as another hit job by Wall Street and […]

Seller Financing - Good and Bad

Seller Financing – Good and Bad

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

I love everything about banks but I realize I might hold a minority view on that one. Maybe you don’t like banks as much as I do. If so, this one’s for you. Today is about seller-financing, which is a way to cut out banks from a traditional bank function. Seller-financing happens when: Traditional banks […]