Ed Garza Real Estate Deal #3 - 1919 W. Magnolia

Ed Garza Real Estate Deal #3 – 1919 W. Magnolia

By The Banker | Blog Posts, Texas

Real Estate Deal #3 – 1919 W. Magnolia, SA TX 78201 An incredible return on investment Ed Garza purchased 1919 W. Magnolia in his own name in October 2006, for $114,220.40. This 1,532 square foot 3-bedroom 2-bath house was built in 1927.   Property Value The tax assessed value of 1919 W. Magnolia declined steadily [&hellip

Book Review: Suze Orman's The Money Book for the Young, Fabulous, and Broke

Book Review: Suze Orman’s The Money Book for the Young, Fabulous, and Broke

By The Banker | Book Reviews, Personal Finance

I admire Suze Orman’s delivery of a financial fix-up book to an important group that needs help.  The target audience – described succinctly in the title – clearly needs advice from somewhere. In The Money Book for the Young, Fabulous & Broke she addresses the educated twenty-something who’s just started a working-career but has dug [&hellip

Book Review: 25 Myths You’ve Got To Avoid If You Want To Manage Your Money Right, by Jonathan Clements

Book Review: 25 Myths You’ve Got To Avoid If You Want To Manage Your Money Right, by Jonathan Clements

By The Banker | Book Reviews, Investing, Personal Finance

When I started Bankers Anonymous, I decided I would not spend any time on “How to Invest” books, because I believed the whole genre unworthy of serious consideration.  Instead, I would consider “How Not to Invest” books as decidedly more fruitful variations on a theme, warning readers about pitfalls and snake oil pitches in the [&hellip

On Housing, Part III - 7 Big Opportunities

On Housing, Part III – 7 Big Opportunities

By The Banker | Blog Posts, Personal Finance

As I wrote before, housing is a combination of necessity, consumption, and investment.  To the extent a house is also an investment, we should be clear-eyed about the risks. Despite the numerous risks of investing through home ownership – and acknowledging that it’s neither a slam dunk nor appropriate for everyone – I advocate long-term [&hellip

Book Review: The Way We Live Now by Anthony Trollope

Book Review: The Way We Live Now by Anthony Trollope

By The Banker | Book Reviews, Wall Street

My wicked-smaht friend Melissa just reviewed a book on her literary site  that I’ve long been meaning to review here.  The Way We Live Now, by Anthony Trollope is a must-read for people interested in finance, upper-class society, and the way history constantly rhymes with the present. Did you know that in 1875 Anthony Trollope [&hellip