100 Percent Risky Even In Retirement

100 Percent Risky Even In Retirement

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

I’m only writing this for the 99 percent of people who are not yet wealthy. If you are already wealthy, you can choose to ignore this advice, or follow it or whatever, but I realize you have other choices. If you are not already wealthy, however, ignore the following advice at a high risk to [&hellip

Pity The Banks

Pity The Banks

By The Banker | Blog Posts, Personal Finance, Texas

In my imagination, traditional banking used to be the best business. You’d get to close up shop at 3pm on a Friday. This, despite the fact that bank customers get paychecks on Fridays. Sorry folks, we’re closed because we have to have our people inside the vault, counting all that sweet, sweet, money. Lately, however, [&hellip

Donald Trump - Sovereign Debt Genius

Donald Trump – Sovereign Debt Genius

By The Banker | Blog Posts, Wall Street

One of The Donald’s great strengths is that he latches onto a partial truth – or an unspoken but widely held belief – and then expands upon it for his own purposes. Obviously this can veer into disgusting territory, when it comes to expressing sexually insecure men’s feelings about women, or insecure workers’ feelings about economic threats from China [&hellip

Chatting Trump, Uber, and Buy Low-Sell High

Chatting Trump, Uber, and Buy Low-Sell High

By The Banker | Audio Posts, How Not To Invest, Personal Finance, Texas, Video

Greg Jefferson and I recorded a short conversation, that may be of interest. The whole ‘Facebook Live’ video is here, with shorter YouTube clip versions below, broken out by topic. We discussed the inaugural post of Greg’s blog, in which he explains why his hometown Muncie, Indiana is a great place for Trump to gather support. [&hellip

Forget Buy Low Sell High

Forget Buy Low Sell High

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

Once upon a time – a little over a year ago – I helped a friend start an employee retirement program for her business, and that made both her and me feel very good. Building the long-term financial health of employees – in a tax-advantaged way – has to be one of the most rewarding [&hellip