The New Yorker on Housing and Mortgage Subsidies

The New Yorker on Housing and Mortgage Subsidies

By The Banker | Blog Posts, Inequality, Personal Finance, Taxes

I can’t say there’s anything particularly new in James Surowieki’s New Yorker article on the various ways we subsidize home ownership vs. renting, but taken as a whole he provides a great starting primer and review of the arguments. I mean, don’t get me wrong, home ownership is awesome for some – even for many [&hellip

Worst San Antonio Financial Idea of 2015: Bringing Raiders to Town

Worst San Antonio Financial Idea of 2015: Bringing Raiders to Town

By The Banker | Blog Posts, Taxes, Texas

A version of this post appeared in the San Antonio Express News Are you ready for my first nomination for San Antonio’s Worst Financial Idea of 2015 Award? “What? So soon,” you say? “We just started the year!” Yes, but I’ve resolved against procrastinating in the New Year, and this idea clearly needs highlighting. Are [&hellip

Not A Fan Of Socially Responsible Funds

Not A Fan Of Socially Responsible Funds

By The Banker | Blog Posts, Investing, Personal Finance, Texas, Wall Street

A version of this post ran in the San Antonio Express News. I want to be wealthier. I also want to be a good person. A friend – someone who also wants these two things – recently asked if I could recommend a good, reasonable-cost, ‘socially responsible’ mutual fund. My answer: Nope. I can’t. Now, [&hellip

Fired Up By Cuba Policy Change

Fired Up By Cuba Policy Change

By The Banker | Blog Posts, Inequality, Texas

A version of this post appeared in the San Antonio Express News. I’m totally fired up that the Obama administration relaxed travel, trade, and diplomatic restrictions on Cuba last week. Removing the US embargo will not raise up Cuban people’s lives as much as we hope without the Cuban regime, for its part, embracing more [&hellip

Book Review: The Turtle of Oman

Book Review: The Turtle of Oman

By The Banker | Book Reviews, Texas

A version of this review ran in The Rivard Report.  An unexpected gift On the Wednesday morning before a Thanksgiving weekend in Big Bend National Park, the poet and novelist Naomi Shihab Nye dropped off a signed copy of The Turtle of Oman, her recently published novel, for my daughters. Touched by this unexpected gift, [&hellip