Video - Intro To Business Budgeting

Video – Intro To Business Budgeting

By The Banker | Audio Posts, Personal Finance, Video

Here’s an introductory video we did for LiftFund, a not-for-profit business microlender, based in San Antonio, TX. 1 LiftFund targets lending to small business owners who have otherwise not been able to get capital – or have already been turned down – from traditional banks. They offer not just loans but business training, financial education, and coaching. [&hellip

Shit Sandwich - Variable Annuities

Shit Sandwich – Variable Annuities

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

In my favorite movie of all time, Rob Reiner recalls the two-word alliterative review of Spinal Tap’s unsuccessful second album “Shark Sandwich,” as simply “Shit Sandwich.’ The band members react to this shocking review with resentment, but also with a sense for what newspapers are allowed to actually say. David St. Hubbins: “Where’d they print [&hellip

Video – Instructions on Bank Reconciliation

By The Banker | Audio Posts, Texas, Video

Sometimes I help produce educational materials for LiftFund, a large business micro-lender based in my hometown. This video is for small business owners who want to know what ‘Bank Reconciliation’ involves, and why and how you probably need to do it yourself as the business owner. Hint: Bank Reconciliation has nothing to do with confessing [&hellip

Audio Interview Peter Kovac Part 2 - Disruption, IEX, Dark Pools, Blowups

Audio Interview Peter Kovac Part 2 – Disruption, IEX, Dark Pools, Blowups

By The Banker | Audio Posts, Investing, Wall Street

Editors Note: I highly recommend consuming this interview in audio form, by clicking the start box above. So much more interesting! Please see interview Part one with Peter Kovac here, on HFT market making front-running and profitability Part 2 of the interview HERE: Michael:          Hi, my name is Michael, and I used to be a [&hellip

ETFs vs. Mutual Funds

ETFs vs. Mutual Funds

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

Mutual funds and exchange traded funds (ETFs) do pretty much the same thing, which is allow an investor, with a single purchase, to own a diverse pool of assets – usually stocks or bonds, but also sometimes commodities, currencies, futures, bank loans or other financial exotics. Since they mostly do the same thing, the most [&hellip