Interview Part II: Advisor on Whether College Is Broken

Interview Part II: Advisor on Whether College Is Broken

By The Banker | Audio Posts, Personal Finance, Texas

This is Part II of an interview with Julie, a College Advisor, who talks about whether the old 4-year college model even makes sense. Please also see related posts: Interview Part I – The Rising Cost of College And College Savings and Compound Interest   Michael:    Hi, my name is Mike and I used to [&hellip

Interview Part I: Advisor on the Rising Cost of College

Interview Part I: Advisor on the Rising Cost of College

By The Banker | Audio Posts, Personal Finance

In this interview, Julie – a college advisor, offers her perspective on the rising cost of college, which has become financially unfeasible for most middle class families in the last 25 years. Please see related post on Compound Interest and College Savings THE INTERVIEW: Michael:    Hi, my name is Mike and I used to be [&hellip

Guest Post: Lars Kroijer on How Agnosticism Over Edge Can Earn You 7 Porsches

Guest Post: Lars Kroijer on How Agnosticism Over Edge Can Earn You 7 Porsches

By Lars Kroijer | Blog Posts, How Not To Invest, Investing, Personal Finance, Wall Street

Editor’s Note: Author and recovering hedge funder Lars Kroijer provided this guest-post, making the case that most of us would be better off acknowledging we do not have an edge over markets.  Most of us can’t consistently “beat the market,” but many of us pay a lot in fees to try. Please also see related [&hellip

Book Review: Going Going by Naomi Shihab Nye

Book Review: Going Going by Naomi Shihab Nye

By The Banker | Book Reviews, Texas

Teen romance novels for girls are not exactly the bread-and-butter of Bankers Anonymous book reviews, but stick with me for a little while, I’ve got my reasons. Going Going by San Antonio poet and novelist Naomi Shihab Nye is not your typical teen romance novel, although it does follow the arc of a sixteen year-old [&hellip

College Savings v. Retirement Savings

College Savings v. Retirement Savings

By The Banker | Blog Posts, Personal Finance, Taxes

An astute reader pointed out some qualifications to my Friday post on 529 college savings accounts – specifically, reasons not to fund them.  The most compelling reason, coincidentally covered in the next day’s New York Times, is that funding your 529 accounts is not as important as funding your 401K retirement account. The New York [&hellip