Posts Tagged ‘compound interest’

Ask An Ex-Banker: The Magical Roth IRA

Ask An Ex-Banker: The Magical Roth IRA

By The Banker | Ask an Ex-Banker, Blog Posts, Investing, Personal Finance, Taxes

A version of this post ran in the San Antonio Express News. Dear Michael, Next January, when I receive the proceeds for a house I’m selling, I’m considering converting 70K from my TIAAF-CREF Traditional IRA into a Roth IRA, and paying taxes to do that that. I could then make my 7 grandchildren the beneficiaries [&hellip

If You Like Feral Cats You'll Love Compound Interest

If You Like Feral Cats You’ll Love Compound Interest

By The Banker | Blog Posts, Personal Finance, Texas

A version of this post appeared in the San Antonio Express News. Nobody ever told me this, but I’ve always assumed that a first rule of writing is to never – ever – try to teach math through blog posts. But I learned writing through blogging on the interwebs where a first rule of everything – [&hellip

A Valentine's Day Guest Post - Blood, Bondage, Lust, Money

A Valentine’s Day Guest Post – Blood, Bondage, Lust, Money

By Banker's Wife | Blog Posts, Investing, Personal Finance

Editor’s Note: The Banker’s Wife offers up her guest post on “50 Shades of Monetary Inadequacy” I have bad news for you, Christian. No, it’s not that your movie will be universally panned, though you should pick up A.O. Scott’s review for your reading pleasure. 1 It goes deeper – I am here to tell [&hellip

A Million Dollars Richer - For Almost Nothing Except Coffee

A Million Dollars Richer – For Almost Nothing Except Coffee

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

Editor’s Note: A version of this post appeared in the San Antonio Express News I’d like to be a million dollars richer. And I don’t particularly want to work for it. I feel the way native San Antonian, former San Antonio Express-News writer and Saturday Night Live faux-philosopher Jack Handey did when he wrote: “It’s [&hellip

529 Accounts v. Retirement Accounts

529 Accounts v. Retirement Accounts

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

A version of this post appeared today in the San Antonio Express News. People who give financial advice – like me – can be so annoyingly contradictory sometimes. Some friends of mine with young kids – like me – asked me recently to look over their investment plans, and to give them my opinion on [&hellip