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. It goes deeper – I am here to tell you [&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