Posts Tagged ‘risk’

Flood Insurance - A Post-Harvey Revisit

Flood Insurance – A Post-Harvey Revisit

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

Like everyone with a home mortgage, I have homeowner’s insurance that covers most catastrophes, although the list of covered catastrophes specifically does not include flooding. Occasionally I worry because my house backs right up to the San Antonio River. Fortunately, my yard and house are outside the boundaries considered to have a 1 percent chance […]

Risk and Uncertainty and Heuristics

Risk and Uncertainty and Heuristics

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

I’ve become very attached to the “Five Year Rule,” which is my consistent rule-of-thumb answer to the question: Should I invest in stocks? Five Year Rule How does the Five Year Rule work? I answer the “should I invest question” with a question of my own. Will you need the money in less than five […]

Book Review: Risk Savvy by Gerd Gigerenzer

Book Review: Risk Savvy by Gerd Gigerenzer

By The Banker | Book Reviews, Personal Finance

Gerd Gigerenzer wrote Risk Savvy: How To Make Good Decisions in the spirit of Nate Silver’s The Signal and The Noise, and Innumeracy by John Allen Paulos. These latter books propose a “How To Think” while also proposing that people should be taught to think differently, and stop making epistemological errors. Distinct from The Signal […]

Ask An Ex-Banker: 100% Equities Even In Retirement?

Ask An Ex-Banker: 100% Equities Even In Retirement?

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

Hi Michael, I enjoy and look forward to your advice every week. I am about to do as you (and a lot of other smart people) recommend and move our investments to several diversified equity index funds. My question: would you still suggest no index bond funds for someone in our age bracket? I am […]

Entrepreneurs: Pack Half the Luggage, Bring Twice The Money

Entrepreneurs: Pack Half the Luggage, Bring Twice The Money

By The Banker | Blog Posts, Personal Finance, Texas

A version of this post ran in the San Antonio Express News. In late high school and college I travelled to Mexico as often as I could. Some trips I went for ten days, later trips for a semester of school, then a whole summer. Finally, after graduating from college, I lived and studied in […]