Posts Tagged ‘texas’

Real Estate Tax Rant

Real Estate Tax Rant

By The Banker | Blog Posts, Taxes, Texas

Real-estate tax policy – incredibly important yet relatively unseen – shapes how and where we live. I’ve ranted about estate tax policy as well as carried-interest tax policy here before, and now I’d like to rant about real-estate tax policy in my city. As before, I don’t think it’s enough to say ‘I hate taxes,’ because taxes [&hellip

City Direct Equity Investments - UGH

City Direct Equity Investments – UGH

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

A version of this post appeared in the San Antonio Express News. I read with much interest the story last week of the San Antonio City Council approving a direct investment of $1.75 million in city funds to move three startup medical device manufacturing companies to San Antonio. And by “much interest” I mean the [&hellip

Election Night Talk on TX Comptroller Race

Election Night Talk on TX Comptroller Race

By The Banker | Audio Posts, Texas, Video

I joined my colleague at the San Antonio Express News to discuss the incoming Comptroller, as well as the fate of the controversial Texas Enterprise Fund. Broadcast live streaming video on Ustream   The TL;DR Summary – 1. Susan Combs deserves credit for shedding light on state finances, such as county debt and school district [&hellip

Rebalancing, Explained

Rebalancing, Explained

By The Banker | Ask an Ex-Banker, Blog Posts, How Not To Invest, Investing, Texas

Editor’s Note: A version of this post appeared today in the San Antonio Express News: A former student at Trinity sent me a Facebook message recently. He linked to an advertisement message for an investment advisory company that emphasized the importance of ‘rebalancing’ one’s investment portfolio every quarter or every year. I realized I had [&hellip

Volatility in Stocks - That's a Good Thing

Volatility in Stocks – That’s a Good Thing

By The Banker | Blog Posts, Texas

A version of this post ran in the San Antonio Express News today. The U.S. stock market got quite volatile last week, and I couldn’t be happier. Let me explain why, by way of the analogy of the 2011 fire at Lost Pines State Park. Scorched earth and equity markets Two weeks ago, I drove [&hellip