Posts Tagged ‘texas’

More on (MORON) Public Money For Private Sports Owners

More on (MORON) Public Money For Private Sports Owners

By The Banker | Blog Posts, Texas

This may seem like small-ball (because it is!) but I can’t sit idly by when my city’s government proudly announces their intention to shovel $75 million of public money toward building a minor-league baseball team stadium. This makes me so angry. I earlier nominated municipal attempts to lure the Oakland Raiders to San Antonio as [&hellip

Tax Liens In My Life

Tax Liens In My Life

By The Banker | Blog Posts, How Not To Invest, Investing, Personal Finance, Taxes, Texas

Since I like to write about finance, all of real life is merely raw material for finance lessons, so I beg your pardon while I talk about tax liens in my life. A while back  I described my astonishment at how low property taxes were for ‘agricultural exemption’ property that I happened to be eyeing [&hellip

Pundits Talking Their Book

Pundits Talking Their Book

By The Banker | Blog Posts, Texas

One of clearest, most knowledgeable, and most readable pundits on financial markets is a guy named Bill Gross. Gross, known in financial circles as the “The Bond King” and the founder of mutual fund giant PIMCO, writes an entertaining monthly letter with musings on his life, asset prices and value, and the future direction of [&hellip

Rent vs. Buy - The Simplest Answer

Rent vs. Buy – The Simplest Answer

By The Banker | Blog Posts

The “Rent v. Buy” discussion offers endless opportunities for debate. We can talk about the opportunity to buy a piece of the mythical ‘American Dream’ – on the path to acquiring key accessories like a white picket fence, 2.3 children, and a Viking stove. We can talk about the extraordinary risks taken by mortgage borrowers [&hellip

Audio Interview with Wendy Kowalik, Part I - On Fees

Audio Interview with Wendy Kowalik, Part I – On Fees

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

Here’s Part I of my interview with an investment consultant who charges advisory fees in an unusually (admirably!) transparent way. In Parts II and III to follow Wendy and I discuss the uses of insurance, the psychology of savings, and how to get rich slow. You can read the transcript but as always I recommend [&hellip