Posts Tagged ‘wealth’

On Mortality and Wealth

On Mortality and Wealth

By The Banker | Blog Posts, Personal Finance

I’ve already talked about the link between work and wealth but what about the ties between death and wealth? A buddy in New York used to tell me that the right way to manage your money is to have just enough to cover your bills until the day you die, and then bounce the check [&hellip

The Link Between Wealth and Work

The Link Between Wealth and Work

By The Banker | Blog Posts

I’ve been struggling for a while now on defining what I think ‘being wealthy’ means. So far what I’ve come up with is that ‘being wealthy’ has something to do with embracing two realities we tend to want to avoid: work, and death. I’ll talk about death later, but for today I think that one [&hellip

Kooky and Good Idea To Address Inequality

Kooky and Good Idea To Address Inequality

By The Banker | Blog Posts, Inequality

UK economist Anthony Atkinson published a book “Inequality: What Can Be Done?” in May of this year in which he proposes radical solutions to the most pressing financial problem of our time. I thought I’d heard all the important arguments on the topic, and then this economist comes along with a totally bonkers idea that [&hellip

Dueling Mortgage Gurus and Uncertainty

Dueling Mortgage Gurus and Uncertainty

By The Banker | Blog Posts, Personal Finance, Texas

One of the things that makes finance endlessly fascinating (to me!) is that perfectly sound logic for one situation turns out to be perfect madness in another situation. In my best moments I appreciate the ironies and contradictions. In my worst moments I despair for people whipsawed by the seeming complexities of financial choices. Most [&hellip

Video: WSJ on Wealth Inequality - Causes and Solutions

Video: WSJ on Wealth Inequality – Causes and Solutions

By The Banker | Inequality

I happened upon this excellent little video put out by the Red Communists who run the Wall Street Journal today. Since I think: 1. Wealth Inequality is a Top 3 issue facing the US and the World; 2. I’m in favor of everything that adds helpfully to the discussion; 3. We all have a hard [&hellip