Money and Behavior

Lines for iPhones – Really?

People are lined up at Apple stores to buy the latest and greatest iPhone. Really? Are... 

Personal Finance and the iPhone Affect

How many hours will you waste this year staring at your hand? That’s the rhetorical... 

Disciplined Customers Bad for Banks

If you have a disciplined financial life, you don’t bounce checks or overdraw... 

NYU Business School Fail

You must watch this video blog post about a recent graduate of NYU’s undergraduate... 

Padded Pensions in New York

Do you need another reason not to live in the state of New York? Read on and you... 

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Economics

The BP-Induced Economic Hangover

President Obama made promises last night on behalf of the federal government for... 

Municipal Bonds for Junk Collectors

Poor financial management exists at all levels of government. City politicians have... 

Bracing for Second Real Estate Collapse?

Recent reports of home sales and pending contracts are favorable. But is this just... 

Investing for a Worst Case Scenario

The past two years have seen endless bailouts and rescue attempts initiated by the... 

The Questionable Logic of Extended Unemployment Benefits

Congress has again extended unemployment benefits, this time June 2. I’ve lost... 

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Investing

Re-thinking Asset Allocation and Correlation

A bedrock principle of asset allocation for the long term investor is asset correlation. The theory is that a properly allocated portfolio includes investments in different asset categories or classes that are non-correlated. This means that as general market and economic conditions change, the different asset classes won’t experience a lockstep... [Read more of this post]

Bank of America Withdrawal and Investment Simplification

Yesterday and today I continued the process of disengaging from our relationship with Bank of America.   [Read more of this post]  Read More →

Anticipating a Second Market Collapse

The doomsday investors and prognosticators are out in full force. They are predicting another collapse of the markets. I am concerned, of course, as I am in the retirement home stretch. There are plenty of theories for why we should expect more bad news. [Read more of this post]  Read More →

Boosting Our Gold Holdings

We made a small adjustment in allocation of assets in our taxable investment accounts. I can’t say I feel great about it but that’s OK. [Read more of this post]  Read More →

There Are No Stock-Picking Geniuses

I shake my head when someone writes about managed funds or picking individual stocks as a preferred way of investing. For every lucky home run investor or fund manager genius of the day, there is a genius has-been. [Read more of this post]  Read More →

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