When my wife and I went car shopping to get ready for our little bambino, we knew what we were getting ourselves into. The games. The sleaze. The sheer cost and uncertainty of buying someone else’s problems. But we did something few other people do: we made a plan. Our car buying process actually started […]
The ghost of index fund investing’s past
Back in August of 2017, I wrote some random thoughts about investing in index funds (which were largely ignored as far as I can tell): I wouldn’t exactly call this the end of index funds, but there are some interesting implications here. I’ve no idea whether index fund managers can influence markets like this. They […]
No, you still can’t predict the stock market
True story but the names have been changed to protect the now-deceased: Many moons ago, Alice bought the entire family lotto tickets for Christmas. Problem was… Alice was essentially broke. Very little income and the whole family was shocked. How could she afford to do this and, more importantly, why would she spend what precious […]
The case against index funds
When I was 18, I used to be a real penny-pincher. This is something I learned from my dad… I would always buy cheap flat-pack furniture. When you a teenager, you can’t afford a lot…and you end up with the quintessential “bachelor pad.”. The flimsy microwave cart. The weird cabinet thing that went over the […]
The Truth About 401(k) Incentives
The following is an old article I published back in 2011. However, it’s still relevant today. Thus, I republish it here for your rogueish eyes: Your financial adviser never told you that your 401(k) was a trust account. Does the free market work? Does it provide a way for individuals to save money for their […]