“Charlie Sheen’s a friend of mine. I like Charlie, but I don’t want to be Charlie… I’ve never seen a guy go through hundreds of millions of dollars the way Charlie — it’s like the opposite of investing wisely… but he’s basically a decent guy and he makes me laugh.” — Jay Leno ***** Jay […]
How to reduce stress next Christmas
This xmas is over, time to plan for next year, right? No? Well, then save this blog post (or not) and read it in 12 months: In my totally non-professional opinion, the single best way to reduce stress around the hollydayz is to plan ahead. And if you do get angry or stressed out, explain […]
The subprime returns of index fund investing
The problem is that if you are talking about passive indexing, that is something that is really free-riding on other people’s work,” Shiller said. “So people say, ‘I’m not going to try to beat the market. The market is all-knowing.’ But how in the world can the market be all-knowing, if nobody is trying — […]
My Infinite Savings Concept
More wisdom from the late, great, John Wanamaker: Twenty years ago I had a capital of about a half million dollars. I then realized that a business man with a half million of capital and a million and a half of insurance on his life would have better credit than one with a half million […]
Obese piggy banks that are healthy at any size
After a long hiatus, I figured it’s time to start posting to the blog again. Plus, there are some really interesting things happening in the financial industry that I can yap your ear off about. But, before I do, let’s rap about personal finance books. Been re-reading one of the best ever written: The Richest […]