bad financial advice Archives

The Wall Street walkers

Last updated on: July 16, 2019 by David Lewis Filed Under: Financial Planning, Saving Money Tagged With: bad financial advice, financial advice, financial planning, good financial advice, investing, saving money, simple money saving advice

It’s amazing to me how bored people are today. How many T.V. apps are there? How many social media sites are there today? We have Apple TV (mostly for YouTube and so we can watch re-runs of old T.V. shows on Hulu) and I count no less than 20 apps. There’s probably more but I […]

My barbell method of financial planning

Last updated on: May 14, 2019 by David Lewis Filed Under: Financial Planning, Investing Tagged With: bad financial advice, barbell investing, barbell method of investing, financial planning, financial planning advice, good financial advice, reducing investment risk

Monday, as I was finishing my workout and unloading the barbell, I noticed something interesting. I had accidentally unloaded the bar unevenly on the squat rack. So here’s this steel bar sitting horizontally on 2 hooks about four-and-a-half or so feet up off the ground… with 100+ lbs loaded on one side and nothing on […]

Myopic financial advice

Last updated on: April 29, 2019 by David Lewis Filed Under: Financial Planning, Life Insurance Tagged With: bad financial advice, best money saving ideas, easy financial advice, financial advice, financial planning, getting bad financial advice, life insurance

Whelp, I’m officially old. Apparently, I need reading glasses now, at least according to my eye doctor. Funny thing about that… my nearsightedness has actually improved but my astigmatism has gotten a bit worse in my left eye. Anywho, the doc prescribed me two different lenses. Weird, because no other doc has ever prescribed me […]

Financial lessons from one of my favorite stories

Last updated on: March 5, 2019 by David Lewis Filed Under: Financial Planning, Life Insurance, Saving Money Tagged With: bad financial advice, bad financial advisors, bad financial planning, financial lessons, good financial advice, good financial planning

One of my favorite stories is Les Miserables by Victor Hugo. Some valuable lessons contained within that story too, despite it being mere fiction. Here’s what I mean: Near the beginning of the story, you learn about this man, Jean Valjean. He is imprisoned for 5 years for stealing a loaf of bread to feed […]

Foul-mouthed financial lessons

Last updated on: March 5, 2019 by David Lewis Filed Under: Financial Planning, Saving Money Tagged With: bad financial advice, easy financial advice, financial advice, financial advisor, financial planning, good financial advice, learning financial planning, persistence in saving money, saving money, simple financial advice

Love, love, love Gordon Ramsay (the famous, foul-mouthed, chef and restauranteur). Years ago, he had this show, Kitchen Nightmares, where he’d go in and rip these restaurant owners apart. Usually they deserved it because their food was awful, service awful, and the owners were in denial. Actually that was my favorite part. Ramsay would have […]