Recently reading about Hammurabi’s Code, and came across something that made me crack a smile. If a merchant entrust money to an agent (broker) for some investment, and the broker suffer a loss in the place to which he goes, he shall make good the capital to the merchant. If you’re not familiar, way back […]
When you read the quiet parts, loud
When’s the last time you pulled out your retirement plan documents or your home loan and mortgage contract, or heck… your life insurance policy contract? Financial contracts are really complicated. Especially life insurance policies. OK, not all life insurance policies, but some of them are super-duper complex. They sometimes contain language like: “we may increase […]
An ignoramus’s understanding of life insurance
Besides, children should have something to do, and the rattle of Archytas, which people give to their children in order to amuse them and prevent them from breaking anything in the house, was a capital invention, for a young thing cannot be quiet. The rattle is a toy suited for the infant mind, and education […]
How to make your savings invisible
One of my all-time favorite movies is Batman Begins. There are so many things going on in that story that I’m still seeing new things each time I watch it. For example: There’s a scene in the movie where Bruce Wayne is being trained by Ra’s al Ghul (at that point, , Wayne believes him […]
Some of my favorite books on personal finance
Last week, this dood booked an appointment with me to discuss whether whole life insurance made sense for him. Once the video chat meeting began, it became clear to me that this wasn’t going to end well. This was someone who, about a year ago, booked an appointment with me and then never showed up […]