Monthly Archives: July 2014
The $1,000 Challenge (or whatever number works for you)
Here’s how it works: Challenge your kids (grandkids, nephews, nieces, any young person you care about) to save a sum of money – say $1000. Set a target age – 16, 18, 24, 30 – and start from wherever you … Continue reading
The OVERLAP Trap
A number of years ago I saw a film called Navigating the Fog of Investing. It makes the claim that most investment managers chase after themselves to own all of the same stocks in their portfolios. One after another, managers and … Continue reading
My “riches to rags to different kind of riches” story
“Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.” ~ Proverbs 13:11 This Old Testament proverb went very well with last Friday’s post about the lottery study. I thought this week I’d let you in on a bit more of my … Continue reading
Cost of the Cup, Death of a bank, Insanity in the courts: WEB GEMS
World Cup fever (3:07) . . . Like other fevers, hosting the Cup can be deadly if you’re poor. A New Deal death (2:00) . . . Bloated, inefficient, and crony connected, FDR’s Export Import Bank may be getting the … Continue reading