Step One for getting over your fear of money: Learn what it is. Most of us suffer from a fear of money from time to time, and don’t […]
Family and Money — The Price You Pay
Family and Money Item #1 — Financial Risks of Living Together Are there financial risks in living together rather than being married? Here are three potential challenges/issues that […]
The Shame (and Pride!) of Expecting an Inheritance
Expecting an Inheritance Is Expecting Unearned Money. The dollar amount of your first paycheck was small. The feeling of pride you experienced on earning it was big. We […]
Woody Allan’s Take on the Efficient Market Theory
“If I listen long enough to you, I’ll find a way to believe that it’s all true. –Tim Hardin, ”Reason to Believe” Woody Allen tells a joke with […]
Who’s Afraid of the Efficient Market Hypothesis?
All the ladies in Washington are scrambling to get out of town. –Dylan, “Thunder on the Mountain” Critics of the Efficient Market Hypothesis Need to State Their Case […]
The Efficient Market Concept is A Big Bunch of Hooey
Those Who Believe in an Efficient Market Are Not Able to Say With Much Clarity What It Is. The Efficient Market Theory posits that all that there is […]
The Future of Behavioral Finance
The madman has lost everything except his reason. –C.K. Chesterton The Efficient Market Theory is a lie (that humans do not possess emotions) that generated many other lies […]
John Walter Russell’s Early Retirement Planning Insights
John Walter Russell’s Early Retirement Planning Insights site presents exciting and innovative research on what the historical stock-return data really says about how stocks perform in the long […]
Disclaimer
This web site advocates an approach to money management that helped me save a lot of money in a short amount of time. I know a good number […]
David Bach and the Realities of Writing a Budget
David Bach argues in his book The Automatic Millionaire that budgets are not generally such a hot idea. I don’t agree. But I do very much like the argument that […]