In a prior job, I spent a decent amount of time on Affordable Housing tax credits. The idea was to reduce my life insurance company client’s taxable income to the point where they would be close to but not subject to the...
Read MoreOnce upon a time, in a land far, far away, there lived a man named Lord Fallow. Lord Fallow was the Lord, the leader of his outlying area Fallowhaven, in the Kingdom of Greyscale. Truth, being the Lord there didn’t mean that...
Read MoreAfter my last book review, a reader asked how I was able to read so many books, given my other responsibilities. My answer is this: I keep a book near me at all times. When I get a break, I read a few pages. Over a week, that...
Read MoreThis is not a political blog. That said, almost all writing on economics and business embeds a political point of view. I recognize that my view is relatively libertarian with respect to economics/business, but conservative...
Read MoreBond indexes are what they are. They represent the average dollar invested in the bond markets. Those that say that the indexes are flawed miss the point. Indexes represent the average return of an asset class, with all of...
Read More1) Perhaps the US Treasury is getting a few things right. Let’s start with lengthening the average maturity of Treasury debt. I have backed this idea in the past. It is worthy to note that zero coupon yields peak out around...
Read MoreMost of us were kids once. I think I was a kid once, but my memory is fuzzy. I do remember playing the card game “War.” Nice game, but suppose if you were dealt a weak deck you had the option to look at the opponent’s deck,...
Read MoreThis was a book that I did not ask for. Wiley has been sending some books unsolicited. I’m not glad on all of them, but I am glad they sent this one. Much as I admire Jack Bogle, I am not a Boglehead. Low fees? Yeah. ...
Read MoreAfter the last article on this topic, you would think that they would take me off of the mailing list. But no. Wait! How did GTX Corp do after I wrote my article? In short, when I wrote, the price went down temporarily, and...
Read MoreWhen I write a piece, and entitle it “Toward…” it means that I don’t have all of the answers. Typically I think I am getting somewhere, but the speed of progress is open to question. That said, good questions and constructive...
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