When I was very young, one of my co-workers (who had already tagged me as a finance nerd) asked me for advice on investing his 401K. This guy was contributing ~5% of his meager salary into a wee little account, but he was still really worried about his investment options. He wanted to choose good […]
The Limits of Diversification Read More »
One of my goals when working for the Man was to achieve a level where people below me would say, “I can’t believe that moron is making that much money.” That would have been a great sign that I had maxed out my ability. Sadly, as far as I know, I never hit that goal
Talent and Luck Aren’t Friends Read More »
There are many people who write about finance. There are also many people who write truly entertaining content. There are very few who do both. Nelson Smith, who writes at Financial Uproar, is their standard bearer. He combines authority, intelligence, and wit, and has been an inspiration to me since I’ve started writing. In what
Go To College. You Won\’t Regret It. Read More »
Student debt. It is the bane of folks everywhere, if, by “everywhere”, I mean the United States and by “folks”, I mean those people who have gone to really expensive private schools. College and graduate degrees can certainly cost a pretty penny, and many a personal finance blog is devoted to amassing a mountain of
How I Paid Off $65,000 in Student Debt in 2 Minutes Read More »
Early in the oughts, I was sitting with a colleague to discuss the staff who worked for us. I commented on one of his reports, who seemed to be very intelligent, friendly, and competent. I was thinking of using her for some extra work on one of my engagements and wanted his opinion. He winced
The Key to a Successful Career Read More »
This site is all about assets. But I like to define assets really, really broadly. As I’ve said before, many of us are millionaires from a personal balance sheet perspective – if you add the present value of your future earnings to your financial investments and couch change, the total may well exceed $1,000,000. But,
What’s Your Stuff Worth? (Human Capital Edition) Read More »