Become a Patron! Via TravelBloggerBuzz, last week I read a fascinating story about the resolution of a FINRA arbitration complaint against two JPMorgan financial advisors by their grandmother, whose money they had supposedly misallocated for the benefit of themselves and their employer. Unfortunately, for the usual reason (laziness) the business journalist was unable to … [Read more...] about What’s the real story behind the zillionaire widow defrauded by her grandsons?
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Cheap lessons
Become a Patron! One of my favorite concepts to tell people about is "affordable luxuries," the things that barely make a dent in your bank account but immediately spark joy: cheap candles, nice towels, or a new filter in your refrigerator. There are times when spending a lot of money will make you a lot happier, and there are times when spending just a buck or two will make … [Read more...] about Cheap lessons
Donor-advised funds are in the news, here’s why it matters
Become a Patron! Attributing quotes to famous dead people is, as the great Greek poet Homer is said to have once remarked, one of mankind's oldest storytelling traditions. In that spirit, I want to pass along Margaret Thatcher's famous answer when asked to name her greatest achievement in office: "Tony Blair and New Labour. We forced our opponents to change their … [Read more...] about Donor-advised funds are in the news, here’s why it matters
The SECURE Act and the defects of the centrist mind
Become a Patron! I've written previously about the SECURE Act, the House version of a measure designed to encourage employers to allow employees to gamble their retirement savings on the long-term financial stability of private insurance companies. The measure has since cleared the House but is currently being held up in the Senate for now by Ted Cruz who is trying to turn … [Read more...] about The SECURE Act and the defects of the centrist mind
Beware Republicans bearing robust debate and compromise
Aparna Mathur is a Resident Scholar, Economic Policy, at the American Enterprise Institute, a libertarian think tank with an excellent kitchen that I periodically visit when I want to save money on lunch or cocktails. If you're ever in DC I strongly recommend visiting their events page to see if you can enjoy one of their catered meals or open bars. Scholar Mathur has … [Read more...] about Beware Republicans bearing robust debate and compromise