Archive for March, 2010

  • Predictions and Probability

    Predictions and Probability

    Investing is as much art as science. The reason is that it involves the emotionally charged interaction of human beings, which science cannot model. Successfully investing is part good decision making and part not shooting yourself in the foot. The Little Book that Beats the...

    Full Story

  • Early Retirement

    Early Retirement

    I ordered a book into the library and it finally arrived last week. To be honest, I didn’t remember requesting it, but it looked interesting. Stop working … start living : how I retired at 36, without winning the lottery by Dianne Nahirny. My guess...

    Full Story

  • There’s More to Money

    There’s More to Money

    I’ve spent a lot of time in the personal finance section of the library, since it’s a subject that I am interested in and professionally involved in. Most of the books fall into one of two categories, and I can sum them each up in...

    Full Story

  • Financial Self-Quiz

    Financial Self-Quiz

    My wife received the following financial self-quiz from a friend, by email. I think it means to be helpful. I’ve never really understood the attraction of a self-quiz, but it seems to sell magazines in supermarket checkout lines. I include it only for entertainment; what...

    Full Story

  • Schools are not the right place

    Schools are not the right place

    Imagine standing in front of a classroom with a stack of Monopoly money. In this scenario, your goal is for the children to learn to manage money like an adult should. There are two questions that should be addressed. Is this the best thing you...

    Full Story