The 10th Man, December 2018

The Ant and the Grasshopper

December 27, 2018

I’m sure you’ve heard the fable of the ant and the grasshopper. The ant busted his ass all year growing some grain to store for the winter, while the grasshopper was laying about, playing the fiddle.

We Are All Interest Rate Traders Now

December 20, 2018

I have said this before: the 30-year fixed rate mortgage is the greatest financial innovation of the 20th century. Perhaps of all time.

Unrealistic Return Assumptions

December 13, 2018

There is no shortage of stupid people tricks in the financial markets, but probably the worst thing people can do is to have unrealistic return assumptions.

Tipping for Dummies

December 6, 2018

Tipping is a personal finance topic that does not get a lot of attention. In fact, most personal finance experts turn people into lousy tippers. After all, if you go out to eat 500,000 times, and you stiff the server for $2 each time, you will have $1 million and can retire at age 35 and eat canned peaches. Or something like that.