I’m no economist, so bear with me here. I’d always assumed that because of the US government’s propensity to incur unfunded liabilities, tax rates in the future would have to go up (making Roth IRAs and Roth 401k’s a better bet) to keep the economy from collapsing. However, a story I saw today about Google’s [...]
If you’re like me, when you think of hedge funds you think of small investment houses managing billions of dollars and using extremely complex strategies involving derivatives and high frequency trading. I picture dark rooms full of PhDs hunched over monitors, pouring over data in search of the next tiny tweak that will increase their [...]
I find wealth very interesting, and I’m particularly interested in the culture and lifestyles of the wealthy. Not necessarily the lifestyles of the “rich and famous”, but more the lifestyles of the truly wealthy, who often fly below the radar to a certain degree. At any rate, I found The New Elite last year but [...]
I got my iPhone in summer of 2008, and I’ve really enjoyed it over the last two years. However, it’s beginning to show its age, so I’ve been considering getting the new iPhone 4. But then I started really thinking about the total cost. The new iPhone 4 is $299, plus the voice and data [...]
There was recently this really amazing article by Tony Wright and ensuing discussion on Hacker News about founders of startups who think they’re going to retire at 30 after taking home $4.3mm or so. The gist of the article was that with $4.3mm, you can’t expect to live indefinitely on an inflation-adjusted salary of $200k [...]
I’m pretty fascinated by wealth, including the methods by which fortunes are made and lost, and what makes the difference between someone who makes a few million and someone who makes a few billion. I’ve been thinking about this topic for awhile now, but the recent hit song “I Wanna Be a Billionaire” has reminded [...]
Ok, it’s only been a couple days since I said I was going to give Mint.com a two-week trial, but things are already looking a bit bleak in terms of Mint.com being my primary personal finance tool. Here are a few of the issues: 1. Budgeting feels like an afterthought Budgeting and planning are pretty [...]
I’ve been using Mvelopes.com off-and-on for the last two years, but I’ll confess that I haven’t been so good about it for the last twelve months or so. Here’s why: it sucks. It has a horribly flash interface, is ridiculously slow and clunky, has bugs, and is always having issues with downloading my account data. [...]
