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A while back I read How I Invest My Money, a fairly short book that is comprised of 25 financial "experts" describing how they invest their money. It was interesting to see the different perspectives and rationales, so I thought it might be helpful (to somebody?) if I shared my1 portfolio. I look at our … Continue reading What’s In My Portfolio?
One of the biggest conflicts in Personal Finance is the tension between "living in the present" and "planning for the future." The former makes me think of this song: https://youtu.be/hnFZsrs32Co And the latter makes me think of this one: https://youtu.be/QV9JJmSCiI8 The problem I often see is that some folks see this as a binary choice, … Continue reading A Tale of Two Songs
This is going to be very long (first rationale, then step-by-step instructions). I think it's going to be worth it, but we'll see. Ask just about any math teacher and they'll tell you that humans don't have a very good intuitive sense of exponential growth (e.g., see the response to the pandemic). Humans are pretty … Continue reading Spending Matters: Calculating How Many Days Earlier You Can Retire
It's no secret that the real estate market pretty much everywhere in the United States is pretty crazy right now. Housing inventory is low (almost nonexistent in some places) and prices are high and going higher. Some of this has been offset by historically low mortgage interest rates, but even those have now risen to … Continue reading Home Buyer Assistance
One of the most helpful innovations in both investing and retirement planning has been the Target Date Fund. If you're not a familiar, a Target Date Fund is one investment that allows you to pick the date at which you anticipate needing your money (typically when you expect to retire), and the fund is setup … Continue reading Are Target Date Funds The Best Choice for Educators?
Every year when the Colorado legislature meets in the spring, there are typically several bills related to Colorado PERA that are proposed and sometimes passed. Sometimes those bills are very minor and sometimes very major. When they are major, they typically get a ton of attention, but when they are minor (or at least perceived … Continue reading PERA-Related Bills Before the Colorado Legislature: Your Action Needed
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