When I was a kid, I never liked the game Monopoly. I found it slow and uninteresting. But now, as a parent, I see its value. I’ve tried a lot of things to teach my children about money, but nothing comes close to Monopoly in its ability to convey lessons in personal finance. Sure, it helps kids [...]
The Schwandts
Congratulations are in order for Jay and Kateri Schwandt, a Michigan couple who recently welcomed a new baby girl. This might not sound notable except that this is the Schwandt’s fifteenth child—and all of their first fourteen children are boys. In an interview, Jay Schwandt commented that he didn’t [...]
Book Review: How I Invest My Money
I’d like to tell you about a unique new book. How I Invest My Money is a compilation of personal money stories shared by 25 investment professionals. The book takes its title and its inspiration from a 2019 blog post by Joshua Brown, an investment advisor and widely-followed author and TV [...]
The John Cleese Way
I’d like to describe—and to recommend to you—what I’ll call the John Cleese approach to financial planning. It is, in my view, the simplest and most effective way to think about saving for retirement, or for any other goal. John Cleese, the English actor and comedian, is largely retired now. But [...]
The Election and the Market–So Far
While we're still waiting for the final tally, these are some initial observations on the stock market's reaction, so far, to the election. [...]
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