In 2009 author Chimamanda Adichie coined the term “single story.” A native of Nigeria, Adichie first came to the U.S. to attend college. Almost immediately, she was struck by the one-dimensional lens through which many saw her. It started with her roommate. Knowing that Adichie had just arrived [...]
What was missing from Finance 101
When I think back to Finance 101, what I recall, more than anything, is formulas—a whole lot of formulas. First came the calculation for present value, then formulas for valuing bonds, stocks, options, futures, forwards and all sorts of other financial instruments. This was interesting. But with [...]
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 [...]
The election
Do elections affect the stock market? Last week I cited an analysis by Vanguard Group which attempted to answer this question. The verdict: “It’s understandable to have concerns about the election. But as far as your portfolio and the markets are concerned, history suggests it will be a nonissue.” [...]
Moving beyond regret
Last week I discussed strategies to avoid making decisions you might regret. But what if it’s already too late? What if you've already made a financial decision you regret? Then what? Below are six strategies to help manage, and hopefully minimize, regret over past decisions. 1. I'll start with a [...]
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