investment

Homes are not Investments

July 12, 2011
mcmansion with tennis court

I love this type of safe, backward-looking analysis from Professor Robert Bridges for the Wall Street Journal: Is it wise for coming generations to continue to view ownership as the cornerstone of personal finance? Young people planning for retirement increasingly face a choice between house payments and contributions to retirement accounts. They simply can’t afford [...]

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The Trifecta of Bullshit: Credit Scores, Accreditation, & Investment Ratings

July 21, 2010

What do credit scores, college accreditation, and investment ratings have in common? All three are gatekeepers in moving around the Economic Grid, and all three are bullshit.  Nowadays, you can’t even rent an apartment without references and a good credit rating, and credit rating has become a sort of good citizen score.  In fact, some [...]

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