Articles

I no longer update this site with new articles but send them to my subscribers weekly for free. Sign up to get my latest writing on money, the economy and investing via email.




Here's a list of all the articles on the site:

The Man Who Turned His Back On The World ‒ What the Hojoki teaches us about balance.

How Bitcoin Works ‒ What you need to know about bitcoin in order to invest.

Why Are Interest Rates So Low? ‒ What are the factors that determine the level of interest rates.

How Debt and Deleveraging Impact the Economy ‒ How periods of rising debt and deleveraging can impact GDP growth, deflation and inflation.

Navigating Early Retirement ‒ How to handle the emotional toll of early retirement.

Understanding the National Debt ‒ How to tell if federal debt is unsustainable.

Are Stocks In A Secular Bull Market? ‒ Mounting evidence stocks are in a long-term uptrend.

What Are The Risks of Income Investing ‒ Income investors need to mitigate concentration, valuation, interest rate and leverage risks.

Discover Your Investment Style ‒ Why investment styles are as varied as poems.

Solving the Student Loan Debacle ‒ With student loan default rates soaring, what are some education funding models besides debt.

Why You Shouldn't Pay Off Your Mortgage ‒ How home mortgages are a powerful inflation hedge.

Homes Depreciate Like Cars ‒ What investment return should you expect for your home.

The U.S. Government Is Insolvent ‒ Why investors still buy government bonds even though the federal government is insolvent.

Why We Need Leisure ‒ Leisure is what gives meaning, depth and purpose to life and work.

Are Low Oil Prices Here To Stay? ‒ Two schools of thought regarding the direction of oil prices.

Why Is The U.S. Dollar Appreciating? ‒ What drives currency exchange rates and how it applies to the strengthening U.S. dollar.

How To Invest Like A Hedge Fund ‒ How individual investors can invest like a hedge fund without paying the high fees.

Discover Empty Spaces ‒ Why we need to build gaps, stillness and empty spaces into our routines.

Why Security Prices Behave Like They Do ‒ Fractals, power laws and investor psychology.

An Investing Rule of Thumb ‒ A simple investment rule that is more accurate than a complex formula.

Mind The Gap ‒ The simple formula to not run out of money during retirement.

One Solution To Retirement Worries ‒ The advantages of single premium immediate annuities.

The Role of Luck in Success ‒ How success and luck are intertwined.

Are You Sure You're Diversified ‒ How to tell if your portfolio is diversified.

Quantitative Easing: A Big, Fat Placebo ‒ Why QE is a flawed policy.

Lessons From A Madman ‒ On zigzagging and hitching your chariot to soaring dragons.

Overpaying For Books: A Case Study In Behavioral Economics ‒ Anchoring, mental accounts and other behavioral tricks we rely on when buying.

Is The Story Changing? ‒ Financial markets are driven by stories and volatility is usually a sign the lead story is changing.

Why Do You Buy What You Buy? ‒ The benefits of being mindful of what you buy.

How War and Peace Impact Market Returns ‒ World peace is highly conducive to positive long-term investment returns.

Focus On What's Not Going To Change ‒ Investment success with indexing is dependent on capitalism and long-term economic growth remaining in place.

Focus On The Extreme, Not The Average ‒ Structure your investment portfolio based on your ability to recover from extreme negative events.

Are You Using an Inaccurate Map? ‒ Why asset allocation models based on modern portfolio theory are flawed.

Live Like You're Already Retired ‒ Living like you're retired is living the good life.

The Rise of China ‒ Is It Sustainable? ‒ How China grew its economy thirty times over in thirty years.

What Will Unlimited Growth Cost? ‒ The high cost of increasing the developing world's standard of living.

The World Is Getting More Risky ‒ What is risk and how should manage it.

Stop Worrying About the Next Market Crash ‒ How to act when facing unpredictable markets.

Are You A Complacent Investor? ‒ How central bankers are causing investors to be complacent.

Are Dollars Safe? ‒ Inflation is the greatest risk to the dollar.

Why the Dollar Remains King ‒ Who chooses the reserve currency.

Bank Runs and Repos ‒ How a bank run by institutions help cause the Great Recession.

What's Causing the Ammo Shortage ‒ The government isn't buying up all the ammo.

Keep Return Expectations Low ‒ How to calculate your expected portfolio return.

What Return Should You Expect? ‒ You need to know what you can earn investing.

How the Economy is Measured ‒ What is GDP and how we influence it.

The Societal Cost of a Thing ‒ What are negative externalities and what can we do about them?

The True Cost of a Thing ‒ The personal cost when we buy something is often higher than its price.

How's Your Financial Literacy? ‒ 70% of Americans couldn't answer these three basic personal finance questions. Can you?

The High Cost of Cheap Imports ‒ Why countries should trade for each other's best goods, not their cheapest.

Cheap Shirts, China and the National Debt ‒ The economic consequences of cheap U.S. clothing prices.

What If Medicare Didn't Exist? ‒ What seniors would pay for private health insurance without Medicare.

Why We Pay Federal Income Tax ‒ Not so the government has money to spend.

The U.S. Government Doesn't Issue Debt To Raise Money ‒ The U.S. can't go bankrupt.

How Banks Create Money ‒ Banks conjure money out of thin air.

The End of the Gold Standard ‒ Why money is no longer backed by gold.

Beware of Financial Dragons ‒ How to protect against dragon risk.

Three Types of Investors ‒ Which one are you?

Overcoming Investing Worries ‒ The two fears every investor has.

Quantitative Easing Explained ‒ A simple guide to QE and the "taper".

Fearing A Dollar Crash ‒ How likely is it that the U.S. dollar will collapse.

Bubbles, Gold and Bitcoin ‒ Why there can never be a bubble in gold and Bitcoin.

Stop Scaring the Grandkids ‒ Why the national debt will never be paid off.

The One Question Every Investor Needs To Answer ‒ Answer this before you invest.

Why Great Investors Will Hold Cash ‒ Cash is not always trash.

Stay Out Of The Deep End ‒ How to scale your stock market exposure.

The Power of Doing Nothing ‒ Sometimes the best investment choice is to do nothing.