Yearly Archives: 2014

July 2014 Net Worth Update

Wow the market will just not quit, huh?  This has to end and it is going to be an ugly place around the Evan household when it does!  Not because I will have to sell anything, but I am absolutely affected by loss aversion.  Loss Aversion is the idea that a $100 lost hurts more than…Continue Reading

I am Not Sure How I Feel About the Recent Tax Inversion Activity

If you follow business news at all you’d see an increase in tax inversion stories.  To put it simply tax inversion is when a United States company buys a foreign company and adopts the purchased company’s address to reduce taxes owed to Washington.  A screenshot from google’s search insights shows the increase interest in the…Continue Reading

The Guaranteed Renewability on your Term Life Insurance Policy is Likely Not a Viable Option

The guaranteed renewability option on your term life insurance is likely to have no real value if you are like many adults who survive their initial term and still need insurance. My in-laws are about 60 years old and there is still a real need for life insurance on my father in law’s life.  He…Continue Reading

Is Cash Fungible? Do You Create Separate Bank Accounts for Goals?

Building on the basics of personal finance that I started talking about last week, one of the biggest changes that The Wife and I made years ago was agreeing that cash isn’t fungible.  It took some convincing on her part to prove to me that creating different cash and investment buckets for specific purposes and goals would…Continue Reading

What Should Someone Do After Paying Off All Consumer Debt? There is No Right Answer

I received an email yesterday from a reader named Jared that reminded me among my recent posts about investing and Buffett I may have been ignoring some basic tenets of personal finance.  Jared wrote me and asked, Evan,  First off, THANK YOU. Your blog has been wonderful to read and has been very useful to…Continue Reading

Warren Buffett’s View on Dividend Policies and Paying a Dividend

I am not shy about discussing my dividend investment portfolio, however, that has not limited my recent fascination with all things Buffett (who as discussed below feels differently on the subject for Berkshire Hathaway).  As soon as I finished The Snowball: Warren Buffett and the Business of Life I immediately downloaded all of his shareholder letters.  If…Continue Reading