Financial Geekery

October 30, 2012

Though the financial media buzz has faded somewhat in recent years, ETF’s (exchange-traded funds) exploded in popularity in the mid-2000’s as an alternative to index funds. What are they, and should you invest in them?

An exchange-traded fund is exactly what it says: a...

October 16, 2012

Getting a bargain is a great feeling, isn’t it? In fact, I know some people who flat out refuse to buy anything at retail price. (And that’s not a bad goal, as far as it goes.) But there’s a danger — I think the cartoon says it better than I ever could:

Madison Avenue k...

October 2, 2012

Last week, we talked about prescriptive and descriptive budgeting — “I Will” versus “It Is.” I did this because they’re useful concepts, but mostly, because I have a challenge for those I call “100% descriptives”.

First, though: descriptive budgeting can be a wonderful...

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