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The gift of uncertainty
As any statistician will tell you, just because there's randomness in the system doesn't mean we can't make plans around it. Mor
Minimizing taxes on stock sales
You've got stock worth a hefty chunk of change...but if you sell, you'll have to pay taxes on the sale. So: what do you do?
The three pillars of Adaptive Financial Planning
Imagine, if you will, navigating at sea in premodern times.


It's not a financial plan without Monte Carlo
Monte Carlo simulations are one of the cornerstones of what I call "adaptive financial planning". The idea is to keep you on track
"What do you think about Tesla", and other parables on finance
It was a scene straight out of The Graduate.
Marijuana stocks -- one more round
It's been a year since I wrote my post on bitcoin, and now I'm having similar conversations around marijuana. Apparently, some messa


Handling money as a couple
Once you add another human being to the financial mix, things get an order of magnitude more complicated. Here are a couple of strategies th


The Dunning-Kruger Effect and the Engineer Syllogism
We engineers tend to fall to a particularly pernicious form of overconfidence due to the Dunning-Kruger Effect.


The yield curve (partially) inverted. What do I do?
As of this writing, the US yield curve has partially inverted. What does that mean? What should you do?
Should I pay off my mortgage early?
Your mortgage is almost certainly the single largest loan you will ever take on. Here are some things to keep in mind when doing your own an
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