Meet the New 401k Millionaires Next Door

Michelle Singletary writing at The Washington Post: Fidelity, one of the largest managers of workplace plans, reported that its number of 401(k) millionaires in the fourth quarter of 2021 jumped …

Cryptocurrency is a Scam

Nicholas Weaver being interviewed at Current Affairs: So the stock market and the bond market are a positive-sum game. There are more winners than losers. Cryptocurrency starts with zero-sum. So …

GameStop Winners or Losers?

But I know I can at least pick 100% returns. Double my money… that’s my confidence in my system. Two guys who worked at a battery store score big on …

Stop Buying Your Stuff Stuff

From Paul Ford’s Grand Unified Theory of Buying Stuff essay at Wired: The problem is that certain kinds of stuff simply attract more stuff. The home is an obvious one: …

5 Great Things About Distance Learning

With COVID-19 still making physical proximity an exercise in risk analysis, the task of educating children has proven to be yet another 2020 event wreaking havoc on everyone involved. Teachers, …

The Case Against Being Better People

Managing money, like any skill in life, involves learning and making better choices over time. Nobody goes from regularly over-drafting their checking account to investing money via a backdoor ROTH …

The Space In Between

On September 5, 1977, a team from NASA watched as the Voyager 1 spacecraft was launched into space from Cape Canaveral, Florida. Voyager 1 was slated for a daunting 4-year …

The Clarity Paradox

Have you ever felt overwhelmed with just too many tasks and obligations on your plate? Hello! It’s 2020. I feel like that every day. Good point. Then you’ve probably realized …

Glass Walls

When is the last time you took a big chance, put a crazy idea out into the world, or did something nobody else around you was doing? If you have …

The Power of Saved Money

Many years ago, I was at a coworker’s desk talking through a problem on a project when the coworker unashamedly log into their personal banking website to check something. I …