Monthly Archives: August 2008

Last time I wrote about my dislike of mutual funds as investment vehicles. The problem is that mutual funds are usually the only investment in 401k plans. So should you just avoid investing in a 401k then? No. The tax … Continue reading →

The conventional wisdom is that mutual funds are the perfect investment for the small investor. The idea being that a small investor can easily buy them, have instant diversification, and have a professional managing their portfolio. Since I advocate investing … Continue reading →

A couple of weeks ago, I wrote about a strategy for investing with no losses. Part of the strategy requires buying a put option. When it came to the part of the article where I might have explained what a … Continue reading →

I just finished what will probably be the last book I read on the subject of happiness. It was a thorough treatment of the subject and wrapped all the ideas in to a package that made sense to me. The … Continue reading →

The short answer is we get someone else to take the risk, while we keep most of the gain. The long answer We want to expose ourselves to the positive side of luck, and shun the negative side. If a … Continue reading →