Wednesday, June 19, 2024

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Celebrate Juneteenth with ‘Black Barbie’

The Netflix documentary directed by Lagueria Davis drops today.

CAPITAL IDEAS: Congress Just Overhauled Your Retirement

Although I don’t like it, the SECURE Act did get bipartisan support, passing in the House of Representatives in July with a 417-3 vote.

CAPITAL IDEAS: OK, Boomer…

I’m not going to deter anybody from getting invested to fund their retirement, but I will try to steer you away from using rules of thumb that are likely to be contrary to your ultimate goal of living your best possible retirement.

CAPITAL IDEAS: What’s your number?

According to the Employee Benefit Research Institute, currently 67% of workers are “very” or “somewhat” confident that they’ll be able to live comfortably in retirement. ... Their optimism is probably misguided, but I’m happy for them. Ignorance, as they say, is bliss.

CAPITAL IDEAS: What happens in small-town America

Do you know who gets the worst returns in the stock market? People who buy something because it’s gone up in price and sell something because it’s gone down in price. Time and time again, following the crowd has proven to be the stupidest thing in the world of investing.

CAPITAL IDEAS: A Lannister always spays his pets

Dalton -- First off, there are no spoilers ahead for the season finale of Game of Thrones. I wrote this before it was aired. There...

CAPITAL IDEAS: Mort à la résistance

Recency bias is the tendency to think that what’s been happening recently will keep happening. It’s one of a group of behavioral finance biases that cloud the judgement of investors.

Lulu ‘n’ Hershey

Here's the last of Hershey's New Yorker-style cartoons -- for now. But who knows? As the result of this week's run, he may be showing up in the pages of the New Yorker, right along side Roz Chast. And then we might see Hershey's illustrations at the Rockwell Museum.
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