Berkshire Hathaway Annual Meeting: Live Video and Transcript Links


Although most of my portfolio is in a diversified mix of index funds, I also own individual shares of Berkshire Hathaway and collect advice from Warren Buffett and Charlie Munger. I believe that understanding how to analyze individual businesses … [Read the rest]

Vanguard ETF & Mutual Fund Expense Ratio Changes (April 2017)


Updated and revised. Here are the highlights from the April 2017 expense ratio update: Vanguard Total Stock Market (VTI) is now 0.04%. Vanguard 500 Index (VOO) is now 0.04%. Vanguard Total Bond Market (BND) is now 0.04%. In April 2016, it … [Read the rest]

Free eBook on Reducing Smartphone Data Usage


Ting Mobile has a free Cut Your Data eBook (PDF) about lowering your cellular data usage. The eBook is a nice collection of data cutting tips that ideally don't reduce your actual enjoyment. Examples include: How to turn off background … [Read the rest]

My Portfolio Asset Allocation Thought Process

A reader asked me to expand on the thought process behind my asset allocation choices. I don't have a highly scientific answer, but here's how I would explain it to a friend over drinks. Prepare yourself for some rambling... I know that I … [Read the rest]

The Growing Popularity of Index Funds and Higher Stock Valuations


I recently read (and re-read) a post at Philosophical Economics titled Diversification, Adaptation, and Stock Market Valuation, which serves both as an educational resource and an interesting argument for a new shift in stock investing. It's rather … [Read the rest]

Blue Cash Preferred from American Express Review: 6% Cash Back on Groceries

Blue Cash Preferred from American Express Banner

Limited-time offer. If you apply by 5/3/17, you can earn 10% cash back on purchases at U.S. Restaurants in the first 6 months, up to $200 back. This is in addition to the $150 back after you spend $1,000 on all purchases within the first 3 months, … [Read the rest]

Back Again! Free Website Reveals Your Address History and Names of Relatives (Opt Out)


Update April 2017. It appears that the same people behind the website mentioned below have created another nearly-identical website. Even if you opted-out last time, all of your sensitive personal information is up again on this website. You … [Read the rest]

Tough Job: 5% of Active Investment Managers Will Add Value


People always argue about how "efficient" the market truly is. Only academic, ivory-tower geeks believe in efficient markets right? My longstanding opinion is that no, markets are not 100% efficient, but it's a tough, cutthroat world out there. … [Read the rest]

Barron’s Best Stock Brokerage Rankings 2017


Barron's has released their 2017 annual broker rankings. Two major themes this year are (1) trade commissions dropping overall and (2) improved mobile app trading. To analyze 2017’s top brokers, we took a hard look at the value they offer to … [Read the rest]

Fundrise eREIT Quarterly Liquidity Details and Redemption Process


I've been putting some side money into crowdfunded real-estate investments - see here and here - and I am now closing out my Fundrise eREIT investment. An important difference between most of these private real estate investments and … [Read the rest]

Buy, Hold, Rebalance a Globally-Diversified Portfolio 2017


When I think about it, I am impressed with how different 2017 feels compared to when I started seriously learning about investing in 2003. Instead of only reading about it in few books mostly read by finance nerds, nowadays nearly every … [Read the rest]

Callan Investment Returns Ranked by Asset Class 1997-2017


We've all been told that past performance is no guarantee of future returns, but it's still hard to buy an investment that has been performing poorly. We need to remember the historical power of diversification and that even though something may … [Read the rest]