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Charlie Munger on Teaching Character Values in Childhood

I just started reading a biography of Charles Munger, Damn Right! Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger by Janet Lowe, originally published in 2000. Charles Munger is best known as Warren Buffett’s long-time … [Read the rest]

Top 10 Frugal Fruits: Which Fruits Offer the Most Nutritional Value Per Dollar?

(Update: Doh! The original version of this post contained a basic mathematical error. I have corrected the rankings.) When I wrote about What are the Cheapest Vegetables Per Pound?, reader Brady kindly pointed out the Aggregate Nutrient Density … [Read the rest]

Calculating the ROI of a 4-Year College Degree

People tend to assume that getting a college education is a good financial investment. But a new Brookings report Should Everyone go to College? [pdf] finds that the actual value of a 4-year bachelor's degree can vary dramatically depending on … [Read the rest]

Affordable Care Act Summary for Self-Employed, Unemployed, and Early Retirees

Much of the discussion around The Patient Protection and Affordable Care Act (PPACA) aka Affordable Care Act aka Obamacare has been about politics. But it's the law, it's constitutional, and a lot of things are happening soon. For most full-time … [Read the rest]

David Foster Wallace “This is Water” Commencement Speech

Graduation season is here again, making it the perfect time for The Glossary to create a short film out of a great commencement speech by the late writer David Foster Wallace. It has great application to life, and thus great application to those … [Read the rest]

Vanguard Total International Stock Index Fund Review (VGTSX, VTIAX, VXUS)

(See also: Vanguard Total Stock Index Fund Review) The Vanguard Total International Stock Index Fund is available both as a mutual fund (VGTSX, VTIAX) and an ETF (VXUS). Across all shares classes, there is currently around $90 billion dollars … [Read the rest]

Live Below The Line Challenge: $1.50/Day Lessons

Last week I successfully completed the Live Below the Line challenge along with thousands of other people around the country, eating for 5 days on just $1.50 a day. Here are my takeaways from the week: My challenge experience. In terms of doing … [Read the rest]

$10,000 Beat-the-Benchmark Experiment Update – May 2013

Here's a condensed May 2013 update for my Beat the Market Experiment, a series of three portfolios started on November 1st, 2012: $10,000 Passive Benchmark Portfolio that would serve as both a performance benchmark and an real-world, low-cost … [Read the rest]

Investment Returns By Asset Class – May 2013 Update

Here is my May 2013 update of the trailing total returns for selected major asset classes. Passive ETFs are used to represent major asset classes, as they represent actual investments that folks can buy and sell. Return data was taken after market … [Read the rest]

Live Below The Line Challenge: $1.50/Day Menu Pictures, Cooking Tips, and Taste Test

I'm now nearly halfway through the Live Below the Line challenge, and here are some pictures and additional cooking/eating commentary about my $1.50 a day menu. Please also refer back to my menu and ingredient list and my nutritional information … [Read the rest]

What are the Cheapest Vegetables Per Pound?

While doing research about getting the most nutrition for my dollar, I ran across an interesting report from the U.S. Department of Agriculture called How Much Do Fruits and Vegetables Cost? [pdf]. The overall goal of the study was to better … [Read the rest]

Live Below The Line Challenge: Sample $1.50/Day Menu Nutritional Information

I'm taking the Live Below the Line challenge this week, which means eating for 5 days on just $1.50 a day. I plugged all the ingredients from my $1.50 per day Sample Menu into the food diary at MyFitnessPal.com, and below is a screenshot of my … [Read the rest]