“I couldn’t afford a trip to Europe after college so I went backpacking through an IKEA to find myself.” –Unknown I’m a fan of IKEA furniture. It’s inexpensive, good quality, looks fairly nice in the house, and, for us, has lasted quite a while. We have two wingback chairs, two ottomans, a couple of storage […]

Monkey Brain Wants to be the Big Fish

“I saw a building that said, ‘Self Storage,’ and I thought, ‘I wonder if my ego could possibly fit in just one unit.’” –Jarod Kintz I did pretty well in high school. I came close to getting straight As, was president of a couple of clubs, played on sports teams, and had a job. I […]

Converting Your Investment into Income

“There are three kinds of people in this world: those who are good at math, and those who are not.” –Unknown Save money now, and sometime in the future, you’ll supposedly have a pile of money that you can use to retire on. That’s a great thought, but thinking in those nebulous ways won’t get […]

Monkey Brain Falls in Love

“A guy knows he’s in love when he loses interest in his car for a couple of days.” –Tim Allen What fools indeed we morals are To lavish care upon a Car, With ne’er a bit of time to see About our own machinery! –John Kendrick Bangs Since we moved to downtown Fort Worth, I […]

The Fallacy of Thinking “You’ll Never Get a Chance to do This EVER AGAIN!”

“You only get a once-in-a-lifetime opportunity so many times.” –Ike Taylor “Every man is entitled to make a darn fool of himself at least once in a lifetime.” –Henry Ford After I graduated from West Point and finished with my officer basic training course, I was stationed in Germany. While I spent a little over […]

Are You Allured by That Active Fund Manager’s Great Performance Last Year?

“Almost everyone’s instinct is to be overconfident and read way too much into a hot or cold streak.” –Nate Silver When I was at West Point, the powers-that-be decided that it was a good idea to offer all of the juniors a $14,000 loan at a low interest rate. It was called the cow loan, […]