When the “Shockingly Simple Math” is…Shockingly Wrong
A recent idea from the godfather of FIRE / financial independence comes to a dangerously incorrect conclusion.
The Best Interest »
Jesse Cramer
Jesse Cramer created The Best Interest to explain personal finance and investing in simple terms. His writing has been featured by CNBC, MSN, The Motley Fool, and other national publications. He resides in Rochester, NY with his wife and their dog, where he works in wealth management. Follow Jesse on Twitter: @BestInterest_JC
A $12,000 Tax Mistake and Lesson Learned
How did a couple simple mistakes result in a $12,000 issue in our annual tax return?! Make sure you do this smart habit.
We Are So Irrational (Literally) About Taxes
If you’re looking for a real-world laboratory to understand “behavioral finance,” then tax season might be the perfect choice.
But They *ALL* Sound Smart
When everyone sounds smart, you need to have a different filter to determine good vs. bad vs. ugly.
FIRE & Bogleheads Have a Selection Bias Issue
“Unreliable conclusions because the analyzed group [FIRE, Bogleheads] differs significantly from the population [everyone else].”
Fewer Needles, Bigger Haystack
A few eye-opening study shows just how challenging it is to pick individual stocks (and win). The “haystack” is 96% a waste of time.