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How Your 401k And IRA Rob You

Franklin @ December 8, 2007 # No Comment Yet

“Don’t worry about a thing;” said my doctor, “I have an excellent risk management program for your health.”

“Great, that sounds great,” I said, “I like avoiding risk. What are the risks you see in the management of my health?”

“Well, you know, the functioning of the human body is a mystery, it is random. So the most important thing is to medicate you for different possible diseases and go around changing the medication as I see you evolve.”

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The Rags To Riches Trap

Franklin @ December 7, 2007 # 2 Comments

We are impressionable animals. Our biology evolved to help us pay attention to the unusual in the pattern.

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I have $ 100,000,000,000 and yet I can’t retire

Franklin @ September 29, 2007 # 12 Comments

The past week you certainly have (and in the next few weeks you will) read a lot about the dollar and its relation to other currencies. Most of the articles fail to explain what the real value of money is. In some cases, I think, economists just ignore out of convenience what the impact of […]

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When being a Christian meant being compassionate

Franklin @ September 23, 2007 # No Comment Yet

When the Nazis came for the communists, I remained silent; I was not a communist. When they locked up the social democrats, I remained silent; I was not a social democrat. When they came for the trade unionists, I did not speak out; I was not a trade unionist. When they came for the Jews, […]

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