Conflict of Interest: When you’re earning 5% interest in a money market account and paying 18% interest on a credit card.
User’s Manual: No one knows. No one has ever read one. (Not to be confused with the well-thumbed usurer’s manuals on the shelf of every pawn shop and check cashing store in America.)
Bond Yields: Moments in the market when bonds let other bonds go first.
Face Value: The extra price you pay for a bond with an attractive certificate.
Indentures: Only old folks buy bonds, so they need indentures.
Millionaire: Someone with a net worth of $5 million or more.
Tomorrow: What to Say to Someone With $5 Million
Quote of the Day
[It would be splendid if someday] economists could manage to get themselves thought of as humble, competent people, on a level with dentists.~John Maynard Keynes
Request email delivery
- Oct 18:
And Speaking Of Dementia
- Oct 17:
Hurry Up, Robert Mueller
- Oct 16:
Read This Book Or I’ll Shoot This Dog*
- Oct 14:
Watch This New Disney Clip
- Oct 12:
- Oct 11:
You Don’t NEED To Know The Candidates — Just Vote
- Oct 10:
The War On Normal People
- Oct 9:
What Dr. Ford and Justice Kavanaugh Have In Common
- Oct 7:
- Oct 4:
The Democratic Message
- Oct 18: