Happy Friday, everyone. Here’s a few of my favorites from the week: Taxes Taxgirl answers a question from a reader about how to report/deal with under the table payments from an employer. From my tax blog, one old and one new: What is Self-Employment Tax, and how do I calculate it? Deducting education expenses for [...]
In case you haven’t noticed from earlier posts, I have some complaints about the common use of the word “risk.” I think I’ve finally figured out what it is that bothers me so much: We use the word “risk” to encompass several distinct concepts that should really be kept separate. For example: We call investing [...]
Given that I’m currently working on a narrative-style investment book, I figured it would be a good idea to read some of the others in the field. A couple weeks ago I read (and thoroughly enjoyed) The Richest Man in Babylon, and over the last couple days, I read David Chilton’s The Wealthy Barber. The [...]
Kalinda (my wife) recently started a cooking blog. What this means for me–aside from an abundance of delicious, homemade meals–is that I end up dicing/chopping vegetables most nights. A recent close call with a chef knife got me thinking. A few observations about chef knives: If used improperly, they’re dangerous. If used for the wrong [...]
Since Kyle’s on vacation, some other bloggers (myself included) are helping out at Amateur Asset Allocator this week. My guest post went up today: Profiting from Stats Class: Reversion to the Mean. If you like it, please vote for it on Tipd or make a comment over at AAA.
As we’ve previously discussed, over (very) extended periods, the market’s return is made up almost entirely of dividend yield and earnings growth. In other words, one of the best methods for predicting the long-term rate of return for the entire market is to simply add the current market dividend yield (3% at the moment) to [...]