The Astute Angle

A fresh and simplified perspective on personal finance topics

What working parents can learn from the backpacking community

It is a late-April morning and you are standing at the rim of the Grand Canyon, ready to hike down to the Inner Canyon.  The temperature is a few degrees below freezing and an uncomfortably [...]

Outcomes and Probabilities

German, Brazilian, English, Argentine, and Spanish football fans, take heart.  Football (or in American vernacular - soccer) is quantifiably the least predictable major sport.  In no other sport is luck such a critical determinant of [...]

The Astute Angle Turns 100

On October 1, 2013, the United States government officially ran out of money and was forced to shutdown all non-essential operations as the result of a budget impasse.  For the next 16 days, national parks [...]

By | July 17th, 2018|Categories: Financial Planning|0 Comments

Why You Should Not Own Your Best Investment Idea in a Tax-Deferred IRA

The following paraphrases a conversation that I have had many times before with friends and clients.  It is obviously never the same dialogue but the underlying advice is the same - that you should generally [...]

Your Brokerage Statement is Terrible

Brokerage statements are almost universally uninformative, misleading, and confusing.  They are largely a means for custodians to fulfill their legal reporting requirements as well as a legacy of yesteryear when we didn't have access to [...]

Should I Use a 529 College Savings Plan to Pay for Private K-12 Expenses?

When qualified state tuition programs (QSTPs) were first introduced in 1996 and Section 529 was added to the Internal Revenue Code, the intent of Congress was to create a create a tax-friendly way for families [...]