The Personal Financier – A Personal Finance Blog Personal Finance Blog

© homesbythomas A new study about the 401k accounts and investments can help individuals revise their own investments for their future. The study which has been conducted by Nyhart, a leading consulting firm in the United States assessed 10,000 retirement accounts by employees at a range of private and public companies. The study looked at [...]

A short tale on leg space, social status and the irony of human nature Pressing up against the window trying to create some space between himself and the man sitting next to him, Joe Aspiring kept wondering how great it would be getting around by taxi. The redundant meeting he had just left only served [...]

“Virtue, then, is a state of character concerned with choice, lying in a mean… Now it is a mean between two vices, that which depends on excess and that which depends on defect; and again it is a mean because the vices respectively fall short of or exceed what is right in both passions and [...]

Causality is perhaps the most fundamental element of empirical evidence available to economists. However, it is also the source of many misconceptions due to its elusive nature. There are some things we take for granted. The relationship between cause and effect is so deeply rooted in us we sometimes forget they are merely a result [...]

The irony of human nature – anxiety for those that have everything and depression for those that have nothing The human state of mind has been cleverly characterized by someone to be either anxiety or depression. It seems that either you have attained what you desire and you are constantly afraid of losing it or [...]

An interesting thought experiment by American philosopher John Rawls demonstrates the morality of a more socialistic version of Capitalism I’ve been writing here, at The Personal Financier, for over a year and a half now. My skepticism regarding Capitalism as the best economic system, or lesser evil, should be quite familiar to my ...

Analysts say speculative oil trading is to blame for gas prices at $4 a gallon. Congress considers regulation and legislation. What happened to market forces of supply and demand? In the 2005 movie Syriana an oil company executive quotes Nobel Prize winning and renowned economist Milton Freedman: “Corruption is government intrusion into ...

Sunday Roundup as Customary As some of you may have noticed I’ve switched to my own custom domain @ www.thepersonalfinancier.com. Hopefully everything will work smoothly as it always has. As always your suggestions, thoughts, questions and comments are always welcomed. The Money Hackers Carnivals #13 was hosted by Moolanomy. I made ...