It’s A Trap! (Review Of The Two-Income Trap)

The Two-Income Trap, by Elizabeth Warren and Amelia Warren Tyagi (her daughter), explains the dynamics that has left U.S. middle class families in a fragile financial state. The book is from 2003, and thus is from the era before the financial crisis. However, the problems they highlight still exist. In this review, I discuss the principle observations of the book, and the implications. The implications for planning personal finances for a couple are important. I will also touch on some of the policy issues they raise; although the authors attempt to strike an optimistic tone about solutions, I explain why I am somewhat pessimistic about this problem from a public policy standpoint.

Stalking The Tenbagger: Peter Lynch Book Review

In this article, I am reviewing the concepts in the book "One Up On Wall Street" by Peter Lynch (one of the prominent equity mutual fund portfolio managers during the pre-2000 bull market).

The book is somewhat dated (the second edition was published in 2000; the end of that equity bull market), but I find it interesting as it presents a view of investing that is almost diametrically opposed to how I analyse markets. Peter Lynch advocates bottom-up, macro agnostic, growth investing. Meanwhile, I look at markets from a top down, macro-driven perspective.

It's Not What You Earn, It's What You Save (Millionaire Next Door Book Review)

  This entry discusses the importance of the savings rates in personal finance. Rather than cover this ground myself, I will instead refer to a classic of personal finance, The Millionaire Next Door (affiliate link) by Thomas J. Stanley and William D. Danko. I will end off with some comments on the macro significance of their work - the inherent tendency for capitalist systems to generate wealth inequality.

Theme: Personal Finance Resources

This entry is a list of external resources for personal finance that I find useful, including book reviews.