Tag: risk
Castle-in-the-Sky Investing
In 1981, I read a fascinating book that explored the question of why some countries were rich and others weren’t. The name of the book was Wealth and Poverty and its author’s name was George Gilder. For an economics book, it garnered a surprising amount of buzz. It was kind of the Capital in the…
Is An Emergency Fund Beyond 5K Overkill?
Last week, I came across a post by Greg McFarlane over at Investopedia called, Why Emergency Funds Are a Bad Idea. And before I weigh in on the crux of his argument, I thought I’d review my emergency fund experience. My Emergency Fund Experience First off, Mrs. Groovy and I got very lucky when it…