Hello! Jesse Cramer here. Thank you for reading The Best Interest And listening to my podcast, Personal Finance for Long-Term Investors From the blog... With all this ink being spilled over the 50-year mortgage proposal, we’re reaching an asymptote. Seriously. An asymptote is “a line that continually approaches a given curve but does not meet it at any distance.” Technically speaking, the blue line below never touches the red one, but the gap between them gets infinitesimally small,...
11 days ago • 1 min read
Hello! Jesse Cramer here. Thank you for reading The Best Interest And listening to my podcast, Personal Finance for Long-Term Investors From the blog... The topic du jour in finanical media seems to be the "AI bubble." Maybe they're onto something? I'm simply not sure. Some people are seeing cracks. Both Oracle and Meta have lost 20%+ of their value since Halloween. But... But for retirees, the critical question is, "Should you be doing anything about this?" Do you need to take action in some...
17 days ago • 1 min read
Hello! Jesse Cramer here. Thank you for reading The Best Interest And listening to my podcast, Personal Finance for Long-Term Investors From the blog... When is a "free" steak actually frighteningly expensive? Reader “C” wrote in to share: The short version of the story is that I went to a lovely free dinner sponsored by a financial investment company who would like to take my traditional IRA and convert it to Roth via a Fixed Indexed Annuity. They would pay a 17% bonus for my ~$580k...
23 days ago • 2 min read
ubiquitousHello! Jesse Cramer here. Thank you for reading The Best Interest And listening to my podcast, Personal Finance for Long-Term Investors From the blog... Target. Starbucks. Chipotle. Some brands are ubiqitous in society. You see them every day. You love their products. You spend money there. So it must be a great stock, right? Wrong. These instincts fall under a few overlapping biases and fallacies: Familiarity bias. We prefer what we recognize. If you see Chipotle every day, you...
30 days ago • 2 min read
Hello! Jesse Cramer here. Thank you for reading The Best Interest And listening to my podcast, Personal Finance for Long-Term Investors From the blog... Today's articles are all about the AI bubble (?!) and what you should (or shouldn't) do about it. I want you to walk away from this first article with two wonderfully human - though perhaps contradictory - ideas. These two ideas shed essential light on how manias and bubbles work. When I first wrote this post, the concept of an "AI Bubble"...
about 1 month ago • 2 min read
Hello! Jesse Cramer here. Thank you for reading The Best Interest And listening to my podcast, Personal Finance for Long-Term Investors From the blog... Reader Lisa wrote in this week, Jesse – my understanding is that both stock prices and stock valuations matter for long-term returns. So…with both pretty high like you mentioned last month, what are your returns expectations going forward? Is it something different than 10% per year? That’s what I’m using in my spreadsheet. Is there a...
about 1 month ago • 1 min read
Hello! Jesse Cramer here. Thank you for reading The Best Interest blog, And listening to my podcast, Personal Finance for Long-Term Investors. From the blog... Reader Brent wrote in last week: I probably need to read Bill Bengen’s book but I have a question about the 4% (or now 4.7%) Withdrawal Rule. Seems to be that a pretty conservative investment could get you a Return Rate of 4% (or even 4.7%) so is it correct in thinking that you are really only digging into the principal of your...
about 2 months ago • 2 min read
Hello! Jesse Cramer here. Thank you for reading The Best Interest blog, And listening to my podcast, Personal Finance for Long-Term Investors. New podcast cover art?! Your eyes don't deceive you. When you next see Personal Finance for Long-Term Investors in your favorite podcast player, you'll find the new cover art below. From the blog... Reader Liz writes in: Hi Jesse. We’re a 40-year old couple with two kids, earning about $200K a year, and saving what we can. We both have a parent who ran...
about 2 months ago • 2 min read
Hello! Jesse Cramer here. Thank you for reading The Best Interest blog, And listening to my podcast, Personal Finance for Long-Term Investors. New podcast cover art?! Your eyes don't deceive you. When you next see Personal Finance for Long-Term Investors in your favorite podcast player, you'll find the new cover art below. From the blog... Last weekend, the fantastic Rob Berger shared one of my Social Security articles with his audience. I received some awesome questions from you guys and...
2 months ago • 1 min read