Academics agree: buying a house is bad for your wealth
Why throw your money away on a mortgage, maintenance, property taxes, and insurance, when you can rent instead?
I pointed out in March that housing is a horrible investment unless we get inflation. A new study takes it even further: even during the past 30 years of phenomenal home price inflation, renters were better off than buyers.
Body Count goes to Vegas! Ernest Scherer III was a Vegas loser who fancied himself a professional poker player. Doesn't that photo tell ...
UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a...
Despite the awesome bull market this year, CalPERS again missed its return target, earning only 5.8% vs. its required 6.8%. CalPERS has mi...