Bill is a bogleheads.org reading list author
In 1998 Bill Schultheis created the Coffeehouse Investor in an effort to bring a simpler and smarter investment philosophy to individuals and corporations across the nation and around the world. He has appeared regularly on Seattle’s PBS Serious Money program, is a guest contributor on NPR’s Morning Edition and wrote a syndicated investment column for eight years.
For 13 years he worked with retail and institutional accounts for Smith Barney in Seattle, WA. For the past eight years he has been a principal and fee-only financial adviser, currently with Soundmark Wealth Management in Kirkland, WA.
Schultheis grew up on a wheat farm in eastern Washington, attended Washington State University, and graduated from Texas A&M University in 1982.
When he’s not working, he can be found on the golf course, camping on Mt. Rainier, cooking in the kitchen, writing his next book, and enjoying the company of his wonderful family and friends.
Bill's book, The Coffeehouse Investor
Bill Schultheis - The Coffeehouse Investor
I read about Leo Babauta giving up his smart phone for the month of February and was intrigued by his observations. We as humans are habitual creatures who ebb and flow into fits of addiction and/or control.
If you tune in to our webinars, you will often hear Bill say it’s not always prudent to focus on withdrawal rates and agonize over the 4% withdrawal rule, but rather focus on your personal inflation rate. Whether you are in the midst of your career, nearing retirement, or deep in the days of relaxation, controlling your own spending habits and what you consume will often have the greatest impact on your retirement accounts and avoid running out of funds long term.
I read a great reminder in the Wall Street Journal about controlling spending habits. The three strategies the writer recommends are tactics we often remind Coffeehouse followers about investing – get a plan, understand your emotions, and know your hot buttons.
Not that I am following the stock market or anything . . . but a quick glance at the performance of domestic stocks through 2014 reveals that the stock market sold off about 5% to start the year, before quickly retracing that loss through the past 6 trading days, and now, through February 14, shows a slight gain for the year.
As you contemplate what to get your Valentine, consider solidifying your family’s financial plan as a gift instead. I know it’s not sexy or romantic, but guess what – it’s incredibly thoughtful to ease the burden of stress and decrease money arguments between you and your spouse/significant other. Here are 10 financial ways to say “I […]
Coffeehouse Investor RSS feed