I’m a late adopter, which is why I haven’t thought too much about artificial intelligence (AI). I’d rather have early adopters figure out all the kinks first so I can better spend my time using the technology. However, at a kid’s birthday party one Saturday, a dad, who works in finance, came up to me […]
Artificial Intelligence: How To Protect Yourself And Benefit Financially Read More »
Let’s say you’ve currently got a good amount of cash to invest. $250,000 in this case. With the potential for a global financial recession after 11 Fed rate hikes since 2022 and stocks near all-time highs, investing is now getting trickier. At the same time, inflation has peaked and there will likely be multiple rate
How I’d Invest $250,000 Cash In Today’s Market Read More »
Some employers pay their employees with company stock as part of their total compensation package. This way, employees become owners and potentially feel a greater sense of duty towards the firm. If you don’t own any of your company’s stock, you might be less inclined to come in early or leave late. Without company stock,
Regularly Selling Your Company Stock Is Probably A Good Idea Read More »
During the bull market, I shared my belief the need for liquidity is overrated. After going through a bear market in 2022 and buying a new house with cash in October 2023, I thought I’d revisit my thesis to see if it still stands. So far, I think it does, but I am more cautious
The Need For Liquidity Is Overrated (If You Are Financially Competent) Read More »
Recently, I temporarily went broke because I improperly managed my private investment capital calls. Because this happened, I thought I’d discuss some straightforward solutions to ensure you always have liquidity. If you are a new private fund investor or plan to invest in more private funds to diversify your investments, please learn from my errors.
How To Better Manage Your Private Investment Capital Calls Read More »
Sadly, Silicon Valley Bank (SVB, $SIVB), the 16th largest bank in America at the end of 2022, experienced a bank run. Now the contagion has spread to other regional banks such as First Republic Bank, Signature Bank, Zions Bancorp, PacWest, Comerica, and Charles Schwab. Even the largest banks were getting hit as well. Ultimately, The
How To Prepare For Another Bank Run As The Contagion Spreads Read More »
The tax-now Roth IRA will increase in popularity over the coming years. Let me explain why. When Congress passed the Tax Cut and Jobs Act (TJCA) of 2017, it inaugurated an eight-year period of the lowest tax rates in American history, which started on January 1, 2018. However, due to the sunset clause that was
Shifting Retirement Assets From Tax-Deferred To Tax-Now By 2026 Read More »
Much has been said about inflation hurting society. As people’s buying power decreases, life gets more costly. Heck, the Fed seems hell-bent on causing another recession to contain inflation. However, as I look at the historical price changes of some of our most important consumer goods and services, I can’t help but think combatting inflation
Combatting Inflation Is Straightforward But Not Easy Read More »
Recently, I can’t help but shovel more money into Treasury bonds. With 3-month-to-2-year Treasury bonds yielding 5%+, I feel like the guaranteed return is too high to pass up. But the more Treasury bonds I buy, the more I wonder whether I will regret the decision a year from now. Perhaps you are starting to
Why You Won’t Regret Buying Treasury Bonds Yielding 5%+ Read More »
Do you need more incentive to generate passive income in order to give yourself more freedom? Then look no further than the below two charts. They show the 2023 capital gains tax rates by income for both short-term and long-term. The short-term capital gains tax rate is equivalent to your federal marginal income tax rate.
Short-Term And Long-Term Capital Gains Tax Rates By Income Read More »
