Can someone please give us a rational argument why implementing a Flat Tax system in America is not fair? We don’t know if we can continue posting without thoroughly understanding this issue first. From a percentage basis, each person pays an equal amount of their income towards taxes, and from an absolute basis, richer people […]
We’re Ignorant Idiots! Please Tell Us Why A Flat Tax Is Not Fair Read More »
Whatever asset class you invest in, it’s always go to optimize the return. Even if you are just saving money in a money market account, you should optimize the return when you can. Data by the Federal Reserve Bank of St. Louis (FRED) reports the national average on non-jumbo money market accounts deposits (i.e. less
Don’t Forget To Optimize The Return On Your Savings Read More »
Do you ever feel you have to donate to your college alma mater? It seems like every quarter, you get an e-mail from your alma mater asking for money. It sometimes feels weird because some colleges have massive endowments. For example, Yale University’s endowment is more than $30 billion! Recently I was contacted by an
Donate To Your College Alma Mater Or No? How To Make A Decision Read More »
This post is dedicated to those who refuse to welch on their mortgage debt, even if they bought at the wrong time or got into a high interest rate mortgage that cannot be refinanced. I know your pain and frustration. I’ve got a confession. I’ve been reluctant to pay down my 4.25%, 30-year fixed vacation property
The Key To Paying Down A Bad Mortgage Quicker Read More »
If you want to increase your happiness, you must change your perspective. Let me share with you a simple example of how a change in perspective immediately boosted my happiness. When an ambulance zooms by, sirens blazing, do you feel happy or sad? For the longest time, I felt sad. I’d imagine someone convulsing on
Change Your Perspective To Increase Your Happiness Read More »
Reasons Not To Buy A House From A Millionaire Investor, is a guest post by Kristy from Millennial-Revolution.com. Kristy and her husband have been all over the Canadian news recently for denouncing homeownership. They considered buying a Toronto property in their late 20s when they realized they couldn’t get anything nice for ~$500,000. Instead of buying,
Reasons Not To Buy A House From A Millionaire Investor Read More »
Every single startup’s dream is to get acquired or go public for big bucks. However, there is a downside for a startup getting acquired as well. Mainly capped upside and employees getting screwed. In the fintech world, the startup acquirers are the large financial institutions like Fidelity, BlackRock, JP Morgan, and Bank of America with billions
The Downside For A Startup Getting Acquired Read More »
If you want to achieve financial independence, focus on building net worth even more than growing income. A big net worth gives you more flexibility. You are also taxed at a lower rate. A high income is great. But W2 income is taxed at the highest rates. Instead, you want to generate as much investment
Focus On Building Net Worth Even More Than Growing Income Read More »
Love your colleagues. If you love your colleagues, you will get paid and promote faster. Everyday, we are inundated with e-mails. I personally get over 300 a day, and other colleagues I’ve heard get 500. Despite many of the e-mails being largely irrelevant, or impersonal given the blast distribution trend, it’s worth responding every once
Love Your Colleagues Thirty Minutes A Week Read More »
Are you wondering how to make people happy all of the time? I’m not sure that’s a wise endeavor, but let’s see if we can try. When I was ruminating on whether or not to go back to work after two years of absolute freedom, my friends all thought I was crazy. “What if your
How To Make People Happy All Of The Time Read More »
