I have a confession. When I was 19 and 20 years old, I was a paid protester. I remember walking around the mall during vacation one day and getting approached by a guy who offered me lunch, a t-shirt, and a $10 gift card if I would protest outside a Macy’s store. “What are we […]
Confessions Of A Protester Trying To Make Things Right Read More »
During difficult economic times, Socialism becomes a popular ideology due to the increased amount of economic suffering. But there are some reasons why socialism is bad highlighted below. When times are good, it’s OK if others make a lot of money and do well, so long as you are also doing well. As soon as things turn
Why Socialism Is Bad: The Parable Of The Ant & The Grasshopper Read More »
There is a risk of being overqualified. If you are overqualified, you might not get the job because the employer might think you’ll leave at the very next opportunity. Being overqualified might also raise some eyebrows as to why you are there in the first place. This post discusses the risk of being overqualified when
The Risk Of Being Overqualified and What To Do Read More »
Socioeconomic affirmative action over racial affirmative action is something more of us should consider. After all, race doesn’t make someone smarter or dumber. It is opportunity and financial circumstance that determines opportunity more. For example, all the rich kids get to pay for after school tutors and SAT tutors for $3,000 – $5,000 a pop.
Socioeconomic Affirmative Action Over Racial Affirmative Action Please Read More »
Debt and bankruptcy are two words most people frown upon. After all, debt is usually the cause of bankruptcy followed by an excuse of a lack of income. I look at debt as a key motivator. Debt is something that has driven me to work harder. Without debt, I would ironically feel a little empty
Debt and Bankruptcy Go Together Like A Horse And Carriage Read More »
We have a culture of blaming others for our problems and Main Street is now on a tear with this “Occupy Wall Street” movement that’s gathering steam. The thesis is that financial institutions and anybody who has anything to deal with financial institutions are bad. The government and the media help fuel the fire against Wall
“We Are Wall Street” E-mail Fights Back Against Main Street Read More »
If you want to drastically increase your betting odds, this post is for you. As someone who worked on the trading floor for two major investment banks for 13 years, I’m very accustomed to betting. We proposition bet (prop bet) on random things all the time. The more bets you make, the better your betting
How To Drastically Increase Your Betting Odds And Help Other People Read More »
What would you do with $250,000 right now? Imagine waking up one morning to see a Genie at the foot of your bed with milk and cookies. She grants you the wish of converting your future earnings or current illiquid net worth into $250,000 cash. For example, say you were to work for 20 more years
What Would You Do With $250,000 Right Now? Read More »
Conducting a cash-out mortgage refinancing is a way to lower your tax bill. And we all want to lower our taxes! You should defer or shield as much income as comfortably possible until retirement to minimize your present tax bill. The odds of your retirement income equaling your working income is slim-to-none. Therefore, your retirement tax
Cash-Out Mortgage Refinancing As A Way To Lower Your Tax Bill Read More »
This is not an educational post. Instead, this is a post about discovery since I don’t quite understand President Obama’s American Jobs Act. One of the key initiatives of the jobs bill is “extending unemployment benefits further” given how bad the labor market is now. I’m in full support of this ~$450 billion dollar bill,
Take Advantage Of Unemployment Benefits And Milk ‘Em Dry Read More »
