If you own a business, you should know the tax rules for buying a SUV or a truck. You can and should deduct the operating expense of your vehicle if you use it for your business. But you can also deduct the cost of your SUV or truck as well. As an SUV owner and […]
Tax Rules For Buying A SUV Or Truck To Deduct As A Business Expense Read More »
Are you thinking about retiring in Mexico? It’s a beautiful, affordable country with a rich history and warm culture. First of all, when you think of Mexico what comes into your mind? I think of hot summers, tequila, mouth watering salsa, and friendly people to name a few. Retiring In Mexico? Exploring Baja California Sur
Retiring In Mexico Or Abroad Might Not Be A Bad Idea Read More »
According to Fidelity, as of end-2023, the latest average 401(k) account balance is $106,500. Fidelity holds 16.2 million 401(k) accounts, including my Solo 401(k). Fidelity is consistently ranked as one of the largest 401(k) providers in the country. The latest 401(k) balance by age naturally increases the older one gets. The median 401(k) account balance,
Latest 401(k) Balance By Age Versus Recommended Amount For A Comfortable Retirement Read More »
“How much do I need to retire?” is a question that comes up over and over again. So once and for all, let me suggest a simple, very logical and conservative method. I hope you can utilize my method to estimate how much you need to retire. Having specific retirement goals is a key to achieving success and
How Much You Need To Retire And Never Have To Worry Again Read More »
If you are a homeowner, your mission should be to try and lower your property taxes whenever there is a downturn. You should also try and fight any egregious property tax increases as well. The city counts on homeowners to rollover and not put up a fight. Ever since 2008 I’ve been fighting to lower
Exploit Online Data To Lower Your Property Taxes Read More »
Never ask to borrow money from a friend or family member. If you do, you’re likely asking for trouble. You might no longer be friends once money is involved. It is much better to find a way to come up with the money on your own, especially if it is a want and not a
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With mortgage rates staying stubbornly high, even after the Fed cut rates starting in September 2024, it’s time to start worrying about the housing market again. Housing affordability is at an all-time low and prices could easily start declining again. That said, demand is still relatively strong from trade-up buyers and institutional investors. A lot
It’s Time To Start Worrying About The Housing Market Again Read More »
After you purchase a home with a mortgage, you may start noticing solicitations in the mail for Mortgage Protection Life Insurance (MPI). Often times, the mail contains alarmist headlines such as: IMPORTANT NOTICE! PLEASE COMPLETE AND RETURN! FINAL NOTICE! MORTGAGE PROTECTION CARD! NOTICE OF OFFERING! MORTGAGE FREE HOME PROTECTION! This type of scare tactic should
Mortgage Protection Life Insurance: A Consideration For Homeowners Read More »
The secret to weight loss is not more exercise. The secret to weight loss is eating less. In the process of eating less, you’ll also save more money. I wrote this post on July 25, 2009, and wanted to revisit it 11 years later. I was 165 – 167 lbs back then. Today I’m 168
The Secret To Weight Loss: Losing Your Way To More Money Read More »
Let’s learn how a structure note works. In CD Investment Alternatives, I touch upon structured notes as a potential CD replacement. Structured notes are riskier than CDs given CDs have a $250,000 FDIC guarantee per individual. That said, it looks like there is some interest in structured notes based upon the comments. Let me first
Example Of How A Structured Note Works Read More »
