If you are making a six-figure income or seven-figure income, congrats! It’s a great achievement to earn over $100,000 a year. However, there are tax penalties for high income earners that you should be aware of. For example, you must pay a 6.2% Social Security tax for the first $176,100 as of 2025. Plus, 1.45% […]
Tax Penalties For High Income Earners: Net Investment Income, AMT, Medicare Read More »
Today’s post comes from a reader named Melissa who is facing the expensive decision of trying IVF with her husband in order to have their first child. Infertility is a sensitive and grappling topic that many couples are facing today. We’re having children later now due to our careers, and many of us are struggling
How Much Does IVF And Eastern Medicine Cost To Combat Infertility? Read More »
I’ve only got two credit cards: one for personal use, and one for business use. I like concentrating all my spending on one card so I can get maximum points to buy things like a home theater system, nights at the Halekulani Hotel, gasoline cards, and tennis racket grips! Credit card reward points have value
Determining The Value Of Your Credit Card Rewards Points Read More »
Are you debating on whether to continue working as a contractor or go full-time? There are certainly pros and cons to each method. It’s been over two months since I started consulting at a financial tech startup and I’ve now got to make a decision to lobby for a permanent spot, stay on as a consultant
Should I Continue Working As A Contractor Or Go Full-time? Read More »
One of the questions I asked in my accredited investor post is whether the current definition of accredited investor is fair or not. 61% of you voted that the Securities And Exchange Commission (SEC) should not dictate who can and cannot invest in private offerings. Only 31% of you said the definition is currently fair, while the other
Can Anyone Be An Accredited Investor? The Government Can’t Tell Read More »
Despite real estate ranking second to last in my Passive Income Rankings, don’t worry real estate fans. Real estate still is my favorite asset class to build wealth. This article will discuss whether to invest in real estate for capital appreciation, rental income, or lifestyle. For me, I invest in real estate for lifestyle first. I
Invest In Real Estate For Capital Appreciation, Rental Income, Or Lifestyle? Read More »
Update 6/15/202: I’m assuming Bo got his earn out and is a very rich man now since I published this post on 3/18/2015. I’m pleased to share an interview I did with Bo Lu, the CEO of FutureAdvisor. FutureAdvisor is an algorithmic money manager with sophisticated tools to help clients manage their money. Over 300,000
The following is a guest post from Chris, a fella I met while stranded in Frankfurt, en route home from my business trip to Switzerland and Mallorca to do more research on the happiest countries in the world. Chris has a dilemma and could use the community’s help! – Sam It was early evening when
At What Cost Is Net Worth Diversification Worth It? Read More »
The following is a guest post by Neal, a financial advisor, on what to know before hiring a financial adviser. During strong markets, anyone can make money. And during weak markets, everyone tends to have losses. For the most part, all ships rise and fall with the tide, financial adviser or not. So what’s the
Hire A Financial Adviser or Lose Money All By Yourself For Free? Read More »
In what could be the most amazing tax move ever, a Georgia woman filed a $94 MILLION tax refund! You have to make over $1.6 billion dollars in income to pay $94 million taxes with Georgia’s 6% state income tax rate. Sure, it’s possible to make $1.6+ billion dollars, but probably not by this woman. So
The Largest Tax Refund Request Ever! Plus Tax Tips For Small Business Owners Read More »
