“Fake it ’til you make it” is a common saying people with little-to-no experience believe in. “Fake it ’til you make it” is a pretty dangerous way of going about things that matter. I remember when Milli Vanilli got busted for lip synching. I was so sad. They made their millions, garnered tremendous fame, and […]
“Fake It ‘Til You Make It” Is The Reason We’re So Screwed Read More »
Are you trying to decide if you should do your own taxes or hire a professional instead? Every year I use TurboTax software to do my own taxes and encourage others to do the same. Yet every year someone scoffs at me for spending a couple hours of my life learning, understanding, and optimizing my
Why You Should Really Do Your Own Taxes Read More »
Should a credit check be allowed or required by an employer? Perhaps. However, times are so difficult already for millions during a pandemic, legislation might outlaw such a thing. Further, after the economy collapsed in 2008-2010, it’s not uncommon for people to have lost their homes to foreclosure or short-sale. One’s credit score usually gets
Should A Credit Check Be Allowed Or Required By An Employer? Read More »
Raising taxes on the rich is going to be a common theme over the next several years. With Joe Biden as President, he plans to raise taxes on households making over $400,000. If you’re a household that’s stressed out and struggling, despite making an almost top 1% income, make you should take it down a
Dealing With The Guilt-Joy Of Raising Taxes On The Rich Read More »
Are you wondering whether it is possible to use a credit card to buy a car? The good news is that you can! But not at every single auto dealership due to the credit card fees. The last five cars I’ve owned have all been purchased by cashier’s checks. I loathe going into debt on
Is It Possible To Use A Credit Card To Buy A Car? Read More »
Your car says a lot about your investing style and money making acumen. The nicer your car, perhaps the more aggressive you are as an investor. Quick: what was the fastest production car that General Motors made in 1987? The Corvette? A common answer – but the performance champion was the lesser known Buick GNX,
What Your Car Says About Your Investing Style And Money Making Acumen Read More »
Have you ever had the sinking feeling of falling further behind? Your peers keep charging ahead, but no matter what you do, you can’t keep up. I’ve felt this way before and many are feeling this way no during the pandemic. During my days off from consulting work I tend to schedule other work to
That Sinking Feeling Of Falling Further Behind Read More »
As a father now, saving our daughters from bad men and a life of misery is an important responsibility. I originally wrote this post in 2014 in anticipation of having a daughter. In 2019, I actually had a daughter! How is that for manifest destiny. Having a daughter is truly a blessing, which is why
Saving Our Daughters From Bad Men And A Life Of Misery Read More »
The average 401(k) account balance is now over $100,000 thanks to a long bull market since 2009. Even during a global pandemic, risk asset investments are doing well. Investment management firm Vanguard reported the average account balances for 401(k) plan participants reached a record high of $120,650 at year-end 2024. Meanwhile, Fidelity reports that the average
The Average 401(k) Account Balance Breaks $100,000: Here’s How Much To Save By Age Read More »
So you listened to the State Of The Union and heard President Obama muff the pronunciation of MyRA. Was that “My IRA?” Or was that “Myra,” like a woman’s name? I’m going with the latter. There’s an excellent 2,100 word piece entitled, “Will MyRA Solve The Retirement Crisis?” on Daily Capital you may want to check
MyRA Won’t Help The Retirement Savings Crisis Read More »
