Are you wondering when to take Social Security? The answer is a little more complicated than it seems. Officially, you can start your retirement benefit at any point from age 62 up until age 70. Your benefits will be higher the longer you delay taking Social Security due to Cost Of Living Adjustments (COLA) that […]
When To Take Social Security? Make So Much It Doesn’t Really Matter Read More »
If you decide to sell your house to simplify life, lock in gains, downsize, or relocate for a job, this article will help you minimize your capital gains tax bill. You may even be able to pay no capital gains tax after selling your house for big bucks. According to the IRS, most home sellers
How To Pay No Capital Gains Tax After Selling Your House For Big Profits Read More »
Back in 2019, I spoke to representatives at Yieldstreet at the LendIt conference in San Francisco to learn more about their platform. Ah, I miss those in-person conferences. What intrigued me about Yieldstreet was their investment offerings in legal, art, marine, and supply chain finance, which I knew very little about. Years later, I’m pleased
Yieldstreet Overview And The Broader Alternative Investing Landscape Read More »
The stepped-up basis for our children was under attack. The Biden administration wanted to either abolish the stepped-up basis altogether or alter it to generate more tax dollars. So I expect for democratic presidents and congress people will want to abolish the stepped-up in cost basis as well. If heirs are then forced to pay
Why The Stepped-Up Basis Must Be Preserved For Our Children Read More »
President Biden’s proposal to increase the capital gains tax from 20% to 39.6% for people making over $1 million a year sounds aggressive. Add on the Net Investment Income Tax of 3.8%, and we’re talking a total long-term capital gains tax rate of 43.4%. That’s too much in my opinion. If this new long-term capital gains
A Capital Gains Tax Hike Should Alter Your Income And Selling Strategy Read More »
I’m bullish on the housing market over the next decade. It’s one of the reasons why I bought a new forever home in 2023 and have invested $954,000 in private real estate. I plan to keep on investing in housing, especially after Trump won the presidential election in 2024. There is a structural undersupply of
Why The Housing Market Won’t Crash Any Time Soon Read More »
Chances are you’ve been seeing the term NFT popping up in headlines all over the place. But what are NFTs? NFT is the abbreviation for non-fungible token. NFTs are a type of cryptographic asset that are verified using blockchain technology. Huh? WTH does that mean? If you a creator and an investor, NFTs could be
What Are NFTs And How Do I Invest In Them? Read More »
The 60/40 portfolio is a classic investment portfolio consisting of 60% equities and 40% fixed income. If you are within five-to-ten years of retirement or are in retirement, a 60/40 portfolio is a common recommendation. Thanks to a low or negative correlation between stocks and bonds, soon-to-be retirees or retirees have been encouraged to hold
The Return Of The 60/40 Portfolio Plus Alternative Investments Read More »
Are you ready to live your best life in the YOLO Economy (You Only Live Once)? I sure as hell am! I believe the YOLO Economy is here to stay for the next 10+ years post pandemic. There is huge pent-up demand to spend thanks to stronger balance sheets and higher net worths since 2020.
The YOLO Economy Is Here To Stay: How To Live Your Best Life Read More »
For someone who lived abroad for 13 years, has so far traveled to over 60 countries, and traveled constantly for work, I’m traveled out! Getting on a plane to see the world is no longer a top priority. Therefore, traveling with kids is towards the bottom of my to do list. However, if you have
Traveling With Kids: A Planning Parent’s Guide To The Great Unknown Read More »
