Latest From the Blog
Buying High and Selling Low
We all know the adage “buy low, sell high”, yet in practice it can be easy to freak out and make rash decisions in the stock market. Diving into behavioral economics and psychology, this article presents a pretty convincing case that the best thing you can do for 401(k)’s is to spend less time checking the market.
Tax Basics - Don't Make It Hard
Many people including me want to make things hard. Because, if it isn’t hard, it is not worth doing. That old adage too often doesn’t carry its own weight.
Humility = Money
Our featured WSJ article by Heidi Mitchell was published on November 4, 2021. It discusses studies that show that humble entrepreneurs are able to raise more money than ones who are not.
Online Sports Betting - the IRS, the States, the School Districts and the cities can't lose
From a cash flow standpoint, the IRS, the state, school districts and cities can’t lose when it comes to gambling. From a tax standpoint, whether you win or lose at gambling. - you can’t win.
Picking a Medicare Plan
Upon turning the age of 65, most Americans have three options for health insurance: (1) Medicare, (2) Medicare plus supplemental coverage for medical expenses not covered by Medicare, and (3) Medicare Advantage which is a variety of managed-care plans.