Self-directed IRAs are not for the faint of heart. There are many ways for a seemingly innocent misstep to “blow-up” your IRA, causing your retirement funds to be taxed along with some BIG penalties and interest.

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.

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.

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.

We hear or read about inflation every day. How many of us though actually listen or even care about inflation? I kind of do and kind of don’t. I guess the “don’t care” side of me comes from how little control I have over inflation. None.

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.