How You Make Your Money During Retirement is just as Important as How Much You Make!

At some point in the future, you are going to look at your spouse and a warm feeling is going to come over you. It may be at age 55, 60 or 65. It will be the day that you retire. On this day you will begin to understand that “How you make your money Read more about How You Make Your Money During Retirement is just as Important as How Much You Make![…]

Do You Believe What I Believe?

Do you believe what I believe? That is a crazy thing to ask, but if you think about it all major changes in society, technology, and thought processes have started with coming together around a central thing to believe in. Here is what I believe in. I believe in challenging conventional wisdom with regard to Read more about Do You Believe What I Believe?[…]

Fee Fi Fo Fum…

Fee-fi-fo-fum. I smell the blood of a U.S. Taxpayer. Be he alive or be he dead. I’ll tax his bones until he’s fully bled. The phrase has no meaning apart from when quoting Shakespeare or Jack and the Beanstalk, there’s little reason ever to use it. I am however going to use it to reference Read more about Fee Fi Fo Fum…[…]

The Only Tax You Owe is the First One!

If you have ever read the tax code from cover to cover please raise your hand. Don’t be silly put your hand down. For one reason I cannot see you raise your hand through your computer screen (only the government can do that). And the other reason, the tax code is 75,000 pages – who is Read more about The Only Tax You Owe is the First One![…]

The effects of Trump’s Tax Plan on Tax-Free Retirement Planning

How does getting to the 0% tax bracket change if President Trump lowers rates? Here are the facts. If Trump is to push his tax cuts through, it will likely be under what is known as budget reconciliation. The passage of otherwise controversial laws requires a filibuster-proof supermajority or three-fifths vote in the House and Senate. Since Read more about The effects of Trump’s Tax Plan on Tax-Free Retirement Planning[…]

Doctor, it hurts when I do this!

Doctor, it hurts when I do this. Do what? Pay Taxes! There is lots of talk today about the government’s new tax plan proposal. Current speculation ranges from tax breaks across the board to taxes that hurt the middle class to tax breaks just for the rich. I am here to tell you that whatever Read more about Doctor, it hurts when I do this![…]

The History of Monopoly, and what it means for a Business Owner!

Monopoly has been around for decades. Even though it is an “old” game my kids still love to play it. They have their favorite pieces of property to own and they are now beginning to use strategy to win. It is truly fun to watch their minds grow. How many of you know that Monopoly Read more about The History of Monopoly, and what it means for a Business Owner![…]

Jeopardy, Double Jeopardy and Double Taxation!

Bear with me while I tie a few things together… The game show “Jeopardy” has been around since the 1960’s. It wasn’t until I was much older that I began to appreciate the show for what it is and what it isn’t. I am amazed at the amount of obscure trivia that the contestants knew Read more about Jeopardy, Double Jeopardy and Double Taxation![…]

Why you never have, nor ever will own the S&P 500 or any other Index for that matter!

Virtually every person that I meet with owns a S&P 500 mutual fund or ETF. And most likely they own several other indexes. The problem is, they don’t actually own these indexes. You see, you cannot actually own them, not really. The reason is, is that there is only one S&P 500, one Russel 1000, Read more about Why you never have, nor ever will own the S&P 500 or any other Index for that matter![…]

Mutual Funds Exposed! (Part 5 of 6 – Great Managers Don’t Stay)

If a star money manager leaves what ramifications does that have for the investors that stay? How many of you have ever heard of Bill Gross?  Bill Gross helped build PIMCO into a $2 Trillion firm. Bill left PIMCO to join Janus Funds in 2014. if you own Pimco during this time, you most likely Read more about Mutual Funds Exposed! (Part 5 of 6 – Great Managers Don’t Stay)[…]