Blog Posts
FIRE Secret: Tax-free capital gains
Did you know it’s possible to live off tax-free capital gains from your investments if you plan it correctly? There are several tax secrets most people won’t learn about unless they love hanging out on Reddit /FIRE. I didn’t know about them while studying Finance in college, but only when we began pursuing our financial […]
529 Plan: The Best Way to Save for College
There’s very little doubt in my mind that the best way to save for college is to use a 529 Plan. I recently talked to a friend about it and showed him why the wrong decision could cost him $40,000! His current financial advisor told him the 529 plan wasn’t the best way to save […]
Wait, am I like Don Quixote?
Don Quixote was always on my mind, but I never read the book. Based on what I’ve heard over the years, I assumed he was some kind of great Spanish Robinhood, highly revered as he took on great adventures and helped the poor. I finally read the book, and now I realize Don Quixote was […]
Who’s getting your best time?
Humans are the only animals who get to decide how we spend our time (and still live). I’d be in big trouble if I had no option but to grow my own food, as evidenced by my tortured garden this year. Instead, I can go to the store and buy food grown in all parts […]
The Problem with Big IRAs: RMD
Most of us assume if we generate a huge IRA or 401k, we won’t have anything to worry about in retirement. While that’s mostly the case, there are a few things to think about. The IRS loves when you build up a massive 401(k) or IRA because they get to tax you big time when […]