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Think Like A Seller
Say you’re looking at two investments, one pays 5% each year and the other pays 8%. What is wrong with taking the 8% one? That is what smart consumers do. And it seems like an…
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The Most Important Estate Planning Task…
The hardest part about estate planning is getting around to doing it. The second hardest part is deciding on an executor – a person you appoint to execute instructions as stipulated in your will. It is…
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The Post-Covid Times Were Wild
All investing is about cash flows, whether they be a dividend, rent or an interest payment. If there are no cash flows or never a prospect of cash flows, it is not an investment. It…
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Keeping Some Distance From Your Money
Jeff Bezos is known for his long-term mindset. When once congratulated on Amazon’s great quarterly results, he said that those numbers were already baked in with decisions made years before. He is now making decisions…
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On Tariffs
Tariffs are bad. All sane economists know they are bad. Bad for the country that imposes them, bad for the country they are being imposed on, bad for global trade, they make the world poorer,…
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The 50/30/20 Budgeting Framework
I am not into budgeting as much, not because it does not help but because it is a chore. No one likes chores. And hence the many budgeting tools we find around us that help…
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Required Minimum Distributions
The money that you have been contributing to your 401(k) plans has not been taxed yet. You have deferred the taxes that were due for years but at some point, the government wants its share.…
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Why Rules-Based Stock Picking Systems Don’t Work
During the California Gold Rush, folks who sold picks and shovels to the gold miners made more money than the miners themselves. We have all heard of AI, that incessant talk about artificial intelligence and…
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Try Not To Borrow From Your 401(k)
Most 401(k) plans allow you to borrow up to half your vested balance or $50,000, whichever is lower for up to five years without triggering any taxes or penalties. But here are reasons you should…
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You Don’t Want A Bull Market Early In Your Career
There is no clear definition of a bull market except when the stock market seems to be uninterruptedly going up year in and year out and you sense a feeling of euphoria all around, that…