This $3,000 loss will save us about 4% on California taxes ($120) and 10-12% on our insurance premiums for the year (~$330+/-.) Technically this would also save us 10% on federal income taxes, but all it does in practice is lose an equal amount in Child Tax Credits. I fully ...
government bonds are the way to go. You may not make much profit, depending on the duration of the bond, but you are also unlikely to lose money.
Investors who chase performance are highly likely to lose money over the long term. This is not because investing in top performers is a bad strategy. It is because in many cases these investors are not doing any research. All they are doing is looking at a list of mutual funds in their...
Even though it was uncomfortable to lose money when the Fed first started hiking rates in 2022, the Fed may have ultimately done us a favor by hiking through the end of 2023. The economy didn't crash and burn due to overly restrictive interest rates, and most of us are net beneficiaries...
It's all so clear to me now why Millennials emphasize “following their passion,” and “doing meaningful work,” even if they haven't put in their dues. The data from hundreds of thousands of well-educated, technology-savvy Millennials from all over the country does not lie!
1. How much do you have saved and what does a 3-5% withdrawal rate on that look like, vis a vis your spending needs? 2. If that is enough to retire on, then technically you need neither disability nor life insurance, but . . . . ...
Sure, both of the pension and the 401K are drops in the bucket for Brady, but nonetheless, these are benefits he has. I do find people who work high stress jobs who don’t need the money fascinating. This is often the case with CEOs and professional athletes. I think the real reason...
The compa-ratio does not take into account paid vacation, 401k matching, free meals, and several other perks that may incentivize a person to work at a certain company. Depending on the industry, an employee may be also willing to work for a company that offers lower pay in exchange for ...
people’s savings to play the roulette wheel that is the stock market – and then when they lose, they just order another cup of coffee and use the federal budget to make sure that the losses fall not on them but on the people who just tried to save a little money in the first ...
Why does Uber's value continue to increase, while they lose money? Is it simply perception and market share? If they are not profitable now, how will they ever be? Why would trying to drive rivals out of business by selling below cost be an unprofitable strategy? Harry invests in a stoc...