Identify and Overcome 3 Biases Sabotaging Your Returns
👋 Hey, I am speaking IN PERSON in Charlotte, NC next month, but I want to know what you think about this topic. The 3 Enemies Secretly Hurting Your Investing Returns Description: Your brain is working against you as an investor. Our minds magnify the negatives but tend to understate the positives, which means you can miss out on how you should invest right now. We say, “buy low, sell high,” but when the market is down, we do the opposite. Why is this the case, and how can we flip it?
Buy Direct for Long-Term Hold, ETFs Win Otherwise
Big news. Def better deal than most crypto exchanges for newbies but IMO it’s tough sell vs ETFs (which are 2bps to buy vs 75bps for Schwab direct). That said ETFs have ann exp ratio vs none buying direct. Bottom...
LSDI Fees Often Outweigh Tax-Loss Harvest Savings
"For a typical investor, the fees paid to a leveraged long/short direct indexing (LSDI) tax-loss harvesting manager eat up most of the tax savings. In our base case, the investor pays more than half as much in fees as the...
Maxing Custodial Contributions Turns Son Into Future Millionaire
By far the most rewarding part about creating my own path in life is the ability to max out the annual contribution to my son's custodial account. By the time he inherits the account, he will be a millionaire thanks...
Early Withdrawal Taxed on Interest You Never Received
A real gotcha: Someone withdrew money early from a NatWest fixed-term savings account. NatWest applied an early closure charge of 90 days interest. So they didn't receive 90 days-worth of interest. But they were still taxed on it! Whose fault? And...
Investors Weigh Crypto Allocation: Institutional vs Individual
ASSET ALLOCATION Q: #Bitcoin (and/or other crypto currencies) - do you allocate to it? (also, are you institutional or individual investor)
Consistent SIP Beats Higher Returns Over Time
₹1L SIP ~ ₹22.6 Cr ₹1.25L SIP ~ ₹28.3 Cr ₹1.5L SIP ~ ₹33.9 Cr ₹1.75L SIP ~ ₹39.6 Cr ₹2L SIP ~ ₹45.2 Cr ₹2.25L SIP ~ ₹50.9 Cr ₹2.5L SIP ~ ₹56.5 Cr Assuming 10% return for 30 years. Same market. Lower return. Still massive wealth. Lesson: Return matters…...
Diversify Wealth Globally, Don’t Overinvest in Local Real Estate
It’s a good argument not to put too much wealth into local real estate, and instead to think more global, more mobile.
Invest Your Salary, Retire Early with Passive Gains
Last year, my portfolio made me more money than my old job at Deloitte. I worked 55 billable hours during busy season vs just buying ETFs like $VTI and waiting for the same $$$ gain Turn your active income into investments so...
Wealth Preservation Is a Teach‑able Skill, Not Luck
Most people who come into a lot of money lose it. Not because they are careless, but because nobody taught them how to keep it. Wealthy families spend generations passing down how to preserve and grow wealth. You do not...
Trade Inside a Roth for Tax‑Free Gains
*Not Tax Advice* But if you are truly that good at trading - look into doing it inside a Roth.
Moving States Can Slash $24k From $250k Salary
A $250k salary is worth: $180k after tax in Texas $173k after tax in Arizona $167k after tax in Illinois $162k after tax in New York $156k after tax in California A $500 U-Haul can save you $24k on taxes.
Break the Paycheck-to-Paycheck Cycle, Start Small Steps
If you’re tired of working just to make more payments, and tired of wondering why it's so hard to get ahead... start HERE and take things one step at a time.
Simplicity Keeps Your Retirement Savings Goal on Track
Keeping it simple is the best way to keep your retirement-savings goal on track. https://t.co/U0en039ICj
Diversifiers Shine as Equities and Bonds Re‑correlate
With equities and bonds positively correlated again (a déjà vu to 2022), it’s good to see that the group of diversifiers that I have in my hypothetical 60/20/20 model have been doing their job. The chart below shows the “crawling”...
