Even Multi-Millionaires Can’t Get This Basic Idea Right
I suppose a lot of this comes down to how much “wonderful” you want, and where you’re willing to sacrifice for your “wonderful.”
Jesse Cramer created The Best Interest to explain personal finance and investing in simple terms. His writing has been featured by CNBC, MSN, The Motley Fool, and other national publications. He resides in Rochester, NY with his wife and their dog, where he works in wealth management. Follow Jesse on Twitter: @BestInterest_JC
I suppose a lot of this comes down to how much “wonderful” you want, and where you’re willing to sacrifice for your “wonderful.”
If I have limited space in my financial plan, am I better off paying 0% capital gains or doing low-tax Roth conversions?
Do required minimum distributions (RMDs) have a destructive synergy with the sequence of returns risk? Can this combo “sink your boat?”
This is why we own both stocks and bonds. They serve simple, important, and drastically different purposes.
“I’d gladly pay you $150 or $200 per hour for a few hours of your time. I’m curious why you don’t work hourly?”
What are the 10 most important aspects of a financially sound retirement, and how do we start preparing for that future today?