Why 10% Creates an Infinite Difference
A small swing in caloric intake – and a small swing in savings rates – will compound to infinite differences in the long run.
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You’ve Lived Here Your Whole Life
It got up to 85 degrees here in Rochester last week (that’s Fahrenheit, to anyone concerned…or about 30 Celsius). We fired up our grill and… Read More »You’ve Lived Here Your Whole Life
Will A Long-Short Direct Index Help My Tax Bill?
Tax-loss strategies sound clever, but complexity, fees, and diminishing returns make them unsuitable for most investors over time.
Fee-Only, Flat Fee, Fee-Based?! A Full Description of How Financial Advisors Charge Fees
The financial advising industry stinks for its jargon. The worst culprit might be the different ways advisors charge fees. Lots of DIYers – and lots… Read More »Fee-Only, Flat Fee, Fee-Based?! A Full Description of How Financial Advisors Charge Fees
When “0% Capital Gains Tax” is Terrible Advice
Time for another cautionary tale! A client sent me this video last week, along with the question: “Is this legit – or fake news?“ If… Read More »When “0% Capital Gains Tax” is Terrible Advice
When the “Shockingly Simple Math” is…Shockingly Wrong
A recent idea from the godfather of FIRE / financial independence comes to a dangerously incorrect conclusion.