We Received a $600,000 Inheritance: Now What?
Felicia received a $600,000 inheritance. How should she think about taxes, spending, and investing over the long run?
Should you be hand-picking stocks? Timing the market? Or taking the “lazy portfolio” way out?
Investing and Retirement are complicated and consequential topics. The articles below address these complex ideas.
I hope you enjoy them! And let me know what other questions you’d like me to dig into.
Felicia received a $600,000 inheritance. How should she think about taxes, spending, and investing over the long run?
Even simple financial planning tools – like a backdoor Roth IRA – can lead to $100,000+ savings in the long run.
As an investor, inaction is your friend. But it’s important, paradoxically, that we differentiate inaction from inactivity.
What does highly-respected NYU professor Aswath Damodaran say about stock traders looking to get rich quick?
Stock market investing has far too many bad outcomes over short periods. You’ve got to be a long-term investor.
The stock market has few needles. Missing out on them negates the purpose of stock investing in the first place. Your best bet – literally – is buying the whole haystack.
Most people don’t understand life expectancy data…which means they don’t understand the fundamental aspect of retirement planning.
Capital gains taxes are a bit dry…but important to understand! Let’s cover the basics and correct the common misconceptions.
Icarus flew too close to the sun. But underconfidence was a risk he faced too. Investors should learn both sides of that lesson.
In the financial world, the friction – or lack thereof – sends a clear message about who you’re dealing with.