Othalafehu believes in a well rounded family of assets as a bulwark against downturns in the economy, for me, this definitely includes physically holding precious metals.
This is the first post in Minafi’s The Focused Investor series. This series is a chance to hear investing opinions and takes that may differ from my own, but are core to someone else’s investment strategy.
Tax loss harvesting is a strategy for reducing taxes today by selling funds at a loss. While this seems counterintuitive, this allows you to pay less in taxes today and maybe bypass taxes altogether.
The Rule of 72 is a formula for estimating how many years it will take for an investment to double in value with a given interest rate. The formula is simple enough and close enough to the computed value that you can use it for ballpark estimate with very little effort.
The hardest part of investing is learning how to get started. In this post, I go over exactly what I’d recommend to someone starting today with $1,000 to invest.
When I was 26 I left my first job. It had a 401k that I had been contributing to since I started. Being the responsible investor I was at the time, I immediately decided to rollover that 401k into an IRA at my bank – Bank of America at the time. The total amount of […]
A rundown on my investments, spending and finances over the last quarter. My investments were down 0.91% while my net worth was up 9.79%.
I’m always interested to hear how other people are minimizing their tax liability after retirement. Here is my personal strategy that we’ll be using to reduce our taxes to nearly zero when we stop working. This approach sounds unrealistic, but you might be able to hit $0 in taxes too!
Dividends may seem like a free money, but if you’re not prepared for it you’ll be caught with an unexpected tax-burden at the end of the year. My own investing strategy relies on both reducing dividend in taxable accounts and embracing them tax-advantaged ones. This allocation helps to cut taxes to the bone.
Every quarter I analyze my investments, share my net worth and assets with the world. This was a crazy quarter. My investments inched up 2.84%, but my net worth jumped an astounding 71.9%! See what led to this dramatic and unexpected jump.