Here’s how the top marginal tax brackets have changed over the last 100 years or so: I don’t know how or when tax rates will change, but if this graph tells us anything it’s that they probably will. As I write this, tax policies have been proposed, but nothing has been implemented yet. Lower tax…
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Writings
What Living Below Your Means Actually Does
My first introduction to investing was my senior year in high school when my economics teacher gave Dr. Thomas Stanley’s book The Millionaire Next Door as an assignment. The book covers the lifestyles of actual American millionaires and their lives look much different than what may be portrayed by the rich in the media. The…
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My Euro Cup Endowment Effect
This past year I’ve been watching a new sport that I have never invested much time in before: international soccer. I took a break from football, basketball and jumped over the pond to enjoy a fresh taste of a different sport. I mainly watched the Premier League (England’s top-flight club football division) since NBC broadcasts…
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2Q 2021 Market Overview
Market Update Markets continued to showcase strong performance through the second quarter of this year. The U.S. market was up 8.2%, foreign markets up 5.7%, and emerging markets up 2%. Small caps lagged behind large stocks by -4.2%. And we saw a reversal back to growth outperforming for the quarter (6.22% over value). Real estate…
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If Inflation Heats Up, What Should I Change?
Inflation heating up has hit the headlines again (U.S. Inflation is Highest in 13 Years). And it appears that inflation is increasing at an alarming rate: 5% over last year! But remember, compared to where inflation was at this time last year, where prices were actually depressed, of course inflation looks like it’s flaming up….
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1Q 2021 Market Overview
Market Update Global markets were off to a strong start for the first quarter. US, developed, and emerging markets were all positive. The prior 12-month returns are almost unbelievable. I had to cross reference my sources to make sure I was seeing things correctly. The US market is up over 60% from this time last…
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