A Wealth of Common Sense. Investor, author, and host of Animal Spirits podcast, focuses on simplifying finance for everyone; has backed over 200 companies.
We also answered questions about box spread loans, retirement plans for small businesses, Coast FIRE and tax-efficient asset location strategies.
Further Reading:
Can Covered Call Options Serve as a Bond Replacement?
The post Can You Live Off Your Dividends? appeared first on A Wealth of Common Sense.
...
Aim beyond the horizon with our active muni ETFs
Navigating today’s complex muni universe requires precision, and index strategies can fall short. Our solution: the industry’s largest active muni ETF lineup–national ETFs and seven single-state ETFs, all fueled by our deep expertise.
Learn More
Today’s Animal Spirits is brought to you...
There’s an old saying that hope is not an investment strategy.
I understand the sentiment.
You can’t just hope and pray everything you buy goes up and to the right always and forever. You need a risk mitigation strategy and a plan for when things inevitably go wrong.
But optimism is absolutely an investment strategy. It’s my investment strategy.
No one knows what the future holds but why would you inves...
Older people are having a moment in the economy.
According to Axios, people 55 and older now make up more than 45% of spending in America:
The Wall Street Journal shows that the 70 and over crowd now controls around a third of the net worth:
Those 55 and older control almost three-quarters of the wealth:
These kinds of numbers make A LOT of younger people very angry.
I understand the resentment/annoyance/frustration. I...
We’re in the fun phase of innovation right now.
Tons of overreactions. All kinds of predictions are being thrown around. No one knows what will happen but plenty of scenarios seem plausible.
Some people think it could be the greatest technological breakthrough in history. It will solve diseases and create so much abundance we won’t know what to do with ourselves.
Others are worried about creating a god in a bo...
I also answered questions about when to turn off your dollar cost averaging into stocks, how UCITs work, home equity as a false kind of wealth, owning your home for a short period of time and how to invest in your 401k.
Further Reading:
The Economics of a 50 Year Mortgage
1Why didn’t I just use mortgage calculators that were already available? The Claude AI version looks nicer. And it’s simpler.
The post Earl...
