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Avoid the Unforced Investment Errors Even Billionaires Make

The Big Picture

Your Lizard Brain : One of my favorite behavioral hacks is for you stock junkies: Manage your lizard brain via a Cowboy Account. Set up a mad-money account with less than 5% of your liquid capital. ” The cowboy account serves the same function. Buy high, sell low, repeat until broke. If it works out great!

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Q&A: Your Money Map

The Big Picture

Compounding, Denominator Blindness, Survivorship Bias all affect our abilities to make good decisions about the future when even basic math is involved. If you are retiring in the next 12-36 months, you have a right to be concerned. How should a person who is approaching retirement NOT invest?

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Why Gen 2 Advisors Are a Flight Risk

Wealth Management

Resonant Capital Merges with Tax, Accounting Firm QBCo $2.2B Resonant Capital Merges with Tax, Accounting Firm QBCo Brennan’s experience is indicative of many young advisors working in the RIA space. Brown did the math and decided he needed about 20 clients to break even. Related: $2.2B There was no succession plan coming.”

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"We're Living In 'End Times' When You Can't Retire On $1 Million"

Random Roger's Retirement Planning

The magic of having $1 million for retirement is no longer what it once was. million as being sustainable for a 25 year retirement assuming 4%/$50,000/yr. million as being sustainable for a 25 year retirement assuming 4%/$50,000/yr. million account can be a source of $70,000/yr for a very long time. Is it enough?

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When is the Best Time for a Roth Conversion?

Darrow Wealth Management

While a Roth conversion may never make sense for some individuals, for others, early retirement years may be the best time to convert pre-tax accounts to tax-free Roth. Converting a traditional IRA to a Roth doesnt make sense unless you have cash to pay taxes without dipping into your retirement savings.

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At the Money: Meb Faber on Tax Aware ETFs

The Big Picture

And the way math works, you end up with a stock that goes up a bunch. First one maybe about a decade ago, but you’ve really seen it with mutual fund ETF conversions, separate account ETF conversions, and what we’re announcing is an open enrollment. Most of it just assumes you’re in a separate account.

Taxes 130
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Start Planning Your Retirement Early to Save Enough and Plan Better

WiserAdvisor

Let’s be honest, retirement isn’t what it used to be. The traditional blueprint of working until 65, collecting a pension, and retiring feels outdated, especially for mid-level professionals who’ve started thinking early about what their ideal retirement should look like. What’s the earliest you can retire?