Life isn’t about saving for retirement.
99% of financial education is all about an event 30 years from now.
This is the 1%.
Latest post
How to Live off a Business that Makes Zero Profit
The latest scam, I mean “arbitrage” opportunity, just dropped. I looked this up to be sure. Yes, it’s not taxed. Your business won’t be taxed on this, but if you paid yourself out from the cashback, that part will be taxed as income. Nevertheless, this is still a great opportunity if you do high-volume inventory…
Alt Inheritance: Selling Your House to Your Child
One sneaky (and 100% legal) way to pass on wealth to your kids? Selling your home at a discounted rate to your kids. You don’t have to do this before you die. If you have a high-trust family, then that could be a good idea. But otherwise, if you’re going to sell it anyway, and…
Not All Advice is For Everyone
If you’re a fair-minded person, you probably grew up thinking everyone is generally equally capable, deserves the same fair shot, and outcomes are 80% dependent on work ethic, not innate traits. I still mostly believe that, but there’s a huge caveat: you can’t give people challenges too far ahead of where they’re at, nor can…
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