Generosity Wealth Management
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What Rate of Return Do You Need for a Comfortable Lifestyle?
According to this article, you can withdraw 4.5% out of taxable accounts per year and your money will last at least 30 years under most scenarios. I don't have his supporting material to double check his numbers, but I do know there are a lot of variables involved in...
10 Biggest Money Wasters
What are 10 things you can look at in your financial life that can immediately save you money? This article sheds light on 10 of the most popular money wasters in the US, from ATM fees to the Lotto to cigarettes. Interesting article..... LINK TO FULL ARTICLE
It’s not a Banking Problem
This article is good because it talks about Household and Consumer Debt as the underlying problem with our financial problems, not the banking regulations. I happen to agree personal consumer debt has been a huge problem for our country and will continue to be a major...
Doritos Flavored Mouthwash
Proving once again that you will be rewarded for reading my blog, I share with you important news. Doritos Flavored Mouthwash. Mmmm......
Hindsight Bias and Performance
A puzzle that was so hard the first time around is simple in hindsight. This is known as Hindsight Bias. This week I talk about the psychological phenomenon of Hindsight Bias and investors' over reliance on Performance Numbers. TRANSCRIPT: Hi Clients and Friends, Mike...
Time to Buy Municipals?
I've been negative on the finances of state and local governments for some time, and continue to believe it will get worse before it gets better. This article takes a contrarian view, particularly on the debt, which I want to present to you. He argues there are...