Archive for January 2017

Tax-Advantaged versus Regular Accounts

  Nick H recently emailed me a question about how much money he should invest in tax-advantaged accounts before adding to non-qualified accounts. Due to the large number of emails I receive I am unable to provide individualized tax advice unless you are a client. Nick’s question had a familiar ring. Several times per week…

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Watch the News Right or Turn it Off

News over the years has deteriorated into biased reporting, slanted by political opinion. Finding quality news to form your own opinion is nearly impossible to find. Yet, without good information you can’t make informed decisions in your investing, business or personal life. As bad as it is, there are ways to still get quality news…

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Prepare Your Own Taxes the Right Way

It’s that time of year again where we need to reconcile the previous year’s income for the government. The task can be daunting, but with armies of tax professionals and online software, many people can tackle their tax return with few issues. The trick is finding the right tax software when you plan on preparing…

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Avoiding the Gold Diggers

At a recent Camp Mustache where I gave a presentation I also offered one-hour personalized consultations. Most of the advice I give is identical among all people I consult with. Most themes come up again and again. About 20% of what I advise is unique to the individual. This particular group was comprised of high…

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Kill the Economy and You Will Not Even Notice

It does not take long when you wander the blogs of the ‘retire early’ community before you hear the common refrain: If everybody did this stuff it would kill the economy. To which I promptly call bullshit. Bill Gates and Warren Buffett managed to not spend over $100 billion of their money over the last…

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Recap of Camp Mustache SE

Each edition of Camp Mustache gets better than the one before. Camp Mustache SE in Gainesville, Florida (January 13 –January 16, 2017) is the fourth in a series of camps, this being the first outside the Seattle area. I have had the honor of attending and speaking at all but the first Camp Mustache. Stephen…

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Organize Your Life to Maximize Net Worth and Minimize Taxes

The following post is based on a presentation I gave at Camp Mustache SE in Gainesville, Florida on January 15, 2017. There are several ways to convince someone to speak at your event. Stephen Baughier used the most sure-fire method ever. Stephen noticed I wrote a blog post back in August listing some people I…

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The Worldview of the Financially Independent

What started as a grand idea has morphed into a changed worldview. For decades I focused on the local community in my practice. I would speak for various organizations around the area, rarely traveling more than 50 miles. And I was happy with that. My speaking engagements and traveling expanded during the 1990s when I…

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