Thank you for reading The Best Interest And listening to my podcast, Personal Finance for Long-Term Investors From the blog... Tax season. GAH! Imagine this: you and your neighbor pay the same total in taxes this year. You’re frustrated. They’re thrilled. How is that possible?! It turns out, our relationship with taxes has far less to do with the numbers and far more to do with psychology, timing, and perception. If you’ve ever celebrated a refund or dreaded a bill, this article will feel...
16 days ago • 1 min read
Thank you for reading The Best Interest And listening to my podcast, Personal Finance for Long-Term Investors From the blog... Recently, a retired financial advisor asked me a favor. He wanted me to share his investment newsletter with you. He’s a nice guy. A solid writer. Before he retired, he was, I must admit, wildly successful in his professional career at gathering client assets. He worked for a commission broker/dealer you all have heard of. But I have a philosophical impasse with his...
24 days ago • 1 min read
Thank you for reading The Best Interest And listening to my podcast, Personal Finance for Long-Term Investors It's a...GIRL! 👯♀️ Some of you might know that we've been expecting our second child. We decided to be surprised by the baby's gender, the "old school" way. In the wee hours of March 22, we welcomed a baby girl to the world. She's big, healthy, and hungry, and everybody is doing very well! My birthday is March 22, too, so now I have a forever birthday buddy 🎁👶🏻 From the blog......
about 1 month ago • 1 min read
Happy St. Patrick's Day! Thank you for reading The Best Interest And listening to my podcast, Personal Finance for Long-Term Investors Fun Irish Stuff... ☘️ Kelly and I (left) met up with my brother (r), who lives in Cork, Ireland, in 2024 for a trip around the Emerald Isle. Wonderful memories. Below is a fun article about this picture taken atop Skellig Michael, a lonely island 12 miles out to sea, where some 6th-century monks built a monastery. Lifestyles of the Monks and Irish Boudica......
about 1 month ago • 2 min read
Good morning! Thank you for reading The Best Interest And listening to my podcast, Personal Finance for Long-Term Investors From the blog... A good retirement plan involves many decisions, both big and small. These are the decisions I write about here every week. How much can/should you withdraw from your portfolio? …and from which accounts? How should you allocate your assets? When should you claim Social Security? How should you approach tax planning? The list goes on and on. Imagine if...
about 2 months ago • 1 min read
Good morning! Thank you for reading The Best Interest And listening to my podcast, Personal Finance for Long-Term Investors From the blog... What exactly are the new Trump accounts? How can people use them? Invest in them? Pay taxes on them? How do they compare to similar accounts? How will I use them and encourage others to use them? - Ehh. Trump Accounts: Not as Good as Advertised On the podcast... Episode 132 is all about controversial money and retirement topics. It's an "ask me anything"...
about 2 months ago • 1 min read
Good afternoon! Thank you for reading The Best Interest And listening to my podcast, Personal Finance for Long-Term Investors From the blog... I’ve struggled with this concept. I’ve seen many others struggle with it, too. Step 1: We discover a new shiny idea (…Roth conversions! …Small-cap value investing! …Qualified charitable distributions!) Step 2: This idea’s shiny appeal pushes it to the top of our priority list. Step 3: Blinded by the light, we mistakenly overemphasize this new idea to...
about 2 months ago • 2 min read
Good afternoon! Thank you for reading The Best Interest And listening to my podcast, Personal Finance for Long-Term Investors From the blog... The Adirondacks are a special place. Maeve and Kelly in the shallows of Heart Lake. Hiking, in particular, is my favorite part of visiting America’s largest park. The journey up one of the Adirondack “High Peaks” is grueling but rewarding. Sitting on the summit is a beautiful thing. You’ve never had a better peanut butter & jelly sandwich than when...
2 months ago • 2 min read
Good afternoon! Thank you for reading The Best Interest And listening to my podcast, Personal Finance for Long-Term Investors From the blog... James Stockdale was a U.S. Navy aviator who eventually rose to the rank of admiral and even ran for U.S. vice president in the 1992 election (on Ross Perot's ticket). During the Vietnam War, Stockdale's fighter plane was shot down, and he spent seven years as a prisoner of war in the infamous “Hanoi Hilton” prison camp. It was during these challenging...
2 months ago • 2 min read