by Leif Jensen | Jul 14, 2025 | Money Management |
Determine Your Capital Gain or Loss Capital Gain: The difference between the sale price of your asset and your “basis” (usually what you paid for it, plus commissions or fees) Capital Loss: If you sold the asset for less than your basis, you have a loss,...
by Leif Jensen | Jul 9, 2025 | General |
In recent years, Chinese state-sponsored hackers have emerged as one of the most significant security threats to the United States, particularly through their targeting of civilian infrastructure. This threat, which intensified during the Trump administration, has...
by Leif Jensen | Jul 7, 2025 | Rant |
I was talking to my youngest who has a very eclectic group of friends, who all seem to have the same unusual reading sources as my son. Recently one of these friends gave him a cryptic warning, No specifics per say, just a be very prepared for something major to occur...
by Leif Jensen | Jul 2, 2025 | General |
It seems that some people still don’t realize that you need to have reasonable compensation as a “S-Corp” owner. Definition and IRS Scrutiny S Corporation owners who actively work in their business are required by the IRS to pay themselves a...
by Leif Jensen | Jul 1, 2025 | Rant |
I comment often that I get blog topics from conversations with my kids. True when I think of them images from pre-school enter my mind first. Granted they are all grown men. Now they read sources that I never heard of, they tend to avoid the mainstream media,...
by Leif Jensen | Jun 30, 2025 | Rant |
A millennia ago when I was a mere youth, Chicago sports teams were on regular tv and free to watch and a part of everyone’s day. Hell they even had catchy theme songs: “Here Come the Hawks”; “Hey Hey Holy Mackerel”; Na Na Hey Hey Kiss Him Goodbye”.. Now it...
by Leif Jensen | Jun 25, 2025 | Retirement |
The situation may sound like bad luck, but it’s a reality for many older Americans. About 1 in 5 people over the age of 50 have no retirement savings at all, according to a recent report from AARP. This alarming statistic highlights a growing crisis in retirement...
by Leif Jensen | Jun 23, 2025 | Economy |
“The middle class has been declining — we just haven’t recognized it fully,” LISEP Chairman Gene Ludwig told CBS MoneyWatch. “It’s really dangerous because it’s the kind of thing that leads to social unrest, and it’s not fair....
by Leif Jensen | Jun 18, 2025 | Rant |
What do you do when you have a spam call? For me it depends on who the caller states they are. If they say they are the IRS I have lots of fun, I insist that I paid my taxes, and that they are discriminating from me. One time I called them so much, they stopped...
by Leif Jensen | Jun 16, 2025 | Rant |
I am fascinated with the tv series “How________ Built America. I have ordered more books based on these entrepreneurs that I may never catch up. I also get a number of blog ides from the shows and the books. The show has also made me change some of my investment...
by Leif Jensen | Jun 11, 2025 | Rant |
As American ages upward, so does our workforce. Yet, it seems that there is still a lot of age bias in existence. When people lose good jobs in their 50s, it’s common for them to struggle in their 60s and in retirement, says Lisa Berkman, a professor of public policy...
by Leif Jensen | Jun 11, 2025 | Economy |
It has been awhile since I reported on the unemployment rate. Things were perceived as better, or at least not really that bad. We are now in the “bad” category in my mind. The economy is waffling, mostly because the President keeps going back and forth...
by Leif Jensen | Jun 9, 2025 | General |
Prior to writing this blog post I checked to see how many attempts were made at hacking my website, the results follow. 3 failed login attempts (past 24 hrs). Your site is currently at a low risk for brute force activity This is now, a couple of years ago the hackers...
by Leif Jensen | Jun 4, 2025 | General |
I don’t know about you, but I am getting to the point where I feel I need to start forking out good hard cash for a password manager. I have password fatigue, I need good strong passwords and they have to unique from all other passwords, and constantly changing or...
by Leif Jensen | Jun 2, 2025 | Retirement |
Do you have longevity in your family? I don’t but my wife does. Though I am getting closer to beating the age of my closest male relative, every day. Yet as lifespans lengthen, wages are not keeping up with inflation, and even a decent nest egg may not go far...
by Leif Jensen | May 28, 2025 | Money Management |
I am more and more amazed by the generational differences between myself and my kids and our views on just about everything. My kids through their reading sources on the internet have been reading that food shortages are coming. One showed me pictures of a Target...
by Leif Jensen | May 21, 2025 | Retirement |
We are an aging population. A aging population that really did not save enough money for our retirement. So, it’s not entirely surprising in Vermont, where about 26% of residents 65 and older are still working—the highest share in the U.S. The state is at the...
by Leif Jensen | May 19, 2025 | Money Management |
Central Bank Digital Currency (CBDC) is a new form of money that exists only in digital form. Instead of printing money, the central bank issues widely accessible digital coins so that digital transactions and transfers become simple. Let’s be honest – many people...
by Leif Jensen | May 13, 2025 | General |
Apparently I ran out of blog postings last month. Thought I had them programed into May. I will address, ASAP. the Management
by Leif Jensen | Apr 14, 2025 | General, Rant |
We have all seen the ads and most know them to be false, yet some believe them to be true. So, H&R Block must pay a fine and change its deceptive marketing practices. In 2024, the Federal Trade Comm. filed an administrative complaint against the firm, alleging...
