by Leif Jensen | Jul 27, 2020 | Investing |
I have recently reworked two investment accounts. The first is new I opened a Vanguard account when the market tanked, I put half in the S&P account and the other in Wellington. In a couple of months, I am up over 10%. The other was small cap high dividend...
by Leif Jensen | Mar 16, 2020 | Investing, Money Management |
Surprise, the IRS is intensely interested in filers who transact in virtual currencies. They are requiring more disclosure. Starting with returns filed this year, people must answer on Schedule 1 of the 1040 whether they’ve received, disposed of, sold, exchanged or...
by Leif Jensen | Feb 3, 2020 | Investing |
The beginning age for taking required minimum distributions rises to 72 from 70½. This easing applies to account owners who turn 70½ after 2019. So, if you turned 70½ in 2019, you must still take your first RMD by April 1, 2020. Employees who work past age 72 can...
by Leif Jensen | Jan 6, 2020 | Investing |
Surprise it seems that stock gamblers are on the rise. But, sooner or later, they will lose most—if not all—of their recent gains. Just look at options trading, which has been surging. Many traders use options as a cheap way to try hitting the jackpot: stock-market...
by Leif Jensen | Dec 9, 2019 | General, Investing, Money Management, Rant |
There is a whole cottage industry running to show you how to do just that; books, articles, webinars, seminars. You name it there is someone trying to sell you their plan to help make you a millionaire. Most of it is bullshit, there is no magic elixir that will get...
by Leif Jensen | Nov 25, 2019 | General, Investing, Running a Business, Taxes |
I have known people who get creative in having others cover their mortgage payments. I personally never had the opportunity or the courage to try what they did on my own. The first person bought his parents’ home from them in his freshman year of college. He then...
