Rant Archives |

Surprise at passive income

I was wasting some time and had on a section of an Arnold Schwarzenegger biography.  He seemingly moved to the US in 1968 and as soon as possible he was investing in small rental properties. While he lived in a small sparse unit, every dollar he could he keep...

Crypto

As crypto currencies become more unstable, the IRS continues to increase their scrutiny. Virtual currency under the IRS continues to be treated as a stock purchase, but the basis reporting is required to be done by the individual.  We have seen more holding companies...

College Athletes and the IRS

The IRS is addressing the increasingly popular way of paying college athletes. Guess it is never too early to start the “brand”… Since the Supreme Court ruled that college athletes can be compensated for their name, image and likeness, college boosters have started to...

Budget and weight loss similarities

Working with a budget is a bit like trying to lose weight, both require a plan and the ability to maintain that plan in spite of the obstacles. Years ago, I kept my household to a tight budget, both my wife and I were wage slaves and cash was always tight.  It seemed...

The end of Social Security (Again)

It seems that my whole adult life they have been talking about the Social Security funds running out. I laugh at that, because if it was real money and that money was invested it would never have run out.  The damned politicians looked at it as a pork barrel to stick...

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