Inverted yield curve, what is it and and why do we care?
The bond “yield curve” has become “inverted” and suddenly every financial pundit is crying “the sky is falling”! – Or at the very least that a recession is imminent! To understand what they are talking about, we first need to…
Death and Tax Brackets
There are only three constants in life: Death, taxes, and folks having no idea what tax brackets really mean. Why do I say this? Because I regularly run into otherwise well educated people who think that because they are in…
The #1 predictor of investment performance is expense!
Those of us who plan on enjoying our “golden years” will save money for retirement. The majority will use mutual funds as our go-to investment. While people spend a lot of time looking at the return one mutual fund has…
Its not the “toast”!
I love avocado toast. There, I’ve said it! More specifically, there is a “toast trailer” in South Mountain that sells the most amazing avocado toast. When the trailer is out on 24thstreet – weekends from October to May – that’s…
Lifestyle Creep – The Enemy of Wealth
It’s no secret that today’s veterinary students are saddled with virtually insurmountable mountains of debt. Most will end up making income-based payments over 20-25 years, then pay the “tax bomb” and walk away. Yet there is another enemy of wealth…
The Ins And Outs of Credit Freezes And Locks
No one ever likes getting letters from the IRS, but this one was particularly frightening. Someone filed a fraudulent tax return in my name looking to swipe a big refund. Needless to say, neither of us was entitled to this…
How To save 10,000’s On Your Mortgage!
If you are buying a house the first thing you probably realized is that when it comes to mortgages, you don’t get a lot of choices. Just try to question any of the 1,000 documents shoved in front of you…
F.I.R.E. dangerous to your health?
So if you follow my blog, you know that I’m not a big fan of F.I.R.E. (Financial Independence and Retire Early). For those unfamiliar with the topic, followers of the F.I.R.E. principals live very frugal lives using the money they save…
The Alphabet Soup Of Financial Planner Certifications
When a client looks for a veterinarian, the educational qualifications are reasonably straightforward. For primary care, a client looks for a DVM (or VMD) and for specialty care there are a limited number of certifications all with rigorous training programs behind…
Financial Advisors – Who Can We Trust
It’s not easy knowing who a veterinarian can trust for financial advice. If you aren’t leery of the people who try to give you financial advice, you haven’t seen The Wolf of Wall Street. Think that was an exaggeration? Maybe…
