Financial Update

Another month, another update. A few random comments. Good Reads/Listens/Watches Bill Gates on the need for increased taxation on wealthy at the Federal and State level (link). His main argument is that, to close the deficit (and thus the federal debt level), we should increase taxes on the wealthy to fix it. He argues that … Read more

Another month, another update. A few random comments. Good Reads/Listens/Watches WSJ opinion piece on the state of income inequality in the U.S. (link). The authors claim that, on an after-tax-and-transfer basis, the five quintiles of income earn a net of $50k, $55k, $65k, $80k, and $190k. While the ratio of gross incomes of the top … Read more

Another month, another update. A few random comments. Good Reads/Listens/Watches The Biggest Little Farm (link). Our friends saw this indie film at a local theater and highly recommended it to us. It documents the journey of a couple as they embark on an ambitious plan to change careers to become farmers. In the process, they … Read more

Another month, another update. A few random comments. Good Reads/Listens/Watches One of the more well-written and inspiring things I’ve read on the internet in a while from the Dangerz (the former van dwellers turned perpetual sailors). To see the text of their instagram post, you’ll have to scroll to the top of the comments (link). … Read more

Another month, another update. A few random comments. Good Reads/Listens/Watches MyMoneyBlog on safe withdrawal rates & mortality (link). Seeing that grey “you’re dead” portion of the engaging data plots is pretty startling. GoCurryCracker posted about this some time ago (link). A Reddit user reports that Fidelity has streamlined (i.e. automated) the mega-backdoor Roth (link). This … Read more