Financial Update

Another month, another update. A few random comments. Good Reads/Listens/Watches Two good posts unpacking the $2T stimulus package: Kitces (link). GoCurryCracker (link). A subtle point regarding the stimulus checks: The check issued in a couple weeks will be based on 2019 AGI if you’ve already filed and 2018 if not. If you have lower AGI … Read more

Another month, another update. A few random comments. Good Reads/Listens/Watches Interesting 2hr PBS Frontline report on Amazon. It’s worth watching (link). TL;DW – Amazon is big and powerful. Really big. Really powerful. Another Econtalk episode on healthcare economics (link). Fiscal health of each state in the US, published by a non-partisan think tank (link). Two … Read more

Another month, another update. A few random comments. Good Reads/Listens/Watches Several interesting Bogleheads threads: On 2020 goals (link). On forgiving yourself for stupid financial mistakes (link). Giving advice to a recent college grad (link). Yesterday (link). Mrs FP and I really enjoyed it. We let FC1 and FC2 see it the next day. Greg Mankiw, … Read more

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