Last weekend The Wife and I went away for the first time without the boy and it allowed me to refocus on some goals and the reason for those goals. Despite growing up and even going to school on Long Island I had never been to Montauk so when The Wife suggested it I jumped… Continue Reading
Author Archives: Evan
What is a Grantor Retained Annuity Trust and What Does it Have to do With Facebook?
I am a little late to the story, but I was shocked to learn that a few of the Facebook founders used an estate planning technique known as a Grantor Retained Annuity Trust (GRAT) to help their future heirs save on estate taxes. It is very long term planning considering those mentioned in the article… Continue Reading
Does Ethnicity Play a Part in How You View Retirement Accounts?
Vanguard recently released a very interesting study titled, “Diversity and Defined Contributions plans: Loans and hardship withdrawals” which looked at the loan rates according to ethnicity across 7 defined contributions plans. The sample size was almost 250,000 and was made up of active participants. I don’t remember my 401(k) asking me my race/ethnicity, but apparently… Continue Reading
June 2012 Net Worth Update My First Negative Month! and a Housing Update
I have been tracking my Net worth since January 2011 and while it took a long time the inevitable has finally happened my net worth dropped month over month! I am pretty pissed since I did everything right this month. I put my standard amount into cash savings , paid off the standard amount of… Continue Reading
Trying to Understand Long Term Care Insurance
At the heart of every insurance contract is a shifting of risk to someone more likely to handle it better in exchange for a set of premiums which the insurer hopes it can invest way better than you or I for various reasons. While I am entirely too young to consider Long Term Care Insurance… Continue Reading
Updating my Covered Call Traditional IRA
It has been almost two months since I have provided an update to my Traditional IRA which is used to primarily purchase Covered Calls. I am not sure if I should be quoting myself but as a brief reminder about the account: My goal is to find companies with a market cap of at least… Continue Reading
