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

Do People Consider The Economy When Choosing a Major? A No Statistic Discussion of the Topic

Considering I graduated from college in 2003 and law school in 2006 I feel like I am pretty far removed from academia.  That became even more evident when I went to my younger brother’s MBA Graduation Ceremony.  He received his MBA from where I received my undergraduate degree and if you think I enjoy life…Continue Reading