Author Archives: Evan

What is the Difference Between Marginal and Effective Tax Rate?

I am often surprised how many people don’t understand how the United States Income Tax system actually works, but on the surface it is a really simple system.  Like anything else, once we get deeper it becomes a bit LOTS more complicated. However, when someone says, “I don’t want to make more money than $X becauseContinue Reading

At Death What You Think Someone Else Wants is Irrelevant

Absent fraud, duress, undue influence or a few other rare reasons whether you agree with a decedent’s estate plan is Irrelevant.  It is amazing how often I have to explain to someone that just because your pain in the ass relative left all her money to her cats doesn’t mean you should complain about itContinue Reading

June 2011 Net Worth Update

This past month was a pretty good month for Evan’s household.  I received my tax refund and my side businesses really took off towards the end of the month.  I will fully admit that this month my partner rocked it out – most months we are about even on revenue but in May he killedContinue Reading

Are You the Kind of Person that Bets to Win? Place? or Show? Personal Finance Meets Horse Racing

This Memorial Day our neighbors asked The Wife and I would like to join them at Belmont State Park for a couple horse races and since we had been at the beach the previous two days it was a nice change of pace. While there are a ton of different ways to bet on “theContinue Reading

Happy Memorial Day 2011

Thank you to all those who have served our Country to promote our freedom.  According to the VA, Memorial Day, which is observed on the last Monday of May, commemorates the men and women who died while in the military service.  In observance of the holiday, many people visit cemeteries and memorials, and volunteers oftenContinue Reading

What is the S&P 500? Who are the Members Today? Who Were the Original Members of the S&P?

Growing up my parents almost exclusively listened to boring A.M. news stations in the car and I can distinctly remember hearing every 11 minutes (1010-wins for anyone from NY?) that the S&P was up or down a certain percentage.  While I almost can’t help but run into this number daily I don’t think there areContinue Reading