January 27, 2021

Wealth Inequality & Lottery Tickets

While researching my last book one of the statistics that stuck with me the most was the fact that every year Americans spend more money on the lottery than they do on movie tickets, music, professional sporting events, video games, and books combined. I also found people on the lower end of the income scale are more likely to play the lottery than people who make more money. Bankrate found in 2018 that the lower income h...

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Chinese Margin Madness

On this week’s new episode of my podcast, The Compound Show, I took a look at the fact that Chinese stocks seem to be rallying hard relative to the US because they’ve done a better job reopening their economy and avoiding resurgences and rollbacks. In fact, they’ve done a better job than most of the developed world… I’ve heard the explanation that the people living in Chinese cities had alre...

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5 million downloads for Animal Spirits!

  View this post on Instagram   Humblebrag coming… We passed 5 million downloads of the podcast this week. Thank you so much to everyone who has listened, emailed, DM’d and put up w/our dad jokes We had no idea how this would work when we first started it but it’s the most fun we have every single week and the wonderful listeners we have are what help make it so enjoyable ...

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4 Dividend Stocks Raising Their Payouts And Yields

When you purchase individual stocks, risk is inherent. Sometimes bad things happen to good stocks. Eventually, every investor will hold a stock that falls out of favor and endures a double-digit decline. Understanding this from the onset makes it easier to deal with. To minimize the risk of significant declines, your core portfolio should focus on blue-chip dividend growth stocks. Listed below

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If We Can Print Our Own Money Why Do We Have to Pay Taxes?

The IRS estimates they brought in roughly $3.6 trillion in taxes for fiscal year 2020. The bulk of that money comes from income and payroll taxes. Here is the breakdown from the Budget of the U.S. Government: This $3.6 trillion number is estimated to reach $5 trillion by 2025 and more than $6.2 trillion by the end of the decade. These are obviously big numbers but the Covid crisis is putting them into perspective in term...

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What Should College Students Do This Fall?

This fall is going to be weird. There are a lot of people that want school to happen but there’s no way it occurs under normal conditions. If it’s all in-person there will likely be outbreaks that make it a disjointed process. And if it’s fully or partially online it will make life more challenging for young people and families alike. This week Harvard announced they will be bringing up to 40% of underg...

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