Bull Run
Well-Known Member
Thanks, sounds like you did your due diligence in your research. I plugged in some numbers into various fixed annuity calculators and their returns now are around 4%.
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if you like REIT (like to live dangerously, eh?) try pipeline trusts.Do you have any interesting speculation stories to tell?
May be looking into them as they offer decent dividends, but need to pump up my non-speculation side first to keep the speculation side under 15% (that's my risk limit). I don't think all REITs are of speculation grade; for example, I consider O as non-speculation, whereas consider AGNC as speculation due to its high leverage (aside from being a mREIT).if you like REIT (like to live dangerously, eh?) try pipeline trusts.
Seems like most of the finally successful people have some sort of a "side hustle" in place, both articles I read online and people I know in person. One example article on side hustle.I love the story. I too ended up not trusting anyone and choose to go it alone. I have been successful but still work part-time because I feel guilty using savings and investments for frivilous things like buying my 2019GT making a racecar out of it then burning up $1600 sets of hoosiers in 1 race weekend.
I think "wealth taxes" are coming. I do not know what form a wealth tax would take. It could be $ on deposit, % of stock portfoilio value or some other metric. From what you know about annuities or insurance in general like maybe ILIT can an insurance product insulate from a potential wealth tax?
you're so cute. Wall Street wrote the damn laws. Congress critters can barely read and generally they don't bother to read any bill before voting on it anyway. They just read the title and the executive 1 page summary if that.can find plenty of loopholes in tax laws written by underpaid government lawyers.
He also had something about taxing over 400k/year some big number. When people analyzed his plan that 400k number sudenly trapped people only making $180k. Taxes always have a way of effecting the little guy in a negative way. IMO you have to vote against all taxes yet aspire to make enough so you have to pay lots of taxes.I heard that Biden will try to tax capital gains as ordinary income but only to those earning over $1 million a year. That shouldn't impact most of us and those earning over $1 million a year can hire tax lawyers and accounts that can find plenty of loopholes in tax laws written by underpaid government lawyers.
Good post... nice to not see the political comments in an investment thread.made some poor choices over last 6 months. I still made close to 500K but if I didn't pull out of a couple others a wee early, I'd be up several million.
Live and learn. Also owned 77btc early this year that I traded out of for a 10K gain when if I just held, would have been 1M easy. oh well. I move onto the next and hope for the best.
There are always new investments to get into before inflection points.