Too Big To Fail But Not Too Big To Screw You
“They’re too big to fail” is one of the phrases I commonly hear novice investors make when buying a cheap stock. This type of thinking is extremely flawed and completely wrong.
The Day Trader Myth
Many people over the years have been fed a lie backed by Wall Street and the discount brokerage industry that you can make a living out of day trading stocks. Logic, however, would suggest otherwise.
Alabama Fans Must Realize This Big Different Between Basketball and Football - Or Be Perpetually Disappointed.
This season was not a failure. Nate Oats is an awesome coach. Brandon Miller is still a great basketball player. Alabama just lost in the sweet sixteen on a day when they were not very good. College basketball fans have to realize that just because they have one of the best teams in school history, the odds of them making the final four and winning a national championship are still low.
Which Financial Firms Should I Use?
Which banks are the best to use in 2023? How about brokerage firms? Are they safe? These are questions I get all the time.
Infinite Banking, TFRA, & Other Gimmicks Posing As Life Insurance
You’ve probably seen some sort of advertisement for life insurance that was disguised as a hyperbolic investing euphemism that just seemed too good to be true. The reality is, most insurance salesmen give the same spiel to each and every one of their clients because it pays them a big commission to do so.
No Fund Me: Five Things To Do So You Never Need an Emergency Fundraiser
The intent of this blog post is not to make people feel uncomfortable or embarrassed - rather, it is to inform and educate others about how they can avoid repeating some of the mistakes of others.
Don’t Fear That the Tax Man is Here
For most people, the odds of getting auited by the IRS are extremely low. Here are some of the items that can put you on the IRS' radar.
Netflix’s Password Policy is Not as Bad as You Think
Netflix’s new password-sharing policy has caused quite the stir, but things are not as bad as some customers are making them out to be.
Guaranteed Life Insurance is Expensive
Insurance companies that offer policies without any medical underwriting are almost always a bad deal for the average, relatively-healthy person.
Pet Trusts: Yes, They Exist
Yes, a pet trust is most likely exactly what you think it is. It is a trust created by someone who wishes to use their wealth to promote the general well-being of their pet.
Buy-Sell Agreements: Much more than just life insurance
Dying prematurely is less than 1% likely to happen in a given year for most business owners. Here are things much more import to plan for than simply buying life insurance.
No, Georgia has not surpassed Alabama
After Georgia beats TCU to win back-to-back national titles, the chorus will grow louder that Georgia has surpassed Alabama. Here’s why that’s not quite the case.
New RMD Rules under the Secure act
The Secure Act 2.0 of 2022 expands upon the Secure Act of 2019 with more favorable laws for required distributions from retirement accounts.
The Intangible benefit of opting-in
Given the current landscape of college football, it is quite remarkable that Alabama Football has once again had zero opt-outs. With NIL deals run amuck, we may begin to consider that this Sugar Bowl is NOT Bryce Young’s final game at Alabama.
FTX Collapse Shows How Easy it is to Make Poor “Investment” Choices
I believe that many Americans who buy into speculative asset classes understand the risks of what they’re dealing with. After the collapse of FTX, the question now becomes do we regulate or ban these speculative “investment” options to protect consumers?
Permanent life Insurance: Pros and cons
Life insurance is the most dynamic asset on the planet with versatility that is matched by no other asset class. Unfortunately, I have seen many companies and insurance agents repeatedly botch opportunities to help their high-net-worth clients by providing bad advice, bad products, or both.
Chaos Theory: analyzing alabama’s playoff odds
Why are sportsbooks so afraid to take bets on Alabama winning the national championship? We lay out what it would take for Alabama to make the CFP.
How to buy a car in 2022
Conventional wisdom has always been that you should avoid buying a new car because of the “D” word. Why the pandemic may have changed things (for the time being), and some things you want to strongly consider when shopping for a car.
The Truth About Charitable organizations
Not everything is as it seems with charitable organizations. Here’s why nearly all of the wealthiest people in society have one.
In Defense of Alabama
ESPN’s FPI gives Alabama a 14.5% chance of making the College Football Playoff. Let’s consider what it would take to create the biggest uproar in College Football history.