The Fed raised rates again. What does this mean for your money?

Last week the Federal Reserve raised interest rates another 75 basis points in its quest to combat inflation. As of this writing, inflation is hovering at 9.1 percent.   Chairman Jerome Powell indicated that the Fed is committed to its target inflation of 2 percent.   That’s admirable, especially considering that since 1875, there have …

The Fed raised rates again. What does this mean for your money? Read More »

Do you know the difference between a marginal tax rate and effective tax rate?

Years ago I was working at a startup with young people and the subject of taxes came up. Specifically, why taxes mattered and certain things everyone should know.   One of the things I highlighted was the difference between your marginal tax rate and the effective tax rate.   A marginal tax rate analysis involves …

Do you know the difference between a marginal tax rate and effective tax rate? Read More »

Take your emotions out of it. Be honest with yourself.

Last week, I had the pleasure of being on a panel for Suites Capital about dispelling myths about angel investing. The other panelist and I shared common myths about angel investing and angel investors. Some of these myths include the following:   -It’s only for the super-wealthy -It’s not a good investment -There’s too much …

Take your emotions out of it. Be honest with yourself. Read More »