Taxing the rich — a good idea? — Being Rich — The IRS vs the people At the time of writing, being rich as defined by the U.S. government is anyone making enough to pay a 37% marginal income tax rate, taxpayers with taxable income above $539,900 for single filers and above $647,850 for married couples filing jointly. However, as average Americans, when we think about…

Learning to invest like the 1% — You might have heard of the saying wealth is control by the hands of a few. In this post, I will present to you the way the rich remains rich and how we can apply the same principle to increase our net worth. Morgan…

Keep calm thee for thy money is abundant, just worth 8% less than it was a year ago. — How did we get here? At the start of the pandemic in March 2020, we saw a rush of economic stimulus facilitated by the US government. These actions prevented the economy to collapse domestically and globally. However, they also resulted in three main consequences that ultimately netted in 7.9% inflation — the highest record in…

Reflection on my two weeks of watching YouTubers on productivity, creativity, writing and putting yourself out there. — At 7:18 pm on June 5th 2021, I had an aha moment, except it’s not in the shower, where they usually happen and are instantly forgotten. I just finished my long team homework meeting for my iMBA program, but cannot stop thinking about the video I watched just prior to…

Examine the physical and mental cost of Renting vs. Buying — Perhaps it’s no strange advice to you that “Renting is money down the drain.” You have been told your whole life that you need to get on the property ladder and buy a home. You’re saving money because it’s an investment, and at least you’re not renting anymore and setting…

I documented what I learned about how this stable sector drives the U.S. economy — The economy is made up of 11 sectors. These sectors are broad classifications of business activity that can include multiple industries. Each sector of the economy has its function. Regardless of the market conditions, the utilities sector is composed of companies that provide services we use and need every day. Therefore their stocks can deliver high dividends and…

Hijacking your attention has always been the true magic of advertising — As you read this blog post, you’re probably surrounded by stuff — Dr. Dre’s noise-canceling headphones, your favorite mug filled with fresh coffee, a bike mounted on your studio wall, a plate of half-finished avocado toasts. Now, do you remember what made you buy all these things? Perhaps through Instagram…

Understanding market cycles and your emotions will help you be a better investor. — Why it’s important to understand market cycles? Meet Vic. They have been investing in the stock markets for a few years now and would like to live solely on their investment income so that they can spend more time with families and friends.

Understanding how the materials sector provides the raw goods for other industries — The economy is made up of 11 sectors. These sectors are broad classifications of business activity that can include multiple industries. Each sector of the economy has its function. Materials sector, for example, is crucial for all other sectors of the economy, to provide raw materials for manufacturing, construction, and transportation. Without the logging, mining, chemical manufacturing and…