Our Approach to Retirement
There are countless articles on retirement planning that focus on how much you need to save, how much income you’ll require, and how to make your money la...
Author: jeffbellamy
S&P 500 Heat Map
FinViz offers a number of tools to help you watch the Stock Market. I use their S&P500 Heat Map everyday. https://finviz.com/?a=585842913 All the people who...
Fighting Past Wars
Well into my adult life I continued to have dreams that I was in High School. When I would get in trouble I would say “I don’t care I’m 56R...
Another way to look at it.
For me, determining where people were on the political scale was a matter of how they felt about the poor. At one end we had “people are poor because they...
A line on a piece of paper
Imagine drawing a horizontal line across the middle of a sheet of paper. This line represents your financial success calculator. If your income allows you to co...
The Monty Hall Problem
This is a probability problem which most people get wrong. Monty presents three doors. Behind two doors there are Goats. Behind the other there is a New Car. Yo...
Why do people owe the IRS? Identity Theft.
Identity Theft is a Big Deal with Billions of dollars per year being paid out in fraudulent refunds. So you file your tax return and everything seems fine. What...
Why do people owe the IRS? Failure to file
What happens when you fail to file your tax returns? Every year the IRS receives W-2s and 1099s representing wages and other incomes which you have received. Th...
Why do people owe the IRS? Under Withholding & Retirement Accounts
If your employer is withholding money for income taxes from your check how do you end up owing the IRS. Your employer withholds based on the information you pro...
Why do people owe the IRS? Self Employed part 2
So the Self Employed can owe the IRS because they didn’t make sufficient Estimated Tax payments. The Self Employed use a Schedule C to declare their incom...