by Steven J Weil, PhD, EA, LCAM | Aug 20, 2024 | Wealth
Millennial! Another of those media driven buzzwords, used to label those between the ages of 18 and 34, while the term Gen Xers define those between 35 and 50 years of age. Boomers, the group to which I belong, are those 51 through 69. This post covers 8 key pieces of... by Steven J Weil, PhD, EA, LCAM | Aug 20, 2024 | Wealth
The short answer is YES; of course it takes money to make money. To make money in the stock market, you must have money to make the initial stock purchases. Starting a business requires money to buy inventory, marketing materials, office space and equipment. Even... by Steven J Weil, PhD, EA, LCAM | Nov 12, 2023 | Blog, Personal Tax, Wealth
Estate Planning Watch Out For the Cliff Watch out for the coming estate tax cliff. The Tax Cuts and Jobs Act increased the estate tax exemption amount through 2025. After 2025 the unified credit drops from $12.92 million per individual for 2023 to a figure around $7... by Steven J Weil, PhD, EA, LCAM | Dec 23, 2022 | Blog, Wealth
If you bought a home for $300,000 in the last year with a 30-year mortgage at a rate of 3.25% your monthly payment (before taxes and insurance) would have been $1,305.62. That same house today at a mortgage rate of 6.39% would cost you $1,874.55 per month. This is an... by Steven J Weil, PhD, EA, LCAM | Sep 20, 2021 | Blog, Investments, Personal Tax, Wealth
A whole new world has opened to me and I don’t like it one bit. As I recently turned 65, the nature of my mail, Facebook feed and email have changed. I have suddenly become the target of every financial planner, investment product, tax savings event, webinar and free... by Steven J Weil, PhD, EA, LCAM | Apr 30, 2020 | Blog, Wealth
TooJay’s Deli Files for Bankruptcy South Florida-based TooJay’s deli files for Chapter 11 bankruptcy; is this just the first of what is going to be a tsunami of bankruptcy filings to come? Will your company or employer be added to the list? No one ever wants to... 