TX_Tiger23

An S-Corp flows to the owners. Meaning she can take a reduced salary but any profits are still passed down to the owners whether they want them or not. If her salary is $80k but the company makes $2 million that is passed down to the owners and they’re taxed on it.

Think about this…the memory companies trading at 8x earnings (PE) actually are not cheap. Think Micron, trading at a low PE. But that’s because the market knows they’re at peak earnings. You buy the memory companies when they’re at high PE’s not low. Those memory companies along with many others will have major pullbacks of 30-50%+. Look at their recent gains, it will happen. The S&P is up over 10% since early April.

Again, this doesn’t many bearish or oh my gosh run for cash and gold…it just means we’re overbought and will definitely have a large correction. However, we could rally another 20%+ before that happens.

So as others have said, figure out YOUR allocation and what works for you and stick with it.

Use cream cheese for something different. I actually like it better. And add ground beef and breakfast sausage.

You’re not missing a lot and both are extremely safe. However, they shouldn’t be compared for rate purposes. Savings accounts are guaranteed not to lose value with their FDIC insurance. Money markets are an investment product and have no guarantee. Take a look at the phrase “breaking the buck.” While it’s rare and money market funds are safe they still are not equivalent to savings accounts.

I’d say he hasn’t proven his talent is better but I would suspect it’s even and his measurables are better. But his decision making obviously sucks. So I’d still stick with Rattler.

Because his “advisor” sells him insurance.

“Trip on their junk” just like Northwestern Mutual.

Self “insurance” is not real. You can’t self insure. You can self pay which is fine if that works best for you. However, self insuring can’t happen. You don’t get the leverage that happens with insurance.

Where do you live that there’s a run on sardines. Yeah, it’s become somewhat trendy because of the health advantages but I can still walk into any grocery store and find them.

First, what is a “whole term” life insurance policy? Second, he won’t have any estate tax issues unless the government suddenly changes the law from $15 million+ per individual to something much lower.