What is an Index fund? How does it work? What are all its advantages? All explained in detail.
Index Fund explained in detail.
November 16, 2023
What is an Index fund?
16November
August 6, 2023
“Explain Stock market like I am 12”
06August
Stock market explained – if you have no idea about how stock market works, this episode is for you. This will help you to understand the basics of a stock market.
August 6, 2023
How to compare health insurance plans?
When choosing a health insurance plan for your family, did you run into fancy terms, that did not actually make any sense to you? You have come to the right place. This episode will help you, to understand those terms better. We will also take a closer look at, how we can compare, the cost of different health insurance plans in this episode. Premium Let’s start with Premium. How much money...
August 6, 2023
SECURE 2.0 (Changes to 401K, IRA and 529)
Secure Act 2.0 was signed by President Biden this year. It comes with a lot of changes. Most of them are trivial, that should not affect our tax or retirement planning. But, some of them are, important enough, that we should be aware of them. We will cover them in this episode.
SECURE 2.0 / Changes to 401K, IRA and 529 are explained in detail.
January 24, 2023
Marginal Tax Vs Effective Tax Rate
24January
Do you know the difference between, a marginal tax rate, and an effective tax rate. It is very important, that we understand the difference. It will be of huge help, with our tax planning. Marginal Tax Vs Effective Tax Rate What is Marginal Tax rate? To understand that, we should know, how our income is taxed. What we are seeing here is, US tax brackets for 2023. Though I am showing US example...
December 19, 2022
Why HSA is Better than 401K?
19December
HSA is a health savings account. Don’t get fooled by the name. It can go, beyond health savings. Not many know, that HSA is the best tax-advantaged account in the USA. Even better than a 401K. How is it better? We will take a closer look at it in this episode. HSA Contribution You can contribute to HSA, only if you meet two conditions. The first condition is, just like a 401K, HSA has to be...
December 19, 2022
Tax Loss Harvesting
Now that we are approaching the end of the year 2022, you might be wondering, if there is anything that we can do in our portfolio, to save on our taxes. Especially, when S&P 500 has gone down by 17% and Nasdaq 100 by 30%. Yes, there are ways. It is called, Tax Loss Harvesting. But not everyone can take benefit from it. Why? We will take a closer look at it in this episode. Use this episode...
November 28, 2022
Buying a Home? 7 mistakes to avoid
28November
Buying a home is not an easy decision. It just involves too many factors to consider. But, there are a few “don’ts”, that you need to be aware of, before buying a home. Those can help you in making an informed decision. We are going to take a closer look at them in this episode. Rent Savings Don’t buy a home, thinking that you can save on your rent. This might come out as...
November 14, 2022
How to buy life insurance?
14November
Today we are going to cover an important topic. Life Insurance. Many don’t even have, any type of life insurance, not realizing the risk they are putting their family in. Among people who do have life insurance, some assume that the life insurance provided by their employer is good enough. But is it? Even people who realize the importance of good coverage, choose the wrong type of life...
November 3, 2022
How to increase income?
03November
Have you ever wondered, what are all the things that you could potentially do to increase your income? There are some easy wins. And then there are some difficult ones. Ask for A raise at work The easiest way to increase our income is to ask for a rise in our full-time job. Many don’t even realize that they are underpaid for their work. We should know our value in the market. If we do the...
