Paper Gains Newsletter by Matt Magee at mForce Capital It's football season, so expect a lot of sports-related content in the next few months. As a financial planner, seeing posts like this screams poor financial management. If you are a high earner and don't feel like you're getting ahead, don't hesitate to reach out. It's likely time to take a closer look at what is going on. Also, don't feel bad for Cam. He just signed a new deal with ESPN recently. Paper Gains Show If you have between $1...
15 days ago • 1 min read
Paper Gains Newsletter by Matt Magee at mForce Capital This Tweet went viral recently and does such a great job explaining markets and investing. Not many people have it in them to ride that rollercoaster. Of all the changes, going from $170k to $110 million would have been the most life-changing (in my humble opinion). Except, they did NOTHING. I could talk about this for hours, but a few things jump out to me. The size of a position matters a lot, especially in volatile markets. Having...
29 days ago • 2 min read
Paper Gains Newsletter by Matt Magee at mForce Capital Is College Worth It? But we're asking the wrong question entirely about college. Instead of 'Is college worth it?' we should be asking 'Which parts of college are working, and what does that tell us about the future?' The math is brutal for most graduates. Boomers could trade 4 years of college for 40 years of middle-class security (more or less). Today's 25-year-old faces a negative net-present-value on that same deal. When the...
about 1 month ago • 2 min read
Paper Gains Newsletter by Matt Magee at mForce Capital Qualified Small Business Stock: Changes from One Big Beautiful Bill Faster Wins: Now, you don’t even need to wait five years for partial benefits. * Hold stock for 3 years, and exclude 50% of your gains. * Hold for 4 years, exclude 75%. * Hold for 5+ years, keep 100% of your gains. It’s like frequent flyer status, but for escaping taxes. Bigger Tax-Free Exits: The lifetime exclusion cap jumped from $10 million to $15 million. That’s an...
about 2 months ago • 2 min read
Paper Gains Newsletter by Matt Magee at mForce Capital Quick Hits While I'm not much of a baseball fan, I'm always fascinated by stories where money intersects with sports. One of my favorites is the famous Bobby Bonilla contract with the New York Mets. Back in 2000, the Mets owed Bonilla $5.9 million. Instead of paying him immediately, they chose to defer the payment until 2011, agreeing to an 8% annual interest rate. Now, every July 1st from 2011 through 2035, Bonilla receives nearly $1.2...
2 months ago • 1 min read
Paper Gains Newsletter by Matt Magee at mForce Capital Quick Hits 🏝️ Parrothead Probate Drama: Jimmy Buffett's $275 million estate has sparked a legal showdown because nothing says “Margaritaville” like lawsuits and trust disputes! 💼 Family & Fortune Collide: Buffett’s widow Jane, three children, and his longtime business manager are at the heart of the legal tangle, each staking claims to parts of the music icon’s legacy. 📑 Trust Troubles: The estate is mostly held in a trust, but control...
3 months ago • 1 min read
Paper Gains Newsletter by Matt Magee at mForce Capital Quick Hits In a world of AI-driven content, my hope is to give you the exact opposite. While we will talk about topics that you can throw into ChatGPT and get technically correct answers, my goal is to give you my perspective. Financial Planning is Full of Grey Areas that can be debated in many different directions. Rent vs. Buy and Term vs. Whole Life Insurance come to mind. I think it all depends on your specific financial situation and...
3 months ago • 2 min read
Paper Gains Newsletter by Matt Magee at mForce Capital Quick Hits Meeting with a variety of clients at different stages and wealth levels, I've noticed some universal truths worth remembering: Safety First: Build a solid financial safety net; it empowers you to confidently take calculated risks. Cash Flow is King: Pay close attention to the money coming in and going out. It makes everything easier. Know Your Risk Tolerance: Everyone’s different; understanding your comfort zone is key. Pause...
4 months ago • 1 min read
