The Lone Star Perspective by Matt Magee at mForce Capital The Van-Dweller’s Edge Amity Warme is one of the most accomplished big-wall climbers in the world. She lives in a van. Tacked to the wall of that van is a scrap of paper with five words that carry more weight than any financial plan: “Do my choices support my goals?” It’s a deceptively simple question. It’s also the one most people, myself included, fail to answer honestly every single day. In the world of finance, we love to bury the...
14 days ago • 2 min read
The Lone Star Perspective by Matt Magee at mForce Capital Starting the year with a positive story. If you are anything like me, you see business headlines all day, and they never strike a chord. Similar to OpenAI raising another mega round from investors, or Vista Bank being sold for around $370 million. It's often like Wow, those numbers are huge and life-changing for a few people. But the story of Fibrebond provides a different blueprint. The founder shared 17% of the sale proceeds with the...
28 days ago • 2 min read
The Lucid Investor Newsletter by Matt Magee at mForce Capital The AJ Brown Counterexample: Complete Financial Control Recently, we analyzed the financial trajectory of Odell Beckham Jr. and the challenges that often accompany high-profile wealth. This week, we look at the other side of the coin: AJ Brown. Despite securing a contract valued at over $100 million, the star wide receiver operates with a level of fiscal restraint rarely seen in professional sports. He famously lives well below his...
about 1 month ago • 2 min read
The Lucid Investor Newsletter by Matt Magee at mForce Capital You might have seen this, but posts like this always catch my attention. Odell Beckham, the football player, is struggling with his finances even after making $100 million. The breakdown below is great. That $56 million is $11.2 million annually over 5 years. That is $933,333 monthly, after taxes. There is not a single person on this email or reading online who cannot make that work. Athletes and Assets does make a great...
about 2 months ago • 2 min read
The Lucid Investor Newsletter by Matt Magee at mForce Capital For those paying attention this morning, yes, I did change the name. Let me know if you love it or hate it. As I near the 20th one of these emails, I feel like I am finding my stride. I enjoy providing clarity around markets, the psychology of money, financial mistakes, life, and health. My goal here is to help provide clarity and simplicity in our lives through better decisions (usually financially but not always). If you know...
2 months ago • 1 min read
Paper Gains Newsletter by Matt Magee at mForce Capital For those of you who have not seen this. Kyle Busch, the NASCAR driver, got scammed through an expensive Indexed Universal Life policy. As financial advisors, we see these fairly often, depending on who you work with. While they can be highly effective tools for estate planning and retirement planning, they can be very costly if used incorrectly. I once saw a client buy into one of these policies that had no clear reason to have it. The...
3 months ago • 1 min read
Paper Gains Newsletter by Matt Magee at mForce Capital The above Tweet made me laugh. The topic I want to explore this week is rental properties. This is a question we get asked about probably monthly. It usually starts like this. I am a high-income earner or business owner. I am thinking about putting money into a rental property to reduce my taxes and diversify. The above Tweet is an entertaining example of what could go wrong. The more likely scenario here in Texas. Between property taxes,...
3 months ago • 2 min read
Paper Gains Newsletter by Matt Magee at mForce Capital Charlie Munger offered timeless wisdom about money and life. One quote stands out to me because it reflects what I help clients achieve. Financial success takes many forms. For some, it means staying with a company for years. The goal is to use money as a tool for freedom to build the life you want. MJ’s tweet captures this same idea through a simple image of her on a mountain. Freedom begins when you can spend your weekends there. The...
4 months ago • 2 min read
Paper Gains Newsletter by Matt Magee at mForce Capital Don't let the large numbers fool you. What Larry Ellison is doing, borrowing against the value of his public securities, can be done by anyone with a taxable account. Say you have a $2 million taxable brokerage account and want to build a new house. You can borrow against the value of your account and pay yourself back over time. Allowing you to stay put in your current home until the new house is complete. This does come with risk and...
4 months ago • 1 min read