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Smart Money Insights for Wealth, Health, and Life
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...
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...
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...