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