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...
26 days 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...
about 1 month ago • 1 min read
Paper Gains Newsletter by Matt Magee at mForce Capital I need to meet Kevin one day. I utilize his material often and agree with his philosophy of life. Great reminders for us all, especially those on the climb. This WSJ headline caught my attention. The whole rent vs buy argument gets a lot of headlines. FOMO buying your most expensive asset is usually never a good idea. The article outlines many of the reasons renting is so appealing to so many. I have even started to see more 50+ empty...
about 2 months ago • 1 min read
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...
2 months 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...
3 months 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...
3 months 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...
4 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...
4 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...
5 months ago • 1 min read
