August 29, 2015

Marco Rubio and Mike Lee’s Tax Plan

Marco Rubio and Mike Lee's Tax Plan

Rubio and Lee do make definite improvements but sadly, this good is largely undone by a well-meaning but naive tilt of the playing field towards parents.

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Steps for Getting Out of Debt

Oasis in the Desert

I have outlined some steps to help you figure out how to pay down your debt and get back on track.

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Our 10 Most Popular Posts So Far

Monopoly House on Coin

We have 1,292 posts on Marotta on Money, but here are the 10 most visited posts on our blog.

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Lessons From The Lottery

Lessons From The Lottery

For those of us who don’t like playing the lottery, does the lottery have anything to offer us?

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Mailbag: What Happened To The Markets In 2008?

Mailbag: What Happened To The Markets In 2008?

You shouldn’t invest in what you don’t understand.

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Do The Opposite of Wall Street Consensus?

Do The Opposite of Wall Street Consensus?

Contrarian indicators have paid off historically.

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How to Save for Large Fast-Approaching Expenses

How to Save for Large Fast-Approaching Expenses

The average married couple has dreams of multiple children, annual vacations, and homeownership, but planning for these expenses can be challenging.

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How to Take Advantage of Student Loan Forgiveness

How to Take Advantage of Student Loan Forgiveness

You might think that you can’t qualify, but many well-paid families are eligible.

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How to Get Out of Debt: Summary

Oasis in the Desert

This is a visual summary of the process of getting out of debt.

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How Quickly Should I Pay My Student Loans?

How Quickly Should I Pay My Student Loans?

For those who do not want to be investors, a fast-track repayment may be best. But for those willing to save and invest, there is a better option.

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How to Get Out of Debt: Rebuild

Bright Desert Mountains

You have laid a good foundation: you are out of debt (or out of bad debt) and you’re ready for a clean start. Commit to keeping your financial life that way.

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How to Get Out of Debt: Monitor and Adjust

Driftwood on the Beach

Real life rarely goes according to plan. Set aside time periodically to assess your progress.

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How to Get Out of Debt: Implement Your Plan

Group Trekking Through Sand

Now that you know where you are headed and the steps you want to take to get out of debt, it is time to take action!

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Defining Your Sectors

Defining Your Sectors

The process of defining your sectors is an attempt to identify the quintessential features of your strategy and formalize your selection criteria.

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How to Get Out of Debt: Make a Plan

Chairs in the Desert

To get out of debt, you need an emergency cushion, a budget, and a plan of attack.

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How to Get Out of Debt: Assess Your Situation

Desert Stormclouds

Make a list of all your debt and figure out where your money is going every month.

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The Asset Allocation Within Your Asset Allocation

The Asset Allocation Within Your Asset Allocation

It is good to take the two categories which are most similar and use them as underlying sector divisions within the same larger asset class.

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How to Get Out of Debt: Recognize the Problem

Sun Blasts Dunes

Most people are comfortable with having some debt (like a mortgage, for example). But how much is too much?

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The A’s of Government (2012 Budget)

The A's of Government (2012 Budget)

This is a complete list of the budgets and purposes of the federal agencies that begin with the letter A.

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First Quarter 2015 Returns: Our 6 Asset Classes

Q1 2015 6 Asset Class Returns

Each quarter brings a different set of returns for each asset class and subcategory.

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Best Credit Card for 2015

Best Credit Card for 2015

We are not normally fans of credit card offerings, but this one might be worth using as your primary card.

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How to Be a Good Executor

boxwood hedge maze

You’ve been named the executor of a relative’s will – now what?

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How Much Does the Government Cost?

How Much Does the Government Cost?

Is it fair for the government to confiscate a full quarter of the average person’s earnings every year? Where does it all go?

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Get Your Estate in Order, Pt. 3: Choose an Executor

Abandoned Plane

Who do I choose to be the executor of my estate? What will their basic duties be?

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What Happened To The Australian Dollar?

What Happened To The Australian Dollar?

At first glance, AUNZ did not have great returns in 2014. But is that the whole story?

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Wealth Redistribution and the Most Social President

The Most Social President

The loudest tend to drown out competitors regardless of whose reasoning is better.

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How Much Should I Have Saved Toward College in 2015?

How Much Should I Have Saved Toward College in 2015?

With three young energetic boys, the growing costs of college education weigh heavily on my mind. Here are the age-based benchmarks we use to ensure that our 529 college savings is on track to meet our goals.

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Understanding Cash Flow Is Critical

Understanding Cash Flow Is Critical

Regardless of income level, overspending causes poverty.

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Jorge Posada And Jose Contreras Failed To Safeguard Their Finances

Jorge Posada And Jose Contreras Failed To Safeguard Their Finances

Their attorney, New York-based Barry Lax, says the two ballplayers are the latest professional athletes abused by predatory financial advisors.

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Radio: The Rising Debt of College Education

Grad in Green

David John Marotta and Rob Schilling discussed the ways current policy makes college more unaffordable, and what students and parents can do about it.

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How Not to Promote College Innovation

How Not To Promote College Innovation

These noble-sounding goals intuitively appear useful, but the federal government has only two ways to encourage change and neither of them helps in this case.

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Stop Borrowing From Yourself

Stop Borrowing From Yourself

Stop borrowing from your future self. Each day you fail to save is another day where you tighten the ball and chain around your ankle. You deserve better than that.

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We Need a Partial Shutdown of Government

Partial Shutdown Needed

Unless McConnell is willing to risk a government shutdown, he will ultimately have to acquiesce to Obama’s wishes.

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Planning Clients Often Don’t Get What They Pay For

Sad Stop

While I agree with the study, I don’t know that I agree with the prescribed solutions suggested.

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Five Lessons from the Whiskey Rebellion

Protest

The Whiskey Rebellion established the sovereignty of “we the people” to tax and oppress any selected group.

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What is a 1031 Real Estate Exchange?

What is a 1031 Real Estate Exchange?

In our article “Fourteen Ways to Avoid Paying Capital Gains Tax”, we wrote about 1031 like-kind exchanges as a powerful tax-minimization tool for investors and business owners. Despite their complexity, these exchanges have the potential to save vast amounts of money.

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Some College Degrees Not Worth the Investment

college guy playing guitar

A typical college degree is worth up to a million bucks over a career, but that’s not true for every degree.

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The Purpose Of The Federal Reserve

Red pawn

Unlike the markets, members of the Fed are able to make decisions that are in exactly the wrong direction if they don’t limit themselves with a rules-based system.

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David Marotta Quoted on Yahoo Finance Story About Gen Y Savings

College Student in Hammock

Because of inflation, today’s 20-year-olds will need over $7 million to have the same lifestyle when they retire.

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What Happened to the Gold Standard?

Biting Money

The U.S. dollar was first regulated by the Coinage Act of 1792 and prescribed as 371.25 grains of pure silver. The eagle, worth $10, was 247.5 grains of gold. One cent, worth a hundredth of a dollar, was 24 grains of copper. The value of the metal contained in the currency kept prices relatively constant [...]

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What Exactly Is Quantitative Easing?

Piggy Bank

Quantitative easing is a sneaky way to make everyone dealing in U.S. dollars pay off the U.S. debt.

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The Government Effectively Pardoned 77.3% Of The 2013 Debt Increase

Crumpled Dollar

Paid for by using your former purchasing power.

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Quantitative Easing And The Federal Reserve’s Balance Sheet

Inflation

Government officials argue that consistent deficits are good for the economy, if we were only willing to go high enough.

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Should a Business Buy Its Own Building?

New Office

We finally found a great building and decided to purchase it!

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Advisors Must Stop Client Self-Destruction

Koala Bear

Sometimes the best advice is when a competent advisor tells you that you are wrong.

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Obama’s myRA Plan Violates Multiple ERISA Laws

Go to jail

Willful violations of ERISA legislation carry criminal penalties of up to a year in prison for the plan sponsor and a fine of up to $100,000 for the corporation.

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End-Of-The-World Money Moves

End of the World

How do you prepare for the end of the world?

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David John Marotta Mentioned on Sean Hannity’s Show

Sean Hannity 2014-01-22

Sean Hannity’s radio show covered Marotta and Russell’s “Should We Wallow in the Rising Stock Market?” Thanks to sensational headlines and selected quotes, the message of the article is changed with each re-telling.

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Sensational Headlines Capture Nation’s Attention

Fox News 2013-12-26

In addition to learning how a viral story can get many of the facts wrong, another more important lesson can be learned from this experience.

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Media Storm Surrounding Marotta Advice

RUN FOR THE HILLS! Top financial adviser sees imminent collapse of U.S. civilization

Recently we had one of our blogs posts go viral and capture the attention of the national news.

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