Really Simple Investing

By Floyd Saunders, Founder of Really Simple Investing In May of 2006, at the Berkshire Hathaway annual meeting, CEO and investor Warren Buffett spoke about the excessive fees charged by hedge fund managers for their claimed expertise in beating the market. In that annual meeting Buffett laid out a bet that the S&P 500 index fund would outperform professional managed hedge funds. The bet was this: Over a 10-year period commencing January 1, 2008, and ending December 31, 2017,

By Floyd Saunders, Founder of Really Simple Investing You might not become a millionaire in your lifetime. But you can work to improve your financial status by doing four basic really simple things. Key Takeaways Four things millionaires do that you can do: Set clearly defined goals Live below your means. Pay yourself first Invest in a diversified portfolio We can all learn a few things from millionaires if we want to increase our wealth. These four basic things are steps tha

What Every Investor Needs to Know About Taxes Key Takeaways 1. Your 2022 tax refund is likely to be smaller than in 2022 2. Tax advantage of every tax credit you can 3. Do Some year-ed tax planning 4. Passive income often has tax advantages 5. Tax deductions from rental property 6. Taxes on investments Your 2021 Taxes Your tax refund for 2022 is likely to be smaller Various tax relief measures were put into place in the last year of the Trump administration,