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If you pay for daycare and aren't using this account, you're probably leaving hundreds of dollars on the table every year.
Here's the cheat code: run the free IRS Tax Withholding Estimator once a year and after any life change (new kid, new job, a...
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🎟 The Lottery Ticket Portfolio
These are stocks that have been screened and picked to be potential 100 baggers. Its a tall task to find the next $NVDA or $TSLA, but youll never hit if you never try. Join my newsletter to follow this portfolio. Not advice.
Holdings:
$SYM
$CRDO
$ALAB
$axon
$app
$podd
$nu
$pltr
$tmdx
$VRT
$Celh
$NVDA is trading near its cheapest valuation in a decade.
You're paying less than a market multiple for a company guiding to ~70% growth next year with Vera Rubin expected to be its fastest product ramp ever.
And that growth is increasingly coming from beyond hyperscalers with ACIE customers growing 25% sequentially versus 13% for hyperscalers giving Nvidia another major source of demand.
Everybody says to own assets and get rich.
But no one says what is an asset.
Assets are things that you own that people want to use and are willing to pay for it.
You still own the asset after they have used it.
This is different than labor which is trading your time for money and you don't get your time back.
Two workplace accounts most people ignore: one can push tens of thousands more into a Roth each year. The other saves you real money on medical bills you already know are coming.
You need both features in your plan.
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An HSA is the only account with a triple tax break: pre-tax in, tax-free growth, tax-free out for medical costs. Save your receipts. You can reimburse yourself years later.
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Earn too much to contribute to a Roth IRA? You can probably still get money into one. It's called the Backdoor Roth, and it's completely legal.
Step 1: contribute to a traditional IRA with after-tax money (no deduction). Step 2: convert it to a Roth IRA.
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The 401(k) match is the only investment that pays you a 50% to 100% return the day you contribute. If you're not capturing the full match, start there before anything else.
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