@IHateSoccerPod@jprosopio1980@kbaxter11@MLS We are 2 weeks after the WC Final now, most of america could care less about soccer now, if the world cup was played any time between sept and january no one in the US would care....it will be that way for 4 more years...
FIFA’s “hydration breaks” at the World Cup aren’t about player welfare, they’re about cash.
Two mandatory 3-minute pauses every match (22’ & 67’), perfect for loading up commercials. Fox alone is on track to make ~$250 million+ from the extra ad inventory across 104 games.
That’s not player care.
That’s turning the beautiful game into another commercial break.
Player flow disrupted, fans annoyed, wallets filled
Call it what it is💰⚽
#FIFAWorldCup
@IHateSoccerPod Better yet, start disclosing how much club directors make annually. No way the head of a club should be making over $250k...
This is just a more modern ponzi scheme
I just told my 20-year-old daughter she's going to be a millionaire.
She laughed and went back to studying for her economics exam.
She has no idea I'm serious.
My daughter plays college volleyball. Between practices and games, she works for me, substitute teaches on breaks, and picks up college jobs.
Last year she made enough to max out her Roth IRA — $7,000.
After her standard deduction, she paid almost nothing in federal taxes total.
Most 20-year-olds would spend that money and never think twice.
I maxed out her Roth IRA instead.
Here's the math I'm teaching her:
$7,000 at 8% annual returns for 40 years becomes $152,000. Tax-free.
Do that for just 10 years and she's sitting on over $1.1 million at 60.
Zero taxes. Ever.
Now here's what I see too often in my office:
Couples who got bad advice — or no advice at all — sitting on $3 million in traditional 401(k)s.
Most financial advisors won't touch tax planning. Period. They're trained to accumulate assets, not protect them from the IRS. Tax strategy is where most retirement plans completely fall apart, and it's the one area most advisors refuse to address.
Then RMDs hit at 73.
The IRS forces them to withdraw $110,000+ whether they need it or not. Stacks on top of their $45,000 in taxable Social Security. Now they're at $155,000 in taxable income.
But here's what nobody tells you — it gets worse every single year.
By 80, that same couple is being forced to withdraw $160,000+. Add Social Security and they're at $205,000 in taxable income.
Higher tax brackets. Bigger Medicare surcharges. And the account keeps growing faster than they can spend it, which means even bigger forced withdrawals ahead.
The tax bill at 80 is double what it was at 73.
And there's nothing they can do about it now.
The opportunity was 40 years ago when they were my daughter's age or even when they retired at 60 with strategic Roth conversions.
My daughter is paying an effective tax rate of maybe 1- 2% right now.
Many of her friends who land corporate jobs next year will immediately start maxing traditional 401(k)s because "that's what you're supposed to do."
Nobody will tell them about Roth. Nobody will show them the math.
Because most advisors don't get paid to give that advice.
But in 2065, those friends will be paying 32-37% to access their money.
My daughter will pay zero.
That's a 35% permanent tax discount.
Right now, she doesn't care. She's worried about volleyball and keeping As.
She thinks her paychecks from working for me are just spending money.
But in 40 years, when her many of her friends are doing tax gymnastics trying to manage brutal RMDs...
She'll have complete freedom.
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So I went to Costco without a membership, I snuck around the card readers, I didn’t want to wait in line to get an actual membership or one day pass. They caught me in the store and asked me to leave or go to the service desk and get a membership. Instead of leaving I demanded free products and food and waved a Sam’s club flag in the middle of their store to show them just how much I love Costco and want to stay. When they still asked me to leave I began stealing whatever I could and threw frozen hamburger patties at security. They should have just let me shop there without a membership, I’m special!
The top 10% of earners in the U.S. pay almost 80% of the total of federal income tax. The lowest 50% of earners paid 3%. Saying “they don’t pay their fair share” is asinine…also, suggesting that the federal government doesn’t get enough already is more asinine…
I know we want to celebrate the kids an all, but I’m really sick of club announcements of their players committing to play in college.
Then, when they go in the portal, crickets.
A nation in which one administration can allow millions of unvetted illegal migrants into the country, but requires that a court vet each deportation decision in an individually adjudicated case will soon lose the values our democratic system was intended to preserve.
Do you really think the market should only go up? Why is everyone freaking out? The Nasdaq went up 43.4% in 2023 and 28.6% in 2024…total of 84.5% in two years (without dividends). It’s down just 13.7% this year-to-date. And everyone is totally freaking out. C’mon man!