Olivia
Online
Daniel Cobb Jr.
@DCC0761
Naples, FL
Joined March 2019
13 Following
12 Followers
3.6K Posts
SPCX Google has agreed to pay SpaceX $920M a month for computing power; deal runs through mid-2029
- Bloomberg
Between Anthropic and Google thats $2.15B / mo --> $25.8B/yr
Just those deals alone give $SPCX 40% YoY revenue growth from 2025.
Frank, 66, did everything "right." 3 articles. 1 YouTube video.
A $400K Roth conversion. He calculated a $128K tax bill and paid it straight from the IRA.
What Frank didn’t realize is that the tax payment was itself a taxable distribution.
To cover the bill, he had to pull out even more, creating a compounding tax spiral that chased him across three brackets in one afternoon.
Two years later, the secondary blast hit:
IRMAA. Because his "on-paper" income spiked, Frank was locked into Medicare’s second-highest premium tier.
The dominoes kept falling 85% of his Social Security became taxable, his state taxes climbed, and his long-held 0% capital gains rate vanished.
He saved taxes in the future, but he decimated his "now."
The lesson: Discount brokerages and robo-advisors will execute a conversion in 30 seconds without accounting for the collateral damage.
A Roth conversion is a powerful tool, but without a multi-year projection, it’s a weapon used against yourself.
Most retirement mistakes don’t look like mistakes when you make them. They. look like progress
5/ It's important to keep track of your conversions.
Record the year, amount, and date.
This could save you lots of time and potentially prevent penalties.
Elon Musk just posted the dumbest, most ignorant, and dishonest take in the history of social media.
Calling Hitler a 'leftist hardcore socialist' is brain-dead historical malpractice.
Hitler hated actual socialism. He called Marxism a Jewish conspiracy and said: 'Marxism is not Socialism.' He stole the word to scam workers.
Then he did this: banned socialist/communist parties, smashed unions, sent leftists to camps, and murdered the 'left-leaning' Nazis in the Night of the Long Knives. Economy? Kept private property and big business (Krupp, IG Farben) — just made them serve the Reich. Opposite of socialism.
'National Socialist' was marketing, you fucking clown. Historians call it far-right fascism for a reason: race, nation, hierarchy, anti-communism.
Elon Musk needs to stop embarrassing himself with TikTok history and read a fucking book.
8 out of 10 medical bills are wrong.
Hospitals, surgery centers, nursing homes, all of them. The whole system is betting the bill's too confusing for you to ever check it.
Here's how to use AI to catch every overcharge, free. Plus the one charge that's now illegal but still shows up.👇👇👇
What is happening here?
The US birthrate is now down -30% since pre-2008 levels while financial wealth is at record highs.
Why? Because only asset owners are able to afford this economy.
As shown in our below analysis, this crisis accelerated in both 2008 and 2020.
And, with every recession and every round of inflationary economic stimulus, the crisis simply accelerates even further.
Now, we are seeing the biggest divergence between the S&P 500 and the US birth rate in history.
The result? Tons of young Americans simply cannot afford to have kids in another sign of the "K-Shaped" economy.
The US is facing a massive demographic crisis.
Worth a read for all intending to invest in the SpaceX IPO.
Linda gave her son $400,000.
Three years later, half of it belonged to a woman she couldn't stand.
Linda was 71. Widowed. Forty years of saving. When her son and his new wife found the house, Linda wired $400,000 straight to the closing attorney.
The deed came back with two names on it. The lender wanted it that way.
Four years in, the wife filed for divorce.
The house was a marital asset. Every dollar of equity, split down the middle.
Linda's son walked out of that marriage $200,000 lighter.
Half of it walked away with a woman who'd stopped speaking to her two Christmases ago.
Here's what nobody tells parents.
The second your money touches a joint account or buys a jointly titled asset, it stops being your child's. It's marital property.
In a divorce, the court splits it. The judge doesn't care that you wrote Gift on the memo line. The judge doesn't care that it was your retirement.
There are three ways to give money to a married child and actually protect it.
A loan with a signed note and recorded interest. It's a debt, not a gift. Not divisible.
A trust. Your child benefits from it. They don't own it. A divorce can't touch it. Their creditors can't touch it. A future spouse can't redirect it.
The first two aren't bulletproof. A loan can get sloppy. A separate account can get commingled by accident. They're better than nothing. They're not airtight.
A trust is the strongest protection. It's also the hardest to use if your child needs the money to qualify for a mortgage.
Lenders want assets in your child's name, not locked inside a trust. There are workarounds. They take planning. They take time. They're not something you figure out the week before closing.
Which is why this conversation has to happen before the house, before the wedding, before the wire.
Love doesn't hold up in divorce court.
Documents do.
If you're about to help an adult child, talk to an estate attorney before the wire goes out. Not after the marriage falls apart.
The best gift you can give your child isn't the money.
It's the structure that keeps the money theirs.
Educational only, not legal or tax advice. Hypothetical example. Consult your own attorney and tax professional.
John retired with $ 3.8M.
He thought his taxes would finally go down.
He had done everything “right”:
• Maxed out his 401(k)
• Delayed Social Security
• Invested consistently for decades
• Avoided lifestyle inflation
But:
Roger died with $3.6M.
He had three adult kids. He loved them. He assumed they'd be taken care of.
9 years later, every dollar of his money went to a man they'd never met.
Here's how.
Roger was 68. His second wife, also 68, was the sole beneficiary on everything. $3.6M combined.
His three adult kids from the first marriage assumed they'd inherit eventually. Through her. Someday. That was the unspoken plan.
Then Roger died from a sudden illness. She inherited everything.
14 months later, she remarried.
Her new husband became her beneficiary.
She passed 9 years after Roger.
The $3.6M went entirely to her new husband.
The structure that prevents this is called a QTIP trust. Or a similar marital trust. The surviving spouse receives income from the trust during her lifetime.
The assets pass to the first spouse's children when she dies. She can't redirect the principal.
A few meetings with an estate attorney.
One warning. If you already have a QTIP drafted before 2020, don't assume it still works. The SECURE Act changed the rules for IRAs inside these trusts. Most old documents don't have the right language.
The protection from the new spouse still holds. The tax efficiency may be gone. Get it reviewed.
Blended families need structure.
Good intentions aren't structure.
Old structure isn't always current structure either.
Educational only, not legal or tax advice. Hypothetical example. Consult your own attorney and tax professional.
Roth vs Traditional is a math problem.
Same length of time. Same tax rate going in and coming out. Same rate of return. You end up with the exact same amount of money.
So the question was never which one is "better."
The question is: how do you balance the two to pay the lowest possible tax rate across your lifetime, and potentially your kids' inheritance?
Here's what most people miss.
The biggest variable in that equation isn't your investment return. It isn't your contribution rate. It isn't the market.
It's your future tax rate.
And one of the most underrated risks in retirement planning right now is the national debt.
The U.S. is over $36 trillion in debt. Interest alone now costs more than the defense budget.
There are only two real ways out: massive inflation, or significantly higher taxes.
Both are bad for retirees with pre-tax accounts.
If you have $2M sitting in a Traditional IRA, you don't actually have $2M. You have $2M minus whatever the federal government decides to charge you 10, 20, 30 years from now.
That's not a portfolio. That's a partnership with the IRS where they get to set the terms later.
I hope I'm wrong about higher taxes.
I'm planning like I'm not.
True
First year in the new house. 🤩
A couple, 67 and 65. Buy a place in Florida. Spend about 5 months a year there. Keep the home up north.
They tell everyone they're "basically Florida residents now."
3 years later, the audit letter arrives from their old state.
Cell phone records. Credit cards. Doctor visits. Utility bills.
The verdict: not Florida residents. Back taxes plus interest plus penalties.
This isn't hypothetical.
In October 2025, the New York Tax Appeals Tribunal ruled against John Hoff and Kathleen Ocorr-Hoff for tax years 2018 and 2019. About $60,000 in New York income taxes.
They had done everything the checklists tell you to do.
Florida driver's licenses.
Florida voter registration.
Declarations of domicile filed in Florida.
Vehicles registered in Florida.
Estate planning documents updated to Florida law.
The Tribunal still ruled against them.
Here's what actually beat them.
Cell phone records showed they spent more days in
New York than Florida both years. 186 days in NY in 2018. 164 in 2019.
He still owned and ran a New York business and drew a significant salary from it.
She still operated her own business out of Rochester, New York.
They kept country club memberships in both states.
The center of their actual life never left.
The 183-day rule is the starting gun, not the finish line.
You can be under 183 days in your old state and still lose if your business, your income, your doctors, and your daily life stayed behind.
States are aggressive about this. New York alone collected more than $3 billion through residency audits from 2022 to 2023.
A driver's license won't save you. Neither will a declaration of domicile.
The most corrupt Government in the 🇺🇸 US, likely even in the world, is Trumps Government.
The US democratic system is broken on all levels and checks and balances never worked.
It's incredible that you the people are not everyday on streets demonstrating until he is out of office.
What are the chances that $PEP (or even $MSTR / $KO) acquire $CELH?
Would be only be $12bn at a 50% premium ($45). Peanuts for either & would be strongly accretive for all.
Celsius has sold off significantly recently and multiples now looking reasonable. May need an activist?
Shame!
Piece by piece.
The video boards were tested for the very first time! 🤩
Charlie and Warren, still the best financial comedy couple ever. 😂
Really interesting question below about the future of Berkshire.
Over the weekend, Buffett spoke at the annual shareholder meeting and it was revealed that Berkshire is now sitting on around $400B of cash. Buffett noted that he'd much rather be patient vs. allocate any capital as he feels the market is a casino right now.
If the question is on where to put that cash to work, I think there is one broad big picture question that overhangs on Berkshire:
Berkshire needs their new $AAPL.
It's probably hard to find it given how much tech has run, but without Apple, Berkshire would have underperformed the S&P over the past 10 years. They took a $5B stake in Google last year, but that pales in comparison to the $35B they put into Apple 10 years ago.
Maybe the tech trade has run too hot and holding onto the cash makes sense before going heavy into another tech play like that again, BUT if tech continues on the bull run that it has been on for the past 5 years, Berkshire will not only be able to rely on Apple for the majority of performance. They will need a new winner.
Dare I say, I think that winner, even after the run, is $AMZN due to the diversity of it's model, operating margins on the path to 20%, the eventuality of it becoming the first $1T revenue run rate business, and robotics as the inflection for cost savings at scale which will return FCF back to shareholders. They haven't even bought a single share of stock back.
Berkshire bought Apple mainly on the logic that it is a consumer play on hardware, not a tech company. Obviously, many tech investors would disagree, but you could basically apply that logic to Amazon. They are a verb at this point, a consumer play on buying things that everyone on the planet uses, but they have these other elements to the business like AWS/Prime/Leo/etc. that allow margin expansion at scale.
Maybe Amazon is the safest and most effective way for Berkshire to find their next Apple.
Most Popular Users
Elon Musk 
@elonmusk
240.1M followers
Barack Obama
@barackobama
119.3M followers
Donald J. Trump
@realdonaldtrump
111.6M followers
Cristiano Ronaldo
@cristiano
108.9M followers
Narendra Modi
@narendramodi
107M followers
Rihanna
@rihanna
97.3M followers
NASA
@nasa
92.1M followers
Justin Bieber
@justinbieber
90.6M followers
KATY PERRY
@katyperry
86.8M followers
Taylor Swift
@taylorswift13
80.6M followers
Lady Gaga
@ladygaga
72.1M followers
Kim Kardashian
@kimkardashian
69.4M followers
YouTube
@youtube
68.6M followers
Virat Kohli
@imvkohli
68.5M followers
Bill Gates
@billgates
63.4M followers
The Ellen Show
@theellenshow
62.5M followers
CNN
@cnn
61.9M followers
Neymar Jr
@neymarjr
61.1M followers
X
@x
60.9M followers
Selena Gomez
@selenagomez
59.9M followers