Private Wealth Guy

1/ The lifetime gift/estate tax exemption in 2025 is $13.99M per person. For estates above this, strategic planning is crucial to minimize taxes, preserve wealth, and leave a legacy. Let's cover some key strategies to help achieve these goals: 🧵

The S&P 500 is up 30% since the April lows

Investing is risky Not investing is riskier

This little-known type of equity comp is one of the most tax advantaged out there Let me introduce you to Profit Interest Units (PIUs): PIUs can be granted by a company filing as a partnership, letting you share in future profits and/or distribution upon sale of the company.…

PSA: when your business “writes off” a jet purchase, that does not mean that your business got a jet for free

When your investment portfolio is under $100k–$200k, you are much better off focusing on increasing your income and savings rate than spending your time trying to find the next stock that’s about to increase 100% or more in the next 12 months

It takes more power to build than to burn

All roads are leading back to excel this week. Not a fan

Money magnifies your habits. With good ones, it builds a thriving life. With bad ones, it’s a recipe for ruin I’ve seen the proof too many times

Trust is the cornerstone of a great financial advisor. How do they earn it? 1. They’re proactive, not just reacting to chaos 2. They follow through. ideas are nothing without action 3. They put your interests first, even if it does not benefit themselves 4. They don’t ghost…

Cash flow is king You either take control of it, or it will take control of you

I often see people afraid of investing in the market and facing a downturn. What they don’t fully understand is the risk of not being invested With a 30+ year time horizon, a 50% allocation to Treasuries or CDs could be the difference between an abundance to leave your family…

Without control over your cash flow, you’ll never be financially free The roadmap is straightforward but takes commitment and discipline: 1. Build an emergency fund 2. Avoid bad debt like credit cards or loans on unaffordable cars 3. Keep fixed expenses like rent or mortgage…

The easiest budgeting method? Reverse budgeting Automatically save/invest for your future first, then spend the rest on living for today. It’s straightforward and works!

We all want financial independence, but hope is not a strategy A 2015 study shows people with clear, measurable goals are 90% more likely to succeed. Setting a goal is the 'what'. Tracking expenses and creating a budget is the 'how' These finance fundamentals, done…

I’ve recently seen several people say that the ultra wealthy don’t pay taxes. Here’s the reality: In 2022, the top 1% of households in the US paid 40.40% of the total income taxes collected. They paid an average effective rate of 26.10%.

Timeless classic

A recent CFP Board study shows CFP professionals have a high level of career satisfaction: - 85% report strong personal fulfillment - 88% feel stable - 82% report good work-life balance - 74% are happy with their compensation

The Qualified Business Income (QBI) deduction lets pass-through businesses like LLCs or S-Corps deduct up to 20% of their qualified income. Specified service trades or businesses (SSTBs), like law or consulting, often don’t qualify if income exceeds certain levels. Here's a…

Direct indexing with crypto is a game changer Unlike stocks, bonds, or ETFs, which are bound by 30-day wash sale rules, Bitcoin and other cryptocurrencies face no such limits. You could theoretically sell Bitcoin and buy it back multiple times per day, realizing intraday dips

Reminder for tomorrow’s livestream at Noon ET👇🏼