In light of the recent Southern California wildfires, all California residents probably assume that their homeowner’s insurance premiums will be going up. But by how much? And how do California rates compare with those in the rest of the country? The insurance comparison platform Insurify just completed a cost and projection analysis for homeowner’s insurance…
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Let’s say you’re in the market for your first house. Thanks to family support and your own frugal lifestyle spending, you’ve managed to accumulate $600K for a down payment. After searching for months you discovered a fixer-upper in the suburbs for $1 million (after all, you’re in the Bay Area). The real estate agent recommended…
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Quite a number of seniors have approached me recently expressing anxiety about Donald Trump’s becoming the President-elect. Besides their fears about a second burst of inflation due to threatened higher tariffs as well as the existential threat to U.S. democratic norms and institutions based on his past actions, probably the number one concern involves Social…
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For some, the end-of-year holidays engender thoughts of helping those less fortunate. For others, it’s a time to develop strategies to save on taxes. Charitable giving allows you to achieve both goals. However, what if you would like to help but don’t yet know to which charities you would like to contribute? One of the…
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Tesla shareholders recently voted to support a pay package worth $46 billion that the company board of directors had offered to chief executive officer Elon Musk last year. While that particular deal is orders of magnitude beyond any other pay package on the planet, the compensation that many big companies provide to their CEOs –…
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Daniel Kahneman (Danny to his friends) passed away last month at the age of 90. He was a psychologist and researcher who applied psychology to economic analysis with his close friend and collaborator Amos Tversky. The resultant field of behavioral economics has grown over the years to become an integral part of good financial planning.…
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