Author Archives: Liquid Independence
Pick one Which would you rather have, money, power, or fame? That’s actually a real interview question if you want to work for Pimco investment management. I think most people reading this would probably choose money over the other two. The problem with having power is that it almost always distorts the powerful person’s perception of reality. “Power… Read More »
Retirement accounts are generally lauded for being tax friendly. But what if you’re a high income earner? 🤔 Can contributing to a tax advantaged retirement account hurt you instead of help you? Yes. I’ll demonstrate how in today’s post. A lot of readers here make over $100,000 a year. So let’s approach retirement planning from a taxation and… Read More »
You have to pay, one way or another When you understand that inflation is by design you’ll realize that the whole system is a shell game. And the only way to survive the game is to adequately prepare for the day when it ends. Two ways for you to be taxed When you earn $60,000 a year… Read More »
We’ve been here before One year ago no analyst could have predicted oil would surpass $120 a barrel. Yet here we are. No one saw oil futures going into negative territory in 2020, yet that happened as well. In 1979 there was even a call for the end of the stock market, lol. I guess that magazine… Read More »
February options trading update I earned $7,403.73 in net premiums after commission this month. Most of this was thanks to the higher than average volatility in the stock market. 🙂 Higher implied volatility increases option premiums, translating into more income for option sellers like myself. Video breakdown of trades I produced a video explaining my individual… Read More »
What I’m watching right now Have a look at this chart. It’s the latest data from CREA showing that homes across Canada have increased in price by 28% year over year. 😮 Sweet baby cheez-its! That’s very surprising for home owners, and scary for renters. Even if a renter doesn’t plan to buy a home any time soon,… Read More »