
Ahwatukee Foothills News by Dr. Harold Wong
Buffett currently ranks as the 8th wealthiest person in the world with $133 billion.
Ahwatukee Foothills News by Dr. Harold Wong
Historically, the major American financial dreams are: drive a nice car; live in a comfortable house; help kids with college expenses; and afford bucket list dreams (travel is the #1 bucket list dream in retirement). Since January-2021, with the Biden Presidency, overall inflation has increased 16%. However, inflation has had a different impact on all four major goals.
Ahwatukee Foothills News by Dr. Harold Wong
If you were a highly-paid person over the last 40 years, the CPA field basically offered three suggestions for saving taxes. Let’s examine why these strategies don’t achieve big tax-savings.
Ahwatukee Foothills News by Dr. Harold Wong
The secret to a financially happy retirement comes down to smart choices. Key variables are: annual savings; rate of return, and amount of Social Security and pension income.
Chandler Arizonan by Dr. Harold Wong
It’s Thanksgiving Day on 11/23/2023. Much of the Thanksgiving and Christmas Holidays have lost their original historical meaning in an avalanche of Black Friday Sales and Christmas Gift Lists.
Chandler Arizonan by Dr. Harold Wong
It’s been 15 years since the epicenter of the 2008 Stock Market Crash and Financial Panic.
Chandler Arizonan by Dr. Harold Wong
A September 25, 2020 Motley Fool article by Maurie Backman was titled “Why Does Billionaire Warren Buffett Pay a Lower Tax Rate than His Secretary?”
Ahwatukee Foothills News by Dr. Harold Wong
According to a recent Forbes Magazine ranking of the world’s Billionaires, Warren Buffet is ranked #6 with $117.4 billion net worth. He has many famous rules about money and this article will share some of them and how they might be implemented by normal folks who are NOT Billionaires or even Millionaires.
Ahwatukee Foothills News by Dr. Harold Wong
For the last two years, a 40-year-high inflation rate has been the main concern of most Americans. In a recent November 21, 2022 study found in Motley Fool by Jack Caporal, there are some disturbing statistics. According to the Bureau of Labor Statistics in 2021, the average household income was $78,743 and average household total expenses were $5,577 per month.