Category: Uncategorized
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Large Roth IRA conversion upfront, and why it doesn’t make sense.
Once in a while I enjoy being a total spreadsheet nerd. Perhaps more often than I like to admit. Recently a client has asked me to do some very large Roth conversions for his IRA. He showed me this website which ran various scenarios on all his accounts. To my surprise, the more he converts…
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My recent Delta experience
United had always been my airline of choice. Whenever I flew, I flew United. They had never failed me or changed things on me last second. I am the kind of guy that sticks to the things I find working. In the last 15 years, I have consumed 99% exclusively vanilla ice cream. But every…
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How expensive is that stock, what is P/E ratio, and why is it important?
A good company is a wonderful thing to own, but investors often forget to think about how much they paid for their favorite AI stock. No, I am not talking about the actual stock price, but what that price is in relation to the company’s earnings. One key ratio to consider when looking at a…
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Volunteering at local food bank
Last week, I volunteered at a local food bank here in Austin, TX. Sometimes I just wake up and feel extra like helping, even after a hard leg day at the gym. I loaded produce onto big pallets with three other guys. The produce is packaged into bags for individual families. At the end of…
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The Case for A Trust for Your Child
Suppose you want to help your child with large expenditures 10 to 20 years in the future (e.g., college education, the purchase of their first home), and do not want to scramble for the money when the time comes. You also feel uneasy with the idea of giving them $100,000 outright. Also suppose you have…
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One of the best things you can do for your children – putting money to work for them as early as possible.
Who doesn’t want to set up their children for financial security later in life and in retirement? Think about the peace of mind it would give them, and what it enables them to accomplish in life. Parents nowadays work way too hard for their children, but oftentimes miss one of the best things they can…
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So I made a simple video to explain our investment philosophy.
Looking at the performance of most popular asset classes in the past nearly 100 years, we have positioned ourselves to be focused mostly on stocks. In the world of short-term performance chasing, it is critical that investors stay focused on their long-term goals. It is about making careful choices on which horses to ride and…
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Happy to have my website up, excited to start blogging!
Well, as the title goes – I am happy to have my website up and running and start blogging here. I’ll be posting all sorts of things here on this blog – slices of life, personal finance, economics, and why vanilla is the best flavor of ice cream, etc.
Open Door Investment Advisors, Inc. 