David MulonasFeb 8, 20218 min#45 - The 401(k) and the Roth 401(k) ReviewThe max contribution for the 401(k) and the Roth 401(k) is $19,500 yealry. If you're over 50, you can add $6,500 in catch up contributions.
David MulonasFeb 3, 20212 minPFT #8 - Personal Finance Tip of the Week: Realized Capital Gains and Losses From Stock Ownership For most assets the capital gain tax rates that are held for less than a year, are treated as ordinary income as if you earned a paycheck
David MulonasJan 31, 202110 min#44 - The GameStop Short Sell Where the Little Guy Beat Wall Street at Their Own GameShorting a stock whens shares are borrowed from a broker on margin and have to be be paid back with interest to the broker.
David MulonasJan 29, 20212 minPFT #7 - Personal Finance Tip: Rule of 72 and Compound Interest a Retirement Nest EggIn today’s world it is incumbent on you to build your retirement nest egg therefore, you can use the rule of 72 as a base calculation.