#66 – Peter Thiel’s $5 Billion Dollar Roth IRA – How He Did It and Was It Legal?
The practice known as stuffing allowed Peter Thiel to build a behemoth tax-free nest egg.
top of page
the personal finance blog
Search
David Mulonas
- Jun 1, 2021
- 4 min
#61 - The Current and Future State of the Student Loan Crisis
The Federal Reserve Bank of St. Louis, says student loan borrowers owe a collective $1.73 trillion in federal and private student loan debt
34 views0 comments
David Mulonas
- May 26, 2021
- 6 min
#60A- What is Inflation and How Does it Effect the Economy and the Stock Market?
Inflation is on the rise in many financial sectors of the economy. What causes it and what is the best way to invest when prices increase?
22 views0 comments
David Mulonas
- May 24, 2021
- 3 min
#60 - Listener Feedback: You Can't Retire on $1 Million Dollars and Have a 45-year Nest Egg
How much money do you need to to retire early and comfortably for a long period of time?
17 views0 comments
David Mulonas
- Mar 28, 2021
- 7 min
#52 - The Best Way to Manage Your Stimulus Check and the Future Impact on the Budget
Let’s take a scenario and say a family of four is making under $160,000 AGI. This means that $5,600 ($1,400 per person) will be sent out.
32 views0 comments
David Mulonas
- Mar 24, 2021
- 2 min
PFT #15 -Personal Finance Tip: Checking Your Credit Report and the Impact on Your Budget
You can also go to annualcreditreport.com and get a free copy of your credit report every 12 months from each credit reporting company.
29 views0 comments
David Mulonas
- Feb 8, 2021
- 8 min
#45 - The 401(k) and the Roth 401(k) Review
The 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.
49 views0 comments
David Mulonas
- Jan 29, 2021
- 2 min
PFT #7 - Personal Finance Tip: Rule of 72 and Compound Interest a Retirement Nest Egg
In 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.
42 views0 comments
David Mulonas
- Jan 4, 2021
- 6 min
Podcast #40 - Establishing Good Credit for Your Children and Some Important Reminders for Adults
How do we establish credit for your children? They cannot apply for a credit card legally until age 18; they may may have an authorized user
47 views0 comments
David Mulonas
- Nov 15, 2020
- 16 min
Podcast #33 - How Long-Term Sustainable Products Reduce Your Budget While Helping the Environment
You can save money down the road by buying quality products, but the difference here is that you will also help the environment
24 views0 comments
David Mulonas
- Oct 26, 2020
- 7 min
Podcast #3 - 401(k) Withdrawals and Loans
When you take a 401(k) withdrawal, you'll face a 10% penalty if you're under the age of 59.5 years of age
8 views0 comments
David Mulonas
- Oct 25, 2020
- 16 min
#30 - Are the Flames Burning Out on the F.I.R.E Movement? (Financial Independence Retire Early)
-What is the F.I.R.E movement? -What are the budgeting steps required to meet the personal finance goals? -Why the earnings and savings...
35 views0 comments
David Mulonas
- Sep 15, 2020
- 5 min
#24 - What is Debt-to-income Ratio and to Use it When Purchasing or Refinancing a New Home
DTI is used as a measure for loan approval. We'll this explain simple calculation to be prepared when applying for a mortgage or refinance.
20 views0 comments
David Mulonas
- Apr 21, 2020
- 3 min
Podcast #3 - Credit Card Balance Transfers
I would recommend looking into balance transfers for as low as 0% interest typically for 18 to 24 months if you have a higher interest rate.
16 views0 comments
bottom of page