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federal income tax | My Money Track


Archive | federal income tax

Debt Got You Down?

Mark Cuban publicly stated he believes the next financial crisis in America will be over our massive student loan debt. If this loan bubble burst, it could lead to a disaster like the financial crisis of 2008. Few Baby Boomers, Generation X or Generation Z Millennials are aware of the $1.2 trillion debt owed. This […]

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Secret Strategy to Beat the S&P 500 Index

Less than 20% of all professionally managed mutual funds and their esteemed money managers consistently beat the S&P 500 Index when managing your money. Not surprising then, very few individuals or local investment advisors perform any better. In fact according to Dalbar, for over twenty years most investors woefully lag the S&P 500 index or […]

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The Big Lie; Social Security

  Baby Boomers, gen x and gen z millennials are usually pretty savvy about discerning truth from Bull Sh$t, especially when it comes to political elections or issues concerning human rights. We boomers were raised on ideals of equality and justice for all no matter race, creed, color or religion. In fact we boomers and […]

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Fraud is Back and Growing

Specifically, mortgage fraud is back and growing.  This suspicion can be easily confirmed with mortgage application fraud rising with the sudden re-emergence of home-flipping and the “get-rich quick – find it, finance it, flip it” seminars, proliferating in the local Dallas and Ft. Worth areas. Tune into any of the local AM radio stations and […]

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Hillary wants to take from the rich and give to the poor

  Robin Hood has traded green tights for a royal-blue pantsuit. Hillary Rodham-hood’s recent speech takes aim at those hard-working and successful Americans who have generally sacrificed to earn their wealth. It plays right in line with the comments made by President Obama years ago that “you, didn’t earn your wealth through you own hard […]

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How To Take Your Grand Kids on a Vacation

Most grandparents dream of treating our grandkids (and ourselves) to an amazing trip of a lifetime; but rarely know how to do so on a budget. Grand parents have grand ideas of what their little “mini-me’s” would enjoy. But in reality, keeping it simple is much easier for everyone and can be very affordable too! […]

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House Poor or Poor House? The Tiny House Movement…

For Baby Boomers this is a crucial question. For the next 15 years, there will be 10,000 Boomers turning age 65 each and every day.   And nearly all Baby Boomers in their 50’s and 60’s are carrying way more mortgage debt than their parents did at their age. And yet the trend is for this […]

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