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Emoji Finance Friday©: Initial Coin Offering

Let us break this down 1. You and your co-founder talk about raising money 2. You have not had much success 3. So you think one day and have an idea 4. To raise money by creating a cryptocurrency “coin” like Bitcoin 5. Soon you sell your currency to the public for capital 6. In exchange for your digital “coin” 7. This all equals an Initial Coin Offering (ICO) Let us piece this together You have been...

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Emoji Finance Friday©: Health Savings Account

1. You get an e-mail about open enrolment for healthcare 2. You choose HSA 3. Which has you give money to an account 4. Pre Tax 5. This account is now invested 6. You get a debit card 7. With your HSA money that you can use 8. To buy sunglasses, glasses and qualifying medical expenses 9. Your mind is blown Lets piece this together, you are looking at your benefits and choose a healthcare plan call...

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Tax Reform is Coming

Just like winter was upon Game Of Thrones this past season, the Tax Reform proposal is finally here; let's hope it doesn’t bring any white walkers with it. Now the goal is to get this implemented before the end of the year and for next year's tax season. But of course like most things this is just a bill on Capitol Hill right now #schoolhouserock. So let's go over what the proposal has in it, now there...

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Emoji Finance Friday©: Accredited Investor

1. You have a question 2. For your advisor about an investment 3. She explains to you 4. That you need Two Years of $200K Income 5. Or $1 Million net worth not including your house 6. To be considered an accredited investor Let us break this down You have a question for your financial professional about an investment; the advisor explains to you that you need to have at least two years of income of...

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Emoji Finance Friday©: Capital Gains Tax

Let us break this down: 1. You buy 100 shares of a stock 2. Stock takes off and appreciates 3. After some time you sell the stock 4. The US Government arrives 5. Takes a share of your profits 6. Equals Capital Gains Tax Now, lets piece it together: first, you buy 100 shares of a stock and it makes a profit for you over some time, later, you sell the stock and the US Government comes in and takes a...

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Emoji Finance Friday©: Derivatives

1. You buy a security 2. This security follows a currency 3. Soon when that currency goes up 4. The value of your security will go up 5. This all equals derivatives Let’s break this down You are searching for alternative investments and you think about getting into this security that follows the price of a currency, so when the currency value goes up, the security itself will go up as well. As well...

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Emoji Finance Friday©: 529 Plan

Let's break this down Two people fall in love They get married Have a baby Add college All equals a 529 Plan Now let's piece that together, when two people fall in love and have a baby it is smart to open up a “529 Plan” for their college education. With the cost of college rising 5-7% annually, we can expect college to be $250,000 and up in the next 10 years. There has been a major push to try to...

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Emoji Finance Friday©: Rule of 72

1. You have a question 2. About how long it will take your investments to double 3. You ask your financial professional 4. Who shares the idea of 5. Dividing 72 by the percentage of the return 6. This all equals this idea called Rule of 72 Let us piece this together You have a question on how to figure out how long it will take for your money to double in your current investments. So you ask your financial...

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Emoji Finance Friday©:Bitcoin

Let us break this down 1. You have an idea to get into cryptocurrency 2. You get on your computer 3. Get a unique private key 4. Start mining for Bitcoins 5. On something called the “Blockchain” 6. Your mining was successful 7. Soon you receive coins 8. This all equals Bitcoins Now let us piece this together. You have been hearing all about this crypto-currency business and are interested in owning...

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Emoji Finance Friday©: 50-30-20 Rule

1. You receive a paycheck monthly 2. You start to think, how you should be using that money 3. You consult with a professional 4. Who tells you about the idea of the 50-30-20 5. 50% goes to living, eating, drinking and going out 6. 30% goes to rainy day fund 7. 20% goes to investments 8. You feel like a smart nerd 9. This all equals the 50-30-20 Rule Let us break this down You receive money monthly...

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Emoji Finance Friday: REIT

Let us break this down 1.A bunch of investors give money to an organization 2.Who uses that money to purchase buildings 3.On a certain date, money is passed back to the investor 4.This all equals a REIT Now let us piece this together; first, a bunch of investors give money to an organization, (like crowd-sourcing). Now that organization uses that money to purchase buildings, usually in a specific area...

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Dow Jones is Feeling "22",000

The market was feeling like Taylor Swift this morning, hitting “22”,000, maybe it will celebrate tonight by dressing up like a hipster? The Dow toppled its highest mark ever and the Trump administration is taking credit for the recent hike even though they claimed that the market was in a bubble when it was surging under Obama. Let's take a quick step back and explain how the Dow Jones broke another...