Part I:
- Disclaimer
- FIRE, Fat FIRE (better lifestyle), Lean FIRE (Frugal), Coast FIRE (continue working), Barista FIRE (low-stress low-income job)
- Basic Security
- No High-interest debt
- 1 year emergency fund
- Lend
- How Banks make money
- Lock-up money
- Savings/Money Market
- CD laddering
- Brokered CDs
- Bonds
- I-Bonds
- Bonds vs Bond mutual funds
- Expenses & load
- Govt vs Corporate, duration, tax-free (CA municipal vs US govt), US vs international vs emerging, hedged vs unhedged.
- P2P: Prosper. (LendingClub shut down).
- Real-Estate hard loans for accredited investors. Flippers open new biz for every flip, OPM.
- Invest
- Stock
- Long vs Short
- Derivatives
- Hedging
- Mutual Funds: Open vs Closed, Active vs Passive Index, Stock vs Bond vs Balanced, US vs International vs Emerging Markets vs World
- Diversify: Total World Stock, Target Retirement Funds. Investment theory: stocks over long term. Exceptions like Japan.
- Employee Plans
- ESPP
- ESOP in a startup: 83b early exercise option
- RSUs
- 401k, Roth 401k: early withdrawal penalty
- Rollover IRA: Direct rollover & indirect rollover
- Defer taxes
- IRA, Roth IRA, 10% penalty
- 529
- Credit card rewards
- Cash back: flat-rate vs rotating rewards
- Points
- Benefits like trip insurance, rental car
- Paid vs free (primary rental car insurance)
- Extended Warranty
- Business
- Expenses after tax vs biz expenses before tax
- Will vs Trusts (Probate doesn't include liabilities, but increases administration work)
- Annuities
- Life Insurance
- Returns (eg: term life, permanent life[whole, variable universal, universal])
Part II:
- Is it ok to make money?
- Asceticism vs money/power/fame/social status.
- Purusharthas
- Artha
- Artha Shastra
- Vidura Neeti: 5 strengths
- Physical
- Good advice
- wealth
- family, lineage & social capital
- intellect
- Saraswati, Lakshmi, Shakti worship
- Asceticism
- Drithirashtra's envoy to Yudhishtira & Yudhishtira's response
- Types of asceticism
- Uncha Vriddi: Thyagarajar
- Staying home: Muthuswami Dikshitar
- Pattinathar & Pathragiriyar
- Charity
- Daily practice: Some food. Tirumoolar's Tirumanthram.
- Trigunas
- Nine types: Padma Purana
- Charity to the undeserving.
- Deham vs money.
No comments:
Post a Comment