Transcript: Easan Arulanantham: “So you talked about the Build Back Better Plan. So, I know the proposal, the tax proposals are changing each week. Can you give kind of like a summary of what’s on the table right now?” Tom Vaughan: Yeah, actually, it’s really kind of interesting. And of course, keep in mind that
Transcript: Easan Arulanantham: “Are Treasury iBonds i.e. inflation protected treasury bonds a good bet for an inflation period? Tom Vaughan: Yeah. As Easan said, this came in as a comment on our YouTube video that we posted on our channel, dealing with how to deal with inflation. So the question is, should you use treasury
Transcript: Easan Arulanantham: So, this is a planning question: “do you examples of poor financial decisions made by clients that by changing their plans, changed their plan’s success rate?” Tom Vaughan: Yeah, this question came in. So I’ve been thinking about, it’s kind of interesting…We have 270 households that we are helping, and it’s amazing
Transcript: Easan Arulanantham: “There’s been a lot of changes to the “build back better” plan with new taxes and dropping of other taxes. So can you kind of give a basic summary. Also, there’s a lot of things that were removed from it, and how do you think that affects the market?” Tom Vaughan: Yeah.
Transcript: Easan Arulanantham: So our next questions is kind of on ESG investing. So environmental, social and governance, governance investing. I heard that ESG investing, I will underperform the market. Is that true? Like, I want to be a responsible investor, but I don’t really want to put myself behind because of it. Tom Vaughan:
Transcript: Easan Arulanantham: So this is kind of a little bit stepping back to the kind of fundamentals of retirement. But we’re kind of like the basic factors that are like inputs that you for figuring out retirement. Tom Vaughan: Yeah. Okay. So on a very basic level, one of the most powerful ways to
Transcript: Easan Arulanantham: Regarding Social Security, the [recent] cost of living adjustment was 5.9%. Should I be worried about inflation? How does it affect my retirement and my expenses? Tom Vaughan: Yeah, so Social Security had the highest, announced the highest increase in their cost of living increase at 5.9%, highest in the last 40
Transcript: Easan Arulanantham: “Last week, you mentioned the 60/40 portfolio is really efficient. What does that mean? What are you talking about when you say “efficient?” Tom Vaughan: So, efficiency has at least with investing, in my opinion, has to do with what return you’re getting for each unit of risk that you’re taking. So
Transcript: Easan Arulanantham: “So, earlier today, there’s some agreement on the 15% Global Tax. Could you explain what that is, and what it could mean for the US?” Tom Vaughan: Oh, yeah, this just came out literally just before the show started. I was reading an article on this. It’s been talked about for a
Transcript: Easan Arulanantham: “Should I be looking to sell my house soon? I’m worried I’ll be penalized if I have a capital gain over $450,000.” Tom Vaughan: Yeah, so I think what that question is alluding to, is that the current reconciliation bill, as it stands, is looking to increase the capital gains rate from