Anthony S. Park

Lately, I’ve read a lot about owning artwork to diversify your assets. This may be a good idea as an investment, but as an Executor, we’ll share with you 5 reasons it’s very hard to sell or liquidate artwork, especially in probate.

And at the end, we’ll share 2 tips on how to make selling art in probate a little bit easier.

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Pick up my books on personal finance, probate, and executors. Reviews always appreciated!

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Rich people don’t do chores, they outsource. And you should, too.

Let’s talk about how you should decide what to outsource, and what to do yourself

Then we’ll rundown a list of the tasks you can outsource today, from household chores, to business tasks, to personal finance items.

Finally, we’ll talk about next-level, outsourcing of the future.

Links:

https://nav.al/hourly-rate

https://www.forbes.com/sites/hbsworkingknowledge/2017/11/14/want-to-be-happier-spend-money-on-avoiding-household-chores

https://www.investopedia.com/terms/e/expectedreturn.asp

https://www.vanityfair.com/news/2017/06/this-anti-aging-start-up-is-paying-thousands-of-dollars-for-teen-blood

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“How Probate Works” on Amazon https://amzn.to/2Eld2DF

“How to Buy Your Perfect First Home” on Amazon https://amzn.to/2EjdDH9

All my books at https://www.amazon.com/-/e/B07KY2JDGR

Or subscribe to our YouTube channel at http://www.youtube.com/c/anthonyspark?sub_confirmation=1

If you want “more money,” for most people the easiest step is to get paid at work. Getting paid your what you’re worth at your 9-5 should be your first “side hustle.”

We’ll talk about:

1. Why folks get underpaid
2. How to find salary data
3. And lastly, fun examples of AP and JF’s market salaries

Links:

https://www.glassdoor.com/Salaries/index.htm

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“How Probate Works” on Amazon https://amzn.to/2Eld2DF

“How to Buy Your Perfect First Home” on Amazon https://amzn.to/2EjdDH9

All my books at https://www.amazon.com/-/e/B07KY2JDGR

Or subscribe to our YouTube channel at http://www.youtube.com/c/anthonyspark?sub_confirmation=1

Do you want to know if your reasons for not saving for retirement are good enough? We’ll talk about the 4 reasons why folks don’t save for retirement, and the pros and cons of each.

At the end, Janice and I will share which of these we think are valid (at least sometimes).

Links:

https://www.investopedia.com/ask/answers/102814/what-maximum-i-can-receive-my-social-security-retirement-benefit.asp

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“How Probate Works” on Amazon https://amzn.to/2Eld2DF

“How to Buy Your Perfect First Home” on Amazon https://amzn.to/2EjdDH9

All my books at https://www.amazon.com/-/e/B07KY2JDGR

Or subscribe to our YouTube channel at http://www.youtube.com/c/anthonyspark?sub_confirmation=1

“...though I would have made far more money had I instead rented and used the purchase money to buy stocks," Warren Buffett

Links:

https://www.businessinsider.com/real-estate-vs-stock-market-investment-2018-9

https://www.thebalance.com/real-estate-vs-stocks-which-is-the-better-investment-357992

https://momvesting.com/content/keeping-joneses-tale-about-house-poor-life

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“How Probate Works” on Amazon https://amzn.to/2Eld2DF

“How to Buy Your Perfect First Home” on Amazon https://amzn.to/2EjdDH9

All my books at https://www.amazon.com/-/e/B07KY2JDGR

Or subscribe to our YouTube channel at http://www.youtube.com/c/anthonyspark?sub_confirmation=1

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“All things considered, the third best investment I ever made was the purchase of my home…” Warren Buffet

Links:

https://www.thebalance.com/real-estate-vs-stocks-which-is-the-better-investment-357992

https://www.cnbc.com/2017/03/06/heres-why-warren-buffett-thinks-you-should-buy-a-home.html

https://www.cnbc.com/2017/11/16/homeownership-doesnt-build-wealth-study-finds.html

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“How Probate Works” on Amazon https://amzn.to/2Eld2DF

“How to Buy Your Perfect First Home” on Amazon https://amzn.to/2EjdDH9

All my books at https://www.amazon.com/-/e/B07KY2JDGR

Or subscribe to our YouTube channel at http://www.youtube.com/c/anthonyspark?sub_confirmation=1

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Put your money in index funds, not mutual funds. Here are the 3 key differences between them, and what it mean for you and your retirement money.

Links:

https://www.nerdwallet.com/blog/investing/index-funds-vs-mutual-funds-the-differences-that-matter-most-to-investors/

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“How Probate Works” on Amazon https://amzn.to/2Eld2DF

“How to Buy Your Perfect First Home” on Amazon https://amzn.to/2EjdDH9

All my books at https://www.amazon.com/-/e/B07KY2JDGR

Or subscribe to our YouTube channel at http://www.youtube.com/c/anthonyspark?sub_confirmation=1

Thought experiment: is it better to spend $100,000 towards paying for your kid’s college education, or using that $100,000 to seed their IRA?

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“How Probate Works” on Amazon https://amzn.to/2Eld2DF

“How to Buy Your Perfect First Home” on Amazon https://amzn.to/2EjdDH9

All my books at https://www.amazon.com/-/e/B07KY2JDGR

Or subscribe to our YouTube channel at http://www.youtube.com/c/anthonyspark?sub_confirmation=1

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I’ve been executor for hundreds of estates, and there’s NEVER been an “easy” estate. I can only imagine how hard it must be for grieving family.

It’s easy to see why outsourcing/delegating executorship to professionals will be a big thing very soon.

Links:

https://www.newyorkprobatelawyerblog.com/new-york-administrators-and-ex/

http://disinherited.com/executortrustee-must-decide-not-delegate/

https://www.theglobeandmail.com/globe-investor/retirement/retire-family/being-executor-of-a-will-likely-most-stressful-experience-youll-ever-have/article28129702/

https://info.legalzoom.com/suing-executor-21733.html

https://smartasset.com/estate-planning/executor-fees

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“How Probate Works” on Amazon https://amzn.to/2Eld2DF

“How to Buy Your Perfect First Home” on Amazon https://amzn.to/2EjdDH9

All my books at https://www.amazon.com/-/e/B07KY2JDGR

Or subscribe to our YouTube channel at http://www.youtube.com/c/anthonyspark?sub_confirmation=1

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Even if your ready to be responsible and start saving,it get that it can be confusing.

Where to start? Which is more important: 401k or IRA? Here are some answers.

Links:

https://www.nerdwallet.com/blog/investing/prioritize-your-saving-and-investing-goals/

https://money.usnews.com/investing/investing-101/articles/2018-10-26/how-to-prioritize-ira-and-401-k-accounts

https://www.forbes.com/sites/lizfrazierpeck/2017/11/07/the-top-three-priorities-for-savings/#4b61fdba6060

https://www.cnbc.com/2019/02/25/buffett-remains-bullish-on-index-fund-investing.html

https://www.fool.com/retirement/retirement-step-8-your-house.aspx

https://www.nerdwallet.com/blog/investing/using-retirement-savings-college-think-twice/

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“How Probate Works” on Amazon https://amzn.to/2Eld2DF

“How to Buy Your Perfect First Home” on Amazon https://amzn.to/2EjdDH9

All my books at https://www.amazon.com/-/e/B07KY2JDGR

Or subscribe to our YouTube channel at http://www.youtube.com/c/anthonyspark?sub_confirmation=1