Have a game plan for managing concentration risk post IPO.

If you're waiting to see what happens with your company's share price, you're leaving yourself open to emotional "in-the-moment" decision making.

By having a game plan ahead of time, you can act quickly when it makes sense to carve out your path to financial independence.

Join the MWB community and receive weekly tips in the areas of equity compensation, tax optimization, and financial independence directly to your inbox Fridays at 4 pm (ET).

Join the MWB community and receive weekly tips in the areas of equity compensation, tax optimization, and financial independence directly to your inbox Fridays at 4 pm (ET).

It doesn't matter who it is; it's hard to provide specific advice if someone doesn't know everything about your personal situation.

While there is a lot of good info on social media and the internet, always keep the proper perspective that it may not apply to you.

In this episode, I share a recent example of contradicting my advice that someone had read on my blog.

Join the MWB community and receive weekly tips in the areas of equity compensation, tax optimization, and financial independence directly to your inbox Fridays at 4 pm (ET).

In this podcast episode, I revisit the investing debate about real estate (specifically rental properties) vs. portfolio (stocks, bonds, etc.).

Each type of investing provides its unique tradeoffs, and each type of investor tends to be biassed towards their preferred investing style.

I share some of the tradeoffs between the two types of investing styles and why you can do both!

Portfolio construction can get very complicated very quickly. In this podcast episode, I share my framework for constructing an investment portfolio by focusing on financial planning fundamentals.

The more complicated you get with investment selection, the harder it is to manage asset location and disciplined rebalancing across different account types.

Hunt the antelope, not the mouse.

Join the MWB community and receive weekly tips in the areas of equity compensation, tax optimization, and financial independence directly to your inbox Fridays at 4 pm (ET).

"If your financial advisor hasn't recommended Bitcoin yet, fire them."

In this podcast episode, I break down why this is an ignorant statement and why a true financial advisor doesn't build recommendations around a single investment.

If you're tying the success of a single investment to your career, you're not a true professional who provides personalized advice in people's best interests.

Personal finance is personal. Be keenly aware of the incentives of whoever you take advice from.

Join the MWB community and receive weekly tips in the areas of equity compensation, tax optimization, and financial independence directly to your inbox Fridays at 4 pm (ET).

It doesn't matter how sophisticated a market timing strategy is - it's still a zero-sum game and shares characteristics with gambling.

In a zero-sum game, one person's gain is equivalent to another's loss, so the net change in wealth or benefit is zero.

This implies that there will be winners. But there will also be (mostly) losers.

If you have long-term conviction in an asset - great. Hold for the long term relative to your conviction. In the real world, return on effort matters.

Time in the market > timing the market.

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If your income is mainly from vesting equity comp, try and base your personal savings rate on your salary.

It’s like winning the lottery.

Instead of making massive lifestyle changes, coast into your new-found wealth and avoid unsustainable lifestyle creep.

In this podcast episode, I share several ideas for coasting into your windfall via equity comp.

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As a married couple, your finances are now combined, especially from a tax perspective.

When I sit down with a married couple, I'm showing them how they can use their combined resources to maximize their lifestyle and build towards individual goals.

It's ok if you and your partner don't view money the same. The important thing is to have an open and honest conversation (sometimes with an unbiased third-party professional) so that you're on the same page.

Listen to my in-depth thoughts in this podcast episode.

Join the MWB community and receive weekly tips in the areas of equity compensation, tax optimization, and financial independence directly to your inbox Fridays at 4 pm (ET). *Privacy Policy: I hate SPAM and promise to keep your email safe.

Join the MWB community and receive weekly tips in the areas of equity compensation, tax optimization, and financial independence directly to your inbox Fridays at 4 pm (ET). *Privacy Policy: I hate SPAM and promise to keep your email safe.

In today's podcast episode, I provide a Q&A on the most common equity compensation questions I receive: 

Q1: I'm interested in leaving my current job for another opportunity, but I'm worried about what will happen to the equity I've received where I work today. What should I do?   Q2: My company is talking about going public in the next year and I have stock options that could be quite valuable. Should I be doing anything now to prepare?   Q3: I love my company and the considerable equity I now own, but I'm worried I have all my eggs in one basket and don't know when we'll be able to cash out. What should I do?

The used car market is on fire right now. I can't remember a time when you could sell a used car for more than you bought it. In this podcast episode, I share a recent example of someone looking to arbitrage their lease buyout and sell for a profit in the used car market.

I also explore the practical implications of trying to time + arbitrage used car and real estate markets. 

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