Graham’s Newsletter

When I saw the headlines talking about a new “45% Capital Gains Tax Rate,” expiring middle-class tax cuts, and otherwise bringing the “highest tax rate – for many – in a century,” I initially wanted to stay out of it, because I hate getting political and being taken out of context. Source: Tax Foundation But I’m going on a limb to talk about this topic because there’s a ton of misinformation openly being spread as fact – and because the full proposal is 256 pages of fine print, I don’t want...

“First they ignore you, then they laugh at you, then they fight you, then you win.”– Not Gandhi Few people are as famous in the Bitcoin community as Laszlo Hanyecz, the man who bought two Papa John’s pizzas using Bitcoin in what was one of the first commercial transactions on the network. But what’s so special about buying pizza with Bitcoin, you ask? The amount. He paid 10,000 BTC for that one purchase – worth approximately $41 at the time, in 2010. Now, 10,000 BTC is worth $667 million! The...

Hi! If you're new here, you can subscribe and check out all previous issues here: Subscribe here Time in the market vs timing the market If you're itching to time the market, here's a cautionary tale: If you had invested $10,000 in the S&P 500 and left it untouched, it would have grown to $64,000 in 20 years.But missing just the best 10 days – out of 7,300 days – would drop your return to $29,000. If you missed the best 20 days, you'd lose out on $47,000 worth of profit. If you miss the best...

What's up guys, it's Graham here! Today's issue is a first: It's a sponsored deep-dive. I have never dedicated an entire issue to a sponsor before, but this is a topic that very few people are aware of: How to protect your assets by creating a living trust. It can have a huge impact on not just you, but your family and next generation as well. Today's sponsor GetDynasty aims to solve that problem. They can help you create a living trust in minutes from the comfort of your phone. I think their...

Hi! If you're new here, you can subscribe and check out all previous issues here: Subscribe here How are scammers using AI to extort money? Scammers are now demanding ransom by faking voices of loved ones. The voices sound so real that 77% of victims paid up. For example, the New Yorker reported the story of Robin who got a call at 2 am claiming that her mother-in-law Mona was held hostage. The lady could hear a voice on the other end and it sounded exactly like Mona. The criminal extorted...