By Kyle Thompson, MBA With the world slowly beginning to reopen on the heels of the COVID-19 pandemic, this is surely the question on everyone’s mind. While the simple answer is a resounding “Hell no”, there is a bit more nuance based on the perspective you place on it. From an immunological perspective, I have … Continue reading Is It Over Yet?
Written by Kyle Thompson, MBA There has been so much confusion and misinformation behind the coronavirus stimulus package (CARES Act) that I wanted to clear things up. What follows is the result of two weeks of research and is as accurate as I could possibly hope it to be. If you have any questions, please … Continue reading Everything You Need to Know About the CARES Act
Written by Kyle Thompson, MBA One of the most common questions I get is "should I contribute to a traditional IRA or a Roth IRA"? Actually, the question is so common you can find it all over Google. The most common answer, and the most common sense, is that you should go with traditional IRA … Continue reading 5 Things You Didn’t Know About IRAs
Welcome to Money, Meaning, and Business, a podcast for business owners about personal finance, exit planning, and philanthropy, intended to help you make the most of your money, business, and impact. In this episode, Kyle covers some of the factors that influence business valuation along with some tips on how to maximize your company's value … Continue reading MMB Episode 1- What is Your Business Worth?
Welcome to Money, Meaning, and Business, a podcast for business owners about personal finance, exit planning, and philanthropy, intended to help you make the most of your money, business, and impact. In this inaugural episode, Kyle welcomes you to the podcast, shares his vision and gives a preview of all the content coming down the … Continue reading Money, Meaning, and Business Intro Episode
Charitable giving can play an important role in many legacy and estate plans. Philanthropy cannot only give you great personal satisfaction, it can also give you a current income tax deduction, let you avoid capital gains tax, and reduce the amount of taxes your estate may owe when you die. Most importantly, you get to … Continue reading 8 Ways To Give To Charity
8 Things You Need To Know About Money That Will Change Your Life (Originally posted on Not Your Father's Financial Advisor blog) As some of you know, before my MBA I got a Bachelor’s degree in Philosophy, which at the time qualified me to ask why you want fries with your meal. Due to this … Continue reading 8 Things You Need To Know About Money That Will Change Your Life
(Originally posted on Not Your Father's Financial Advisor Blog) No one likes taxes. Well, some people do. Those people are weird (I'm looking at you, CPA friends!). Everyone, however, likes getting money back from the government after tax time. The question is, what should you do with it? Should you invest it? Pay down debt? … Continue reading What Should I Do With My Tax Refund?
(Originally posted on Not Your Father's Financial Advisor) One of the best questions to ask a financial advisor right now is “how should I protect my portfolio against interest rate risk?” If they can’t answer this question, run the other way. The reason this question is particularly salient is because for the first time in … Continue reading Rising Interest Rates and What It Means For Your Money
Leetown founder Kyle Thompson's article concerning principles and guidelines for debt management. Leetown Advisors