it’s time to talk about cryptocurrency

TLDR: Make the stock market your wife. Make crypto your mistress.

Not a day goes by where a client or friend does not ask me about my thoughts on cryptocurrency. So here goes…

I’m in love with the U.S. stock market. I’ve known her since kindergarten. She’s smart, funny, ambitious and pretty. In 6th grade, she became my girlfriend. The relationship has had a lot of ups and a few small downs but it’s mostly been fantastic. …


Christmas presents are causing more harm than good

Most of us dislike shopping for gifts.
Most of us dislike receiving gifts we never even wanted.
Yet every year, we’re stuck having to deal with the bullsh*t tradition.
In addition to wasting tons of money, it leaves our homes cluttered with crap we never even asked for.

Economists hate gift giving because of a concept called, dead weight loss. This is the gap between how much a gift giver spends on a present and how much the recipient values the gift. e.g. your sister buys you a $100 dollar sweater but…


Pay attention — if you have stock options or plan to one day, you’ll want to know this.

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I’m a financial advisor that works mostly with techies. I spend a lot time helping my clients navigate the tax implications of their stock options.

Stock options are confusing AF.
Taxes are confusing AF.
Paying taxes on your stock options is a sh*t show.

This article will explain how your stock options will effect your taxes.

If you’re unclear what a stock option is, this article will be impossible to understand. …


And what to do with yours

Photo by Susan Yin on Unsplash

I’m a financial advisor that works with a lot of techies. We talk about stock options a lot. Not only are they confusing AF, but forming a strategy around what to do with your options is really stressful. On top of that, companies do a mediocre job of educating their employees about what a stock options is. This article hopes to make stock options 30% less confusing. Here goes…

Your employer, Bazooka.com has given you the option to buy their stock from them at $5 per share anytime for the next 10 years.

$5 = exercise price

The company will…


I’m Jewish. I’m allowed to do this.

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I’m a Jew who knows how to shop for cars. I’m pretty sure 91.8% of Jews are born with this skill.

As a financial advisor I bear witness to my non-Jewish clients fumbling through car ownership. They’re doing all the wrong things and paying way too much for their cars. It breaks my heart.

Here’s what you need to know before purchasing your next vehicle.

  1. Buy a car that is at least 3 years old and has over 50,000 miles on it. New cars are grossly overpriced. Buy a car that is newish or older.
  2. Do not lease a new…


Debit and credit cards look the same, they act the same, but they are very different.

Photo by Clay Banks on Unsplash

I’m a financial advisor, and I see a lot of younger people just entering the “real world” who don’t quite grasp the difference between debit and credit cards. This is dangerous, and can get them into some financial difficulty.

I’m also old enough to remember “paper checks” — does anyone even remember those anymore? But young enough to have had debit cards as a way of life.

It’s critical to your financial health to understand the differences and use each type of card appropriately.

Debit Cards

Debit cards are boring. A debit card is an extension of your checking account. When you…


Please don’t be a crypto bro.

Photo by SOCIALisBETTER on flickr.com, used under license in original form.

If you own a lot of crypto, there’s a 93% chance you’re a douche.

Here are 3 people who’ve never owned crypto:
Warren Buffet
Greta Thunberg
Nelson Mandela

Have you noticed that no one past the age of 40 gives a sh*t about cyrpto?

Have you noticed that rich people who make good money don’t give a sh*t about crypto?

Have you noticed that no one actually uses crypto to buy sh*t?

Cryptocurrency is a better currency than cash and credit cards. But only by about 5%. I work in personal finance and know very well how hard it is…


If you don’t have one, you probably should

Photo by Alora Griffiths on Unsplash

I’m a financial advisor and I have a lot of clients ask me about Roth IRAs. They seem to know that Roth IRAs are a thing but they don’t know why they’re good or how they work. So I thought I’d take a moment and break down why Roth IRAs are so bad ass…

You buy one share of Pizza Hut stock for $100.
The stock performs well and a couple years later, it’s now worth $1,000.
You decide to cash out and sell the stock at $1,000.
You just made $900.
But wait, not so fast.

IRS: Hey dude…


And how not to overpay them

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I’m a financial advisor. I speak with lots of people shopping around for a financial advisor who often ask me, “How do you make money?”

It’s a good question, and one that you should ask your financial advisor if you have one. If you’re looking for a financial advisor, you should ask all of those you’re considering hiring.

If you’re going to trust someone with thousands or tens of thousands of dollars in the hopes that they will help one day grow it into millions, you deserve to know what that person’s cut is.

Financial advisors make money in one…


Mortgage? Down payment? Property taxes? Huh?

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I’m a financial advisor. I work with millennials and Gen-xers to help them buy their first home. Buying a house isn’t rocket science, but there are lots of fancy terms that make it feel super complicated. If you learn these fancy terms and how the process works, it makes home buying much more accessible. I’ll be teaching you the terms and breaking down the process step by step in this article.

Down Payments

You see a house you like on Redfin and it costs $1,000,000.

You tell the seller Batman that you want to buy it.

Batman says, ‘Let’s do it. Just…

Benjamin Packard

Financial advisor in Oakland. LulaFinancial.com

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