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Hi everyone, and happy Wednesday. Check out our Daily Reads for news topics we think are worth a read.

FINANCE

Here’s how much money you need to make a year to be in the top 5% in DC

To be a part of the top 5% of earners in an expensive city like Washington, D.C., where taxes and real-estate costs are among the highest in the country, you’ll need to bring in a lot of money.

An NFL player who saves almost all his salary and teaches a UPenn class shares his strategy for building wealth, and it’s something anyone can do

A strategy like resourcefully saving as much as possible is something anyone can do, adjusted according to their lifestyle. “We all can look at our expenses — even if you are in a great financial situation, that human competitive nature will be looking at other places you can cut back,” Copeland said.

 

ECONOMY

Face It: You (Probably) Got a Tax Cut

Ever since President Trump signed the Republican-sponsored tax bill in December 2017, independent analyses have consistently found that a large majority of Americans would owe less because of the law.

There’s no safe place to hide from the consequences of the biggest bubble yet

No one should ignore the risk that this bubble will burst, as did the previous two, with declines in the value of stocks DJIA, +0.26% SPX, +0.05% , homes, and other assets accompanied by recession, unemployment, and disruption in the plans and lives of many Americans.

 

BUSINESS

AR And VR To Explode In Retail Settings In The Near Future

As soon as next year, 100 million consumers in much of the world will be using augmented reality and virtual reality in a retail context, either online or in store, according to a forecast by research firm Gartner.

 

April 17, 2019

Daily Reads 4/17/2019

Hi everyone, and happy Wednesday. Check out our Daily Reads for news topics we think are worth a read. FINANCE Here’s how much money you need to make a year to be in the top 5% in DC To be a part of the top 5% of earners in an expensive city like Washington, D.C., […]
April 16, 2019

Daily Reads 4/16/2019

Real Estate D.C.’s Professional Tennis Team To Open New Stadium On Top Of Union Market The Washington Kastles will play the 2019 season and future seasons in a new venue Edens will construct on top of the food hall buidling at 1309 5th St. NE.   Economy Wage growth is accelerating, and that may be […]
April 15, 2019

Daily Reads 4/15/2019

  Happy Monday! We hope you had a great weekend. Today is tax day so we provide reads on how to cipher your 2018 tax return, the trajectory of the US Economy, and taxable accounts vs employer-sponsored retirement plans. Market & Economy The Economy May Be Slowing, But Current Expansion Could Break Records After large […]
April 12, 2019

Daily Reads 4/12/2019

Tax Reform Advisors Who Say Tax Reform Will Benefit Clients Has Declined Advisors reporting that the majority of their clients will benefit from the massive tax reform act has declined by 10 percentage points over the past year—to 69 percent in 2019 from 79 percent in 2018, according to the fifth annual Advisory Authority study […]
March 4, 2019

Daily Reads 3/4/19

Good morning! We hope you had a great weekend. Today we bring you reads covering the last round of US-China trade talks, the sharing economy that is changing the world, and changes to the IRA contribution limit for 2019. https://www.bloomberg.com/news/articles/2019-03-03/u-s-and-china-in-final-stages-of-completing-trade-deal-wsj?srnd=economics-vp If China complies with protecting intellectual property rights, we could be nearing a trade deal […]
March 1, 2019

Daily Reads 3/1/19

Happy Friday! Today we roll out some news about Amazon HQ2, GDP Growth, Interest rates, and Mortgage rates. https://www.cnbc.com/2019/02/28/cuomo-asked-bezos-to-bring-amazon-hq2-back-to-new-york.html?__source=twitter%7Cmain The current state of Amazon: Not in New York. Governor Cuomo seeks to change that. https://www.bloomberg.com/news/articles/2019-03-01/fed-patient-approach-hinges-on-risks-and-slow-moving-inflation?srnd=premium When it comes to interest rates, the Fed remains patient, but what are we waiting for? See why the Fed […]
February 15, 2019

Daily Reads 2/15/2019

Happy Friday! Today, we see news of the latest round of trade talks between US and China, the rise in the US dollar index, and home mortgage rates facing a 10 month low. https://www.marketwatch.com/story/us-china-trade-round-wraps-up-with-progress-toward-expected-memorandum-of-understanding-2019-02-15 During the latest round of US-China Trade Talks, US trade negotiators announced that they are making progress towards a deal, inching […]
February 8, 2019

Daily Reads 2/8/19

BB&T Corp. announced that it will soon close a deal to purchase SunTrust Banks Inc. for $28.2 billion in hopes to better compete with larger consumer lending banks such as JPMorgan Chase & Co. and Bank of America. Despite the positive synergies in technology innovation that this merger will create, the deal faces scrutiny from […]
February 4, 2019

Daily Reads 2/4/19

We hope you had a great weekend! Today we include great reads on how the US economy is performing in the New Year, how the Fed’s interest rate decision last week will impact the timing of future rate hike decisions in 2019, and what to consider when making the tough decision whether to rent or […]
February 1, 2019

Daily Reads 2/1/19

Happy Friday! Included today are some great reads on the effects of the US Jobs report, Federal Reserve decision, the latest on US-China trade talks, along with 2018 tax return tips. INVESTING & THE ECONOMY https://www.cnbc.com/2019/02/01/nonfarm-payrolls-january-2019.html Payrolls surged in January despite the long standing government shutdown. Despite predictions of slower economic growth for 2019, stock […]