Finance Knuggets

Jul 06, 2024

I recently came across news about a new strategy outlined in a book called The Boiling Moat, which aims to prevent a potential conflict in parts of Southeast Asia and the Indo-Pacific region. The strategy, edited by former U.S. deputy national security advisor Matt Pottinger, focuses on leveraging Taiwan’s advantages and existing technologies to deter China and prevent a potential conflict with severe economic and geopolitical implications.

In another article, I read about the challenges of managing fluctuating income and the importance of effective financial planning. The article offers tips from financial experts on how to save and budget effectively, despite having irregular income, and highlights the impact of a recent Supreme Court decision on the IRS, emphasizing the need for individuals to stay informed about changes in tax laws and regulations.

Additionally, I came across a report suggesting that big tech may not be as secure as some claim it to be, prompting a hedge fund to advise raising cash. The report underscores the importance of staying informed about market trends and being proactive in managing investment portfolios. Lastly, I learned about the importance of retirement planning and the need for individuals to determine their own financial target for retirement, offering insights into different retirement strategies and the potential impact of working an additional year before retirement.

Stay Well!