Right now, the Fed, President and Congress have quite the dilemma. All solutions have negative consequences, but one makes the most sense.

My take on what is likely to happen…. There is not a good rational reason for an individual or business to leave accounts that over FDIC protection limits at any bank that may be allowed to fail.

10 Steps to Getting to Your First Million Dollars. Let's go! 1. Save early. The sooner you start, no matter how small, the better.

The life of Alexander the Great is filled with incredible, true stories, but the story I find most insightful is a myth about his death. It's full of important life lessons.

On his death bed, Alexander the Great summoned his generals and told them his 3 final wishes: The best doctors should carry his coffin;

The wealth he accumulated should be scattered along the procession to the cemetery; and

His hands should be hanging outside the coffin for all to see.

So you want to be a millionaire? Here's a step by step game plan.

1/12: Take personal responsibility for making it happen. Own it. Contrary to popular belief, most millionaires are self-made. 79% did not receive ANY inheritance. 2/12: Start TODAY. Not next month, but today.

Earning 7%, you will need to set aside the following to have a million by age 65:

Age 25: $400/month
Age 30: $580/month
Age 40: $1,275month
Age 50: $3,200/month

Forgiving student loans is unfair to the majority of Americans, especially those that never went through college. Plus, there are better solutions to help those in need. Here’s why: 1/ Forgiving a loan doesn’t make it disappear. Instead, the liability is transferred to other Americans. This isn’t hypothetical. It’s really how it works.

Most Americans become millionaires simply by making smart 401(k) decisions. Here is a clear 10 step path to joining the ranks of America’s 401(k) millionaires: 1/ First, sign up for your 401(k) TODAY. Don’t put this off. Get started NOW.

@mcuban This is interesting. This started with you promoting Doge. I’ll take the S&P 500 and you can take Doge. Loser of 10 year return donates 1m to winners charity. But, if you aren’t confident Doge will prevail.... @mcuban Then we can move onto the next thing we disagreed on. You mentioned ‘only a fool’ would invest in 100 stocks. I’ll take a 100 stock index or 100 stocks and you can pick whatever stocks you want. I feel pretty good about this too based on your market calls....

A thread on hedge funds, shorting stocks and trading vigilantes.

1. First, let’s cover hedge funds. A hedge fund is simply a fund that collects money from wealthy investors and institutions (universities, foundations, etc) that use different strategies to try to beat the market. 2. These funds tend to be extremely expensive, collecting as much as ‘2 and 20’ which translates into a 2% ongoing fee plus 20% of the profits. Most charge a little less and some charge even more.

Planning tips to consider:
1/5 - Review your liabilities. There are opportunities to get lower mortgage rates, car loans and other loans. 2/5 - Accelerate 401k savings. If you are in the fortunate position where this is possible, money can grow tax deferred longer.

So you want to be a millionaire?

1/10: take personal responsibility for making it happen. Own it.

Contrary to popular belief, most millionaires are self-made. 79% did not receive ANY inheritance. 2/10: Develop a savings plan and start as soon as possible.

Earning 7%, you will need to set aside the following to have a million by age 65:

Age 25: $400/month
Age 30: $580/month
Age 40: $1,275month
Age 50: $3,200/month