We’ve all got strong opinions on taxes. I certainly do, too. It’s hard to even write about the topic objectively, but as taxes are the single biggest expense most people will incur in their lives, it’s important for financial literacy purposes to address them.
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Fungibility. It’s a funny word for a powerful concept. Essentially, fungibility means that money is money. Dollars earned or dollars found are actually indistinguishable from each other and are completely interchangeable.
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It’s not the destination, it’s the journey. We’ve all heard this life advice at some point or another, and it really is useful – in a world that is more focused every day on the next milestone, the next challenge and the next news cycle – appreciating what is going on along your path is essential.
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I’ll go ahead and apologize if you aren’t a sports fan… but with the Super Bowl and UNC vs. Duke in college basketball this weekend, plus the start of the Winter Olympics, sports are front of mind.
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My office, and all the items in it, have a story to tell. I sit at former Treasurer Harlan Boyles’ desk – it reminds me of the legacy of stewardship of our state’s finances that I must live up to.
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The World Series just ended, and baseball is front of mind, so a related item to liquidity is Shohei Ohtani’s most recent contract. For those baseball fans out there, you’ll know he signed the largest contract in the history of baseball
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North Carolina Treasurer Brad Briner writes about the importance of not approaching the investing world with a gambler’s mindset.
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