Dark Timber Capital
@CapitalTimber
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I'm a dabbler. Musings on energy, investing, law enforcement, and society.
Joined March 2020
@DadInvest Bro I am having surgery tomorrow morning and this is my greatest fear about the medical team haha
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@taobanker I'm so tired of seeing this in my feed bro! haha. DEO bag holder here. Need to drink way more Green Label I guess. Great call btw
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@taobanker I've been pitched these things so many times. I can see how you could get some large paper losses the first year or two but long term diminishing returns vs just buy and hold VOO. Also, it makes it a huge pain in the ass to switch brokers, which they love of course.
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"Fortune's Children: The Fall of the House of Vanderbilt" is a great book on this topic
From the @FT editorial, “The great wealth transfer:” “A 20-year US study found that 70 per cent of wealthy families lost their wealth by the second generation, and 90 per cent by the third.”
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Robert F. Kennedy, Jr., who is in the running to serve as health and human services secretary, revealed he was carrying up to $1.2 million in credit card debt in recent financial disclosures, per CNBC.
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