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Books and Articles we believe are important

Parkinson’s law: how constraints can create freedom

...Coined by Cyril Northcote Parkinson as part of an essay published in The Economist in 1955, Parkinson’s law is the adage that “work expands so as to fill the time available for its completion.” While it was initially designed as a mathematical equation describing the rate at which bureaucracies expand over time, Parkinson’s Law can be applied to many areas, including the way you work...

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Donating to a charity using a qualified charitable distribution (QCD)

...A QCD is a direct transfer of funds from an IRA custodian, payable to a qualified charity, as described in the QCD provision in the Internal Revenue Code. Amounts distributed as a QCD can be counted toward satisfying your RMD for the year, up to $100,000, and can also be excluded from your taxable income (note-discuss with your financial professional regarding changes to RMD rules in December 2019 and how they might impact any QCD's)...

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Subtract

...Life can be improved by adding, or by subtracting. The world pushes us to add, because that benefits them. But the secret is to focus on subtracting...

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Range - Recommended Book

...The more constrained and repetitive a challenge, the more likely it will be automated, while great rewards will accrue to those who can take conceptual knowledge from one problem or domain and apply it in an entirely new one...

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Compounding Knowledge

...When we consume information that doesn’t expire or expires slowly; is very detailed; and we spend time thinking about it not passing the buck, we can match patterns. This is how you learn to see what other people are missing. The longer you do this, the more advantage you get...

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Should New Grads Take Any Job or Wait for the Right One?

...Evaluate opportunities, not based on whether they are “right” or “perfect” for your long-term goals but based on whether you’ll gain something now that will be useful later. Specifically, think about three criteria: will the job you’re considering offer experience, credibility, or income?...

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Splitting Pensions In A Divorce: Shared Payment Vs. Shared Interest QDROs

...Ultimately, the key point is that a QDRO offers some flexibility in planning strategies for both the Participant and the Alternate Payee. While the Shared Payment method must be used if the Participant has already begun payments when the QDRO is implemented, either the Shared Payment or Separate Interest strategy can be chosen if the QDRO is implemented before pension benefits begin...

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