As part of my ongoing Informal Education PhD degree from Non-Existent University, I’m currently listening to Start Your Own Corporation by Garrett Sutton.I’d recommend it, and I’d highly encourage most any near millionaires (which definitely does not include me) to utilize LLC(s) and/or corporation(s) ASAP. (I purposefully didn’t mention limited partnerships in that.)It goes over the good entities (LLCs, corporations, limited partnerships) as well as topics related to them.The bad entities are sole proprietorships and general partnerships (which is what essentially any entity is by default). IMO, general partnerships are significantly worse than sole proprietorships and should be heavily avoided.If…
This is a business idea I devised only during the later part of today (2025-3-31)… a Drizzle Fund.A Drizzle Fund is a somewhat actively and somewhat passively managed fund, and is operated similar to how some middle-class value investors dabble in the stock market by themselves. A Drizzle Fund is a better type of fund for value investors.A Drizzle Fund only buys, holds, and sells stocks in qualifying stock exchanges. A qualifying stock exchange must have strict reporting requirements, and must have a proven track record for any stock having significant positive returns that outpace inflation on average.All of that…