Milky Way Retirement

  Bạn có thể đọc bài viết bằng tiếng Việt ở đây.  Hi all, A friend asked me a question a few months ago about what she should do with the $30,000 in her savings account. Another friend also asked me where she should put her hard-earned money away? I answered the questions via text messages and felt proud that I was the trusting person whom my friend can turn into. Now I put my answers into a blog post, which needs more reference resources. So, as normal, my blog post is still long, but it may help explain why you should follow the advice but sometimes you don't. A lot of Americans have known about Maslow's pyramid since high school. My friend in Vietnam, who specializes in Psychology knows about it, but I didn't know about it until learning about finance. Simplified hierarchy of needs - Maslow from Wikipedia We work. Everyone works. Since the primitive era, human has worked for food, water, and shelter for rest and warmth. Then we want to find a stable place to stay and bui...

  AUGUST 2022 NEWSLETTER Welcome you to this month's newsletter with Ha Le. I'd like to treat you with tea and mooncake and chit-chat a little bit because Mid-Autumn Festival is coming. This is a traditional festival in the Vietnamese community where family members get together and enjoy the full moon harvest. During this chance together, kids play with lanterns and eat cakes and fruit. Adults sitting at the table under the full moon share the good news about their own nuclear family. One of the good news these days was President Biden signed an executive order to cancel the student loans for those with income below $125,000. The amount canceled can be $10,000 or $20,000 depending on whether they received Pell Grants. 12 million people may be wiped out of all the student loans of $10,000. Other 30 million people's loan balance can be reduced. This piece of good news may cost the government from 300 billion to 980 billion dollars. Good news for student loan carriers. What do...