I didn't do this when I started on X...so I think it's time. Here is my story: I am a husband to a beautiful wife, a father to two amazing daughters. I own Oliver Investments LLC, where I am a Financial Adviser. I love helping people on their financial journey 👇

One of the best ways to gain wealth. Stop caring what anyone else thinks about the things you buy... cars, your house, clothes, watches... Buy for you... not to impress someone you don't even know.. You will be surprised how much money you save.

Unpopular opinion: You don't have to find "passion" or "love" every day with your work in order to find PURPOSE Your work, that you don't necessarily love can be the means in which you fulfill your PURPOSE I would encourage everyone to find love and passion in work.. I happen to love what I do (most days)... But even before I started my business and worked for someone else... I might not have found passion every day for that work.. but it helped me fund a greater passion and purpose.. And there is nothing wrong with that. I would just encourage all to have a purpose.. have something you are working toward Then the work will become more loveable.. or maybe just likeable.. It all depends on how big the purpose is you are fighting for.

True wealth can't be measured on a spreadsheet. But as I look at my two kids and my amazing wife.. all healthy at the moment.. I know that I am wealthy man. I am thankful for today!

There is one thing certain in life... Just when you think you have it figured out, you either change your mind.. Or something big changes it for you. Either way, this road ain't a straight easy path.

What happens if grandma or grandpa passed away and leaves you their IRA? Well... depends.. If you are a non-spouse beneficiary (which refers to you as a grandchild), And you are NOT an eligible designated beneficiary (I'll define below), And... they passed after December 31, 2019, the 10-year rule applies. This means you have 10 years to empty the account. What if you are under age 59.5... will you incur a penalty? No, no penalty like in a traditional IRA... You will, however (if it is a qualified traditional retirement account), owe taxes. How much in taxes? Depends on your income and how much you withdraw. Can your account continue to be invested and potentially grow? Yes, undistributed assets can continue growing tax-deferred for up to ten years. Now we have talked about the 10 year rule... there is another rule that often applies. - RMDs. If your grandparents was past the RMD (required minimum distribution) age, and had started taking RMDs, You will have to continue that? How is it calculated? It is confusing, to say the least. There area a ton of great calculators out there to do this.. just search RMD Inherited IRA. You will need the DOB for your grandparent, their date of death, and your (the beneficiary) DOB & the balance of the IRA on Dec 31st of last year. Here is a link to a Schwab RMD calculator: schwab.com/ira/ira-calculato… This RMD will need to be taken in addition to emptying the account by the 10th year. * Who is a DESIGNATED beneficiary: -Surviving spouses -Minor children up to age of majority Disabled individuals—under strict IRS rules -Chronically-ill individuals—as defined by the IRS -Individuals no more than 10 years younger than the IRA owner, such as siblings near the same age. If you meet the criteria of a designated beneficiary, the 10 year rule might not apply to you. Please check with a professional. An INHERITED IRA can be a blessing! But please understand the rules that apply and plan your taxable distributions wisely! I hope you got something out of this post. I just want to remind everyone, that this post does not constitute legal advice. I am not implying you do or don't do any specific thing. Finding an adviser and a tax professional you trust to discuss your options is suggested. Be well my friends! Follow ME @Jake___Oliver As I share more about the joys of living a Financially FREE life! From schwab.com

I love how like a year ago nobody had ever even heard of the Strait of Hormuz, semi-conductors, or giant data centers and now everyone is an expert on them.

For me personally, I lived through both. Being on the older end of Millenials, my journey during the Great Recession, was being fresh out of college... I just had started investing and saw all positions I was interested in buying at a steep discount. I didnt have much saved... so having my little portfolio of $10k turn into $5k, didnt seem like a big deal... I did (personally) see way more people lose houses and jobs in the Great Recession than any other time since I've been alive. It was way more personal, seeing people I worked with being affected... unlike more recent dips that felt more like I heard about it online, but didnt experience first hand. I will say dips at the stage I am at now, definitely feel way more significant. 2022 felt worse to me than the Great Recession... only because the amount was so much bigger for me. And it was the year I started my business.. Its all relative really... all depends on the season of life you are in and how much you have invested and what you are invested in.

This is a pile of wood shavings and sawdust from my planer... I keep dumping the bags in this spot and then I move it later with my track loader... It is also a spot I push a lot of snow from driveway in the winter.. I went to dump some new shavings on the pile yesterday and found a pile of snow still existing under the sawdust. My grandparent and great grandparents used sawdust in old ice houses years ago to insulate ice. I, by mistake, accomplished the same thing.. 😂😂 I see now why they used sawdust for insulation. It was over 90 degrees 2 days last week... We decided to uncover and dig some snow out to make homemade ice cream (before anyone asks... the ice cream is not made of the snow... the machine just uses snow on the outside of the container to keep it cold while making it)... Snow on Memorial Day weekend is wild!! 😁

19 years ago I married the love of my life! What an amazing 19 years it has been. It feels like yesterday in one way, in another way it feels like we have always just been married... What an amazing journey! 😃 Drop how many years it has been for you below 👇

Here is the thing about LIVING BELOW YOUR MEANS, that most people miss.. You have to do it at all income levels if you want to build wealth. You just can't spend all your income & beyond your means if you want to build wealth. You can't outearn bad spending habits. So why not get it in check now? That way, when you start making more money, your good habit will help you stack.

Stop waiting for it to happen to you. Happen to it.

Haven't posted much lately... been super busy working on the house addition. I got it all insulated... working on some more rough in plumbing this week.. Been doing a little more wiring.. On nice nights after work I've been siding on the outside.. and rainy night/weekends I work inside. Also been sawing some lumber on the sawmill.. getting ready to run a load in my kiln. Lot going on.. I will take pictures at some point 😃 Be well everyone!!

Pet peeve of mine: The phrase: "In this economy" I have heard that phrase my entire life... I have seen good times & bad times, but heard the phrase used through it all... But the phrase is generally thrown out as an excuse. The reality of the situation is... the economy is what you make it. Dont like your current situation? Stop doing the same things over and over that put you in this situation. Tomorrow is a new day, a new chance to improve our economy, improve our well being... improve our health, our finances, our relationships. Get after it!

Sweat! I hope they make it super complicated with all kinds of weird restrictive funding options and leave a back door open for anything they forgot.

What's the deal with the gigantic Adirondack chairs I am seeing at businesses? Are we expecting giants sometime soon?

It is always funny how many people I find that comment how expensive their property taxes are after paying off their house. There is nothing magical that happens when you pay off your house w/your taxes... The bank just no longer pays them (with your money)... Now you finally actually own your home.. so you are responsible for the taxes... Up until this point, someone else has owned your home.. you have just paid all expenses and a mortgage payment to them for the privilege of living there. You have always had a high property tax bill... you just might have never actually looked at it before. I often wonder if there would be an actual revolt or revolution if people truly saw their property tax liability and felt it more. You should be just as upset while you have a mortgage about taxes, as you are after.

For anybody who wants to talk... I am going to have a lit of driving back from a showing later... DM me your cell.. I will call around 5:45 to 6pm Eastern Time... TOPICS: Building (construction), sawing lumber... building a house from ground up, being a DAD, being an amazing husband! Real estate... building a business yourself from nothing.. whatever you want... Let's have a chat!! Ill be caffenated and excited to share! 😁

Save, give, spend. These are the 3 things we taught our children to do with $ from a young age. To be successful with finances, these are the 3 things you have to learn to do with money. Show your kids or grandkids these 3 traits by modeling it in your every day life. And you will set them up for financial success!