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E-grāmata: Personal Finance Guide for Tech Professionals: Building, Protecting, and Transferring Your Wealth

  • Formāts: EPUB+DRM
  • Izdošanas datums: 05-Aug-2022
  • Izdevniecība: APress
  • Valoda: eng
  • ISBN-13: 9781484282427
  • Formāts - EPUB+DRM
  • Cena: 59,47 €*
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  • Formāts: EPUB+DRM
  • Izdošanas datums: 05-Aug-2022
  • Izdevniecība: APress
  • Valoda: eng
  • ISBN-13: 9781484282427

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Gain a a basic foundation of essential personal finance issues and strategies, specifically geared towards tech professionals. The book will build on the concepts, such as going from the basics of investments to more advanced topics like alternative investments and tax strategies.

In the U.S., about 6 million tech startup employees have stock options.  The result is that this can often be the biggest source of wealth, sometimes reaching into the millions.  Yet there are many financial and tax complications that have been aggravated with the transition to remote work. This can mean lower returns and missed opportunities, and in some cases, employees may even be subject to actions from the IRS and local tax agencies.  

The Finance Guide For Tech Professionals is packed with actionable advice and covers the main areas that any tech professional will face.

What You'll Learn
  • Track and analyze investments with fintech apps
  • Improve the results of freelance work, such as with strategies to lower taxes
  • Protect your hard-earned assets with insurance and the establishment of entities like LLCs

Who This Book Is For

The main focus will be on tech employees who get equity compensation.  This spans from entry level people to senior executives.

 


About the Author ix
Introduction xi
Chapter 1 Stocks and Bonds
1(32)
The Basics of Stocks
2(3)
How to Make Money with Stocks
5(3)
Common vs. Preferred Stock
8(2)
Risks of Stocks
10(1)
Stock Analysis
11(1)
Buying and Selling Stock
12(1)
The Basics of Options
13(2)
Writing Options
15(3)
Other Terms and Concepts About Stocks
18(2)
The Basics of Bonds
20(1)
The Rewards and Risks of Bonds
21(3)
How to Buy and Sell Bonds
24(1)
Types of Bonds
25(1)
Federal Government Bonds
26(2)
Municipal Bonds
28(2)
Junk Bonds or High-Yield Bonds
30(1)
Convertible Bonds
30(1)
Conclusion
31(2)
Chapter 2 Mutual Funds and ETFs
33(20)
The Basics of Mutual Funds
34(2)
How to Make Money with Mutual Funds
36(1)
How to Buy and Sell Mutual Funds
36(2)
The Basics of ETFs
38(5)
The Drawbacks of ETFs
43(3)
ESG (Environmental, Social, and Governance) Investing
46(4)
Closed-End Funds
50(1)
Direct Indexing
51(1)
Conclusion
52(1)
Chapter 3 Alternative Investments
53(16)
The Partnership Structure
54(6)
The Pros and Cons of Alternative Investments
60(4)
J Curve
64(1)
Accredited Investors
65(2)
Access To Alternative Investors
67(1)
Conclusion
68(1)
Chapter 4 Hedge Funds
69(24)
Sector Hedge Funds
70(1)
Global Macro Hedge Funds
71(4)
Short Hedge Funds
75(1)
Quant Hedge Funds
76(3)
Hybrid Hedge Funds
79(2)
Alternative Credit Hedge Funds
81(1)
Arbitrage Hedge Funds
82(1)
Hedge Fund ETFs
83(4)
Multi-strategy Hedge Funds
87(2)
Specialized Hedge Funds
89(1)
Activist Hedge Funds
90(1)
The Big Trade
91(1)
Conclusion
92(1)
Chapter 5 Private Equity
93(22)
Buyout Funds
94(4)
Venture Capital Funds
98(4)
Rethinking the Venture Capital Model
102(2)
Angel Investing
104(5)
Deal Flow
109(2)
Equity Crowdfunding
111(2)
Publicly Traded Private Equity Firms
113(1)
Conclusion
114(1)
Chapter 6 Crypto
115(24)
What Is Crypto?
116(3)
The Market Size
119(1)
Volatility
120(1)
How to Buy Crypto?
121(3)
Types of Crypto
124(2)
Valuing Crypto
126(2)
DeFi
128(2)
NFTs
130(2)
Regulations
132(2)
Taxes
134(2)
Crypto ETFs
136(1)
Conclusion
137(2)
Chapter 7 Hard Assets
139(18)
Why Invest in Hard Assets?
140(4)
Real Estate
144(3)
Investing in Real Estate
147(3)
Crowdfunding
150(1)
Commodities
150(3)
Gold
153(2)
Artwork
155(1)
Conclusion
156(1)
Chapter 8 Asset Allocation
157(12)
What Is Asset Allocation?
158(3)
Rebalancing
161(1)
Target-Date Funds
162(1)
Emergency Fund
163(1)
Hedging Your Portfolio
164(1)
Day Trading
165(2)
Conclusion
167(2)
Chapter 9 Benefits
169(18)
401 (k)
170(1)
Employer Matches
171(1)
401 (k) Loans
172(1)
Roth 401(k)
172(2)
No Retirement Plan
174(1)
IRA Investments
175(1)
401 (k) Rollovers
176(2)
The Super IRA
178(1)
Health Insurance
179(3)
Flexible Spending Accounts (FSAs)
182(1)
Health Savings Accounts (HSAs)
183(1)
COBRA (Consolidated Omnibus Budget Reconciliation Act)
184(1)
Affordable Care Act (ACA)
184(2)
Conclusion
186(1)
Chapter 10 Equity Compensation
187(26)
The Basics of Employee Stock Options
188(2)
Nonqualified Stock Options
190(5)
Using Stock to Exercise Nonqualified Stock Options
195(1)
Incentive Stock Options (ISOs)
195(2)
ISOs and AMT
197(3)
Restricted Stock
200(2)
Employee Stock Purchase Plans (ESPPs)
202(1)
Preferred Stock and Equity Compensation
203(1)
SPACs (Special Purpose Acquisition Companies)
204(1)
Liquidity Services
205(2)
Negotiating Equity Grants
207(1)
Concentration Risk
208(1)
Borrowing Against Your Equity
209(1)
Conclusion
210(3)
Chapter 11 Estate Planning
213(10)
Why Estate Planning?
214(2)
Will
216(1)
Healthcare Documents
217(1)
Beneficiaries
217(1)
Trusts
218(1)
Estate Taxes
219(2)
Insurance
221(1)
Digital Assets
222(1)
Updates and Advice
223(1)
Conclusion 223(2)
Index 225
Tom Taulli, a published author and a software developer, is also an Enrolled Agent, the highest certification with the IRS that allows him to represent taxpayers before the agency.  He is also the owner and co-founder of Pathway Tax, which he started over 20 years ago.  The focus is on helping clients with tax preparation, planning and resolution.   Tom has also written columns for online publications such as BusinessWeek.com, TechWeb.com, and Bloomberg.com. You can reach Tom on Twitter (@ttaulli) or through his website (Taulli.com).