Michael Sicuranza (@msicuranza) 's Twitter Profile
Michael Sicuranza

@msicuranza

Financial Advisor to the professional small business owner & familes. Fitness and critical thinking advocate. CEO of Affinity Wealth.

ID: 587106192

linkhttps://www.affinitywealth.com/terms-of-service calendar_today22-05-2012 01:07:24

3,3K Tweet

255 Followers

208 Following

Michael Sicuranza (@msicuranza) 's Twitter Profile Photo

Tax bill just passed the House! There's some crazy items in this bill that can create some interesting planning items. Not sure on all the details yet but here a are a few: 1. Increase in SALT deduction for next few years to $40k. Helps high tax state residences. 2. Weird one -

Michael Sicuranza (@msicuranza) 's Twitter Profile Photo

app.koyfin.com/share/f4f87dc7… If you think $XLP is going to outperform relative to $XLY - there is a lot more work for those stocks to do.

Michael Sicuranza (@msicuranza) 's Twitter Profile Photo

I will probably write more about this at some point on how I did this, but there is always enough time to focus on things that are important to you. Over the last 2 years I"ve -taken 7 Accounting Courses -Studied for and passed 4 CPA exams + plus ethics -Ran and grew 2 companies

Michael Sicuranza (@msicuranza) 's Twitter Profile Photo

Finished reading Gyshido - The Art of Getting Shit Done. Fast and fun read. Great reminder of what's important to acheiving success and goals and keeping yourself disciplined along the way.

Michael Sicuranza (@msicuranza) 's Twitter Profile Photo

It's hard to have a recession when you have XLY outperforming XLP, High Yield credit holding up AND Dr. Copper above $5. Wake me up when those things change.

Michael Sicuranza (@msicuranza) 's Twitter Profile Photo

Transports hanging out near ATHs. Trend that is in place tends to stay in place. Dow Theory seems to be in effect. (not investment advice)

Transports hanging out near ATHs.  Trend that is in place tends to stay in place.  Dow Theory seems to be in effect. (not investment advice)
Michael Sicuranza (@msicuranza) 's Twitter Profile Photo

With tax season about to start, you would think that Wolters Kluwer would not charge to see the updates to the software. Already paying a small fortune. You would think that they would want us to be more efficient.

Michael Sicuranza (@msicuranza) 's Twitter Profile Photo

Only Sith talk in absolutes.....Everyone should buy a house. No one should buy a house. 401ks are bad. 401ks are great. Real Estate is the only investment. Never invest in Real Estate. Life is nuanced and so should your financial planning. Don't listen to the dumb-dumbs

Michael Sicuranza (@msicuranza) 's Twitter Profile Photo

Diversify your assets by type, class, tax not by advisor. Example - Husband dies - assets are everywhere... some with main advisor, some with retail brokerage firm. Many accounts, no coordination, retail completely incompetent to handle a death case, paper flying everywhere.

Michael Sicuranza (@msicuranza) 's Twitter Profile Photo

Sitting in the Walgreens for 45 minutes waiting for my prescriptions. I don’t usually mind waiting but when the only pharmacist at work is talking to her friend for the entire time without working is just infuriating. I now know her entire life story.

Michael Sicuranza (@msicuranza) 's Twitter Profile Photo

Things not on my accounting bing card - reviewing another firms work and 1. net income on the P&L and balance sheet don't match 2. contractors placed on the Schedule C as employees 3. No accruals for retirement plan contributions. Even a dumbdumb like me know this is wrong.