Liquidity: How Much Cash the Wealthy Actually Keep
Two 2026 studies put high-net-worth cash holdings at 24% and 5%. Both are right. What that gap reveals about how wealthy households actually manage liquidity.
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Real Estate as an Investment: How the Wealthy Actually Use Property
Depreciation, leverage, 1031 exchanges, cap rates, syndications and REITs — how wealthy households actually use property as an asset class, and why real estate is a smaller share of their balance sheet than almost anyone assumes.
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Equity Compensation: RSUs, ISOs, and the Tech Wealth Engine
RSUs, ISOs, NSOs, ESPPs, the AMT trap, 83(b), and tender offers — how tech equity compensation actually turns a salary into seven figures, and where it goes wrong.
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Multiple Streams of Income: The Myth, the Math, and What Wealthy Households Actually Do
“The average millionaire has seven streams of income, according to the IRS.” The IRS never said it. Here’s what the actual tax data shows about how wealthy households really earn.
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Carried Interest: The Most Defended Loophole in American Tax
Carried interest lets fund managers pay 23.8% instead of 40.8% on their pay. Every president since Obama has promised to end it. Here’s why it never dies — and what new IRS data says it actually costs.
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The US Wealth Visa: EB-5, EB-1, and Inbound Millionaire Immigration
How the wealthy buy their way into the United States in 2026 — the $800K EB-5 investor visa, the EB-1A extraordinary-ability petition, and the new $1M Trump Gold Card. What’s real, what’s marketing, and who actually gets in.
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Gold: Wealth Preservation, Fear, and Status
Gold pays nothing and charges rent. Inside how the wealthy actually own it — vault costs, the 28% tax trap, central-bank buying, and what gold is really for.
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Venture Capital: The Culture of Tech Money
A VC fund expects to lose money on most of its bets — that’s the plan, not the failure. Here’s how venture capital really works, pays, and behaves.
