(EP. 28) Risk of Retiring at a Market Peak & 40% Capital Gains Tax?

<p>In this week&apos;s show we cover:</p><ul> <li>Biden&apos;s proposed taxes</li> <li>Risk of retiring at a market peak</li> <li>Dogecoin and Reddit</li> <li>Investing in what you understand- Peter Lynch</li> <li>Passive investing shortcomings</li> <li>Bill Miller&apos;s Q1 market letter</li> <li>Housing boom!</li></ul><p>Stories Covered:</p><ul> <li><a href='https://www.marketwatch.com/story/biden-has-pledged-to-tax-the-rich-but-precisely-how-will-he-do-that-experts-consider-his-options-11619110923' rel='noopener' target='_blank'>Biden has pledged to tax the rich — but precisely how will he do that? Experts consider his options</a></li> <li><a href='https://www.fb.org/newsroom/study-shows-repealing-stepped-up-basis-would-damage-the-economy' rel='noopener' target='_blank'>Study Shows Repealing Stepped-Up Basis Would Damage the Economy </a></li> <li><a href='https://www.cnbc.com/2021/04/13/why-the-popular-4percent-withdrawal-rule-may-be-a-bad-idea-for-retirees.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard' rel='noopener' target='_blank'>Retiring soon? Why the popular 4% withdrawal rule may be a bad idea </a></li> <li><a href='https://www.forbes.com/sites/abrambrown/2021/04/21/dogecoin-elon-musk-reddit/?sh=59f955d65598' rel='noopener' target='_blank'>Dogecoin, Elon Musk—And The Latest Reddit Mania </a></li> <li><a href='https://www.theatlantic.com/ideas/archive/2021/04/the-autopilot-economy/618497/' rel='noopener' target='_blank'>The Atlantic: The Autopilot Economy </a></li> <li><a href='https://millervalue.com/bill-miller-1q-2021-market-letter/' rel='noopener' target='_blank'>Bill Miller 1Q 2021 Market Letter </a></li> <li><a href='https://www.wsj.com/articles/u-s-housing-market-is-nearly-4-million-homes-short-of-buyer-demand-11618484400?reflink=desktopwebshare_twitter' rel='noopener' target='_blank'>US Housing Market Is Nearly 4 Million Homes Short of Buyer Demand - WSJ</a></li> <li><a href='https://www.wsj.com/articles/america-is-short-of-home-builders-as-well-as-homes-1161858