Maximize Returns with Warren Buffett’s 90/10 Investment Strategy: A Guide to Long-Term Growth and Risk Management
What is the 90/10 Investment Strategy? The 90/10 investment strategy proposed by Warren Buffett involves allocating 90% of your investment portfolio to low-cost S&P 500 index funds…
Understanding 501(c) Organizations: Tax-Exempt Status, Types, and Benefits
What is a 501(c)(3) Organization? A 501(c)(3) organization is a type of nonprofit entity classified under the Internal Revenue Code. To qualify for this status, an organization…
Understanding 3P Oil Reserves: Definition, Calculation, and Investment Implications
Definition of 3P Oil Reserves Proven Reserves Proven reserves are quantities of hydrocarbons that have a high degree of certainty—typically at least 90%—of recovery under existing economic…
Understanding the 183-Day Rule: How It Impacts Your Tax Residency and Financial Obligations
What is the 183-Day Rule? Definition and Application The 183-Day Rule states that if an individual spends more than 183 days in a state or country, they…