by G. Brian Davis | Last updated Mar 25, 2026 | Spark Blog |
The Short Version: The FIRE movement has a math problem most people don’t talk about. The 4% rule assumes steady returns. Markets don’t work that way. Sequence of returns risk is the killer. A bad market in your first few years of retirement can...
by G. Brian Davis | Last updated Mar 23, 2026 | Spark Blog |
The Short Version: Institutional money is rotating out of private credit and into real estate. JLL’s CEO described exactly this in meetings with major investors last week. Why the shift? Private credit spreads have compressed. Default concerns are rising....
by G. Brian Davis | Last updated Mar 21, 2026 | Spark Blog |
The Short Version: Selling a rental property triggers capital gains tax and depreciation recapture. Combined, you could easily lose 25-35% of your gains to taxes. A 1031 exchange lets you defer those taxes by rolling proceeds into a replacement property. But most...
by G. Brian Davis | Last updated Mar 18, 2026 | Spark Blog |
The Short Version: The AI “fever dream” in investing is about to hit reality. Docupace’s CMO predicts overpromising and under-delivering will cause some wealthtechs to shutter in 2026. AI is genuinely useful for data processing, automation, and...
by G. Brian Davis | Last updated Mar 16, 2026 | Personal Finance, Spark Blog |
The Short Version: A Pew survey found 72% of Americans have a negative view of the economy, with nearly 40% expecting things to get worse. Meanwhile, the S&P 500 is near all-time highs. Pessimism at extremes is usually wrong. March 2009 felt apocalyptic… and...
by G. Brian Davis | Last updated Mar 14, 2026 | Spark Blog |
The Short Version: Multifamily construction starts just hit their lowest level in over a decade. Only 234,900 units broke ground in the 12 months ending Q3 2025… the weakest pipeline since 2013. Developers have pulled back because the math doesn’t work....