🤔 can the gov't take your stocks?


Good morning Reader!

It seems that every week brings a new economic crisis. Whether it's the Iran war or the Fed flattening the yield curve or more retaliatory tariffs with our largest trading partners, there's always something.

If you try to pay attention to it all, you're going to be overwhelmed. And it'll all be out of date next week.

When it comes to your money, have a plan and stay the course. Invest early and often, save for a rainy day, and don't let the news impact your mental state. It's the boring middle and that's OK, don't make it more exciting than it needs to be.

Not that you need it, but I'm giving you permission to ignore the news sometimes.

That said, RIP Dolly Parton. 💎

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🏛️ Short Term Treasury - VBIL 3.63%, SGOV 3.61%

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🏛️ Can the government just take your stock?

Kinda.

Here's an unexpected question a reader asked - can the government take your stock portfolio and sell it?

She included a news article where someone's shares of Amazon were legally taken by the government and sold.

The owner was able to get the proceeds of the sale but the price of the stock kept going up and the owner was not entitled to those gains.

Read about it:

👉 Can the Government Take Your Stocks & Sell Them?

😀 Remove your info from Google

Google has an awesome tool called Results About You. You enter your information and if Google sees it in their search results, they'll tell you and you can request its removal.

It doesn't remove the information from the source website (for that, consider Incogni or DeleteMe) but it usually gets it off Google, which is just as good most of the time.

👉 Check out Google Results About You

🗞️ Money Stuff I Found Interesting

Here are some interesting articles you may have missed:

💵 Good Deals If You Need Them

What did you think of today's email?
I Loved It! 🟨 It Was Okay Not My Favorite

Talk to you soon!

Jim

PS. I was nominated in the Debt.com FinTalk Awards under Best Short-Form Content and would love your vote! You can vote three times a day (and 3x for the same person 🥰) every day until September 14th.

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Hi, I'm Jim Wang and I share my strategies and tactics for managing your money and enjoying more out of life.

I have been writing about money for nearly 20 years and believe that personal finance is one of those subjects that is made complicated because it benefits a select few. Our aim is to help make it easier to understand so that regular folks can use what we teach to take control of their money and build wealth.

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