Well Balanced Vol. 26

Well Balanced. Volume 26. A round-up helping you get today right.

📈 Stock Quote

“The beginning is the most important part of the work.”

Plato, Greek philosopher


👉🏽 Tax Brackets & Contribution Limits for 2024

Recently, the IRS announced there will be some changes to the 2024 tax year that could impact your retirement savings. Here’s what you need to know.

Read Vector’s blog post to learn more:

Tax Brackets & Limits (article)


🏛️ Gall’s Law

Keep it Simple

Incremental improvements made to a functional system is superior to building a complex system from scratch. Published in 1977, John Gall’s book Systematics: How Systems Really Work and How they Fail, states that all complex systems that work evolved from simpler systems that worked.

In other words, if you want to build a complex system that works, build a simpler system first, and then improve it over time.


🏆 This Month in History

Gold in Them Thar Hills

January 24, 1848 - The California gold rush began with the accidental discovery of the precious metal near Coloma, California during construction of John Sutter's sawmill. An announcement by President Polk later in the year caused a national sensation and resulted in a flood of "Forty-niners" seeking wealth.


✨ The Bakken Museum

File under “what to do indoors”

The Bakken inspires a passion for innovation by exploring the potential for science, technology, and the humanities to make the world a better place. The museum is located in the Uptown neighborhood of Minneapolis and features interactive exhibits for all ages.

Plan a Visit


🍿  ICYMI

Insights & Videos
Perspective from Vector

 

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Important Birthdays Over 50

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3 Financial Trends that have Shaped the Year