Disappointed
Previously, I read Tom Wheelwright's book Tax Free Wealth and loved it and was excited for the podcast. However, it has been disappointing so far. Tom keeps calling Exchange Traded Funds (ETFs) EFTs throughout the episode and also remarks that market returns tradiationally are around 3% which is inaccuate- they are 7%. Tom also states that 529 plans make %0.02 percent on average and significantly less than inflattation which is also inaccurate. Ironically, he uses Jack Bogle to make drive home his point about mutual funds and seems to look up to Mr Bogle and then he states that diversifying is a horrible idea whcih goes against the entire Bogle message.Read full review »
BigBen428 via Apple Podcasts · United States of America · 05/20/18
More reviews of The WealthAbility Show with Tom Wheelwright, CPA
I respected his opinion until he claimed that depreciation can double one’s return. What about recapture?
BWMPLS via Apple Podcasts · United States of America · 04/02/23
Improve your financial education by listening to Tom’s podcast. Learn about taxes, good debt, inflation, economic trends and much more. You won’t be bored. You’ll want to learn more! I’ve followed him for years and am very excited that this education is now available to all. You can also listen...Read full review »
Oiye via Apple Podcasts · United States of America · 04/17/18
this podcast made sense to me. i could easily understand what he was saying. made me want to learn more about how can take advantage of the new tax laws. i'm definetly contacting my accountant ASAP! can't wait to hear more detailed podcasts on small (sole owner) type businesses.Read full review »
@littlebirdaz via Apple Podcasts · United States of America · 04/17/18
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