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Mark Henricks

Mortgage, Retirement and Investing Expert

Mark Henricks has reported on personal finance, investing, retirement, entrepreneurship and other topics for more than 30 years. His freelance byline has appeared on CNBC.com and in The Wall Street Journal, The New York Times, The Washington Post, Kiplinger’s Personal Finance and other leading publications. Mark has written books including, “Not Just A Living: The Complete Guide to Creating a Business That Gives You A Life.” His favorite reporting is the kind that helps ordinary people increase their personal wealth and life satisfaction. A graduate of the University of Texas journalism program, he lives in Austin, Texas. In his spare time he enjoys reading, volunteering, performing in an acoustic music duo, whitewater kayaking, wilderness backpacking and competing in triathlons.

Posts by Mark Henricks:

by Mark Henricks Sep 24, 2021

Generational wealth is wealth that gets transferred from one generation of a family to the next. It may consist of valuable assets such as cash, real estate, securities or ownership of a family business. Generational wealth may also take the form of education, contacts, ability to take greater risks and lucrative employment within a family business. It can occur on the death of a parent or other family member, or during the life of both people. While many households can expect to receive some sort of generational wealth, a small number of transfers within wealthy families accounts for a majority of the total value of generational wealth transfers. Read more

by Mark Henricks Sep 24, 2021

When trusts are used as estate planning tools, financial institutions such as banks and brokerages may require written documentation of the trust’s existence before transferring assets into a trust or naming it as a beneficiary. However, they don’t need to see all the details of the trust, such as identities of the beneficiaries. When financial institutions need trust documentation, a signed and notarized certificate of trust can fulfill this requirement while keeping other information about the trust private.  Read more

by Mark Henricks Sep 23, 2021

A carbon tax is a tax levied on the emission of carbon dioxide into the atmosphere. Carbon taxes are seen as a way to reduce carbon emissions by encouraging businesses and consumers to switch to less carbon-intensive products and services, and also to encourage investors to pursue ESG strategies. Revenue raised by carbon taxes can be used to reduce other taxes, fund infrastructure improvements, pay for alternative energy research and provide cash dividends to citizens. Many countries, states and cities around the world have implemented carbon taxes and the practice is growing, although so far no nationwide carbon tax has been implemented in the United States. Read more

by Mark Henricks Sep 23, 2021

An investor who owns call options on a stock that splits will wind up owning more options on the stock. However, having a larger number of options won’t increase the value of the options. That’s… Read more

by Mark Henricks Sep 20, 2021

Brokerage accounts can be either cash accounts or margin accounts. With cash accounts, investors have to pay the full cost of any securities, usually within three days. Margin accounts, on the other… Read more

by Mark Henricks Sep 20, 2021

Corporations that pay dividends to stockholders usually make the payouts on a regular schedule, such as annually or quarterly. However, they sometimes opt for special dividends. These non-recurring… Read more

by Mark Henricks Aug 25, 2021

A Section 121 Exclusion is an Internal Revenue Service rule that allows you to exclude from taxable income a gain of up to $250,000 from the sale of your principal residence. A couple filing a joint… Read more

by Mark Henricks Aug 25, 2021

STRIPS, which stands for Separate Trading of Registered Interest and Principal of Securities, are securities that consists of a U.S. Treasury bond that has been stripped of its interest coupons.… Read more

by Mark Henricks Aug 16, 2021

A credit shelter trust is used to help married couples with significant assets pass their estates after their deaths to children or other beneficiaries without incurring estate taxes. Credit shelter… Read more

by Mark Henricks Aug 16, 2021

The acronym “DINK” stands for “dual income, no kids.” It refers to couples where both members have paying jobs and don’t have any children living with them. The number of people living as DINKs has… Read more

by Mark Henricks Aug 16, 2021

Thanks to a law that took effect in 2020, if you inherit a traditional individual retirement account (IRA) you may have to take all the account’s distributions within 10 years. The exception is if… Read more

by Mark Henricks Aug 16, 2021

Venture philanthropy uses techniques from the world of venture capital financing to support charitable and humanitarian goals. It differs from impact investing in several ways, including being… Read more

by Mark Henricks Aug 16, 2021

The CBOE Volatility Index (VIX) gives investors a measure of how much the stock market is expected to fluctuate over the next 30 days. VIX is often called the “fear index,” because it can indicate… Read more

by Mark Henricks Aug 26, 2021

Dividend growth modeling helps investors determine a fair price for a company’s shares, using the stock’s current dividend, the expected future growth rate of the dividend and the required rate of… Read more

by Mark Henricks Jun 29, 2021

Dividends paid to investors by corporations come in two kinds – ordinary and qualified – and the difference has a large effect on the taxes that will be owed. Ordinary dividends are taxed as ordinary… Read more

by Mark Henricks Jun 28, 2021

Dividends are regular cash payments corporations make to shareholders as an incentive to get them to invest in the company. Dividend yield is a percentage figure calculated by dividing the total… Read more

by Mark Henricks Jun 28, 2021

Buying shares of real estate investment trusts (REITs) gives investors a convenient way to invest in land and buildings while receiving income and capital appreciation. REITs own and finance real… Read more

by Mark Henricks Jun 22, 2021

An option premium is the fee that the buyer of an option contract pays for the right to buy or sell stocks or other securities at a pre-set price when the contract’s time limit expires. From the… Read more

by Mark Henricks Jun 21, 2021

Tax efficient investing allows investors to reduce, delay and otherwise manage taxes generated by investment activities, potentially improving after-tax returns. Investors can use a variety of… Read more

by Mark Henricks Jun 21, 2021

Risk premium is the added return that investors expect to earn from an asset such as a share of stock that carries more risk than another asset such as a high-grade corporate bond. The risk premium… Read more

by Mark Henricks Jun 17, 2021

Snowflake is a cloud data platform company that lets business customers consolidate data from multiple clouds and other sources. After the company’s 2020 initial public offering the price of its… Read more

by Mark Henricks Jun 16, 2021

As marijuana laws have relaxed, the pot trade has become a legitimate industry and some cannabis-related companies, including Nevada pot superstore operator Planet 13, have gone public, allowing… Read more

by Mark Henricks Jun 16, 2021

Trusts and limited liability companies (LLCs) are both legal vehicles that can be used to protect assets. Both are also created at the state level but they have different features and different uses.… Read more

by Mark Henricks Jun 08, 2021

When the staff at the Securities and Exchange Commission (SEC) has made the decision to recommend taking an enforcement action against a person or firm, the commission will often issue a Wells Notice… Read more

by Mark Henricks Jun 08, 2021

U.S. monetary policymakers are often described as being either hawkish or dovish. The terms refer to different viewpoints on the way monetary policy should influence the economy. Hawks are primarily… Read more