Tag Archives: wealth

Coming Soon: Pythia…

Coroebus is 3!

According to the ancient poet Pausanius, Coroebus of Elis won the first gold medal of the ancient Olympic games in 776 B.C. by defeating his competitors in the stadion race. Taraje chose to name his business Coroebus to help fulfill a childhood dream to become the first male U.S. Olympic Champion in the sport of judo.

The mission of CWM is to inspire entrepreneurs to prepare and execute bespoke strategic plans to achieve specific lifestyle goals in a socially responsible manner. Our guiding principles are specialized knowledge with integrity and devotion.

In ancient Greece, the Pythia were priestesses and oracles who would communicate with Apollo to predict the future. The labrys is an ancient Cretan double axe that was sometimes associated with female divinity. Together they form Pythia, the predictive analytics tool for financial services/management.IMG_1633

Pythia is Coroebus Wealth Managements financial technology application under development which will offer automated investment management and financial planning, as well as a financial literacy curriculum. In the universe of roboadvisors it might be considered a hybrid as it will offer access to human and algorithm managed portfolios.

We have not abandoned our boutique service or multi-family office business model, but are adding on an automated service to touch a greater number of people and provide expert financial advice to underserved communities. Initially an automated account opening and preliminary discovery process will allow users access to our investment advice. The target market for Pythia are generation Y and Z entrepreneurs, aspiring and otherwise.

The release date is to be announced… We will be working with a small group of thought leaders during development. This has been a project of mine for three years now and it is great to see it begin to take form. Stay tuned for invitations for our early release…

Account Minimums are $5000 and $3000 if < 25
Brokerage services offered through Interactive Brokers, LLC. Member NYSE FINRA SIPC and regulated by the SEC.

Time Value of Money Primer

Time value of money (TVM) is represented by the difference in value of some dollar amount of money or cash flow(s) over a period of time, assuming one can earn some sort of return on the money available.

Simple interest is calculated on the principal only while compound interest is when one also earns “interest on interest.” Compounding may be used to describe moving a value or cash flow forward in time:

Future Value=FV      

Present Value=PV

# of years=n

Cash Flow/Payment=PMT

nominal rate of interest=i

FV = PMT(1+i)^n

You have $50,000 to invest. If you think you can earn 7.5% annually, how much might you accumulate in 30 years?

Discounting is known as the process of moving a value or cash flow backward in time:

PV = PMT/(1+i)^n

If you’d like to have $50,000 in 5 years, how much might you have to invest today assuming a 5% rate of return? 

Real returns are sometimes described as the rate of return one receives net of inflation but may be more accurately calculated:

Real rate of return=r

Inflation Premium=IP


One should consider the effect of taxes on earnings as well.

Do you need a will?

An estate is all the rights, titles, or interests that a person (living or deceased) has in any property.

Estate transfer is the act of conveying title to property interests from one person to another. Selecting proper estate transfer alternatives is the key to efficient and effective estate planning.

At death, transfers occur either through probate—i.e., by will provision or according to state law—or outside probate through “will substitutes,” such as trusts, contracts, or the way title is held.

-College for Financial Planning

Estate planning should decrease the amount of property transferred by will upon death. The service of a trust and estate attorney may be necessary.