Retirement

Be A Sloth and Don’t Roth – Why Converting To A Roth IRA Is A Mistake!

If I read one more biased article pushing people to convert to a ROTH IRA I’m going to lose it!  Not to be melodramatic or anything, but the lack of unbiased analysis is like seeing a sea of zombies instructed to walk off a cliff. Wake up zombies, wake up!  Don’t make a decision without […]

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The Katana: TSF Performance, Income Poll, Winners, Good Reads 1/10

The S&P showed five consecutive days of gains in the first week of 2010 to close up 2.68%.  Meanwhile, The Samurai Fund (TSF) outperformed by 200 basis points to close up 4.77%! I’m feeling good about the TSF performance this week. TSF Performance For an actual fund of 17 positions, this is absolutely huge! We are

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Book Review & Giveaway: “Your Money Ratios”

Your Money Ratios is a book by Charles Farrell. Your Money Ratios can help you get a better handle on your finances. Publisher: The Penguin Group.  Hard cover. 257-pages. Price: $26. Author: Charles Farrell, JD., LL.M., investment adviser with Northstar Investment Advisors, in Denver. He writes the “Retirement Roadmap” column for CBS Moneywatch. Review: “Your Money

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Merry Day After Christmas! Santa Bring You Everything You Wanted?

Hope everybody had a wonderful Christmas! We spent time catching up with family and exchanging small gifts. Nobody went overboard on spending, which is exactly the way we all like it. My parents have a penchant for re-gifting things for Christmas from many years ago. And most of this year’s presents are no different.  One of the

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How Would You Spend $500 On Kids This Holiday Season?

Unbelievably, “Are Credit Cards Weapons Of Mass Financial Destruction?” won CreditCardChaser’s $500 AMEX Love/Hate challenge! I plan to use the proceeds to purchase toys for underprivileged youth. And in the spirit of personal finance discussions, I’m curious how you would spend $500 on kids if the choice was yours. I’ll share 5 possible ways to

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Book Review: “America, Welcome To The Poorhouse”

Jane White’s book America, Welcome To The Poorhouse is an angry rant that you just may agree with incessantly. Author Bio: Jane White is Founder & President of Retirement Solutions, LLC, which promotes 401(k) reform and provides investment education. Publisher: FT Press. A compact 247-pages in hardcover. Summary: America, Welcome To The Poorhouse is one angry,

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The Katana: Don’t Count Out The US Consumer! 11/30

Thanks for reading Financial Samurai! Here’s a look back at what was happening the week of 11/30/2009. The US consumer was strong despite a bumpy stock market. Funny enough, much the same can be said today in 2021. The US consumer is alive and kicking! With the world stock markets crashing last week, nobody really

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Use The Sandwich Method To Provide Constructive Criticism

There’s a fine line between being a jerk and being constructive.  As a parent, manager, spouse, or friend, most of the time we just want what’s best for others.  The problem is, we’re afraid to offend and we therefore lose any ability to help. There’s no better reward than advising someone how to improve, and then watch

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The Katana: Nobody Really Cares More About You Than You 11/22

After observing the users of promotion sites like TIP’d on Twitter, I’ve come to the conclusion that there needs to be an endless amount of self-promotion to initially move up the rankings. Nobody really cares more about you than you though. It just feels weird asking for votes. So I don’t think I’m going to bother

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