Financial Samurai

Bloomberg highlighted an interesting chart stating that for the first time ever, working seniors outnumber teens in the labor force.  Currently 6.6 million people over the age of 65 are working or are looking for work compared to 5.9 million 16 to 19-year-olds.  Back in 1948, the numbers were only 2.9 million people over age 65 and 4.4 million teens, respectively.

This chart has enormous implications for the American workforce as people live longer and longer.  Let’s go into the reasons why there’s been a decline in teenage workers and such a rapid increase in older workers shall we?

TREND ANALYSIS Read more…

Rock Balancing in San Francisco

After my parents pep talk in the 9th grade, I realized there were two things I had to do in order to survive high school: 1) use my brains and 2) develop some pythons.  In other words, getting good grades, joining student government, and being a history buff wasn’t enough.  Sure, I may have an easier time getting into some fancy college, but how was I supposed to get into girls?  “Hey pork chop, did you know that General Lee surrendered on April 9, 1865, marking the end of The Confederacy and the Civil War?  Lez go out tonight!”

“Girls, Girls, Girls” by Motley Crue played incessantly in my head at the time.  Frankly, I can’t imagine it being much different for a lot of other teenage boys.

I made it a rule to balance the mental with the physical by playing sports.  As a teenager,  I had a strong fear that I was going to be stuck in nerdom if I didn’t.  I was a study machine who needed balance.  The sports that attracted the most groupies were football and basketball, but I was too chicken sh*t to bang down low.  I chose tennis instead, which had decidedly less groupies.  Good thing all you really need is one!

In the 11th grade, this cute girl slipped a note in biology lab with a cut out from Teen Magazine entitled, “You Know Your Boyfriend Is A Keeper If..“.  To my surprise, #1 said: “Your man is the captain of his high school varsity tennis team!“  Shwing!  As captain of the HS varsity team, needless to say we had a frolicking good time….. studying for our biology lab final of course.

THE OLDER THE WISER, PERHAPS Read more…

I’m always searching for new ways to make money and regular reader, Joel (aka CreditCardChaser) provides some very unique insights on a new asset class, domain names!  I remember back in 2000, Korea.com was sold for $5 million bucks to the government and I thought gosh dang!  After reading this article, hopefully we’ll all have our own success in something so potentially lucrative. Enjoy!  Sam-urai

Chances are that when you read the term “domain name investing” you immediately have the following questions pop up:

1. Umm [insert embarrassed pause here], what exactly is a domain name anyway? Do you mean like a website? (No)
2. What in the world is domain name investing and why should I care?
3. How would I go about investing in domain names in the first place?

My goals for this article are to show you that: A) Domain names have inherent value B) Domain names can potentially be a great asset class to invest in and C) Give you some practical guidance on how the domain name investing process works.

Domain Name Definition Read more…

Roger Federer Winning Wimbledon

According to Harris Interactive,  the most popular male athlete in America is Tiger Woods, and the most popular female athlete is Serena Williams.  This got me thinking…. hmmmm, America is absolutely obsessed with football, baseball, and basketball and yet golf and tennis are #1!  Since High School, the stereotype has always been that nerds played golf and tennis, and jocks played the other sports.  So, what’s up with this latest poll?

The Financial Samurai theory:

* Whoever controls the most amount of money is the most influential, and therefore, the most popular.   The reason why Tiger Woods makes $100 million a year is because he generates billions in incremental revenue.  Since nerds by definition get better grades,  they may go to better schools  and get better paying jobs.  Therefore, their chances of making more money increases.  More nerds play golf and tennis, and therefore spend more on those sports. Read more…