I believe the ideal number of credit cards is three or less as stated in my post, “How Many Credit Cards Is Too Many?” One of the main reasons for having three or less is so that you don’t spend too much time chasing after rewards points. Once in a while is fine, but there is […]
A Correlation Between The Number Of Credit Cards One Has And Net Worth Read More »
The main reasons why people want to quit their jobs are plentiful. But the number one reason why people quit is due to a lack of recognition. Providing recognition for a job well done is so easy. Yet, many managers don’t even bother. “Thank you.” “You’re doing great work.” “Way to go!” Such simple words of
The Main Reasons Why People Want To Quit Their Jobs Read More »
Let’s look at ways to add more income to a retirement portfolio. After all, as a retiree, your main goal is to live off your passive income so you don’t ever have to work again. I retired in 2012 with about $80,000 in passive income. However, now that I have a non-working spouse and two
Ways To Add More Income To A Retirement Portfolio Read More »
Since it’s a quiet week with nobody around, I thought I’d do some more mid-year reflecting. This is the Financial Samurai mid-year 2018 personal goals checkup. To hold my feet to the fire, I’ve been setting public goals for a while now. But I’ve mostly just checked in at year-end, leaving me no opportunity to course correct during the year in
Financial Samurai Mid-Year 2018 Personal Goals Checkup Read More »
Here’s the Financial Samurai mid-year 2018 review. After the 10% 1Q correction, I did a lot of reflecting and decided that I had too much risk exposure. As a result, I decided to move from roughly a 70/30 stock/bond weighting down to a 55/45 stock/bond weighting by selling stocks when the market clawed back to even and buying
Financial Samurai Mid-Year 2018 Investment Review And Outlook Read More »
Looking to rent an apartment in a hot market? You need a credit report and a credit score to be considered by landlords. I’ve been a landlord since 2005 in San Francisco and I always ask for a credit score and a credit report. These two pieces of information are basic. The Competitive Rental Market
Yes, You Need A Credit Report AND A Credit Score To Rent An Apartment! Read More »
Between 2H2018 and 1H2019, something funny happened. The Federal Reserve was raising their Fed Funds rate, yet mortgage rates kept on falling. This article explains why are mortgage rates falling after the Fed starts raising rates. Hint: The Fed is not always right. Even though the Fed has slashed rates to 0% – 0.125% due
Why Are Mortgage Rates Falling After The Fed Started Raising Interest Rates? Read More »
Augh, someone just stole your credit card. Now what? Well this happened to me recently. Just when I said nothing much happens with my credit card, somebody goes ahead and steals my credit card! But perhaps “stealing” is the wrong word to use in this situation, so let me clarify. Then I’ll cover the steps
Someone Stole My Credit Card – What To Do? Read More »
When I first wrote about Understanding Structured Derivative Products As An Investment in 2012, I received some pushback. The media was going on about how structured products helped accelerate the financial crisis partly because investors didn’t understand what they were getting themselves into. It was similar to how some adjustable rate mortgage borrowers didn’t understand how their
Examples Of How Structured Products Work And Perform Read More »
A good spending ratio will help you spend responsibly while enjoying your wealth more. For those of you who lack spending discipline, a good spending ratio is a must. I have trouble spending money on things I don’t need because I value the freedom money buys. After enjoying complete financial freedom since leaving workin 2012, I
If You Want To Be Bad, Follow A Good Spending Ratio Read More »
