Nobody enjoys a stock market downturn, especially those who rely more on returns to survive due to a lack of active income. But as parents, we can use these sell-offs as an opportunity to help turn our kids into future millionaires. Although I’m a perennial optimist, I believe our kids are kind of screwed. The […]
Use Stock Market Downturns To Make Your Kids Millionaires Read More »
In 1997, Gary Winnick founded Global Crossing, a company with the bold vision of laying undersea fiber-optic cables to build a global IP-based telecommunications network. It was a massive infrastructure play, designed to form the core transport layer for the internet, connecting data centers and network hubs worldwide. But as visionary as the plan was,
The Last Mile Is Where Success Is Made: Always Close The Loop Read More »
To celebrate the launch of my instant USA TODAY bestseller, Millionaire Milestones: Simple Steps To Seven Figures, on May 6, 2025, I thought it’d be fun to explore various millionaire topics leading up to the release. For most millionaires, owning the nicest house they can afford is a top priority. Given that many of us
Income And Net Worth Required To Afford A $10 Million Home Read More »
When it comes to saving for retirement, knowing which account to fund first is like knowing which steps to take when climbing a mountain. You want to reach the summit with enough oxygen (money) and energy (tax efficiency) to enjoy the view. For those aiming to retire early, funding retirement accounts in the right order
The Early Retiree’s Guide to Funding Retirement Accounts Read More »
Only when the stock market goes down do people start to wonder whether they have too much exposure to stocks (equities). Questions arise: Should I cut back? Should I buy the dip? What’s the appropriate allocation to stocks right now? While the answer depends on many variables—your risk tolerance, age, net worth, current asset allocation, and
How To Easily Determine The Right Amount Of Stock Exposure Read More »
After three years of writing and editing, I’m thrilled to finally share the release of my new USA TODAY bestseller, Millionaire Milestones: Simple Steps To Seven Figures! If you’ve enjoyed my writing on Financial Samurai over the past 16 years, you’re going to love this book. It is an instant USA TODAY national bestseller. With
New Book! Millionaire Milestones: Simple Steps To Seven Figures Read More »
When it comes to selling a home, first impressions are everything. Yet, many sellers make the mistake of thinking buyers can look past an empty room, outdated furniture, or a poorly lit space. The reality? Most buyers have little imagination. They struggle to visualize a home’s true potential unless it’s presented to them in a
Staging A Home Is Worth It Because Most Buyers Lack Imagination Read More »
The first year after purchasing a house is the most dangerous and potentially challenging period. This is particularly true for first-time homebuyers who likely stretched their finances to achieve a 10 percent or greater down payment, leaving their liquidity quite thin. Once you’ve secured the house, you are inevitably confronted with unknowns that only become
How To Survive The Most Dangerous Time After Buying A House Read More »
DUPs stands for Dual Unemployed Parents. If inflation stays stubbornly high and the stock market corrects once more, I suspect there will be more DUPs on the horizon. According to USA Facts, there were approximately 38 million single-income households in 2022. According to the Bureau of Labor Statistics, there were about 10.9 million one-parent family
The Precarious Life of Dual Unemployed Parents (DUPs) Read More »
Creating an investment game plan is a crucial part of building lasting wealth. Without one, you’re likely to accumulate far less over your lifetime. When the S&P 500 briefly corrected by 20% in 2025, we officially entered another bear market. Historically, bear markets have lasted about two years on average, but this one was shorter
My Bear Market Investment Game Plan: Adjusting the Strategy Read More »
