Do you love money or wonder why some people do? Loving money is not a bad thing. It can actually help set you free, which I’ll discuss below. Despite my failed attempt to ascertain whether some people are just born with a frugal gene and thereby able to amass much greater wealth than the average person, […]
It’s OK To Love Money: Money Is Not Evil Read More »
Do frugal people have an unfair competitive advantage when it comes to accumulating a prodigious amount of wealth because they were just born that way? I’m beginning to wonder based on two things that happened recently. 1) Homejoy, a three year old housecleaning startup, decided to close its doors after raising about $40 million in
The Unfair Competitive Advantage Of The Wealthy: Being Genetically Frugal Read More »
Your goal as a homeowner is to enjoy your home and minimize costs as much as possible. If you can convince the property assessor that you live in a dump, then all the better! Unfortunately, in a rising property price environment, minimizing cost becomes much more difficult due to rising property taxes. When things are going
The Property Assessor Always Wins In A Bull Market – Filing An Appeal Is Useless Read More »
Everybody wants to be rich. At least, everybody wants to feel rich. However, there are some things money can’t buy. And one of those things is a USTA 5.0 tennis rating. For all you personal finance and tennis fans out there, this post discusses one man’s rise to 5.0 in 2015 from 4.0 in 2008.
Some Things Money Can’t Buy – How About A USTA 5.0 Tennis Rating Read More »
Sometimes P2P borrowers stop paying. Then what? I’ve been an investor with Prosper, a peer-to-peer (P2P) lending company since 2012. I usually check my account once a quarter to view my performance and to re-invest cash that has come in from borrower payments. Per my latest passive income update, the annualized return of all of the notes in
What Happens When A P2P Borrower Stops Paying? Read More »
When we’re young, we have this idealist image of the way the world should be. Then we enter the work force, get beaten down by the system, and fork over a good amount of our earnings to the government. Suddenly, we’re no longer as much about helping other people or higher taxes anymore. Instead, we’re
It’s Virtually Impossible To Escape The Allure Of Money Read More »
Are you wondering how often should you refinance your primary home mortgage? You’ve come to the right place because I’ve refinanced dozens of mortgages since buying my first property in 2003. The shorter answer is you should refinance your mortgages as many times as possible to save money! Mortgage rates collapsed during the global pandemic.
How Often Should You Refinance Your Primary Home Mortgage? Read More »
In early 2012, I made it a goal to try and achieve $200,000 a year in passive income by 2H 2015. The idea was to somehow make a large enough sum of money to comfortably provide for a family of three or four in Honolulu or San Francisco. With $200,000 a year, I wouldn’t have to go back
Passive Income Update For Financial Freedom 2016 Read More »
The following is a guest post by Sliced Investing co-founder, Mike Furlong. He eagerly left Wall Street to launch this start up. Sliced Investing is backed by Y Combinator, Khosla Ventures, TriplePoint Venture Growth, Data Collective, and Carnegie Mellon. Funny enough, I also left Wall Street so I could focus on Financial Samurai. I spent this
Why I Left Wall Street To Start A Fintech Company Read More »
With the stock market at all-time highs and interest rates zooming upwards, creating a more defensive investment portfolio with bonds may be a good idea. The 10-year bond yield was at 0.51% in August 2020. Today, the 10-year bond yield has risen to about 5%. Therefore, investing in bonds pays more in a defensive investment
Creating A More Defensive Investment Portfolio With Bonds Read More »
