Financial Samurai is one of the leading independent personal finance sites in the world. Started in 2009, Financial Samurai’s mission is to help readers achieve financial independence sooner, rather than later. Let me share with you The Financial Samurai value proposition and why you should sign up for my e-mail distribution list and free newsletter. […]
The Financial Samurai Value Proposition Read More »
The refinance window only lasts so long. There was a massive refinance window during the global pandemic. However, that particular refinance window has closed. Mortgage rates are now at 17-year highs and the housing market is at a standstill since everybody refinanced in 2020, 2021, and early 2022. When the next refinance window opens, I
The Refinance Window Is Closing: Historical Charts Of The 10-Year Yield Read More »
A number of you have asked me whether you should do a cash-in refinance. So, I’d like to share my thoughts on this interesting scenario. A cash-in refinance is basically when you pay down your existing mortgage to under a certain loan-to-value ratio in order to qualify for a mortgage refinance. Loan-to-value is calculated by
If you want to get ahead, why not just try harder? It sounds simple doesn’t it? Let’s see if trying harder is one key to success. Anybody who knows me realizes I’ve got very little talent in practically everything I do. Complex math was confusing so I stopped at Trigonometry sophomore year in high school.
Why Not Just Try Harder To Get Ahead? The Effort vs. Talent Debate Read More »
It should come as NO surprise to long time Financial Samurai readers that the IRS admitted to targeting conservative groups since Obama became President. The government already discriminates against those who make over a certain amount by charging higher taxes even though they already pay for the majority of all taxes. Meanwhile, the deductions and
How To Avoid An Audit Based On Discrimination By The IRS Read More »
The virtual currency world has exploded with the popularity of Bitcoin and other crypto currencies. This post discusses Olim Dives, a startup before its time. When I first began investing in college with the money I earned from odd jobs in high school, I had no idea what I was doing. Online investing was a
The Virtual Currency World Of Investing With Olim Dives Read More »
Are you wondering how to pay off a lot of credit card debt in one month? Let me show you how. It’s really quite simple. Several years ago, I put around $35,000 on my one and only credit card thanks to a home remodeling project and a new watch purchase. My “reward” was a 1%
How To Pay Off $35,000 In Credit Card Debt In One Month Read More »
Want to make more money? Of course you do. Make time to think differently so you can discover new investment and business opportunities In 2020, the S&P 500 closed up almost 18% for another record all-time high! This was despite the global pandemic crushing businesses and jobs. Just think about this situation for a little
Make Time To Think Differently If You Want To Make More Money Read More »
There is no point making money if you don’t spend it all. If you die with too much money, that means you wasted a lot of energy, time, and nerves. You could have just relaxed more and enjoyed life! Imagine you’re a financially successful 35 year old professional making $250,000 a year. You’re still $400,000
No Point Making Money If You Don’t Spend Your Money Read More »
Before you invest in Chinese stocks, get up to date on the CNY currency aka RMB. The Ren Min Bi (RMB) has a managed peg to the USD which currently stands at roughly RMB 6.78:$1. The RMB has appreciated by a couple percentage points every year for the past decade and there are no signs
Should I Invest In China? A Top Down And Bottoms Up Perspective Read More »
