Blog - Page 239 of 270 - Financial Samurai

First Republican Presidential Debate Makes President Obama A Winner in 2012

74 Comments / Big Government / By Financial Samurai

The September 7th Republican Presidential Debate makes it absolutely clear that President Obama will get re-elected in 2012. Here are my thoughts on each candidate post Republican Presidential debate. I’m editing this post in 2021 and Obama obviously won. Then Trump won. Now it’s Joe Biden’s turn to lead. However, I plan to retire under […]

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An Optimist’s Outlook: Why Not “Unemployment Day” Instead?

28 Comments / Career & Employment / By Financial Samurai

Unemployment day sounds like a good idea. Back in 2011, when this post was fist write, we were just coming out of the recession. Today, it is a similar situation post pandemic. With the US unemployment rate at 9.1%, Americans everywhere celebrated employment by taking Monday, 9/5 off. Does anybody else not find it a

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Is It Better To Give Randomly Or Selectively?

23 Comments / Retirement / By Financial Samurai

Give randomly or selectively? That is the question. One of the funnest things about being a part of the online community is the ability to host giveaways and win things as well. The predominant way hosts choose winners is randomized, likely for “fairness” sake and also so that the host doesn’t have to choose. I can

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Attack Your Debt From All Levels To Improve Your Finances

1 Comment / Debt / By Financial Samurai

With the miserable state of the economy today, some are desperate to find ways to attack their debt. People want to avoid bankruptcy or losing their home and savings. The sad reality for many is that bankruptcy and foreclosure are the only events on their financial horizon. In order to attack your debt and free yourself

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Poker Is Such a Rush Until You Lose All Your Money

36 Comments / Retirement / By Financial Samurai

Poker is a beautiful game. I played extensively from 2010 to 2015 before deciding to walk away. The stakes had crept too high, and I didn’t like who I was becoming at the table. Here’s a story from those days that still makes me shake my head. Poker Addiction Returns Temporarily For the first time

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Earthquake Disaster In Virginia Has People Fleeing And Californians Wondering “Huh?”

20 Comments / Retirement / By Financial Samurai

I live in San Francisco. Therefore, an earthquake disaster may happen one day. It’s not funny to joke about earthquakes, especially since we never know when one will hit. Yes, California always get a bad rap and the big one will come eventually. However, you got to admit there have been some peculiarities about a

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Getting Fired Might Not Be So Bad For Your Life

14 Comments / Career & Employment, Entrepreneurship / By Financial Samurai

Getting fired sucks. You won’t be able to collect unemployment benefits. But it might not be so bad for your life in the long run. On Yakezie.com, I wrote a post about what I’d do if I got laid off tomorrow. Go check it out. I am the perennial optimist and try to see the good

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How Many People Do You Know Are Unemployed?

81 Comments / Career & Employment / By Financial Samurai

How many unemployed workers are there today? The unemployment rate in the US is roughly 4% as of April 2024. However, I’m hard pressed to find anywhere close to 6% of the people I know who are unemployed. If you listen to the media, you’d think the world was coming to an end again. But,

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How Long Does It Take To Become A Millionaire?

64 Comments / Big Government, Taxes / By Financial Samurai

Ever wonder how long does it take to become a millionaire? The answer depends based on your education, income, effort, career, and luck. In my case, it took a little over six years to become a millionaire after college because I landed a good job in finance and saved over 50% of my after-tax income.

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During Market Panics Debtors And Investors Win While Savers Lose

29 Comments / Debt, Real Estate / By Financial Samurai

During market panics, debtors and investors win, while savors lose. Let me explain. I’m feeling a little sadistic right now. A large part of me is hoping the equity markets take a big dump again before the end of summer. Bring on the pain baby! I thought I was absolutely done with refinancing my primary

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