On February 6, 2025, the White House announced a series of tax cuts primarily benefitting the middle class and retirees. Here’s what’s on the table: The administration is calling this the largest tax cut in history for working Americans, and with Republicans in control of Congress, these proposals are likely to move forward.
Tax Cuts for the Middle Class and Retirees: A Win for Your Wallet Read More »
The beauty of hard work is that any able-bodied person can do it. If you put in more hours honing your craft than the average person, chances are you’ll achieve far greater success than the average person. If you happen to be rich, well-connected, and blessed with movie-star looks, combining those advantages with relentless effort
Don’t Lose Financial Opportunities Due To A Lack Of Hard Work Read More »
As a stock market investor and consumer, I’m disappointed in the new reciprocal tariffs President Trump has imposed—10% on imports from China and 25% on imports from Mexico and Canada, including a 10% duty on Canadian energy imports (oil, natural gas, electricity). If trade wars persist all year without resolution, corporate earnings could take a 2%-5% hit, which means a
Trade Wars Could Be What The Housing Market Needs To Heat Up Read More »
As someone who literally wrote the book on how to negotiate a severance package, I love severance case studies! The second rule of FIRE (Financial Independence Retire Early) is simple: never quit your job—always try to negotiate a severance. If you’re planning to leave anyway, why not attempt to create a win-win scenario and walk
Federal Government Employees, Take The Severance Package Read More »
One adjustment I’m making to my net worth asset allocation is reducing exposure to closed-end venture capital funds while increasing allocation to open-ended venture capital funds. Closed-end venture capital funds follow a traditional model: you commit capital, fund capital calls over several years, and rely on the general partners to make great investment choices. I
The Case For Open-Ended Venture Capital Funds Over Closed Ones Read More »
China’s DeepSeek has shaken up the AI world with the release of an open-source AI model that reportedly outperformed OpenAI’s in several benchmarks. Even more startling is the company’s claim that its AI technology was developed for only $5.6 million. This figure has raised eyebrows, especially as companies like OpenAI and Anthropic have spent hundreds
Deep Panic Thanks To DeepSeek’s Fast, Open-Source AI Model Read More »
Starting on January 20, 2025, Donald Trump became the 47th President of the United States, this time with JD Vance as his Vice President. Let’s dive into what this new Trump presidency could mean for your finances. The failed assassination attempt on Trump was a sobering reminder of how fragile life is, underscoring that unity
What A Trump Presidency Means For Your Finances Read More »
If there’s one thing I don’t recommend, it’s buying stock on margin. Due to the volatility of stocks and high margin interest rates, borrowing money to buy stocks is a bad idea. Conversely, I’m not opposed to buying a home on margin, namely through a mortgage, if buying follows a homebuying guideline like the 30/30/3
Bought Stock On Margin At A 12.575% Interest Rate And Survived Read More »
In this Financial Samurai podcast episode, I speak to Ben Miller, co-founder and CEO of Fundrise about his outlook for residential commercial real estate in 2025. Despite high mortgage rates, he’s taken a positive view and he shares the main reasons why. Listen to my conversation with Ben by click the play button below or go to
Why Residential Commercial Real Estate Looks Attractive in 2025 Read More »
A couple earning $500,000 a year should feel rich, right? That’s top 2% territory in America—plenty of cash to save, invest, and splurge on the finer things in life. Or so you’d think. But when I dive into the financial lives of high-income households, the reality often doesn’t match the perception. Take, for example, this
From Struggling To Living Well On $500K A Year: Escaping the Rat Race Faster Read More »
