Blog - Page 107 of 264 - Financial Samurai

AcreTrader Review: Unprecedented Access To An Overlooked Asset Class

20 Comments / Product Reviews / By Financial Samurai

AcreTrader is a proud sponsor of Financial Samurai. In my quest to continuously learn about new alternative assets and new promising investment platforms, I’ve invited AcreTrader to write a guest post about farmland investing. During times of uncertainty and stock market volatility, it’s nice to invest in real assets. Mark Twain once said, “Buy land. […]

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The Average Canadian Household Net Worth Is Huge!

101 Comments / Retirement / By Financial Samurai

The average Canadian household net worth is surprisingly huge at roughly $680,000 in 2021, up from $400,151 in 2012 according to Statistics Canada. The average Canadian household net worth is roughly 2X the average U.S. household net worth. In 2025+, the average Canadian household net worth is likely another 10% higher. Not only is the

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The 30/30/3 Home-Buying Rule To Follow

186 Comments / Real Estate / By Financial Samurai

If you’re trying to figure out how much to spend on a house, my 30/30/3 home-buying rule is the best guide I can offer. I developed this rule in 2009 during the global financial crisis, and since then, it has gained worldwide recognition from numerous publications and industry experts. Following the 30/30/3 rule gives you

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Your Car Insurance Coverage Might Not Be Good Enough

53 Comments / Automobiles, Insurance / By Financial Samurai

Having reliable and sufficient car insurance coverage is so important. But how do you know if you have enough? Car accidents are incredibly expensive today! Here’s how I found that out the hard way. Several years ago, I did something stupid. Instead of backing straight out of my parking stall, I turned too soon. As

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Mortgage Interest Rate Extension: The Cost And Why You Might Need One

1 Comment / Mortgages / By Financial Samurai

As soon as your real estate offer gets accepted, you should notify your lender with the relevant ratification documents and lock in a rate. The rate lock is usually for 30 – 60 days. However, sometimes things take longer than expected and you need to get a mortgage interest rate extension. A mortgage interest rate

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Work-From-Home Solopreneur: How I Made The Leap As A Young Father

17 Comments / Entrepreneurship / By Financial Samurai

Right before the pandemic began, I did a fun podcast interview with Andy from Marriage Kids & Money, a work-from-home solopreneur. It was nice to connect with another father of two young children in the online world. Andy took a leap of faith at a very similar age as me in 2012. Although my main

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How Do Hedge Funds Make So Much Money? Best Business Model In The World

24 Comments / Career & Employment, Investments / By Financial Samurai

Are you wondering how do hedge funds make so much money? Working for a hedge fund is one of the most promising ways students from top universities try to get rich. Elephant hedge fund managers make $100-million-a-year CEOs look like mendicants. Guys like David Tepper from Appaloosa, George Soros from Soros, Ray Dalio from Bridgewaters

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Be Rich, Not Famous: The Joy Of Being A Nobody

84 Comments / Retirement / By Financial Samurai

Striving for status and fame is an anathema to the Financial Samurai way. Instead of trying to get famous, it’s much better to just be rich and stealth. When you are rich and not famous, you are more free to do as you please. But things weren’t always this way. When I first started Financial

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Solving The Housing Affordability Crisis By Providing Subsidized Housing

44 Comments / Relationships / By Financial Samurai

I’ve got an efficiency idea that could do my community some good: Provide subsidized housing to those who may need it the most. Given times are more difficult during a pandemic, being able to provide affordable housing may be very beneficial. The remodeling in my new home is almost done. I could move into my

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Why Your Net Worth May Be Much Higher: Lessons From A $655,000 Loss

25 Comments / Real Estate / By Financial Samurai

Your net worth might be much higher and you don’t even know it. This is a realization I came to after receiving some feedback from a reader. In the post, To Pocket List Or List On MLS, I wanted to help home sellers who value privacy to get the best price possible for their homes.

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