There’s nothing better than being free to do whatever you want. However, unless you’re born with a multi-million dollar trust fund, you’ll unfortunately have to work for your freedom. This article will discuss how you can retire early and never have to work again. You can follow my savings guide to increase your chances of […]
How To Retire Early And Never Have To Work Again Read More »
Unfortunately, sometimes dreams don’t come true. In my quest to simplify life, I was blinded by the belief that the rental property I bought in 2003 would also be eligible for the full $250,000 / $500,000 tax-free profit exclusion if I moved back in tomorrow and lived in it for the next two years before
Tax-Free Profit Exclusion: Prorate For Long Term Rentals That Turn Into Primary Homes Read More »
Want to know how to measure you fiscal responsibility? The key is to calculate your FS-FR score. So far, we’ve got the Financial Samurai Debt And Investment Ratio (FS-DAIR). It provides a logical framework for deciding how much to invest and how much debt to pay down every time you have some disposable income. The
How To Measure Fiscal Responsibility: Calculate Your FS-FR Score Read More »
There is strong demand for real estate due to strong demographics, strong job growth, and the desire for more investors to invest in a stable asset class that rides the inflation wave. This post looks at the best cities to buy real estate in America today. Real estate continues to be my favorite asset class
The Best Cities To Buy Real Estate In America Read More »
Instead of embracing the FIRE movement for those seeking financial independence, it may be better to embrace the DIRE movement after such a massive bull run since 2009. For the millions of unemployed Americans thanks to the pandemic, the DIRE movement is real. When I first started writing about achieving financial independence early in 2009,
Move Over FIRE, Welcome DIRE: Delay, Inherit, Retire, Expire Read More »
From a previous post, we know that the average expenditure by U.S. consumers is huge. This post will look at the recommended expenditure on housing, food, transportation and more. According to the Bureau of Labor Statistics (BLS), the latest data for 2019 shows the average U.S. household spends $63,036 a year and earns $82,852 a
Average vs. Recommended Expenditure On Housing, Food, Transportation Read More »
Have you ever received a selfless act of kindness? Perhaps the car ahead paid your bridge toll. Maybe a stranger helped pick up your groceries when the bag ripped open. Or perhaps you received a life insurance payout when a loved one passed away. I hate bad luck. And dying prematurely is the worst bad
Life Insurance Is A Selfless Act Of Kindness Read More »
One of the reasons why I am so enthusiastic about my book, How To Engineer Your Layoff, is I want to teach more people like you how to potentially double or triple your income. You could essentially earn more than you’ve ever earned before. I know some of you are scratching your heads wondering what
Double Or Triple Your Income By Engineering Your Layoff Read More »
You know how you see oil prices drop precipitously on the news, yet when you get the gas station to save some money, you’re disappointed because gas prices haven’t gotten much cheaper? The same thing happens with US Treasury yields (oil) and mortgage interest rates (gas). Mortgage rates are largely influenced by the latest 10-year
Why Mortgage Rates Don’t Drop As Quickly As Treasury Yields Read More »
Understanding what natural disaster insurance is and whether it’s worth it is important if you live in a high risk area. Let’s learn how floods, wildfires, hurricanes, and earthquakes are covered under an insurance policy for natural disasters. I’m a multiple property owner in San Francisco which is a high risk area for earthquakes. Over
Insurance For Natural Disasters: Floods, Fires, Hurricanes, Earthquakes Oh My Read More »
