Everybody is getting pumped about the new wave of tech IPOs. These SF Bay Area tech IPOs include Uber, Lyft, Airbnb, Slack, Pinterest, and more. Although some had a hard start initially, all tech IPOs have pumped billions into the SF Bay Area economy. The default assumption is that these tech IPOs will bring in […]
How New Tech IPOs Could Cause SF Bay Area Real Estate Prices To Fall Further Read More »
Do you really want the financial freedom to do what you want when you want? Are you willing to make sacrifices today so you can be free tomorrow? If you aren’t willing to delay gratification, I’m not sure you want financial freedom bad enough. In 2009, with the launch of Financial Samurai, I kickstarted the
Financial Freedom: Maybe You Don’t Want It Bad Enough Read More »
Whether you are unemployed by choice or due to unfortunate circumstance, having health insurance is a must. According to The American Journal Of Medicine, 62% of all bankruptcies in 2007 were health related and that’s before the economic meltdown. What’s more frightening is that back in 2001, health related bankruptcies were “only” 45% of total.
Cheap Health Insurance Options For The Unemployed, Self-Employed, Or Early Retiree Read More »
The fear of running out of money in retirement is a rational one. After all, you’ve spent your entire career making and saving money, not pilfering your retirement accounts. But as someone who has been retired, or at least semi retired since 2012, I’m here to tell you the fear of running out of money
The Fear Of Running Out Of Money In Retirement Is Overblown Read More »
A Grantor Retained Annuity Trust or GRAT is a way to transfer future gains tax-free to your heirs. If you’re blessed with a lot of assets, setting up a GRAT may save you millions in estate taxes. As responsible parents, my wife and I set up a revocable living trust. In case of our untimely
How A Grantor Retained Annuity Trust (GRAT) Can Save You Millions In Estate Taxes Read More »
In my Quora e-mail digest, I stumbled upon the most amazing and heartfelt estate plan I’ve ever read. A user asked: If you were left millions in your parent’s will, but your brother or sister were left nothing, would you give them some money? I think the large majority of us would say, “absolutely yes.”
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Without healthcare subsidies, healthcare in America is extremely expensive. For example, my family of four is paying $2,500 a month for a Gold plan because we are receiving no healthcare subsidies. We would get a Platinum plan, but it’s simply too expensive. If we reduced our income to be no greater than 400% the Federal
The first rule of financial independence is to never lose money. If you lose lots of money, you ultimately lose lots of time. And time is your most valuable asset. Don’t go too backwards! The second rule of financial independence is to never forget the first rule. As one of the founders of the modern-day
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Whenever I write about an investment decision I make in a post or newsletter, someone gets upset. I’ll get a spiteful comment about how I’m market timing my decision. What someone does with their money has no bearing on what happens with your money. You have the freedom to make one giant paper money statue
Every Investment Decision You Make Is Market Timing Read More »
Want to earn more money and pay less taxes? We all do. Let’s talk about three of my favorite ways to earn more and pay less. John F. Kennedy once said, “Ask not what your country can do for you, ask what you can do for your country.” I took his message to heart when
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