When Should You File A Tax Extension? The IRS Recommends Getting Into Debt To Pay On Time

Some people have asked me whether they should file a tax extension (tax form 4868) if they can’t afford to pay their tax bill. Unfortunately, being unable to pay your taxes isn’t a reason the government accepts to file an extension. Neither is procrastination. The only reason I can think of for filing an extension is

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Financial Samurai 1Q2018 Investment Update And Outlook

This is the Financial Samurai 1Q2018 investment update and outlook. Hopefully everyone got some laughs this April Fool’s! It’s always good to poke fun at yourself once in a while to stay grounded. Yes, Twitter is indeed like high school where there are gang ups, non-stop gossiping, and outbursts of hormonal rage. One of the

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Creating The Next Best Frugal Site: Introducing Frugal Wonderful

Let me introduce to you the next best frugal site: Frugal Wonderful! A buddy of mine who so happens to be a very successful frugal blogger gave me some incredible advice recently. He said, “Sam, you’re doing it all wrong focusing on the mass affluent / aspirational niche. Instead of writing about investing, entrepreneurship, and

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How Low Interest Rates Increase The Value Of Income Producing Assets

Income producing assets is what it’s all about in a low interest rate environment. Eventually, interest rates will come down again and risk asets will increase in value. There was surprisingly little debate regarding my passive income investment rankings. Figuring out the five factor scores for each of the seven investments took about 10 hours

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Should I Take Profits And Sell Stocks? You Can Never Lose If You Lock In A Gain

There are growing concerns that the bull market has come to an end in 2024 and it’s now time to take profits.  Downturns seldom ever last for just 6 – 12 months. It’s never worth raising some cash to live to see another day. I finally sold my rental house in San Francisco that went

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