There’s a good saying in the poker-playing community, “If you don’t know who the sucker is at the table, it’s you.” Given work compensation (cash or stock) is likely the #1 source of wealth for the vast majority of people, I think it’s important we have a thorough discussion on stock options so you don’t […]
Stock Options Are For Suckers Who Accept Below Market Rate Pay Read More »
Are you finding yourself in a difficult financial position? This post discusses how to accept financial help from your parents without feeling like a loser. Ever since high school, I’ve felt I’ve been a burden to my parents. I got in a lot of trouble as a kid and therefore felt extremely guilty accepting their financial support.
How To Accept Financial Help From Your Parents Without Feeling Like A Deadbeat Loser Read More »
It took a lot to successfully refinance my mortgagee. The mortgage industry is tight due to the pandemic. There’s a rent moratorium and millions more unemployed. Banks are much more stringent now, especially with higher rates and a potential recession. Here’s a recap of what it took to successfully refinance my last mortgage. It was
What It Took To Successfully Refinance My Mortgage Read More »
If you’re interested in learning how to copyright a song and earn royalties, this post is for you. I copyrighted a lullaby when my son was born in 2017. I am also a national bestselling author of Buy Not That and How To Engineer Your Layoff, where I also have copyrights with the Library of
How To Copyright A Song And Earn Royalties: Introducing Cutie Baby Read More »
Can cash be considered an investment? I think cash can, especially if the stock market starts tanking. However, most of the time, cash is seen as a returns drag given cash pays so little. There’s a debate going on between Charles Schwab, who launched its Charles Schwab Intelligent Advisors service (robo-advisor), and existing robo-advisors, Wealthfront and
Can Cash Be Considered An Investment? Or Is Cash One Big Drag? Read More »
Once your housing expense is under control, the next thing to tame is your consumption habits. The most common waste of money today is buying an automobile. New cars are simply too expensive for the median household income. But because car manufacturers have created ways for consumers to stretch with financing and leasing deals, consumers
The 10X Investment Consumption Rule To Fix Bad Spending Habits Read More »
Below is the Financial Samurai passive income portfolio update for 2018 and for 2021. I’m revisiting this post in 2021 to see how far I’ve come since 2018. Ever since landing my first job post college in 1999, I’ve been determined to build enough passive income in order to not have a job. A future that
Financial Samurai Passive Income Portfolio Update 2018 / 2021 Read More »
Savvy investors seek the most return for the least amount of effort. Therein lies the appeal of triple-net properties, which offer the chance to work with major commercial tenants while at the same time handing off some of the biggest responsibilities any property owner will face. Triple-net may align with your goals if you’re seeking
Triple-Net Properties: An Ideal Source Of Passive Income Read More »
Congratulations everyone! With the stock market, real estate market, and many other assets doing so well, many of us are rich! In fact, there are are record number of millionaires in the world. However, some people still don’t think they are rich. Let’s see how to tell if you’re rich even if you think you
How To Tell If You’re Rich Even If You Think You Aren’t Read More »
How do you know if you’re rich? Well let me share when you know you’re still not rich yet! Sometimes I go to bed thinking how good life is. From the joys of breathing in clean air to the freedom of making money anywhere there’s internet access, life is pretty great. Sometimes I even go
Here’s When You Know You’re Still Not Rich Yet Read More »
