Every single startup’s dream is to get acquired or go public for big bucks. However, there is a downside for a startup getting acquired as well. Mainly capped upside and employees getting screwed. In the fintech world, the startup acquirers are the large financial institutions like Fidelity, BlackRock, JP Morgan, and Bank of America with billions […]
The Downside For A Startup Getting Acquired Read More »
If you want to achieve financial independence, focus on building net worth even more than growing income. A big net worth gives you more flexibility. You are also taxed at a lower rate. A high income is great. But W2 income is taxed at the highest rates. Instead, you want to generate as much investment
Focus On Building Net Worth Even More Than Growing Income Read More »
Love your colleagues. If you love your colleagues, you will get paid and promote faster. Everyday, we are inundated with e-mails. I personally get over 300 a day, and other colleagues I’ve heard get 500. Despite many of the e-mails being largely irrelevant, or impersonal given the blast distribution trend, it’s worth responding every once
Love Your Colleagues Thirty Minutes A Week Read More »
Are you wondering how to make people happy all of the time? I’m not sure that’s a wise endeavor, but let’s see if we can try. When I was ruminating on whether or not to go back to work after two years of absolute freedom, my friends all thought I was crazy. “What if your
How To Make People Happy All Of The Time Read More »
When I left my job in early 2012, I made it a goal to achieve a $200,000 annual passive income figure by June 2015. At the time, I had around $80,000 in annual passive income and figured why not shoot for $200,000 in order to never have to go back to work again. In those days, 4% interest rates
A Long Road Home: Financial Samurai Passive Income Update 2017 Read More »
Consumer debt is bad. Please don’t accumulate credit card debt and other debt if you want to achieve financial freedom. During the depths of the financial crisis, one of the proposals I sent to the Obama administration was to institute spending curbs based on high school or college grade point averages. It didn’t matter whether
Should We Still Be Spending Money And Having Fun While Deep In Consumer Debt? Read More »
When you’re interviewing for a job, first impressions are everything. To start, wearing the appropriate interview attire is key. Over at “Laid Off And Looking”, one of the bloggers posts about the “Perils of Interview Attire.” He received positive feedback about his skills, but a middle manager told him after his second round that he
You’re Not Going Clubbing! Interview Attire 101 Read More »
Do you want to avoid paying taxes? Most of us do. Let’s look at how one company legally found a way to avoid paying taxes through a complicated company holding structure. “Take money from your right pocket and put it in your left pocket. Now you have yourself a solution.” – Anonymous One of the
A Beautiful Way To “Legally” Avoid Paying Taxes And A Legal Settlement Read More »
Crowdsourcing knowledge is a good idea if you want to invest in commercial real estate. Commercial real estate is one of my favorite asset classes to build wealth post the pandemic. I particularly like residential and industrial properties in the Sunbelt, where Fundrise mainly invests. Office properties in coastal cities look like good value as
Crowdsourcing Knowledge For A Commercial Real Estate Investment Read More »
The following is a guest post from John, a regular reader of Financial Samurai, on how to earn a six figure income right out of college. My first interaction with Sam was a comment I made on what would become one of Financial Samurai’s most popular posts of all time: The Average Net Worth For The Above Average
How To Earn A Six-Figure Income By Age 21 Read More »
