The IRA is a pre-tax retirement vehicle available to most people who work for an employer and make less than $73,000 a year. For single filers who are covered by a company retirement plan in 2018, the deduction is phased out between $63,000 and $73,000 of modified adjusted gross income (MAGI). For married filers, if you are […]
How Much Should I Have Saved In My IRA At Various Ages? Read More »
A do it yourself investment checkup guide is vital for all DIY investors. I’ve been a DIY investor since 1996, when I invested in my first stock online through Ameritrade. Investing myself lead me to a career on Wall Street in equities and then to starting Financial Samurai in 2009. Everybody should get in the
A Do It Yourself Investment Checkup Guide Read More »
The government suspends my driver license one year. I want to share my story. To the drivers out there who work very hard to deliver our packages and safely transport our citizens, to the employees out there who commute an hour each way to jobs you don’t like to provide for your family, to the entrepreneurs out
The Day The Tyrannical Government Suspended My Driver License Read More »
Hear that? That is the sound of another self-righteous employed person complaining about the unemployed sucking up resources and driving the government deficit further into the red. Who cares employed people?? You guys aren’t the ones who are struggling to find a job in this economy! Several Truths About Being Unemployed 1) Few can live a
Why Are The Employed So Smug About The Unemployed? Read More »
EQ (emotional intelligence) is more important than IQ. I don’t care how smart you are, if you are a weird and selfish prick, you won’t get as far as someone who is less smart, but gets along with everybody. In a previous post, I discussed how I was able to stay at a $2,000/night hotel for
How To Develop Emotional Intelligence: The Key To An Easier Life Read More »
Negotiating using the BATNA technique is huge for saving you money or making you more money. Last year, after playing an afternoon tennis match at my club, I decided to switch on my Uber driver app to try and catch a fare heading home. Making money by going in a direction I planned to go
Negotiate Better Deals With BATNA: A Winning Uber Transaction Read More »
Everything is a race against time. A dream home is what we all dream of. A dream home is like a forever home to live a great life. Every time I travel for business, one of my favorite activities is to attend a broker’s tour to get a feel for the local real estate market. The activity
A Race Against Time: Buying A Dream Home With My Parents Read More »
Consider increasing passive income through leverage and arbitrage. I did just that in 2014 when I bought a new home just five miles west of where I used to live in San Francisco. I took on a new mortgage to buy this home and I ended up renting out my previous home for $7,500 –
Increasing Passive Income Through Leverage And Arbitrage Read More »
Let’s look at some investment strategies for retirement baed on modern portfolio theory. As a retiree, you are focused more on capital preservation since you can’t or don’t want to go back to work. After publishing my post, The Best Asset Allocation Of Stocks And Bonds By Age, I decided to do a comparison of what
Investment Strategies For Retirement Based On Modern Portfolio Theory Read More »
Today, driving for Uber sucks. The pay is too low and the customers are not great. With the global pandemic, business is down a lot. This post highlights what it was like driving for Uber back in 2015-2016, when it was all the side-hustle range. I never planned to drive for Uber. It just happened.
What’s It Like Driving For Uber? Mixed Emotions Of Hope And Sadness Read More »
