Before you read my investment outlook for 2018, you must first understand my financial situation and my biases. Our biases often warp our reality by anchoring us to past situations. Permanently left work in 2012 at the age of 34 Net worth got crushed by ~35% in 2008-2009 Small business owner who will benefit from
2018 Investment Outlook For Stocks, Bonds, And Real Estate Read More »
One big goal on Financial Samurai is to highlight to readers what is financially possible. Once you know what is possible, you minimize your limiting beliefs and tend to strive much farther. You can actually save more than $100,000 in your pre-tax retirement accounts per year! Let me explain with some basics first. The 401k
How To Save More Than $100,000 A Year Pre-Tax: Open A SEP-IRA Or Solo 401k Read More »
I started Financial Samurai. Today, I’m 48 and life accelerates as we age. One day you may wake up and find yourself in the middle of a midlife crisis. The key to getting through it without going broke is to create a midlife crisis fund in advance. That and mentally prepare as much as possible.
Create Your Midlife Crisis Fund Before It’s Too Late Read More »
Financial Samurai Goals 2018 is my way of keeping the year focused and on track. My biggest disappointment in 2017 was pushing my mind and my body past their limits. At the age of 40, I no longer have the energy to do what I’ve been used to doing all my life, yet I worked
Financial Samurai Goals 2018: Back To Early Retirement Life! Read More »
Happy 2018 Everyone! Here is my 2017 year in review. Since the year doesn’t really start until the second week of January, I’ve decided to spend more time reflecting. Hopefully you will too on a tropical island somewhere. Before 2017, the best year of my life was when I got married on a cozy beach
Financial Samurai 2017 Year In Review: The Most Difficult Best Year Ever Read More »
Here are some investing lessons from a surreal 2017. It’s always good to learn and review each year to hopefully improve risk-adjusted returns. At the beginning of the year, I decided to track my investments with a detailed spreadsheet. My cash flow was increasing and I wanted to make sure the money was being properly deployed.
Investing Lessons From A Surreal 2017 Read More »
Merry Christmas and Happy Holidays Everyone! Here are the top Financial Samurai posts of 2017. The best thing about hard work is when it’s over. Once finished, you can basically sit back and enjoy all of the rewards if you wish. And if you hustle long enough, you might positively change your life forever. In 2017 I wrote 175 posts, averaging
The Top Financial Samurai Posts Of 2017 Read More »
I firmly believe tax policy changes behavior. The higher your taxes go, the BETTER your life becomes! Why? Because at the margin, the less money you keep, the less motivated you’ll be to work. Since the love of money is the root of all evil, the less time you spend chasing money, the happier you will be. One of
How The New Tax Plan Will Ruin Your Life If You’re Not Careful Read More »
Everybody wants to be happy all the time. Unfortunately, there are a lot of unhappy and lonely people all around us, especially post pandemic. This post looks at happiness by age and how happiness changes over time. It’s interesting to see how much happiness changes at different points in our lives. Thankfully, we tend to
Happiness By Age: Stay Away From 35-60 Year Olds Read More »
If you are looking to hire a financial advisor, this post will discuss some questions to ask before you do. It’s important to hire an experienced financial advisor who actually also has more wealth than you do. Imagine learning how to cook from someone who only knows how to operate a microwave oven. Yum! Those
Questions To Ask Before Hiring A Financial Advisor Read More »
