I truly believe there are fortunes to be made every single day if we look hard enough. The problem is, we all get busy with our lives and don’t really bother. But I know you’re curious about how to become a better investor because you found this post. Let’s look at some insightful investment lessons […]
Investment Lessons From The Most Profitable Trades Read More »
Happy Holidays Everyone! Year in review posts are one of my favorite posts to write because we tend to forget some of the things that happened in the first half of the year in favor of things that happened in the second half of the year. This type of cognitive bias is the reason why
Financial Samurai Personal Year In Review 2014 Read More »
Are you wondering what’s life like as a financial advisor? You’re in luck as the following guest post from Ben comes on the heels of “Should Your Financial Advisor Be Richer Or Smarter Than You?” where I discuss the plight of the less experienced wanting to break into a notoriously difficult industry with a high
What’s Life Like As A Financial Advisor? Depends On Your Pain Tolerance Read More »
I met up with a friend of mine the other day for a function. He rolled up in a new Lexus IS350 that costs about $43,000 out the door. Immediately, I was envious of his wheels given I just drive a $20,000 Honda Fit named Rhino. My thoughts of doing the economical thing of buying
Your Friends Really Do Influence Your Spending Habits Read More »
It’s always a good idea to make more money. If you can make more money by doing nothing, all the better! The key way to make money doing nothing is to invest. Even if your investments don’t appreciate in value, they will spit out passive income if you invest in the right assets. But let
How To Make More Money By Doing Nothing Read More »
This post shares some career advice for women from female CEOs. Women are underrepresented in leadership positions. Therefore, I think it’s great to support more women in climbing up the corporate ranks. You might be surprised to know that Financial Samurai’s CEO is a woman. My wife! She’s been the CEO since I started this
Career Advice For Women From Female CEOs Read More »
Edward Wolff, a professor of economics at NYU put together a really shocking median net worth chart over time in 2013 dollars I wanted to share with everybody. The data highlights the median net worth four years after the 2009 global financial crisis. The main takeaways are: 1) The median net worth of middle class
The Median Net Worth Of US Households Over Time Has Gone Nowhere Read More »
As a parent, there’s nothing more rewarding than helping your kids. They’re born into this world completely helpless and need you to grow and thrive. It’s a parent’s duty to help, love, and support. But, what about helping distant relatives, friends, or even complete strangers? Do you feel it’s our duty to help if we
Do You Feel It’s Our Duty To Help If We Can? Read More »
One of my readers on The Spending / Savings Balance post asked why I should feel bad spending money on remodeling my house when it should be considered an investment, so long as I don’t go over board. The truth is that when I was cutting multi-thousand dollar checks every week, I was telling myself
Be Careful Justifying Your Spending As An Investment Read More »
This post will look at the average FICO credit score for approved and denied mortgage loans over time. Since the global financial crisis in 2008, the average FICO credit score for approved mortgages has gone up. The real estate market is ever changing. Low mortgage rates help increase demand while rising rates can soften buyers
The Average FICO Credit Score For Approved And Denied Mortgage Loans Read More »
