I’m pleased to bring you a guest post by faithful reader and commenter, Larry Ludwig (bio below). He writes a thought provoking piece about challenging the norm of becoming debt free. You’ll be smarter after reading this, guaranteed! Enjoy, and as always, feel free to debate away! Rgds, Financial Samurai You’ve heard the financial gurus […]
Why Becoming Debt Free Is Not A Great Idea! Read More »
Forbes came out with a fun article highlighting the 5 ingredients helpful for reaching billionaire status. Shockingly, 3 of the ingredients pertain to me, yet I’m far from big bucks wealthy. The only time I ever made a move towards Warren Buffet status was last November when he lost $9.6 billion on paper and I
Forbes Forgot A Key Ingredient For Becoming A Billionaire Read More »
If everybody is rich, it’s OK. But if someone else is rich, it’s not OK. Let me explain. One of the points I write in “Party Like It’s 1999 – 10 Takeaways From This Recession” is that people have short memories. Back in the first quarter of 2009, there was massive populist outrage over Wall St.
You’re Rich And I’m Rich, OK! You’re Still Rich And I’m Not As Rich, Not OK! Read More »
This post was originally published on October 15, 2009, during the global financial crisis. In the past 10 years we’ve come full circle and finally re—re–breached Dow 10,000 yesterday! Bust out the party hats and call up your favorite car dealer, because money is now raining from the sky! I fully admit that being defensive
Party Like It’s 1999! 10 Takeaways From This Recession Read More »
The worst seat on an airplane is still better than being stuck in the office. Don’t fret! For some reason, I generally get stuck in a middle seat close to the bathroom every time I go on a business trip. It’s probably because I leave so little time between take off and check-in that I
The Worst Seat On An Airplane Is The Best Seat In The Office Read More »
I had one mission this weekend, and that was to “high-five” as many famous people as possible. You see, The President’s Cup descended on San Francisco. Thus, I was determined to watch America’s best golfers tee it up against the rest of the world, less Europe (that’s the Ryder’s Cup). Did I succeed in my mission? It
Slapping Hands With Famous People, Saving Money At Events & Priceless Moments Read More »
San Francisco is the best city for millennials and youths. There is so much to offer here. Diversity, great eats, Google, Apple, Twitter, YouTube, Yelp HQ and more! SF is #1! Yet according to the Wall St. Journal, the Top 5 “youth magnet cities” are: 1) Washington DC – Didn’t realized that’s how they spelled
San Francisco Is The Best City For Millennials & Techies Read More »
Alrighty, thank goodness it’s October! It’s now been 35 days since I last spent any money on junk. After declaring September to be frugality month, I’m finally free to splurge on as much junk as I want! Was it painful for a recovering spendaholic to not buy anything other than food for a whole month? Damn straight it
It’s Been 35 Days Since I Last Spent Any Money On Junk Read More »
A reader writes in: “FS, not sure if you heard the news, but Ken Lewis is stepping down as CEO of Bank of America by year end! My colleagues and I work for a boutique bank, and were all hoping Ken would go on an acquisition binge again and take us out at a huge
Ken Lewis from Bank of America is Gone! Noooo!! Read More »
Wall Street Pay Regulation – How to Create a Win-Win Situation Much has been written and debated over whether the government should regulate Wall Street bankers and traders’ compensation. The proponents and the detractors each have valid arguments to support their thesis. It is all but certain that some form of government regulation will be
Wall Street Pay Regulation – How to Create a Win-Win Situation Read More »
