The government introduced new legislation to tax all “big banks” 0.15% of their assets to recoup about $120 billion in TARP money. What’s interesting is that the government is also taxing banks who did not receive TARP money, while conveniently leaving out AIG and the auto industry! Three Takeaways From Asymmetric Regulation: 1) Because the […]
Taxing All Big Banks Is A Double Standard And Is Unconstitutional Read More »
Was there ever a time when you thought you had to do more just to get noticed? You’d put on antics, pretend to be someone you’re not, and self praise one too many times when all you had to do was just be yourself. I recently saw a scene in the show Glee that really emphasized
Be Yourself, It’s Always The Best Way To Go Read More »
So far over $7 million has been raised to help Haiti by just texting the word “HAITI” to 90999. You’ll get a confirm receipt from your mobile carrier once sent. Please consider donating! This week on Financial Samurai, we’ll share our thoughts on the latest government rhetoric, highlight a guest post by Flexo, introduce a new
The Katana: Help Haiti If You Can 1/17/10 Read More »
As one can guess, higher paying jobs leads to higher costs of living. In fact, more than half of the 20 cities surveyed by the US Census Bureau are based in California. Let’s look at where Americans pay the most to live and why. How is it that California is so dominant in the expensive costs
Where Americans Pay The Most To Live And Why Read More »
Get Financially Naked is a fun, quick read on the importance of talking about your finances with your significant other. There are some great insights on how to talk about the most important aspects of money. The more you share, the better your future is bound to be. Author Bios: Manisha Thakor and Sharon Kedar
Book Review & Giveaway: “Get Financially Naked” Read More »
If I read one more biased article pushing people to convert to a ROTH IRA I’m going to lose it! Not to be melodramatic or anything, but the lack of unbiased analysis is like seeing a sea of zombies instructed to walk off a cliff. Wake up zombies, wake up! Don’t make a decision without
Be A Sloth and Don’t Roth – Why Converting To A Roth IRA Is A Mistake! Read More »
The S&P showed five consecutive days of gains in the first week of 2010 to close up 2.68%. Meanwhile, The Samurai Fund (TSF) outperformed by 200 basis points to close up 4.77%! I’m feeling good about the TSF performance this week. TSF Performance For an actual fund of 17 positions, this is absolutely huge! We are
The Katana: TSF Performance, Income Poll, Winners, Good Reads 1/10 Read More »
Craigslist is such a fun place to surf and save money. I’ve sold a lot of junk, found some last-minute tennis partners, and even purchased some cool retro Air Jordans on the site. There’s a sale everyday on Craigslist, hence why would you ever pay full retail? You can even get massively entertained in the
The Best Post on Craigslist And It’s All About Love And Money Read More »
Your Money Ratios is a book by Charles Farrell. Your Money Ratios can help you get a better handle on your finances. Publisher: The Penguin Group. Hard cover. 257-pages. Price: $26. Author: Charles Farrell, JD., LL.M., investment adviser with Northstar Investment Advisors, in Denver. He writes the “Retirement Roadmap” column for CBS Moneywatch. Review: “Your Money
Book Review & Giveaway: “Your Money Ratios” Read More »
There was once a time I felt very sad every time an ambulance zoomed by with sirens blazing. I knew someone was suffering, and sorrow would fill my heart not only for the injured, but also for the person’s family and friends. Nothing is permanent, and the ambulance reminds me of this fact every time
An Ambulance Screams By, Do You Feel Happy Or Sad? Read More »
