Since I left my day job in 2012, I’ve been constantly preparing for economic devastation. I had to because I no longer had a safety net. My plan was to take a leap of faith and succeed. It would have been too embarrassing to ask for my old job back if I had failed. Besides, […]
Economic Devastation Might Be Exactly What We Need To Win Read More »
In the good old days, several friends and I liked having beers after each softball game. We got to discussing what is the one ingredient necessary for achieving financial independence early. Here were some of their responses: All of these ingredients are important for helping all of us achieve wealth and financial independence. However, the #1
The One Ingredient Necessary For Achieving Financial Independence Read More »
So you want to write a book but aren’t sure if it’s worth your time. As a published author of both an ebook and a traditional hardcover book, let me share with you the pros and cons of being an author. Given the success of my Wall Street Journal bestseller, Buy This, Not That, I’ve
Should You Write A Book? Pros And Cons Of Being An Author Read More »
There are may benefits of owning stocks over real estate. We’ve already discussed why I prefer real estate over stocks for most people. Now it’s time to argue the other way. I’ve been an investor in both stocks since 1995. I’ve also been an investor in real estate since 2003. Both asset classes are core
The Benefits Of Owning Stocks Over Real Estate For Certain Investors Read More »
Sometimes you take a leap of faith with and your dreams don’t come true. That’s OK because at least you won’t regret never trying! In this article, taking a leap of faith means trying your hand at entrepreneurship. Entrepreneurship means leaving the comfort of a steady paycheck and benefits to make money from an idea.
What If You Take A Leap Of Faith And Your Dreams Don’t Come True Read More »
Getting ahead based on merit is the ideal scenario. Having success given to you based on anything else strips away the satisfaction of earning what you deserve. For the health of your soul, you want to earn what you deserve. Since 2020, however, there seems to be a growing “war on merit.” The San Francisco
How To Survive The War On Merit: When Hard Work Isn’t Enough Read More »
“What happened to your friend who bought Tesla stock on margin,” a reader asked. He likely lost a lot of money, but I haven’t asked for details. That would be rude. On March 31, 2021, I published a post entitled, Buying Stocks On Margin Is A Bad Idea: You Could Lose Big. I wrote the
Losing All Your Money Investing On Margin Is Not The Worst Thing Read More »
Happy New Year everyone! I’ve made goals publicly for over ten years because it helps keep me accountable. Making goals also makes the year more exciting and challenging. Hence, here are my goals for 2023. Once again, I’ve divided the goals into five categories: Health, Wealth, Family, Financial Samurai, and X-Factor. My goal is to achieve
2023 Financial Samurai Goals: Back To Easy Living Read More »
We made it! My goal for 2022 was to do less work and have more fun. 2020 and 2021 were difficult years thanks to the pandemic so I needed a break. Overall, I give 2022 a B+. The year was great from a family and health standpoint. But the year was piss poor from a
2022 Financial Samurai Year In Review: Family Over Money Read More »
In 2022, I published 156 posts on Financial Samurai. Every post is written based on firsthand experience because money is too important to be left up to pontification. For background, I worked in finance from 1999 – 2012. Along the way, I got my MBA part-time in 2006 and started Financial Samurai in 2009. Since
The Best Of Financial Samurai 2022: Just Keep Showing Up Read More »
