If you’re a homeowner looking to live for free, buying Treasury bonds today likely will. After an aggressive hike in the Fed Funds rate since the beginning of 2022, three-month treasury bills are yielding over 3.3% and one-year treasury bills are yielding over 4%. Once you’ve got your housing expenses under control, life becomes much […]
Time For Homeowners To Buy Treasury Bonds To Live For Free Read More »
Decumulation is the process of spending down your net worth so you don’t die with too much money. If you die with lots of money left over, you’ve essentially wasted all the time and energy it took for you to accumulate that money. At the same time, nobody wants to run out of money before
The Best Decumulation Age To Start Spending Down Your Fortune Read More »
This post will show you how to reduce mortgage fees and get the best rate possible. I have been refinancing and taking out new mortgages since 2003. As a result, I’ve become an expert at squeezing as much value as possible out of every mortgage. Mortgage fees are an inevitability. How do you expect anybody
How To Reduce Mortgage Fees And Get The Best Rate Possible Read More »
It’s safe to assume the vast majority of you reading Financial Samurai want to be rich. I trust those of you who’ve been reading this site between 2009 and 2012, when I was writing heavily about investment strategies, have indeed become much richer. The compounding forces since then have been enormous. We are probably one
The Two Levels Of Rich: One Of Which Doesn’t Rely On Index Funds Read More »
As an entrepreneur, you create something from nothing. That something becomes your baby. It’s so much a part of you it’s practically all you think about 24/7. But, there may come a day when you’re approached about selling your business. Or perhaps you’ve run yourself into the ground and are dreaming about selling your business
Things To Consider Before Selling Your Business (Baby) Read More »
There are good reasons to go to business school and then there are bad reasons to go to business school. Let me share one of the worst reasons I’ve ever heard. I’ve changed some names and figures for privacy reasons. I caught up with a friend, Peter, who is a partner at a private equity
The Most Illogical Reason To Go To Business School I’ve Ever Heard Read More »
Have you ever wondered what the difference is between a 5/1 ARM and a 5/5 ARM or a 7/1 ARM and a 7/6 ARM and so forth? Let me explain in this article because the difference adds to another dilemma mortgage borrowers should consider. An adjustable-rate mortgage (ARM) is a home loan with an introductory
The Difference Between A 5/1 ARM And 5/5 ARM And When To Get Either Read More »
Since 2009, I have encouraged Financial Samurai readers to take out an adjustable-rate mortgage instead of a 30-year fixed-rate mortgage. The rationale was that we were in a downward interest rate channel, so why pay more in interest if you don’t have to? Further, the average homeownership tenure back in 2009 was only around 5-7
Adjustable-Rate Mortgages As A Percentage Of Total Loans: So Low! Read More »
I’ve got some exciting news folks! Over the past 16 months, I’ve been in talks with a couple executives at Netflix about a potential new show. They only live 50 minutes south of me in Los Gatos. Today, I’m proud to announce I’ll be producing a new Netflix original series called Love Is Money! The
I’m Producing A New Netflix Show! Love Is Money Read More »
When you’re young and naive, you tend to want to do things the right way. You’re taught by adults that cheating and lying are wrong. As you get older and wiser, you start to become aware of people gaming the system to get ahead. What you also realize is those who game the system seem
Gaming The System For More Wealth Is Becoming More Acceptable Read More »
