If you don’t get screwed now, you will eventually get screwed later. The sooner you accept life isn’t fair, the sooner you can make winning decisions and succeed. Finding happiness is also accepting that fairness is a human construct. If you plan to play someone else’s game, then you must accept the game will likely […]
You Will Always Get Screwed: Accept Life Isn’t Fair For Greater Success Read More »
If you want to be rich, happy, and free, you must cultivate your X-Factor. Your X-Factor can be building something on the side that makes money beyond your day job. Your X-Factor can also be developing a top 1% talent in a sport, music, or art that provides you a tremendous amount of joy. Some
Your X-Factor Is Key To Being Rich, Happy, And Free Read More »
Never let anything get in the way of pursuing your dreams. If you do, you will regret it. As I wrote in my Wall Street Journal bestseller, Buy This, Not That, “You will regret more of the things you don’t do than the things you try! Remember that annoying kid in school who made fun
Be Unapologetically Fierce About Pursuing Your Dreams Read More »
January 2021 went by so fast I almost forgot to do a review. Although January flew by, it didn’t feel that different compared to the end of last year. COVID-19 is still out there in force. When I saw 22,000+ fans at the Super Bowl in Tampa, I was shocked! However, later learning they were
Reviewing The Start Of 2021: An Uneasy Feeling Amidst All The Hope Read More »
Let’s look at how the rich get richer. When they have the most amount of assets during a bull market, they will make a larger absolute amount. Over time, they will pull away from the masses who don’t have as much investments, and exacerbate the wealth inequality we see in this world. As a result,
How The Rich Get Richer: Strategies For Competing In A Rigged Game Read More »
All any of us want is an opportunity to try and succeed. We don’t want handouts. Being a diversity hire to most of us is considered insulting. We just want the opportunity to try. Unfortunately, opportunities don’t come evenly. Here’s a story about opportunity, or lack thereof for this Asian landlord. I realized the other
Three White Tenants, One Asian Landlord: A Story About Opportunity Read More »
Now that I’ve shared my 2020 review and 2021 outlook for stocks and real estate, I’d like to share my personal goals for 2021. Given the circumstances, we made the most of our time in 2020. However, as each month goes by with no pandemic resolution, I’m slowly getting more frustrated about not being able
2021 Financial Samurai Personal Goals And To-Do List Read More »
There is an unhealthy desire for prestige and money that is ruining people’s lives. At the end of all the striving, you might end up feeling empty inside. The desire for prestige and money is why we: 1) spend an outrageous sum of money on education, 2) kill ourselves at jobs we don’t like, 3) put
The Unhealthy Desire For Prestige And Money Is Ruining Your Life Read More »
November 2020 was a solid month. After a disappointing October 2020, the S&P 500 and NASDAQ returned 10.8% and 11.8%, respectively. After November’s gains, the S&P 500 is up 12% for the year. Could you have guessed that after being up ~30% in 2019, we’d be up another 12% during the middle of a pandemic?
November 2020 Review: Everything Is A Teachable Moment Read More »
Having honor and pride are good traits. For example, I’m unwilling to break the rules of FIRE to win the game. But having honor and pride can also be detrimental to your quest for financial freedom and living a better life. Life is already hard enough. Don’t make it even harder by being so stubborn!
Don’t Let Honor And Pride Keep Your Life On Hard Mode Forever Read More »
