After being held in captivity for too long, animals released into the wild tend to die due to starvation or attack. They no longer know how to hunt for their own food or use their claws to fend off predators. Are humans who’ve worked a day job all their lives like the animals we see […]
The Biggest Net Worth Killer: A Poor Attitude Read More »
“富不过三代 (fu bu guo san dai) = Wealth does not go beyond three generations”- Chinese proverb. Let’s look at how to create multi-generational financial security. My definition of multi-generational wealth is three generations: yours, your children’s and your grandchildren’s. We humans are selfish, especially when it comes to money. Given the past 20 years has
How To Create Multi-Generational Financial Security Read More »
Do you have a financial plan? Apparently, most people don’t according to an old friend who has spoken to thousands of retail banking clients over the past 15 years. Not only has he spoken to thousands of people about their finances, he’s also seen thousands of banking statements as well. Frank is a regional branch
Develop A Financial Plan For Your Life Already Read More »
Although Social Security is underfunded by ~22%, I believe Social Security will make us all millionaires in retirement. Let me explain, especially with the massive cost-of-living adjustment for 2022. When I was driving home from San Mateo one day I took a wrong turn and ended up at Hillsdale Mall. There I saw an amazing
Social Security Will Make Us All Millionaires In Retirement Read More »
The following is a guest post from Chris, a fella I met while stranded in Frankfurt, en route home from my business trip to Switzerland and Mallorca to do more research on the happiest countries in the world. Chris has a dilemma and could use the community’s help! – Sam It was early evening when
At What Cost Is Net Worth Diversification Worth It? Read More »
The Economic Policy Institute (EPI) came out with a interesting report that chronicles the top one percent income levels by State. To save you the hassle of reading the whole report, let me share with you some of their charts, and my own thoughts on the subject for your review. The EPI is a liberal,
The Top One Percent Income Levels By State Read More »
The other day I asked a very wealthy entrepreneur about his main financial concern. He’s probably worth anywhere between $50 million to $75 million dollars. Given he has so much money, I thought his answer would be more philosophical, like “making sure my kids appreciate the value of money,” or “how to create a lasting legacy.”
Always Work On Improving Cash Flow For Financial Independence Read More »
In the spring of 2012, I hung up my sword after working in finance since 1999. But I’ve discovered it’s impossible to stay retired once you retire early. There was actually a hiccup the very last day of work, a Friday. When I was e-mailing some personal files from my work account to my personal account
It’s Impossible To Stay Retired Once You Retire Early Read More »
I hope everybody is locked and loaded to get… loaded again! It doesn’t matter what new year it is. Every year we should have a goal to make more money, save more cash, and growth our net worth. Only after you’ve achieve financial independence can you take things down. Let me first discuss five basic
Make More Money, Save More Cash, Grow Your Net Worth Now! Read More »
Published on 11/22/2014, updated on March 25, 2021 as I go through my 13th month of lockdown. I’m trying to build grit and perseverance as I care for my two children and wife. Life is funny. I remember looking out my new living room window one morning and seeing the Farallon Islands for the first
The Epitome Of Perseverance: Joe Locke’s 14-Hour Swim Through Cold And Darkness Read More »
