Yes, I know I’m being a tad bit facetious here, but not really. After getting US$45 billion in government aid, the US government and we the people of America own roughly 36% of Citigroup. The interesting debate is whether Citigroup employee, Andrew J Hall should be paid his $100 million bonus as described in his […]
Government Employee Entitled to A $100,000,000 Bonus! Read More »
The correct change is a Financial Samurai original post. It discusses my thoughts about being frugal and optimizing our money. The California Muni Bus system recently raised their one way fare from $1.5 to $2, as they desperately try to pay for another mismanaged government agency. When the fare was $1.5, sometimes you had to
The Correct Change Read More »
The less you have, the less you lose. This is the upside attitude of not having a lot of money. In October of 2008, Warren Buffet lost about $9.6 billion on paper. Put it another way, that’s a freaking a lot of money! To also put it another way, in my chase to match Warren’s
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The Bank of Mom and Dad is becoming more and more popular today. With adults children coming back home after school, parents are helping a lot. Let’s discuss! Do you remember that colleague who always seemed to have the latest and most fancy clothes? She’s your same age with your similar salary and you’re slumming
Bank of Mom And Dad – Should We Spoil Our Children? Read More »
The great thing about personal finance is that it is just that – personal. We all have different lifestyles, income sources, spending habits, goals, and financial responsibilities. Thus, the amount we each need to reach financial independence is unique. What’s your financial independence number? If one can accumulate $3 million in cash, that should be
What’s Your Financial Independence Number? Read More »
I started playing poker about 4 years ago, and quickly got addicted to the game. The strategy involved, and the thrill of the bluff were fantastic elements that kept me coming back for more. Initially, we’d start off playing $20 buy-in tournaments. We then progressed to 25 cent/50 cent blinds and then to $1/$2 blinds.
Poker is Just for Fun – Don’t Rely On It For Extra Income Read More »
It’s kind of crazy that I first wrote this post on July 11, 2009. I was miserable at my job and the financial crisis caused me to lose 35% of my net worth in six months. The one thing I’m supremely aware of now that I’m a father is that time accelerates. We need to
Time Accelerates, Let’s Not Waste It Read More »
FINANCIAL SAMURAI – INTRODUCTION The Journeyman’s Goal To Financial Independence By 45 After 10 years in corporate America, I thought I had it made. A six figure job, a real estate portfolio, company stock, and a savings/emergency fund that would last me 3 years if I ever became unemployed. I did everything the personal finance
