Raising taxes on the rich is going to be a common theme over the next several years. With Joe Biden as President, he plans to raise taxes on households making over $400,000. If you’re a household that’s stressed out and struggling, despite making an almost top 1% income, make you should take it down a […]
Dealing With The Guilt-Joy Of Raising Taxes On The Rich Read More »
Here are the top Financial Samurai articles of 2013. 2013 was a great year because it was the first full year after I left my day job in finance for good. I’m updating this post eight years later in 2021 to see how far I’ve come. 2013 Was A Productive Year I’m always curious to
The Top Financial Samurai Articles Of 2013 Read More »
If you have a top 1% net worth, you’re rich. Good for you. The question is: why do the rich hoard so much cash? If you also have a top 1% income, there is no need to have such a big savings balance. The rich are bullish on the economy just like the investing middle
Why Do The Rich Hoard So Much Cash? Read More »
Why do people like to reveal their income? Is it due to arrogance and pride? Or maybe it’s because these people are so insecure with themselves they feel a need to boast. It hit me the other day that none of the people I know in the top 1% have ever revealed their incomes to
Why Do People Like To Reveal Their Income? Arrogance And Pride Read More »
There are a lot of annoying things rich people say and do. Let me share one example. I took my beloved Moose to the local sports store to get one of those foam rollers for my legs and back. If you haven’t tried a foam roller, you don’t know what you’re missing! Anyway, for some
“I’m Rich, Bitch!” And Other Annoying Things Rich People Say And Do Read More »
About five years ago, I played league tennis for a private club. The league included three other private clubs and four public teams who played out of the various parks. Â I put the word “private” in quotations because anybody can join. Â If you are under 30, your $500 initiation fee is waved. Â Meanwhile, you didn’t
You Will Always Be Viewed As Arrogant If You Have More Read More »
We’ve all been Socialists once and we will likely all be Socialists again. Socialism is an ideology focused on helping the masses. And after a global pandemic where millions have been hurt through no fault of their own, Socialism could rise again in popularity again. When we were growing up, we had to depend on our
Socialism As A Means To A Brighter Future Read More »
It’s good to be frugal by nature. You will likely never get into financial trouble as a result. You will always be able to appreciate things since you’re never buying the best and most expensive stuff. Sometimes, however, it’s good to splurge. You’ve already read “‘No Point Making Money If You Don’t Spend Your Money“, and
Things Totally Worth Splurging Money On Read More »
Look around. What do you see? I see packed buses, traffic jams, busy open houses, expensive restaurants with only 9pm seatings, and friends finding new jobs again. Double dip recession? I don’t think so. With the Dow over 22,000 and the S&P 500 over 2,400 post Trump victory, it’s time to live it up! Yet,
The Good Times Are Back Again – The Indulgent List Of Things Read More »
I had one mission this weekend, and that was to “high-five” as many famous people as possible. You see, The President’s Cup descended on San Francisco. Thus, I was determined to watch America’s best golfers tee it up against the rest of the world, less Europe (that’s the Ryder’s Cup). Did I succeed in my mission? It
Slapping Hands With Famous People, Saving Money At Events & Priceless Moments Read More »
