“What happened to your friend who bought Tesla stock on margin,” a reader asked. He likely lost a lot of money, but I haven’t asked for details. That would be rude. On March 31, 2021, I published a post entitled, Buying Stocks On Margin Is A Bad Idea: You Could Lose Big. I wrote the […]
Losing All Your Money Investing On Margin Is Not The Worst Thing Read More »
One of my biggest fears for renters came true. Rents surged due to rising home prices, increasing household formation, and not enough inventory during the pandemic. The main question now is: How long will rent increases last? We shouldn’t feel bad for those who’ve been against homeownership for years. You can find plenty of them
How Long Will Rent Increases Last? Some Advice For Renters Read More »
2023 housing price forecasts from various institutions range from -22% to + 5.4%. There is no consensus as to which way house prices will go. However, the bias is towards the downside. There is also the issue of forecasting the national median home price and the price of your local housing market. While we care
2023 Housing Price Forecasts: More Bears Than Bulls Read More »
There are very few occupations that provide the ideal combination of riches and status. Being a professor is one of them. Tenured professors are able to make six-figure incomes and earn valuable pensions. Getting a PhD or a post-doctorate is the pinnacle of academic achievement. Meanwhile, most people respect professors for their positive contributions to
Being A Professor Is The Ideal Occupation For Riches And Status Read More »
Buy This, Not That is an instant Wall Street Journal bestseller by Sam Dogen, creator of Financial Samurai. Financial Samurai, started in 2009, is one of the largest independently owned personal finance sites with over one million organic pageviews a month. This page will highlight the best and worst Buy This Not That book reviews.
Buy This Not That Book Reviews: Best Personal Finance Book Read More »
Are you an underdog looking to succeed in this brutally competitive world? Do people ignore you, discredit you, think you’re dirt, or even hate you for just being you? Well, welcome aboard! I’ve been the underdog my entire life. The number of rejections I’ve experienced is too large to count. But you know what? I
Embrace The Underdog Within To Win: Who You Are Is Good Enough Read More »
Recently, I was told by a producer of a certain podcast that I was being overly frugal. This comment came after an interview covering my upcoming book, Buy This, Not That was done. I had thanked her over e-mail, pointed out a spelling error in my name in the show notes, and also asked her
Being Called Overly Frugal Or Cheap Means You’re On The Right Track Read More »
Before I was addicted to real estate, I was addicted to cars. At one point, I had owned eight cars over a 10-year period. And out of those eight cars, one was considered a luxury automobile: the Mercedes G500. Buying a G-Wagon in 2002 was one of my biggest financial regrets. Thankfully, once I became
A Surprising Benefit Of Driving A Luxury Automobile You Might Not Realize 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 »
Financial Samurai was started in 2009 and is one of the top personal finance sites online with over 1.5 million organic pageviews a month. Financial Samurai is also one of the pioneers of the modern day FIRE movement, encouraging people to smartly save, invest, and live off their passive income to life a life of
Financial Samurai Net Worth And Retirement Income Read More »
