The S&P 500 returned a dismal -6.24% in 2018, the worst year since 2009. 2018 performance was bad. If you include dividends, the S&P 500 was only down -4.75%. But still, that’s a terrible return when compared to the 10-year bond yield, which provided a guarantee 2.7% – 3.2% at any point in the year. […]
2018 S&P 500 Return: Worst Year Since The Financial Crisis Read More »
Are you wondering: What should I do before quitting my job? You’re in the right place because I “quit” my job in 2012 and have never been back! Whether you are a millennial with ADD or a parent going through a mid-life crisis, it’s natural to want to do something new after a while. I
What Should I Do Before Quitting My Job? 15 Things To Consider Read More »
On November 25, 2018, Bitcoin fell below $4,000, down nearly 40% from two weeks prior, and down 80+% from peak-mania of $20,078 on December 17, 2017. Crytocurrency is turning out to be one of the biggest bubbles in all of history! Check out how much Bitcoin’s market cap has collapsed since the end of 2017.
Should I Buy Bitcoin And Cryptocurrencies After The Correction? Read More »
The 401k maximum employee contribution is $22,500 for 2023 and will likely go up by $500 a year every couple of years. Given the median household income is roughly $75,000, a household has to contribute 30% of their gross income to contribute the maximum. That’s not easy to do, which is why I want to share
Strategies For Contributing The Maximum To Your 401k Each Year Read More »
Are you miserable at work? If so, you’re probably wondering when is the right time to quit your job and do something new. The pandemic has encourage more people to quit their jobs and do something they really want to do with their one and only lives. I always imagine a baby panda dies in
When Is The Right Time To Quit My Job And Do Something New? Read More »
Over the years, many readers have asked, “What does it take to become a Financial Samurai? Do you have a set of core principles to follow?” I resisted putting anything formal together because to do so felt a little bit arrogant and presumptuous. But after 13 years of running Financial Samurai and having over 1,000
Way Of The Financial Samurai: Core Principles For Achieving Financial Independence Read More »
Affirmative action based on income instead of race might be something for all of us to consider. There are poor White and Asian people in America as well. In the fight for racial justice, we should consider all races. Why Affirmative Action Matters Jamestown, Virginia was the first permanent English settlement established in 1607. Their
How About Affirmative Action Based On Income Instead Of Race? Read More »
According to the Federal Reserve’s Survey of Consumer Finances, the average US household net worth is a whopping $692,100! And that’s based on data from 2016, when the stock market and real estate markets were much lower. Therefore, the average household net worth in America in 2022 is likely at least 20% higher, or close
The Average Household Net Worth In America Is Huge! Read More »
Can you imagine having a 529 child millionaire? With the cost of education continuing to skyrocket, creating a 529 child millionaire might be a necessity for parents with children under five nowadays. With regular contributions, company matching, profit sharing, and conservative returns, many of you will eventually become 401(k) millionaires. But what may be more
The Making Of A 529 Child Millionaire: A Necessity Due To Soaring Tuition Read More »
There have been a number of data points recently that have caught me off guard. Apparently, there are people in this world who actually work 40 hours a week or less and complain why they can’t get ahead! I understand the complaining if you are a student, have a disability, doing heavy manual labor, or
