Market volatility can be an opportune time to make money, but it’s also incredibly stressful. It’s no wonder that many retail investors “run for the exits” when stock prices drop, but that’s quite the opposite behavior most people take when any other type of asset goes down. Instead of panicking when there are violent swings […]
How To Stay Disciplined With Your Investments In Volatile Markets Read More »
Phew! It feels so good to have survived the first quarter of 2020! With the global pandemic raging on and the return of the big bad bear, March surely had to be one of the longest months of our lives. What started off as a banner quarter with solid investment gains and record high online
1Q2020 Financial Samurai Review: A Brutal, But Beautiful Quarter Read More »
Let’s look at the only reasons to ever contribute a Roth IRA in this post. A Roth IRA is a tax-advantaged retirement account where you contribute post-tax contributions. The contributions get to grow tax-free and the withdrawals are tax-free too. If you can contribute to a Roth IRA, then doing so is a way to
The Only Reasons To Ever Contribute To A Roth IRA Read More »
Over the years, many people have inquired whether they should invest in a 401k or save for a downpayment. A home, after all, is usually the most expensive asset someone will buy in their lifetimes. Coming up with the downpayment is one of the biggest financial hurdles anybody can overcome. Furthermore, nobody wants to remain in a rental if
Invest In A 401k Or Save For A Downpayment? Both Are Good Options Read More »
Savings is the foundation of good personal finance. This article will discuss how much savings to accumulate by age so you can achieve financial independence and retire comfortably. It’s important to have savings targets at every age to keep you on track. When it comes to building wealth, you don’t want to just wing it!
How Much Savings Should I Have Accumulated By Age? Read More »
Every time there is a government rescue package, I’m left scratching my head wondering where all the money really goes. During the 2008 – 2009 financial crisis, Congress approved a $787 billion economic stimulus package that basically went to three things: Getting up to 99-weeks of unemployment was pretty huge for those who lost their
Paycheck Protection Program: The Best Economic Rescue Package Ever Read More »
When I retired in 2012, I decided to convert my 401(k) into a rollover IRA. Given I no longer have earned income as an early retiree, I can no longer contribute to my company 401(k). For those of you who are transitioning to a new job, rolling over your 401k is a good idea. Even though
Should I Convert My 401(k) Into A Rollover IRA? Read More »
Living in an expensive city has been the main way for millions to get ahead for decades. After all, most of the high paying jobs are all in expensive cities, which is why they are expensive in the first place! If you want to increase your chances of getting rich, then living in an expensive
Living In An Expensive City Can Make You Richer, Happier, And More Diplomatic Read More »
The Paycheck Protection Program (PPP) is what I believe is the best feature that has come out of the $2 trillion CARES Act coronavirus stimulus package. The PPP promises to lend out and forgive $359 billion to small businesses with under 500 employees if these small businesses keep their payroll. Small businesses have really taken
What Is The Paycheck Protection Program (PPP)? Read More »
Driving an old beater car can make you a lot of money. As a car fanatic who has owned beater cars and luxury cars, let me explain. After writing, Never Buy A New Car In Its First Year Of Redesign, a reader commented that he netted about $17,500 in reimbursements from driving his 2002 economy car roughly 35,000
Your Old Car Can Make You A Lot Of Money In Tax Savings Or Reimbursements! Read More »
