This is the Financial Samurai 2019 mid-year review. After writing The Bear Market Checklist, I thought I’d follow my own advice and do a mid-year review. The last thing I want is to get broadsided because things feel so good. So far, this year has been solid on the financial front. I haven’t felt this […]
Financial Samurai 2019 Mid-Year Review: Riding The Tsunami Read More »
After a home sale, you will hopefully be flush with cash. However, reinvesting proceeds after a home sale is important if you want to keep up or beat inflation. Therefore, here are some investment ideas to consider after selling your property. Thanks to inflation, you need at least a $3 million net worth to be
Ideas For Reinvesting Proceeds After A Home Sale Read More »
I’m on record saying that buying a vacation property is a suboptimal investment. But that’s also because I bought a vacation property in 2007, right before the market really took a dive. This post will discuss the only time you should consider buying a vacation property if you insist on not taking my advice. Perhaps
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I originally wrote this post on July 12, 2009, during the worst of the Global Financial Crisis. I had just started this site in my living room because I was worried I was going to lose all my money and get let go. So I started pontificating, “Do rich people try harder?” “Why do some
Do Rich People Try Harder? It Seems That Way Read More »
The best gift any parent can give a child besides unconditional love is a great education. A 529 college savings plan is a solution that is designed to help families tax-efficiently save for future college costs. You contribute after tax money with the benefit of paying zero federal and state income taxes on the profits when
Everything To Know About The 529 College Savings Plan Read More »
The smartest people in the world are listeners, not speakers. If all you’re doing is speaking, how do you learn anything new? To get ahead, you need to be smart enough to act dumb. You need to also learn how to convince people you’re not very good at what you do to lower expectations. If
Are You Smart Enough To Act Dumb Enough To Get Ahead? Read More »
Fight for financial independence every day. There’s something really confusing that maybe you can help explain. I don’t understand why some people criticize others for doing the following: Saving and investing more than 20% of their income Taking stock of all their cash during times of volatility Working more than 50 hours a week Developing side
Fight For Financial Independence Every Day Read More »
If you are looking for a digital wealth advisor, you should compare Personal Capital versus Betterment. Both are tech-driven, user friendly, and innovative. My favorite of the two is Personal Capital, which I’ve used regularly for well over a decade. Now let’s dig into the details of Personal Capital versus Betterment and you can decide
Personal Capital Versus Betterment Comparison Read More »
Europeans see money differently from Americans. Where Americans are obsessed with money, Europeans seem to have a lighter approach about money. In other words, Europeans work to live while Americans live to work. After almost finishing my loop around Stonehenge, I stumbled across a French woman who was lying on the ground sideways. She adjusted
How Europeans See Money Differently From Americans Read More »
There’s a happiness conundrum that needs solving. Despite living in a rich country with income levels that put us in the top 1% in the world, there are still many unhappy people. This post explores why we are not happier and what we can do to elevate our happiness. At the end of the day,
Solving The Happiness Conundrum In Five Moves Or Less Read More »
