The following is a guest post on money thoughts from David, a Financial Samurai reader and ex-government bond strategist in his 60s. David shares his money thoughts from a boomer retiree’s perspective with cancer. We had a fantastic exchange over e-mail and I invited David to share his wisdom about money. After all, the best […]
Life Goes By Quick: Money Thoughts From A Boomer Retiree With Cancer Read More »
One of the biggest peculiarities for hard working folks who want to achieve financial freedom is that we often don’t know when to stop grinding. In other words, when is it OK to forsake Stealth Wealth and start spending more on a better life? After all, you don’t want to die with too much money. Even
When Is It OK To Forsake Stealth Wealth And Spend Up? Read More »
Entrepreneurship is great due to the high correlation between effort and success. If you want to get rewarded mainly on merit, entrepreneurship is the way to go. But just how much entrepreneur income do you need to replace your day job income? It may surprise you that it actually takes a lot more income! And
How Much Do I Have To Make As An Entrepreneur To Replace My Day Job Income? Read More »
I’m a long-time customer of Chase and a holder of the Chase Ink Business Cash credit card. I also use the Chase Sapphire Preferred credit card. So, it’s safe to say I’m a Chase fan for life. Chase is one of the largest financial institutions in America with branches all over the country. They’ve also
Chase Sapphire Preferred Or Chase Sapphire Reserve? The Right Card For You Read More »
There’s a common misconception that you have to be a doctor, banker, or lawyer to be rich. That’s simply not true. In today’s world it’s easier than ever to grow your wealth in nontraditional and new innovative ways. You can make more money anywhere doing all kinds of things. But first, you have to believe.
Fortunes Everywhere! You Can Make More Money Anywhere Read More »
Don’t fight inflation. It will beat you with a stick. Ride inflation by investing so you can beat it instead. Investing is the key to long term wealth. Inflation acts as a tailwind for your investment growth. I’m afraid there are a lot of anti-real estate people out there who are missing a crucial economic paradox that will
The Inflation Interest Rate Paradox: Why You Must Continuously Invest Read More »
The end of the year can get hectic. There’s the holidays, lots of family stuff, and plenty of work deadlines. But most importantly, there are important year end tax moves to make. The good thing about having multiple income streams is the financial security it provides. But, the bad thing about having multiple sources of
Important Year End Tax Moves To Make To Save Money And Grow Wealth Read More »
Good news! It just got a little bit easier for everyone 40 and under to become 401(k) millionaires by the time you turn 60. The maximum 401(k) contribution limit for 2021 is $19,500, the same from 2020. Meanwhile, the combined employer and employee contribution limit rises by $1,000 to $58,000. In other words, your employer
The Maximum 401(k) Contribution Limit For 2021 Read More »
After a brutal sell-off in March 2020 and the correction in early 2022, we should really ask ourselves: Do we really own any of our wealth? When trillions of dollars of wealth can disappear in a matter of days, maybe not. Now that the stock market has rebounded, it really is time to spend more
Do We Really Own Any Of Our Wealth? Or Are We Just Custodians? Read More »
The largest severance package is over one billion dollars! Let me share with you who got such a record severance package amount and why you can negotiate a severance package as well. Over the years, I’ve received some doubt from three types of people regarding the feasibility of negotiating a severance package. The first set
The Largest Severance Package Ever For Destroying A Company Read More »
