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 15 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. By the time kids go to college in 15-18 years, it may very well cost $1 million for all four years! With regular
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
Joining startups will likely make you poorer, not richer. Let me explain as someone who has lived in the startup capital of the world, San Francisco, since 2001. I have literally met thousands of people who have joined startups and less than 10% of them got rich. I’m talking a top 1% net worth. Several
Joining Startups Will Probably Make You Poorer Rather Than Richer Read More »
2020 may have been the hardest year of my life. I was the sole income-earning parent with two young children to feed. Here’s how to survive the pressure as a sole income-earning parent. Much has been written about offering more support and empathy for the stay at home parent who gives up his or her
How To Survive The Pressure As A Sole Income-Earning Parent Read More »
When I first wrote about Understanding Structured Derivative Products As An Investment in 2012, I received some pushback. The media was going on about how structured products helped accelerate the financial crisis partly because investors didn’t understand what they were getting themselves into. It was similar to how some adjustable rate mortgage borrowers didn’t understand how their
Examples Of How Structured Products Work And Perform Read More »
Personal Capital, the original original hybrid digital wealth manager, announced its succession plan and promoted Jay Shah as the company’s chief executive officer and nominated him as a member of the board of directors. Shah was most recently COO of Personal Capital, with two-thirds of the company’s employees reporting to him. Bill Harris will continue full-time as
Thoughts On New Personal Capital CEO Jay Shah Read More »
