The best time to start a business is when you are young, broke, and naive. Once you are wealthy and know the cruelties of the world, your enthusiasm for starting a business will fade. Since I was 12 I’ve always wanted to be an entrepreneur. I was surrounded by kids whose parents started beverage companies […]
The Best Time To Start A Business: When You Are Young, Broke, And Naive Read More »
3Q 2017 was a complete blur. After selling my rental house in June, I was mentally exhausted and decided to do a whole lot of nothing except try and be a good father and continue writing on Financial Samurai. The feeling was kind of like wanting to just sleep in after taking a final exam.
Financial Samurai 3Q 2017 Investment Recap: Redeploying Capital Read More »
The average advisor fees charged by brokerage range from 0.63% to 1.17%, depending on client assets. In general, average advisor fees have been coming down over time due to pressure from robo-advisors like Empower, Wealthfront, and Betterment. This is great for clients looking to save on brokerage advisor fees. The wealth advisory business is great
Average Advisor Fees Charged By Brokerage Read More »
One of the biggest benefits of financial freedom is the ability to spend more time helping other people. Although writing about building wealth is useful and donating money is good, adopting or fostering a child reaches a next level of kindness. Today’s post is from Jillian at Montana Money Adventures. She has adopted not one,
Adopting From Foster Care: Clarifying The Misconceptions To Build A Loving Home Read More »
If you are considering selling your rental home, this post shares why I sold my rental home in 2017. Real estate is my favorite asset class to build wealth, and my rental home was a key part of my passive income portfolio. However, I had to sell to simplify life. At the time, I was
Why I Sold My Rental Home: Had To Live For Today Read More »
I’ve heard of terrible landlord stories, However, this is the worst landlord horror story you will ever hear. I’ve a landlord since 2005. In general, it’s been a worthwhile experience because rents and real estate prices have appreciated significantly since. Real estate is my favorite asset class to build wealth. You get to buy a
The Worst Landlord Horror Story: You’ll Never Want To Own Property Again Read More »
The day after Brexit, I decided to be supportive of the British people and headed over to the British Motor Car dealership to check out if there were any deals. After all, the FTSE 250 had collapsed by 12% the first day of trading after the vote. Moose, my beloved Discovery II that I had driven between 2005 – 2014
Post Brexit: Couldn’t Buy A Range Rover, Bought An SUV Worth Of Stocks Instead Read More »
Motivation is the key to progress. And progress is my one word definition of happiness. This post will discuss how to motivate yourself when the desire to be rich is gone. Eventually, we’ll all be rich enough or feel rich enough to stop hustling. I spend a lot of time responding to comments, so I
How To Motivate Yourself When The Desire To Be Rich Is Gone Read More »
In 2002, I was one year into my new job in San Francisco when I decided I needed to build a real estate empire. The dotcom collapse was traumatizing and I wanted to own real assets with more stable cash flow. After a couple years, my desire for real estate increased. I want to own
Why I Wanted To Build A Real Estate Empire Read More »
Are you debating whether to remain a landlord or sell your investment property to simplify life? This post will help you with your decision using my own example. Back in 2017, I had to decide on whether to remain a landlord or sell. Here was my thought process back then. I’ll then share what I
Remain A Landlord Or Sell Investment Property To Simplify Life? Read More »
