After a strong stock market since 2000, except for in 2022, more people are thinking of cashing out of stocks to buy real estate. After all, real estate is a real asset that provides utility and tends to hold its value. Stocks are just digital values that could plummet in value over night. Seeing your
Cashing Out Of Stocks To Buy Real Estate: Good Idea? Read More »
The following is a guest post by Financial Samurai reader Tony who believes financial dependence is the worst and that the best thing we can do for our husbands or wives is to make them independently wealthy. Back when I was working in finance, I became perturbed at my ever increasing tax bill. It didn’t make
Prove Your Love By Making Your Spouse A Millionaire Read More »
Before I show you the 20-year annualized returns by asset class between 1999 – 2018, I want you to guess the following four things: 1) Of the following asset classes, the S&P 500, a 60/40 stock/bond portfolio, Bonds, a 40/60 stock/bond portfolio, REITs, Gold, Oil, EAFE (Europe, Asia, Far East), national real estate, which performed
Annualized Returns By Asset Class From 1999 – 2018 Read More »
If you want to get rich, it’s probably wise to buy real estate as young as you can. Inflation is too powerful of a force to combat. The earlier you buy real estate, the more you can let your returns compound. In addition, buying real estate keeps you disciplined as a forced savings mechanism as
Buy Real Estate As Young As You Possibly Can Read More »
Taxes are and will be your largest ongoing liability. Therefore, it’s paramount to take steps to lower your tax liability as much as legally possible. Here are smart tax moves to make each your to help you achieve financial independence sooner, rather than later.
Smart Tax Moves To Make To Achieve Financial Independence Sooner Read More »
In general, I’m a fan of paying off your mortgage, no matter the situation. However, paying off your mortgage is a bad move whenever the yield curve is inverted. Paying off your mortgage is a suboptimal decision when you have a negative real mortgage interest rate as well. I’ll use a case study to explain
Paying Off Your Mortgage Is A Bad Move When The Yield Curve Is Inverted Read More »
Travel hacking is one way to save money on travel. This post is part of a travel hack rarely discussed. It sets up the stage and provides some insights into more extravagant spending. We’ll also explore whether more luxurious living is really worth the price. When I got to the 4th floor of my hotel
Guilt-Free Travel Hacking: Finally Living Large On A Modest Budget Read More »
Thanks to the fantastic work by the Department Of Justice and the FBI we have learned the average bribe it takes to buy your kid’s way into an elite private university is between $250,000 – $400,000 as of 2019. Although, some bribe amounts went as high as $6 million. And for 2024, the average bribe
The Average Bribe Amount Needed To Get Your Kid Into An Elite Private University Read More »
The quick answer to how much you should have saved by age 45 is 8X your annual expenses. In other words, if you spend $50,000 a year, you should have about $400,000 in savings. Your ultimate goal is to achieve a 20X expense coverage ratio in order to retire comfortably. If you want to achieve financial
How Much Savings Should A 45 Year Old Have? Read More »
Do you really want the financial freedom to do what you want when you want? Are you willing to make sacrifices today so you can be free tomorrow? If you aren’t willing to delay gratification, I’m not sure you want financial freedom bad enough. In 2009, with the launch of Financial Samurai, I kickstarted the
Financial Freedom: Maybe You Don’t Want It Bad Enough Read More »
