If you want to reduce emotional stress, you need to start seeing life through a different perspective. Perfect happiness is an illusion. You would think life is a piece of cake being a stay at home and work from home dad with a stay at home spouse. But I recently went through two weeks of intense […]
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Here are the key points from the now passed Trump administration’s tax plan for 2018 and beyond. This is the Republican tax plan. After reviewing the key points, I share my thoughts on how to win under this possibly new tax environment. The audio version is at the end of the post. Republican Tax Plan Highlights *
How To Win Under The Proposed Republican Tax Plan Read More »
There’s a fear of screwing up our kids as FIRE parents (financially independent retired early parents). If kids grow up in a nice home, drive a nice car, and don’t see their parents working, it becomes easier for kids to take money, life, and work for granted. As a parent, the last thing you want
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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
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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 »
