On the way home from dropping my friend off at the airport, I took a 10 minute detour to Lucky Chances Casino. Lucky Chances Casino is located in the foggy city of Colma in South San Francisco. If you love to play poker, blackjack, and paigow, this place is for you. I go about once […]
Gambling Your Way To Prosperity At Lucky Chances Casino Read More »
Structured derivative products are a type of investment that provide some downside hedges. They are also called structured notes. I wrote this post back in 2012 after I got a six-figure severance. I was trying to figure out how to safely invest my severance with a hedge given I no longer had a job. I’m
Understanding Structured Derivative Products As An Investment Read More »
The coronavirus pandemic devastated our economy and caused tens of millions of Americans to become unemployed. A Financial Samurai reader shares what it was like being unemployed during the previous financial crisis. This Is What It’s Like Being Unemployed My name is Rachel, and I was unemployed for just a bit more than 6 months
What’s It Like Being Unemployed? Read More »
I want to fix America and make things better for our children. We cannot fix anything through complaining. Instead, solutions must be made and implemented. Of course no solution will be perfect, as there will always be a group of people who feel unduly hurt by new proposals. That said, during tough times, tough choices
Tax Rates Based On Work Ethic Shall Fix The World Read More »
Credit card spending needs to be controlled. Otherwise, you may end up with revolving credit card debt at a VERY high interest rate. In my mind, credit card debt is on of the worst debt types to own. Therefore, nobody should have revolving credit card debt. Let me share some credit card spending thoughts from
Credit Card Spending Gone Overboard! Read More »
Is discrimination OK? Hell no it’s not OK! I’ve been discriminated against ever since I came to America in 1995 and I’ve had enough. I think many people have had enough in 2020+. On Wednesday, January 18th large internet companies such as Wikipedia blacked out their sites in protest of the Stop Piracy Act Bill
Is Discrimination OK If You Aren’t Being Discriminated Against? Read More »
My tennis buddies and I decided to arrange a late-night tennis match from 8pm-10pm and go out drinking afterwards. Whichever doubles team loses pays for beers all night long. It’s a good system that brings out the competitiveness and trash-talking in us. Besides, we feel less guilty drinking heavily if we exercise first! My partner
Beautiful, Rich And Still Single – I Wonder Why? Read More »
According to First Data, credit card usage was up 8.2% YoY in 1Q2011, 9% YoY in 2Q2015, and 10.6% YoY in 3Q. If those aren’t healthy signs of consumers spending again, I don’t know what is. What’s a little more shocking is that the latest November industry-wide car sales figures are up 14% YoY to
Credit Card Usage Is On Fire Again Read More »
The debate rages on whether the top income earners who pay most of the federal taxes or the bottom 47% who pay little-to-none of the federal taxes, should pay more taxes and help our country. Clearly, the answer is that everybody should pay some federal taxes, since everybody is benefiting from the federal government. Have
Are The Top 1% Getting Screwed The Most? Read More »
During difficult economic times, Socialism becomes a popular ideology due to the increased amount of economic suffering. But there are some reasons why socialism is bad highlighted below. When times are good, it’s OK if others make a lot of money and do well, so long as you are also doing well. As soon as things turn
Why Socialism Is Bad: The Parable Of The Ant & The Grasshopper Read More »
