Try to be an accredited investor. Once you are, you can invest more easily in private companies. Do you know what the market capitalization was of Microsoft when they went public on March 13, 1986? A mere $500 million (~$1 billion in today’s dollars). If you had bought just 100 shares of Microsoft at the $21 offering […]
Become An Accredited Investor: Private Companies No Longer Want To IPO Read More »
Update 6/15/202: I’m assuming Bo got his earn out and is a very rich man now since I published this post on 3/18/2015. I’m pleased to share an interview I did with Bo Lu, the CEO of FutureAdvisor. FutureAdvisor is an algorithmic money manager with sophisticated tools to help clients manage their money. Over 300,000
The following is a guest post from Chris, a fella I met while stranded in Frankfurt, en route home from my business trip to Switzerland and Mallorca to do more research on the happiest countries in the world. Chris has a dilemma and could use the community’s help! – Sam It was early evening when
At What Cost Is Net Worth Diversification Worth It? Read More »
Oil is a popular topic due to its surprising ~60% price drop from June 2014 to 1Q2016. Nobody could have imagined such a quick collapse in oil. I certainly didn’t when I decided to buy a Honda Fit instead of a Jeep Grand Cherokee Limited last summer! If I had known I could pump my
Should I Invest In Oil Stocks? Learn About Oil Price Fundamentals First Read More »
Fear of investing in the stock market is real. This fear is why I’ve encountered so many people since Financial Samurai started in 2009 who have huge cash hoards. Due to fear, they decided to save their cash instead of invest it. But if you just hoarded cash since the 2009 Global Financial Crisis, you
How To Overcome Your Fear Of Investing In The Stock Market Read More »
The following is a guest post by Dominic. He shares his story about escaping the life of trouble and poverty towards one day reaching financial independence. He shares his journey from welfare to well-off. Reading different perspectives is what makes the Financial Samurai community so awesome. – Sam They say the best time to plant
From Welfare to Well-Off: My Journey To Financial Independence Read More »
The Economic Policy Institute (EPI) came out with a interesting report that chronicles the top one percent income levels by State. To save you the hassle of reading the whole report, let me share with you some of their charts, and my own thoughts on the subject for your review. The EPI is a liberal,
The Top One Percent Income Levels By State Read More »
If you read my “Definitions Of A Middle Class Income” article, you’ll come across my theory that almost all of us identify as middle class, no matter how much we make. Post-pandemic, it’s even more important to stay in the middle class given the K-shaped recovery. Further, President Biden is focused on supporting the middle class
Who Is The Middle Class? We Are All Middle Class Citizens! Read More »
I was invited to join the TaxACT How I Save blog tour which shares ways to increase your savings. Last year, TaxACT saved America over $240 million on tax preparation. The personal savings rate in the US could be better. And it is my hope in spreading knowledge on personal finance topics that more Americans will take better
Increase Your Savings By Identifying Specific Reasons To Save Read More »
The other day I asked a very wealthy entrepreneur about his main financial concern. He’s probably worth anywhere between $50 million to $75 million dollars. Given he has so much money, I thought his answer would be more philosophical, like “making sure my kids appreciate the value of money,” or “how to create a lasting legacy.”
Always Work On Improving Cash Flow For Financial Independence Read More »
