My ideal amount of working hours a day is four. A good four hour workday for me is probably working from 7:30am to 10:30am and then again for an hour during the evening to interact with international clients. I’ll fill the time in between with exercise, eating, entertainment, and family. The ideal amount of income […]
John Galt is a fictional character in Ayn Rand’s novel Atlas Shrugged (1957).  The phrase, “Going John Galt ” or “Going Galt” is used to describe “productive” members of society cutting back on work in response to the projected increase in U.S. marginal tax rates, increased limits on tax deductions, and the immoral or inefficient use of tax revenues. I’m not sure if
Going John Galt And Protesting Government Waste Read More »
Prodigious savers of the world, unite! From the post, “How To Retire Early And Never Have To Work Again“, I mention I’ve saved roughly 15-18 years worth of living expenses after saving 55-75% of my after tax income every year for the past 13 years. If you do the math and follow the chart in
How Much Savings Is Too Much? Read More »
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 »
Back in July of 2010, I wrote a post entitled, “Am I Living In A Parallel Universe?” discussing the disconnect between the robustness on the ground in San Francisco and the incredibly negative mood by the mass media. Back then, I kept thinking “the economy is back, baby,” but nobody seemed to agree. Even my
The Economy Is Back, Baby! 2026+ Edition 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 »
