This week’s newsletter is brought to you by Fundrise, an investment platform than enables you to invest in private real estate and private growth companies. If you’re looking to reduce volatility in your investments, you can do so by investing in private real estate. As mortgage rates decline, demand for commercial real estate tends to increase. […]
Newsletter For August 11, 2024: Buying The Stock Market Dip Read More »
Money dysmorphia is a negative and unrealistic perception of one’s financial wellness or position. If you have money dysmorphia, you might constantly worry about your finances, even if you are doing well for your age. One significant reason for experiencing money dysmorphia is the unhealthy comparison with others facilitated by social media platforms like Instagram,
Money Dysmorphia May Be Growing Inside You: Let’s Cure It Read More »
This week’s newsletter is brought to you by How To Engineer Your Layoff, my severance negotiation book. As the economy slows down, there will be more layoffs this winter, especially before bonus period. Hence, I recommend preparing now so you can better position yourself for the best exit package possible. Use the code “saveten” to
Financial Samurai Newsletter July 28, 2024: Easy Come Easy Go Read More »
There’s a classic saying, “Youth is wasted on the young.” It’s meant to convey that those who are young lack the perspective to appreciate all the advantages of youth and thus take it for granted. After more than seven years of being a parent, it is clear to me that not having kids is a
Not Having Kids Is Your FIRE Super Power: Don’t Blow It! Read More »
Everyone with children should contribute to a 529 plan. It is a tax-efficient way to save for college since none of the gains are taxable if used for approved college expenses. But maybe you’re wondering when to stop contributing to a 529 plan given you’ve already contributed a lot already. Let’s discuss. Today, it costs
When To Stop Contributing To A 529 Plan To Fully Fund College Read More »
If you have a rental property that is generating positive cash flow and is expected to appreciate in value over time, then you must hold onto it for as long as possible. The problem, however, is you might have tenant issues that make you want to sell. Being a landlord is not for everyone. After
View Your Tenants As Guardians Of Your Rental Property Read More »
When my son was born in April 2017, I promised to become a full-time father until he turned five. I was so serious about this commitment that I sold our largest rental property to free up time. This property was supposed to be our crown jewel for my wife and my retirement plans. However, something
From Part-Time To Full-Time Fatherhood: A Tricky Transition Read More »
Have you ever feared running out of money? I have. This fear is why there’s a phenomenon called the “one more year syndrome,” where workers keep working to save more, even though they’ve run the numbers and know they have more than enough to live comfortably in retirement. Yet, 10 years later, they are still
You Will Never Run Out Of Money Because You’re Rational Read More »
In October 2023, my passive income took a significant $150,000 hit, representing a decrease of 39%, following the purchase of a new house we didn’t really need. It was funded by proceeds from selling public stocks and bonds. The decision to buy the house with cash was agonizing, as we didn’t need a nicer home.
Why Earning Less Passive Income Has Changed My Life For The Better Read More »
The rich are frequently criticized for not contributing their fair portion of taxes. However, when examining income taxes, it becomes evident that the wealthy actually contribute more than their fair share. Here’s a chart displaying the proportion of income taxes paid by different income groups from 2001 to 2021. In 2001, the top 1% contributed
The Rich Pay More Than Their Fair Share Of Income Taxes Read More »
