The FIRE Movement might be a bunch of BS if you are a casual observer. There seems to be a lot of people who say they are FIRE, but then continue to make a bunch of money online, from books, from courses, and more. The doubters of the FIRE movement say FIRE bloggers have simply […]
The FIRE Movement Might Be A Bunch Of BS Read More »
Dear Financial Samurais, many of you know I love talking about personal finance. But, today I want to take a few minutes of your time to emphasize the importance of mental health. You can have all the money in the world, but if your mental health is poor, you can’t enjoy the things that money
The Importance Of Mental Health For Living A Better Life Read More »
After-tax contributions to your 401(k) is exactly what it means – contributing after-tax dollars after maximizing pre-tax 401(k) contributions. But should you make after-tax contributions? Probably not. Under current regulations, an employee may contribute up to $19,500 of pre-tax earnings to an employer sponsored 401(k) plan ($25,000 if you are age 50 or older). However, the maximum
Should I Make After-Tax Contributions To My 401(k)? Read More »
Are you wondering how to earn higher interest on your cash savings? The best way today is with high-yield savings accounts. The bank with the best rates I’ve seen is CIT Bank. When the pandemic started, interest rates went way down. The Fed Funds rate was cut down to 0% in 2020 and only started
How To Earn Higher Interest On Your Cash Savings Read More »
As a real estate investor since 2003 with over $10 million worth of properties, let me share some tips for investing in real estate for beginners. Real estate is my favorite asset class to build long-term wealth. If you’re a beginner, then real estate is great because it is much easier to understand than investing
Tips For Investing In Real Estate For Beginners Read More »
One of the sad realizations I’ve had post-vaccination is that my life won’t really change. Although my family has some financial security and no bosses to report to, I’m not sure we will truly be free unless our loved ones are also free. The first thing I did after getting my second shot was try
You Will Never Truly Be Free Unless Your Loved Ones Are Also Free Read More »
Have you ever faced an impossible situation and wondered how the hell you plan to overcome? Let me share with you my thoughts on how to overcome impossible situations and win. They tend to happen on a regular basis nowadays. How I Overcome An Impossible Situation Consulting For A Client While rummaging through my old
How To Overcome Impossible Situations And Win Read More »
Are you wondering when to take Social Security? The answer is a little more complicated than it seems. Officially, you can start your retirement benefit at any point from age 62 up until age 70. Your benefits will be higher the longer you delay taking Social Security due to Cost Of Living Adjustments (COLA) that
When To Take Social Security? Make So Much It Doesn’t Really Matter Read More »
Thinking of quitting your day job and enjoy the YOLO Economy to the max? Let me help you be better prepared before you do. I will share with you five things I should have done before quitting my job so you don’t make the same mistakes. For background, in 2012, I retired early from investment
Five Things I Should Have Done Before Quitting My Job Read More »
Do wealthy people think about retiring at a young age? The answer is absolutely yes. The harder you grind and the longer you work while you are in your 20s and 30s, the more you will thinking about early retirement. You can bet your bottom dollar many Goldman Sachs analyst working 80+ hours a week
Do Wealthy People Think About Retiring At A Young Age? Read More »
