At the Diamond Head pickleball courts in Honolulu, I met a man who said he had just put his 94-year-old mother in an eldercare home. Since my parents are 78 and 80, my ears lit up. I know it will be up to me to take care of them when they can no longer take
The Shocking Cost of Eldercare Most People Underestimate Read More »
As someone who’s been writing about FIRE (Financial Independence Retire Early) since 2009 and actually leaving full-time work for good in 2012, it’s been quite an interesting ride. For the most part, I’ve been lucky because the stock market and real estate market have generally trended up, except for in 2018 and 2022. 12 good
FIRE Psychology During a Stock Market and Economic Downturn Read More »
As a parent to two young children, I am a target client for universities everywhere. So far, I have saved over $800,000 in two 529 plans to pay for universities in 9 to 12 years. I know we need to pay full freight because we are nobodies with average intelligence, but make above the low
American Universities Hiring H-1B Foreign Workers Seems Off Read More »
Since 2009, I’ve been writing about all the ups and downs of my financial independence journey, the good and the bad. What I can clearly say is that who you partner with in life is one of the most important variables for achieving financial freedom. Get that right, and everything else gets easier. Get it
My Wife Took The Kids And Left Me – Thoughts Appreciated Read More »
We all know that panicking is one of the ways investors lose money. Panic selling during the 2008–2009 global financial crisis may have put some investors into the permanent underclass. Not only did they lose money, they weren’t able to benefit from the incredible recovery since. Panicking during the March 2020 lockdowns caused many people
How Panic Lost Me Money In A Non-Investment Way Read More »
Since I started Financial Samurai in 2009, I have been on a mission to help readers achieve financial freedom sooner rather than later. And one of the core strategies I keep coming back to is encouraging readers to get neutral on real estate by first buying a primary residence. Once you have secured your primary
It Is Easier To Make Millions On A Home Than In Stocks Read More »
At the end of 2024, a relative asked me for financial help. She was planning to leave her expensive money management firm at Goldman Sachs Asset Management, where she was being charged close to 1.5% in fees and placed in a series of esoteric GS funds that charged another 1–2%. I’m not a fan of double-dipping, so I
I Fired Myself As Money Manager And It Feels Great Read More »
One of the biggest conundrums parents face is managing their own emotions when a stock market, real estate market, or any other risk asset takes a dive. On one hand, it’s painful to watch your portfolio shrink. Every dollar you lose represents time, the most valuable commodity of all. On the other hand, there’s a
A Crashing Stock Market Is Great For Our Children’s Future Read More »
In an aggressive move, Jack Dorsey, co-founder of Twitter (X) and Block (Square, Cash App), announced a mass layoff affecting about 4,000 employees out of Block’s roughly 10,000 employees. For a company that is still growing, albeit slowly, a ~40% cut is extraordinary. As the author of the #1 severance negotiation book, How To Engineer Your
An Inside Look at Block’s Mass Layoff Severance Package Read More »
Back in 2012, when I left my finance job, I worried I had made a huge mistake. The money was good. The job provided decent status. But I was exhausted by the grind. So I did what any rational person would do when faced with a single, finite life: I chose a better lifestyle. It
Becoming A Competent Investor Is A Vital Skill To Master Read More »
