Dear Financial Samurais, The May CPI came in lower than expected at +0.1% MoM and +2.4% YoY, with core inflation at +2.8%. These are relatively benign figures, especially considering May was the first full month potentially impacted by the tariff debacle. The cooler inflation data has revived expectations for two Fed rate cuts. Unfortunately, renewed […]
Newsletter For June 15, 2025: AI Momentum Is Reaccelerating Read More »
I recently received a question that boils down to this: How do you know when you have enough money? And once you do, when is it time to shift from chasing excess returns to simply maintaining what you have? There are several ways to approach this question, which I’ll explore in this post. I’ve come
The Best Way To Determine If You Have Enough Money Read More »
I’ve been focused on building passive income since 1999, back when I had to be in the office by 5:30 a.m. and worked past 7 p.m. often. Weekends were another eight hours or so. I knew I couldn’t sustain a traditional 40-year career working those kinds of hours, so I began saving and investing aggressively
The Hidden Dangers of Earning Risk-Free Passive Income Read More »
Have you heard of the no-spend chalenge? It’s a popular concept among budget-minded and minimalist bloggers who encourage us to save more and declutter our lives. The idea is simple: stop spending on non-essentials for a set period and see how much you can save. The more you save (and invest), the sooner you’ll achieve
The Time To Participate In A No-Spend Challenge Is Now Read More »
If you are a parent, your mission is clear: develop into a rich Bank of Mom & Dad to save your children. Without your financial support, they might never launch. If you don’t have wealthy parents yourself, then unfortunately, life might stay on hard mode forever. It’s up to you to break the cycle for
Rich Banks of Mom & Dad Are Everywhere—Accept It and Adapt Read More »
There is more wealth out there than you think. But the government and media sometimes likes to trick us into believing there is not. Government data says the median net worth in America is around $200,000. Meanwhile, the media keeps highlighting financial struggles, convincing us there’s a looming retirement crisis. But what gets overlooked is
The Rise Of Everyday Middle-Class Multi-Millionaires Read More »
After publishing Why We Keep Spending Even Though We Know We Shouldn’t, I realized something important: the real reason I wasn’t willing to spend on a vacation rental this summer is because we no longer have financial freedom. I didn’t think about this fact until after I got a lot of feedback from readers on how
The Choices We Make To Achieve Financial Freedom Aren’t For Everyone Read More »
Nobody enjoys a stock market downturn, especially those who rely more on returns to survive due to a lack of active income. But as parents, we can use these sell-offs as an opportunity to help turn our kids into future millionaires. Although I’m a perennial optimist, I believe our kids are kind of screwed. The
Use Stock Market Downturns To Make Your Kids Millionaires Read More »
This newsletter is sponsored by Fundrise, my preferred private real estate investment platform. Fundrise manages nearly $3 billion for over 380,000 investors who are looking to diversify into residential and industrial commercial real estate, particularly in the booming Sunbelt region. If you’re looking to diversify your real estate holdings and generate more passive income, check
Newsletter For April 27, 2025: Super Zweig Breadth Thrust Read More »
In 1997, Gary Winnick founded Global Crossing, a company with the bold vision of laying undersea fiber-optic cables to build a global IP-based telecommunications network. It was a massive infrastructure play, designed to form the core transport layer for the internet, connecting data centers and network hubs worldwide. But as visionary as the plan was,
The Last Mile Is Where Success Is Made: Always Close The Loop Read More »
