In general, the longer you stay invested, the greater your chance of making money. To help you maintain a long-term investment approach, it’s imperative to develop an investment thesis. Drawing from my experience in investing since 1995, it’s sometimes easy to get shaken out of a particular investment. Or it’s easier for some people to […]
An Investment Thesis: The Key To Making More Money Long Term Read More »
Wealthfront was launched in 2011 and is the original online financial advisor (robo-advisor) in the industry. Based in Silicon Valley, Wealthfront was the first to reach $1 billion in assets under management (AUM), and now has over $20 billion in assets under management as of 2024. Here is a comprehensive Wealthfront review. The reason why Wealthfront is
Wealthfront Review: A Leading Robo-Advisor Read More »
The Presidio Knolls School is located at 250 10th St in San Francisco South of Market district. PKS, as it is commonly known, educates 2.5 – 5 year olds in English and Mandarin for preschool. PKS goes all the way up to the 8th grade for middle school. The school was founded in 2008. Here’s
Presidio Knolls School Review: Mandarin Immersion Program Read More »
After publishing my post on no longer being financially independent, several media outlets picked up the story and thousands of comments on their respective platforms ensued. The main criticism was that my expenses were way too high and that I am greedy. As a result, I thought it would be useful to discuss the impact
Inflation And Greed: The Biggest Wealth Destroyers For Families Read More »
In 2017 and 2019, I superfunded two 529 plans for my two children. Since then, my wife and my parents have also regularly contributed to the two college savings plans. You would think with all this aggressive saving, I would feel confident we’ll have enough saved to pay for college. But I’m still unsure. Given
A 529 Plan Is Not Enough To Pay For College, We Must Save More Read More »
Everyone aspires to be a self-made millionaire, but surprisingly, there are fewer self-made millionaires than commonly thought. Before finding out the answer, what percentage of millionaires do you think are self-made with no inheritance or significant financial help from their parents or relatives? Here’s a Bank of America Private Bank Survey of Wealthy Americans that
Fewer Self-Made Millionaires Than You Think: A Problem? Read More »
In 2024, I am transitioning from a spender to a saver’s mindset out of necessity. I am returning to frugal habits reminiscent of my lifestyle in the first thirteen years after college. This change is prompted by the need to rebuild liquidity. One area I’m targeting to cut expenses is food. After a three-month experiment
How Couples Can Adopt The Same Financial Goals And Win Read More »
I’ve been writing year-in-review posts for over a decade now. It’s a rewarding way to document what went well and where I can improve. While 2023 brought more failures than wins, being alive and healthy fills me with gratitude. My theme for 2023 was “Back To Easy Living.” After an exhausting pandemic period, I aimed
2023 Financial Samurai Year In Review: More Fails Than Wins Read More »
While watching some competitive 5.0 tennis, a top 1% level, I suddenly started to reflect on why the window of opportunity that many of us have is smaller than we think. From 2015 until 2021, I played at the 5.0 level. I lost 69.3% of my matches, but USTA’s computer algorithm wouldn’t drop me down
Your Window Of Opportunity Is Smaller Than You Think Read More »
House rich, cash poor is when you have a lot of equity in your house but not a lot of cash. For whatever reason, a homeowner has untapped equity in their property but is unwilling or unable to withdraw it. Due to excessive spending habits or financial responsibilities, the homeowner feels poor. After paying for my
House Rich Cash Poor Is A Terrible But Fixable Situation Read More »
