Lending money out or asking to borrow funds from friends and family can be quite a conundrum. One of my tennis buddies told me a funny story about borrowing money from his parents. He was 28 at the time and asked for a $30,000 loan to buy a condominium. Since his parents had the spare […]
Lending Money To Friends And Family: How To Determine When It’s OK Read More »
As a landlord since 2005, I’m constantly faced with the dilemma of selling a rental property or renting it out whenever my tenants move out. The older and wealthier I’ve gotten, the more I prefer to sell rather than rent out. I have a love-hate relationship with owning rental properties because they allowed me to
Rent Out Or Sell An Investment Property When Inflation Is High? Read More »
A bear market is a part of investing. We must accept that losing money is the price of admission. There was a terrible bear market in March 2020, when the S&P 500 tanked by 32% in just a month. Thankfully, the bear market recovered and a bull market ensued until the end of 2021. In
A Bear Market Checklist To Thriving In A Downturn Read More »
Buying a home after huge price appreciation needs careful planning. Demand for real estate is strong and may continue to increase with the stock market near record highs, pent-up demand, and declining mortgage rates. However, depending on your purchase timing, there’s a chance you may buy a home at the top of the market without
Buying A House After Huge Price Appreciation: Important Steps To Follow Read More »
Before you can get to $1 million, or invest $250,000, you must first get to $100,000. Even though $100,000 doesn’t purchase the same amount of stuff as it did way back when, $100,000 is still a nice chunk of change. Let’s go through how I’d invest $100,000 today. For background, I’ve been investing since 1996,
How I’d Invest $100,000 Today For Reasonable Returns And Some Joy Read More »
Let’s take a look at the latest mortgages by interest rate. By understanding the composition of mortgages, we’re better able to understand how a rise in interest rates will affect the housing market and the consumer. Since November 2018, the vast majority of homeowners with a mortgage have refinanced and taken advantage of lower rates.
Mortgages By Interest Rate: Homeowner Tenure To Increase Read More »
A pre-mortem financial checklist is very powerful because you prepare it during rational and calm thought. Since bad times can sneak up unexpectedly, having a plan for your finances causes fewer disruptions and stress. If we’re otherwise unprepared, our emotions can cause us to make rash, suboptimal decisions. Let’s take a look at key items
A Pre-Mortem Financial Checklist To Prepare For Bad Times Read More »
It’s safe to assume the vast majority of you reading Financial Samurai want to be rich. I trust those of you who’ve been reading this site between 2009 and 2012, when I was writing heavily about investment strategies, have indeed become much richer. The compounding forces since then have been enormous. We are probably one
The Two Levels Of Rich: One Of Which Doesn’t Rely On Index Funds Read More »
Are wondering if you can retire comfortably on only two million dollars? It’s possible, but it’s becoming more difficult due to low interest rates, a shaky stock market, and high inflation eating away at your purchasing power. It now takes a lot more capital to generate the same amount of risk-adjusted income. If you want
Can You Retire Comfortably On Only Two Million Dollars? Read More »
If you’re thinking about cashing out and walking away from your job, please don’t just quit. A baby panda dies in the woods every time you quit. Instead, negotiate a severance and get laid off instead. By negotiating a severance and getting laid off, you get to walk away with cash in your pocket. If
Cashing Out By Negotiating A Severance: The Key To Being Truly Free Read More »
