Do you want to be a great investor? If so, then you need to learn how to connect the dots to make profitable investments nobody else can see. By investing in long-term trends, you can become a great investor. By properly allocating your assets in a risk-adjusted manner, you can also become a great investor. […]
A Great Investor Connects The Dots, Let’s Discuss How Read More »
1H 2021 turned out to be a raging bull market! The S&P 500 closed up 14.4%. At the beginning of the year, I had predicted an 8% rise in the index. However, my original year-end target price of 4,088 was quickly breached by early April. Then, after 1Q 2021, I upgraded my year-end target to
1H 2021 Financial Samurai Review: Money, Family, And Business Read More »
According to Credit Suisse, the global number of millionaires expanded by 5.2 million to reach 56.1 million in 2020. That’s a 9.8% increase in the number of millionaires since the pandemic began. In 2022, the number of millionaires in the world is likely closer to 60 million given how strong stocks, real estate, and other
The Number Of Millionaires In The World Is Exploding Read More »
ProPublica published an article highlighting how 25 of the wealthiest Americans paid a tiny fraction of their wealth in taxes. This makes sense because the type of tax that is often discussed is levied on income, not wealth. If you pay yourself a low income and never sell assets, then your tax bill won’t be
Never Sell Assets And Pay Less In Taxes Like Billionaires Read More »
Real estate investment opportunities are available in all types of markets. The tricky part is figuring out how to evaluate real estate investment deals given most of them all sound enticing thanks to strong marketing. Yet, as we all know, not every real estate deal does well. As someone who believes the housing market will
Evaluate Real Estate Investment Opportunities Using: Who, What, When Read More »
Before becoming a father in 2017, I dreaded changing diapers. Now that I am a father, I long to win the poop lottery. To see my boy take a gigantic dump is curiously gratifying. Digestion system. Check! Before becoming a father, I wrote a lot about supporting mothers because I couldn’t fathom having to carry
Become A Better Father: Time To Man Up Dads! Read More »
One of my biggest regrets while working was not taking a sabbatical. If I had taken a one-to-three-month sabbatical, I probably wouldn’t have left finance at age 34. Instead, I probably could have kept grinding until age 40 and made a lot more money. Alas, I was too afraid to take a sabbatical because nobody
Preparing For A Sabbatical: What To Do While On Break From Work Read More »
The average stock market return since 1926 is about 10.2%, including dividends. If someone were to tell you that you’d average 10% a year for the next 10-30 years, I’m assuming most of you would gladly invest your money. Unfortunately, the percentage of Americans investing in the stock market has steadily declined to around 50%
The Average Stock Market Return Is Likely Going To Decline Read More »
After going through hundreds of financial services apps on the web, I’ve concluded that Personal Capital’s app is the best financial services app for managing your wealth. Personal Capital was founded in 2009 by ex-Intuit and Paypal CEO, Bill Harris, whom I’ve personally met over 30 times before as I’m also based in San Francisco. I’ve
The Best Financial Services App On The Web Read More »
Let’s look at the Roth IRA income limits and maximum contribution for 2021 – 2025. To be able to contribute to a Roth IRA, a single individual must earn less than $140,000 for the tax year. If you’re married and file jointly, your MAGI must be under $208,000 for the tax year 2021. A Roth
Roth IRA Income Limits And Maximum Contribution For 2021 – 2025 Read More »
