Getting to the top 1% net worth by age is a very impressive goal. But how much money do you need to get there? Overall, to have a top 1% net worth in 2024 requires having at least $13 million according to the Federal Reserve. $13 million is $3 million above the ideal net worth […]
The Top 1% Net Worth Amounts By Age: Are You Rich Enough? Read More »
Investors and particularly homebuyers are wondering when will the Fed finally start cutting rates? After 11 rate hikes so far since 2022, investors and homebuyers are starting to feel the strain of higher borrowing costs. The longer the Fed Funds rate stays high, the more negative impact it will have on the economy. Ideally, the
When Will The Fed Cut Interest Rates? A Forecasting Exercise Read More »
Founded in 2012, Fundrise is a private real estate investment platform for all investors. Fundrise was the first real estate crowdfunding platform to be launched in the US after the 2012 JOBS Act was passed. You can start investing in Fundrise with just a $10 minimum, which is one of the lowest minimums today. Fundrise has a
Fundrise Versus YieldStreet: Which Is A Better Investment? Read More »
I finally understand why I haven’t been able to shake the niggling stress I’ve been feeling lately. Despite writing less, doing fewer business deals, and exercising more, I still feel this gnawing pressure because I’m responsible for investing my immediate family’s money. When you invest family money, family money always feels more important compared to
Investing Family Money Can Be A Stressful Full-Time Job Read More »
We made it! My goal for 2022 was to do less work and have more fun. 2020 and 2021 were difficult years thanks to the pandemic so I needed a break. Overall, I give 2022 a B+. The year was great from a family and health standpoint. But the year was piss poor from a
2022 Financial Samurai Year In Review: Family Over Money Read More »
Minimalism and early retirement go together like peanut butter and jelly. Each item compliments the other. Minimalism helps get you to early retirement sooner because you are lowering your cost structure. Early retirement makes you want to simplify life so you can remain retired and enjoy your time more efficiently. Since 2012, I’ve worked on
Minimalism And Early Retirement Go Perfectly Together Read More »
Buy This, Not That is an instant Wall Street Journal bestseller by Sam Dogen, creator of Financial Samurai. Financial Samurai, started in 2009, is one of the largest independently owned personal finance sites with over one million organic pageviews a month. This page will highlight the best and worst Buy This Not That book reviews.
Buy This Not That Book Reviews: Best Personal Finance Book Read More »
Do you know what is really hard? Deciding to walk away from a whole lot of money in your prime. If you decide to retire early or take a lower-paying job out of joy, you must accept the death of your maximum money potential. Over the years, many readers looking to retire early or do
Overcoming The Downer Of No Longer Making Maximum Money Read More »
With higher interest rates for longer and an inverted yield curve, another global financial crisis might be brewing. The Board Of Governors are all very rich, so they’ll be OK. However, a world of hurt could be coming for the middle class who will lose their jobs in droves. Thankfully, balance sheets are stronger this
Personal Lessons Learned Since The 2008 – 2009 Global Financial Crisis Read More »
Not only are we born with creativity, but we also have the power to become more creative with effort. The more creative you are the happier you will likely be. There is a tremendous amount of fulfillment when you create something from nothing. Being more creative could make you more money as well. It takes
How To Be More Creative: Advice From A Writer, Artist, And Pianist Read More »
