Welcome To The Financial Samurai Podcast: An Introduction

Welcome to the Financial Samurai podcast! Here's a quick intro of who Sam Dogen is and why you should listen to the podcast.  The FS podcast is hosted by a person who spent 13 years in the financial services industry, got his MBA from Cal, and has grown FinancialSamurai.com into one of the largest personal finance blogs with over 1.5 million organic pageviews a month.  You can read Financial Samurai's About page here. 

27 Sep 12:19

The Importance Of The Yield Curve: A Prescient Economic Indicator

The yield curve has been flat or inverted many times in 2019. It's important to understand what the yield curve is, what it means, and how it can affect your economic future. Every single recession in U.S. history has been preceded by an inverted yield curve.  You can read the post here. 

27 Sep 12:19

Why $5 Million Is Barely Enough To Retire Early With A Family

$5 million is a lot of money. But it doesn't go very far if you want to retire early with a family in an expensive city like San Francisco. This episode should give folks perspective, help folks re-think their early retirement plans, highlight the cost of kids, and strategize on where they want to retire to.  Read the post here. 

27 Sep 12:19

Move Over FIRE, Welcome DIRE - Early Retirement Just Got More Difficult

With a recession looming, the FIRE movement is going to get extinguished. In its place will rise the DIRE Movement: Delay, Inherit, Retire, Expire! This episode appeared in 4Q18 and is something to consider the next time we go through a downturn. Today, we are at peak FIRE. Unfortunately, when you’re at the peak, there’s usually nowhere to go but down. My crystal ball is saying the FIRE movement is in for a rude awakening. Read more and view charts here: Move Over FIRE, Welcome DIRE

27 Sep 12:19

FS20, A New Property Leading Indicator That Gives Buyers Confidence

Want an edge when buying property? Follow the FS20 rule to take advantage of people who are not as sharp as you.  View episode charts and comments here: FS20 Property Buying Indicator  

27 Sep 12:19

If I Could Retire All Over Again These Are The Things I’d Do Differently

Retirement has been great so far. But if I could rewind time, here are five things I would have done differently that may help you better plan for your own retirement as well. The article got picked up by CNBC, which made me think of another regret I had, which can be read in the post.  See the post here. 

27 Sep 12:19

Solving The Happiness Conundrum In Five Moves Or Less

I think money counts for at most 40% of our happiness equation, but we're spending the majority of our time thinking about how to get more money, more power, and more prestige and not on the other 60%. As a result, we are not as happy as we could be. This episode discusses ways to try and increase your happiness. See the post here: Solving The Happiness Conundrum

27 Sep 12:19

Financial SEER - A Way To Quantify Risk Tolerance And Determine Appropriate Equity Exposure

This podcast is for someone who is wondering: Whether they have the proper asset allocation How to reduce investment stress while still benefitting from returns How to quantify their risk tolerance How to continue moving forward on their path to financial freedom despite all the uncertainty You can read more and view charts here.

27 Sep 12:19

The Bull Market Checklist To Living Your Best Life Today

There's no point making money if you don't use it to improve the quality of your life. Almost every asset class is going bonkers right now. It feels like we're making free money. Nothing feels better than converting free money into something tangible or creating a wonderful experience.  Check out the post with more charts here. 

27 Sep 12:19

What Age Do Most People Retire In America

A lot of people want to retire early, but more than 80% of Americans retire after the age of 60. Let's look at some of the details. Don't get too much FOMO about the early retirement movement. It's not the majority by any means. Read more and view charts here.

27 Sep 12:19

How Much Money You Need To Retire Early And Live In Abject Poverty

As more people look to retire early before 60, more people are looking for shortcuts in order to get to early retirement quicker. What I've noticed is that more people are willing to live in abject poverty or near poverty just to do so. I've crunched the numbers in this episode and post to show you how large of an investment portfolio you need to live poorly. The numbers are based off the official Federal Poverty Limit. 

27 Sep 12:19

Your Chance Of Becoming A Millionaire By Age, Race, And Education

Everybody wants to be a millionaire! Alas, only about 12 million households, or 3% of the U.S. population are millionaires. Here's a deep dive look into your chances of becoming a millionaire by age, race, and education. I firmly believe every Financial Samurai listener will be a millionaire in their lifetimes. See this post for detailed charts and graphs. 

27 Sep 12:19

Reflecting On Two Years Of Being A Stay At Home Dad

Without a doubt, being a stay at home parent is harder than any day job out there. For those of you who are considering giving up your day job to spend those precious first years of life with your newborn, you'll find this episode useful in helping you make your decision. If you're a new father, you will especially appreciate this episode.  Original post here. I love you son very much!

27 Sep 12:19

The Negatives Of Early Retirement Nobody Likes Talking About

Being able to retire early is great, but there are a number of downsides to content with. After leaving work for good in 2012, I'd like to share some surprising things that I went through. I'm sorry to say that early retirement will not automatically make you much happier.  You can read the original post here. 

27 Sep 12:19

The New Three-Legged Stool For Retirement

The old three-legged stool for retirement consisted of: 1) Pension (Company), 2) Social Security (Government), and 3) Personal Savings (You). The NEW three-legged stool for retirement consists of: 1) You, 2) You, and 3) You. It's time to get serious about your finances! To read the post for more details click here. 

27 Sep 12:19

Quitting Your Job Is Selfish, Engineering Your Layoff Is The Right Thing To Do

Since publishing my book, How To Engineer Your Layoff, in 2012, I've had a number of people tell me that engineering your layoff is morally or ethically wrong. But I'm here to argue that quitting your job is the morally and ethically wrong thing to do because you leave so many people in the lurch. Creating a win-win scenario and giving your colleagues time to find your replacement is a much better way to go. My book is now in its 3rd edition for 2019 and beyond. 

27 Sep 12:19

A Fed Rate Cut Is An Ominous Sign For Us To Buckle Up

At last! After 10 years, we've finally got our first Fed rate cut. Here's some logical analysis as to why we should all spend a little less, save a little more, and invest more cautiously over the next 12-18 months. If we are indeed at the beginning of a multiple rate cut cycle, history has not been kind to investors. To read the article and check out the charts, click here.

27 Sep 12:19

New Wedding Spending Rules To Follow If You Don't Want To Get A Divorce

The average wedding cost is over $30,000. That's a ridiculous sum of money given the median household income is only about $62,000 before tax. Here are the new wedding spending rules to follow so you don't end up broke and alone.  To read the post, click here. 

27 Sep 12:18

How To Survive The Pressure As The Sole Income Providing Parent

Being the sole income earner can be brutally difficult and stressful. Money strains can jeopardize a marriage and can create a tremendous amount of resentment in the household. Here are some ways to cope to save your relationship and your children.  To read the article, click here. 

27 Sep 12:18

The Not So Obvious Reasons Why People Want To Retire Early

Retiring early is a dream come true for many. However, there are some not so obvious reasons why people want to leave work early, and they aren't very flattering at all. Secretly, some early retirees are pretty miserable. Let's explore why.  To read the post, click here.  

27 Sep 12:18

The Rapid Decline Of A Harvard Degree

A college degree is depreciating in value, yet tuition is at all-time highs. For those parents and students looking to attend a private university like Harvard, I'm not sure whether the cost, stress, and all the work to get in is worth it. The reputation of private schools and private school grads are getting sullied due to the college bribery scandal.  Read the post here. 

27 Sep 12:18

The Importance Of Feeling Consistently Uncomfortable For Personal And Financial Growth

As a parent, you want the best for your kids. However, there's a risk parents over-protect their kids from harm's way. It is through difficulty and conflict that we learn the most. In this episode, we discuss the benefits of raising our son in Virginia, where he'd be a minority, versus in Hawaii, where he'd be a majority. I, Sam, grew up in Virginia and the conflict help give me a lot of motivation and grit.  To read the post, click here. 

27 Sep 12:18

What To Do Now That The Yield Curve Has Officially Inverted

The yield curve has officially inverted in 3Q2019. The 10-year bond yield is now lower than the 2-year bond yield. Let me explain from different perspectives why an inverted yield curve as an ominous sign and what we should all do to make sure we stay financially safe. Please read: The Yield Curve: A Prescient Economic Indicator for more charts and analysis. 

27 Sep 12:18

How To Get The Lowest Interest Rate Possible

Here's my method to always get the lowest mortgage rate possible, no matter the interest rate environment. I've refinanced multiple mortgages multiple times in the past 10 years. During this time, I've probably saved over $100,000 in interest expense. To read the post, click here. 

27 Sep 12:18

The Median Net Worth For The Middle Class, Mass Affluent, And The Top 1%

America is one of the wealthiest countries in the world. The top 1% have gotten really rich, but the middle class have fallen seriously behind. Let's look at the data from the latest Survey of Consumer Finances by the Federal Reserve and see where we're at.  To read the post and check out all the great graphs see: The Median Net Worth Of Americans Today To subscribe to my Feedly RSS feed click here.

27 Sep 12:18

The Best Life Hack For Americans, Taking Advantage Of Canada

Getting ahead is very competitive in America. Thanks to living in a capitalist society, we're driven by money, fame, and success. As a result, not everybody can win.  Based on my experiences as a high school tennis coach for the past three years, I realized one of the best life hacks for Americans is to take advantage of Canada. If you have children and want to retire early, this episode is for you.  Read the episode here. 

27 Sep 12:18

Achieve Your Dreams By Doing One Hard Thing For 10 Years In A Row

Don’t quit before giving your effort a chance to produce amazing results. If you can do one hard thing for 10 years in a row, I'm sure good things are going to happen. Here are some personal thoughts on how you can get to the 10 year mark and achieve your dreams as well. Let's do this! To read the post, click here. 

27 Sep 12:18

The State Of The Housing Market And Higher Lending Standards

As mortgage interest rates tumble, the housing market is becoming more interesting. Inventory is already up in many of the nation's once hottest housing markets, but the average credit score for qualified mortgage borrowers is also at an all-time high. Due to these factors, I don't see a recession as bad as the one we experienced between 2008-2010. Read the post and check out the graphs here.    

27 Sep 12:18

A New Adventure For Financial Samurai: Less Retirement, More Entrepreneurship

After reaching my goal of publishing 3X a week for 10 years, I've decided to focus a little bit more on entrepreneurship. The formula of 90% fun / 10% business that got me this far isn't going to take me where I want to go. Once I became a father in 2017, the pressure was on to earn more to take care of my family since my wife doesn't have a full-time job.  To read the post, click here. This podcast is more like a post-mortem of the post. 

27 Sep 12:18

The Average Net Worth For The Above Average Married Couple

Does 1 + 1 = 2 in your marriage? Not according to the government. If you're trying to figure out what combined net worth to shoot for as a couple, here are three frameworks to think about. Don't get mad if you're not there. Get motivated! To read the post and see the charts, click here. 

27 Sep 12:18

Why You Deserve Everything

Every week, there are a lot of funny things that make me scratch my head and wonder WTF. But it is precisely these funny things that make me so positive and bullish for you and me. Here are three examples that make me go "hmmmm."

27 Sep 12:18

Arbitrage Your Way To A Richer And Better Life

You can take advantage of kinks in the system every day to improve your wealth and quality of life. Don't just sit back passively and wait for your investments to make you wealthy. Also take some action.  Practice identifying arbitrage opportunities to prosper. See the post here. 

27 Sep 12:18

Get The Best Mortgage Rate Possible By Avoiding This One Crucial Mistake

Don't make my mortgage refinance mistake that has so far cost me $1,005 in extra interest! Trying to refinance today is a real PITA. It's a bummer because I pride myself on calculating all variables to make the best financial decision.  To read the post and hear a funny joke, click here.

27 Sep 12:18

How To Retire Early With Kids: A Nearly Impossible Task

Everybody can retire when their investment income is enough to cover their basic living expenses. But when it comes to retiring early (before 60), there are different levels of difficulty. The hardest type of early retirement is retiring early while raising adolescent children. Once you have children, you suddenly realize that retiring early without children is like going for a walk in the park. It seems so easy, you wonder why more people don’t get on board! In this episode I discuss subjective and objective reasons why retiring early with children is nearly impossible, followed by some potential solutions. Read more here, https://www.financialsamurai.com/how-to-retire-early-with-kids-a-nearly-impossible-task/ 

27 Sep 12:18

Reasons Why You Should Never Sell Your Profitable Business

If you are a business owner who is burning out and wishing to cash out, here is some perspective of someone who did. He sold his baby for $2.8 million and regrets his decision every day.  Read the post here.Subscribe to the private Financial Samurai newsletter here. Sign up for the Financial Samurai Feedly RSS reader here. 

27 Sep 12:18

Why Bad Things Stay So Bad For So Long

From staying in an abusive relationship, to joining a Twitter mob that bullies others, to not speaking up against corporate and political malfeasance, things stay bad for a long time because people are too dependent on money. Whether money is a need or a want, it ruins a person's ability to stand up for what they know is right. Related posts: Once You Have F You Money, It's Hard To Tell Others To F Off! An Inside Look At Communist China Weighing The Pros And Cons Of A Divorce  

27 Sep 12:18

Beware Of Blindspots On Your Road To Financial Independence

Here are five of the most common financial blindspots people have on their road to financial independence. If you can recognize them, you will better plan for the future and increase your chances of being financially free one day.  Post mentions: Common Blindspots On Your Road To Financial Independence How AOC And Other Congressional Members Can Afford To Raise Kids In Washington, DC  

27 Sep 12:18

The Largest Severance Package Ever

For those who still don't believe you can negotiate a severance package, a guy got a 10-figure severance package despite helping blow up his company. Let's learn how he did it and some good lessons to help the rest of us get that money! How To Negotiate A Severance is now it its 3rd edition. You can get $10 off with the code: saveten  

27 Sep 12:18

A Golden Opportunity To Buy Real Estate Is Upon Us

If you're thinking about buying a primary residence or an investment property, now looks like an enticingly good time. I'll share with you a dozen reasons why buying physical real estate can make sense. Obviously, do your own due diligence as well before putting your money to work. Here's the post with some great charts and graphs. 

27 Sep 12:18

Why Preschool Is Worth The Cost

Preschool can range from $800 - $2,500 a month, depending on where you live and the amount of care you need. Despite the cost, I'm here to argue that if your child enjoys preschool, it is worth every single penny and more! You can read the post for more details here. 

27 Sep 12:18

Why You Shouldn't Bother Cooking Your Own Food To Save Money

If 70% of Americans are overweight and median retirement savings balance is way less than $100,000, perhaps spending time cooking at home to save money and be healthy is not the proper way to go. Let's look into all the reasons why ordering food delivery or going out to eat will help boost your health and wealth. Roughly 82% of Americans mainly cook at home. Check out the health charts here.

27 Sep 12:18

Let's Always Be Grateful

This is my favorite time of the year because it's a time where we can all look back and be grateful for all that we have. I'm truly grateful to all of you for listening and sharing the Financial Samurai podcast and articles all these years. Your feedback is what keeps running Financial Samurai so much fun! Here's a related post about how I think most of our success is mostly luck. 

27 Sep 12:17

Your 401(k) Matters For Retirement - New Max Contribution Limit For 2020

Your 401(k) is part of the three-legged stool for retirement. The other two legs are your after-tax investments and your ability to make side income. You can't count on Social Security or a Pension anymore. If they are there, great. If not, you never counted on them in the first place. Check out this post with all the latest 401(k) charts and graphs. 

27 Sep 12:17

Smart Year-End Tax Moves To Make

Here are some smart money moves to make before the new year to reduce your tax liability. Taxes are our largest ongoing liability. It behooves us to stay on top of the tax code every year. Read the post: Smart Year-End Tax Moves To Make

27 Sep 12:17

A Productive Early Morning May Make You Richer, But Not Happier

Getting a lot of good quality sleep is all the rage now. But if you don't sleep well, you'll probably get a lot richer because you have more time to do stuff and that's awesome. But I say you are probably less happier than someone who sleeps well and through the night. Let me share reasons why. Check out the post here.  

27 Sep 12:17

The Surprising Unanticipated Benefits Of Early Retirement

No matter how much you plan, you'll never know all the variables. Here are some unanticipated benefits of early retirement that may surprise you. If I knew about just one of them, I probably would have been less worried about early retirement for sure. This podcast will help you make a more informed decision.  Read the post here.  

27 Sep 12:17

The SECURE Act Is Better Than A Kick In The Face

At last! The government doesn't something positive for most American's retirement plans! Let's learn about all the things the SECURE Act does to help Americans save more for retirement.  Read the post here. 

27 Sep 12:17

Early Retirement Failure! And All The Reasons Why

Here are all the reasons why I'm an early retirement failure. It was a good 8-year run, but all good things must come to an end! Read the post here. 

27 Sep 12:17

Not Wasting Another Day

Cherish life. Tomorrow is not guaranteed.

27 Sep 12:17

Navigating The Investment Waters During A Global Pandemic

Coronavirus fears have hit stock markets around the world. Here are my thoughts on how to best navigate the investment waters, what we can learn from history, and what I'm personally doing.  I truly believe real estate is going to outperform stocks in 2020, like it did in 2018. 

27 Sep 12:17

Overcoming The Futility Of Work When You're Losing Massive Money In The Stock Market

Besides working to pay your taxes, perhaps nothing feels more depressing than going to work only to lose more money in your investments. Here are some thoughts on how to overcome this feeling of futility. Read more on FinancialSamurai.com. 

27 Sep 12:17

The Bull Market Finally Ends

It was good while it lasted. Now it's time to hunker down. 

27 Sep 12:17

How To Predict A Stock Market Bottom

Are you wondering when the stock market will bottom during a bear market? So am I! Here's an easy exercise all of us equity investors can go through to estimate when the stock market will finally find a footing. The exercise will calm your nerves and provide you with rational entry points to invest.  Read: How To Predict A Stock Market Bottom for charts and graphs as well. 

27 Sep 12:17

Progress During Corona Time Is Being Made

Just checking in to share that good things have been happening since the last episode. Paycheck Protection Program is awesome if it goes through.  Stimulus Checks are getting dispersed to millions. Unemployment benefits are $600 more a week.  The stock market has rebounded a lot.  Hang in there folks!

27 Sep 12:17

What The Doomer Bears Got Wrong

With the S&P 500 up over 25% from its lows, let's look at what the Doomers got wrong so we can potentially make better decisions investment decisions in the future. Post reference: How To Predict The Stock Market Bottom Like Nostradamus

27 Sep 12:17

Unemployment Benefit Amounts By State

A look at the latest enhanced unemployment benefits and ranking the highest and lowest unemployment benefit amounts by state. See this post for charts: Highest And Lowest Unemployment Benefit Amounts By State See this post if you need information on how to file: Coronavirus Unemployment Benefits: How To File

27 Sep 12:17

Why The Paycheck Protection Program (PPP) Could Disappoint And Cause Stocks To Sell Off

I believe the PPP program is the best economic stimulus program the government has ever created. However, more than one month  into the PPP program, there is some disappointing progress. There is also some hesitation by small business owners who have accepted the PPP to spend the money due to fear of it not being forgiven. Let's discuss! Post highlighted: The Paycheck Protection Program

27 Sep 12:17

Buying Real Estate During COVID-19: Strategies For Getting A Great Deal

Buying real estate during the COVID-19 pandemic is tricky because of lockdowns and lower inventory. But this is a chance for buyers to get a great deal from a doomer bear seller. Highlighted posts: Real Estate Buying Strategies During A Pandemic How To Get Preapproved For A Mortgage

27 Sep 12:17

Why You've Got To Push Yourself Hard Before The Lockdown Ends

Don't you dare slack off. We're almost done with mass lockdowns and now is the time to step things up a notch. There will be consequences if you do not!

27 Sep 12:17

Recommended 529 Plan Amounts By Age

So you want to save for college in a 529 plan but you're unsure of how much to save. Or, you're wondering whether you should contribute more or less. I address your questions and more in this episode and in this post with a detailed chart. 

27 Sep 12:17

Where Does The Stock Market Go From Here? S&P 500 3,000 Edition

With such a massive 30%+ rebound from the lows in March 2020, the S&P 500 is almost back to 3,000. I discuss why I've de-risked in my taxable investment portfolio. At the same time, I also discuss why you may want to keep holding onto your stocks.  Here are some bearish charts and some bullish charts for you to review and consider. 

27 Sep 12:17

College Is Becoming Too Risky Of A Gamble To Make

I've been skeptical about college for a while, but now that the pandemic has hit and tens of millions of jobs are lost and perhaps never coming back, I find college to be too risky of an investment to make for the average middle class family.  Pertinent posts: https://www.financialsamurai.com/should-i-go-to-public-school-or-private-school/ https://www.financialsamurai.com/recommended-529-plan-amounts-by-age/ https://www.financialsamurai.com/accept-1000000-to-attend-public-school-over-private-school/

27 Sep 12:17

Standing Up Against Racism In America

Racism is systemic in America. We must speak up and fight back against racism. We must share our stories and hold racists accountable for their actions. Do not stay silent during this time of crisis. Let us do our part in helping end the cycle of hate.  Mentioned posts: Dear Minorities, Please Use Racism As Motivation To Achieve Financial Independence The Importance Of Feeling Consistently Uncomfortable For Personal Growth    

27 Sep 12:17

Pay Down Mortgage Debt Or Invest? A Logical Framework

Wondering whether to pay down your mortgage debt or invest? I go through a logical framework of how to do both, and also highlight the extra benefits of paying off a mortgage: more courage! Mentioned posts: No Mortgage More Courage  FS-DAIR: Invest and Debt Framework

27 Sep 12:17

How Climate Change May Affect Real Estate Prices

Let's have a discussion on how climate change may affect real estate prices. Your desire for a beachfront home might be misplaced. But maybe it's best to live life now! Post: How Climate Change May Affect Real Estate Prices 

27 Sep 12:17

The State Of The Housing And Mortgage Industry During A Pandemic

It looks like demand for buying a home has hit an 11-year high. Before you buy a home, it's good to know what's going on in the mortgage industry. The mortgage industry / banks hold the key to a steady real estate market.  See this post for more charts and details. 

27 Sep 12:17

Should We Worried About Inflation? Don't Be Silly

For those who are worried about inflation, don't be. There is not going to be inflation or inflation worries for years, if ever.  I've got to believe the only people who are worried about inflation are people who took out a 30-year-fixed mortgage or who are against America! Relevant post: Why An ARM Is Superior To A Fixed-Rate Mortgage

27 Sep 12:17

Hunting For Unicorns: Don't Get Too Carried Away With Active Investing

So you love chasing unicorn stocks to get rich. So do I! However, you should probably be more judicious with your active and passive investing split. It's really easy to get caught up in stock market mania and then blow yourself up. Here's my recommended passive and active investing split by personality so we can get rich more responsibly.  Read more here.

27 Sep 12:16

Homeschool For Life! The End Of Traditional Education Starts Now

After giving homeschooling a lot of though, my wife and I have decided to go the homeschooling route. COVID-19 was just the catalyst to get us over the hump. We tried preschool for a solid 5 months and enjoyed it. However, there were lots of downsides as well. My wife joins me on this episode. 

27 Sep 12:16

The 4 Percent Rule Is Obsolete: Follow A 0.5 Percent Safe Withdrawal Rate Instead

The 4 percent rule is outdated. It was established in 1998 when the 10-year bond yield was at ~5 percent. Of course you're never going to run out of money withdrawing at 4 percent when you can make 1 percent more risk-free! Follow the 0.5 percent rule instead for a safe withdrawal rate in retirement. Follow the times or suffer the consequences. Read the post here.

27 Sep 12:16

The Right Amount Of Money To Give And Leave Our Children

What is the right amount of money to give our adult children while we are alive without spoiling the heck out of them? What is the right amount of money to leave our children after we die? I've developed a logical framework to maximize our giving and supporting of our family.  See the post here. 

27 Sep 12:16

Big City Living Is Alive And Kicking

The demise of big city living is overblown. Big city living has gotten better post pandemic given there's less congestion, less competition, and more living options. I'm focused on buying more big city real estate before the inevitable V-shaped recovery in the next couple of years.  See the post here.   

27 Sep 12:16

The Ideal Age To Retire And Live Your Best Life

My wife and I discuss our retirements at 34 and 35, respectively. We also discuss the ideal age we think people should retire if they can. Life is both short and long. We all want to maximize happiness and minimize regrets.  Read the post: The Ideal Age To Retire To Minimize Regrets

27 Sep 12:16

Lottery Admissions Or An Entrance Exam For Schools

My wife and I debate whether a lottery admissions or an entrance exam is better for students, teachers, parents, and society.  You can read the post here and vote on which is best too.

27 Sep 12:16

Mortgage Market Abnormalities To Take Advantage Of

There are two mortgage market abnormalities worth taking advantage of right now by homeowners and potential homeowners.   Further, if economic forecasts are as rosy for 2021 as some banks believe, then mortgage rates will likely go higher. This also means your bond portfolio will likely underperform as well.   See the post here. 

27 Sep 12:16

French Laundry, Kids, Investing, And The Future

Hi Folks! Checking in during the holidays. We've been trying to take things easier and plan for a long winter a head. My wife and I talk about French Laundry, money, kids, and the future. 

27 Sep 12:16

2021 Financial Samurai Forecast For Stocks, Bonds, Real Estate

2021 Financial Samurai forecast for stocks, bonds, real estate, the economy, and the 10-year bond yield. These forecasts will dictate how I asset allocate and put real money to work to maintain financial freedom or help you gain financial freedom! See post: 2021 Financial Samurai Predictions

27 Sep 12:16

Is The Stock Market In A Bubble? Gamestop Mania & Hedge Fund Implosions

Are you wondering whether the stock market is in a bubble due to all the mania surrounding Gamestop, AMC Entertainment and more? Let's discuss what happened during past manias and the last time hedge funds lost billions of dollars of their client's money.

27 Sep 12:16

The Biggest Negative Of Paying Down You Mortgage Early

Let's discuss the absolute biggest negative of paying down your mortgage early. Here are all the negatives of paying down your mortgage early as well. 

27 Sep 12:16

Why The Housing Market Won't Crash Any Time Soon

Here are 15 reasons why the housing market won't crash. I predict high single-digit price appreciation for the next three years. Stay long and strong. 

27 Sep 12:16

Housing FOMO Is The Most Intense Type Of FOMO

Once you have housing FOMO, there's no escape. Your housing FOMO tends to increase dramatically after having kids. Beware! Related post: Why Real Estate Will Always Be More Desirable Than Stocks

27 Sep 12:16

Two Retirement Philosophies To Determine Your Safe Withdrawal Rate

The retirement philosophy you follow will determine whether you agree with the 4% rule or the Financial Samurai Safe Withdrawal Rate Rule. Posts mentioned: Two Retirement Philosophies To Think About The Proper Safe Withdrawal Rate

27 Sep 12:16

What If You Buy A Home A The Top Of The Market?

The housing market is hot, hot, hot! Even though I think with 80% certainly that the housing market will continue to go up every year for the next three years, there's still a 20% chance it could correct. Let me share what happens if you buy a home at the top of the market. If you decide to buy today, make sure you following my 30/30/3 home buying rule! Posts: https://www.financialsamurai.com/what-if-you-buy-a-home-at-the-top-of-the-market-and-a-recession-hits/ https://www.financialsamurai.com/three-home-buying-rules-for-all-to-follow/ https://www.financialsamurai.com/why-the-housing-market-wont-crash/  

27 Sep 12:16

The Ideal Time To Contribute To A Roth IRA

The ideal time to contribute to a Roth IRA is when you're young and poor. In other words, if you're a student and in your 20s earning less than the maximum income limit, you should be contributing. However, if you're about the 22% federal marginal income tax rate, it's a push. Tax diversification in retirement is important!  https://www.financialsamurai.com/disadvantages-of-the-roth-ira-not-all-is-what-it-seems/ https://www.financialsamurai.com/never-contribute-to-roth-ira/

27 Sep 12:16

Why An Umbrella Policy Is A Must To Protect Your Assets

Investors have gotten surprisingly much wealthier since the pandemic began. Therefore, it's important to protect your assets with an umbrella policy. If you haven't updated your umbrella policy in several years, you are likely underinsured for liability and lawsuits. See: Your Umbrella Policy Needs To Be Updated

27 Sep 12:16

Why The U.S. Housing Market Could Go Up Another 30%+: Canada Comparison

Although the U.S. housing market is very strong, there's a likelihood prices could go up even further if it gets as hot as the Canadian housing market.  International investors and a self-realization by Americans are the two X factors that could cause the U.S. housing market to jump by another 30% - 75%. Why should Canada have all the fun! Posts Mentioned U.S. Housing Market Upside If Compared To Canada U.S. Real Estate Market: One Of The Cheapest In The World

27 Sep 12:16

The Importance Of Always Thinking Ahead Even If People Think You're Crazy

If you dare to publicly think ahead, you may be beaten over the head. However, it's important to always plan for the future and forecast how things might turn out if you want to build greater wealth and happiness.  Come up with a Blue Sky, Realistic, and Bear Case model. You won't be able to forecast all the events that will happen in the world. But if you plan ahead, you will be better prepared to capitalize. It's your life at stake. Posts mentioned: Proper Safe Withdrawal Rate To Get Rich, Practice Predicting The Future Strong Reasons To Hire A Financial Advisor

27 Sep 12:16

The Investment Crossover Point Where Work No Longer Matters

Are you feeling less and less motivated to work because your investment returns are surpassing your active income? Let's discuss the crossover point where spending any amount of time working no longer makes sense. I've talked to regular income-earning folks and folks making millions a year. The growing feeling of apathy towards work is the same! Post: When Investment Returns Are Greater Than Active Income

27 Sep 12:16

The Best Time To Go To Work Is During A Pandemic

Is the grass greener on the other side? Maybe! But it sure seems like work is awesome for knowledge workers during the pandemic. I discuss this topic with my wife. We'll talk about public school rankings later! Posts mentioned: Working During A Pandemic How To Convince Your Spouse To Work Longer So You Can Retire Earlier

27 Sep 12:16

Public School Versus Private School: Why More Public Schools Will Rank Higher Over Time

As a public school graduate and parent, the debate between public school versus private school is fascinating. I think for the vast majority of people, going to public school and handing your kid a $1 million check upon graduation is the way to go. Posts mentioned: https://www.financialsamurai.com/why-public-schools-will-rank-higher-than-private-schools/ https://www.financialsamurai.com/the-wide-implications-of-the-college-admissions-bribery-scandal/ https://www.financialsamurai.com/accept-1000000-to-attend-public-school-over-private-school/  

27 Sep 12:16