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
The Financial Samurai Podcast
Helping listeners achieve financial freedom sooner rather than later. Financial Samurai is America's number one personal finance blog and podcast helping you make more money, save more money, and live the life that you truly want.
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
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
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.
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
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
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
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
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
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
A Roth IRA Conversion Is Probably A Waste Of Time And Money
I've thought a lot about doing a Roth IRA conversion lately given it might go away in 2022 and beyond. But I've come to the conclusion that for most people, converting to a Roth IRA won't save you
Social Security Robs From The Poor and Gives To The Rich
Social Security is our national pension fund that is underfunded by about 22%. With a massive cost-of-living adjustment in 2022, Social Security actually robs from poorer generations to give to the
Using Data To Make Winning Investment Decisions
There is a tremendous amount of data that can help you make better investment decisions. One strategy I used was the FS20 guide for property buying. Another interesting data source is the Yelp
The Best Time To Own The Nicest House You Can Afford
We only have about a 20-year window to own the nicest house we can afford. After this 20-year window closes, it will likely be shut forever. If you're looking to buy a nicer home, let's explore when
Don't Confuse Brains With A Bull Market
In a bull market, it's easy to get carried away. Just be careful not to think you're an investing genius when it's really the bull market that is helping you make winning investments. Work on
Why You Don't Need To Worry Too Much About Inflation
Although inflation is at its highest rate in 30 years, inflation should normalize in 2022 and beyond. Instead, we should start worrying about a boom BUST cycle due to excess supply in the future.
The Downside Of Target Date Funds
Investing in two target-date funds for my children's 529 plans has cost me over $30,000 so far in lost profits. Here are some downsides to target-date funds and who should invest in target-date
Is Slacking Off At Work Stealing?
CEO of Better.com Vishal Garg said 250 of the 900 people he laid off were stealing from him and his clients by only working two hours a day. Is slacking off considered stealing if you are getting
As Good As It Gets? Let's Talk I Bonds And Negative Real Interest Rates
When you can borrow money at a negative real interest rate and invest in a guaranteed positive real return, you've got it made! Let's discuss this fascinating scenario for investors. Posts
Entrepreneurship Versus Employee
Being an entrepreneur might sound nice, but the pressure is always on. The benefits of being an employee are the most apparent during the winter holidays. Appreciate being able to make money while on
