The Financial Samurai Podcast

The New York Times strike demonstrates the elites have issues too. Despite having all the money, power, and access in the world, there's always a desire for MORE.  The reality is, none of us should want to be viewed as elite. If we are, then we are exclusionary, not inclusionary and that's no good. Posts mentioned: When The Elites Go On Strike, We Should Pay Attention Be Rich, Not Famous: The Joy...

Let's discuss the 2023 Wall Street S&P 500 forecasts. The range is from 3,625 to 4,500, which means there is no consensus as to where the stock market is going. You can see more details about the various 16 forecasts in this post . Please also take a second to fill out the one-question survey on where you think the stock market will go in 2023.  Other posts mentioned: How I'd Invest $250,000 In To...

We are currently experiencing a tridemic: flu, RSV, and COVID-19. Many children are sick this winter and it reminds me of the importance of life insurance. Life insurance applications increased to record highs during the pandemic. But more concering is that life insurance payouts increased by 5X more than demand! To shop around for affordable life insurance, take a look at PolicyGenius . Both my w...

Thinking about retiring? Contrary to popular belief, the ideal age to retire is not ASAP! After 10 years of early retirement, or fake retirement as I like to call it, let me share the best age range to retire to minimize regret and maximize happiness. Post for more details and charts:  The Ideal Age To Retire To Minimize Regret And Maximize Happiness   Great retirement products: Personal Capital -...

Recently, I came up with a thesis on November 1, 2022 that the 2.7% decline in the Series I Bond rate was the most bullish economic indicator I've seen all year. See: The Most Bullish Indicator Yet Nine days later, on November 10, 2022, the thesis was spot on as October inflation numbers came in below expectations. How did well-paid PhD economists & Wall Street strategists not recognize upcoming i...

FTX, the second largest cryptocurrency exchange collapse overnight from over $16 billion to $0. A discussion on what happened and what we can learn as financial freedom seekers and small business owners to preserve our wealth. The developments are still ongoing.  See: Lessons Learned From The FTX Collapse Also, mass layoffs are heating up. I recommend preparing for a layoff before you are actually...

This week, the Treasury department announced Series I bonds will pay an annualized interest from November 1, 2022 through April 2023 of 6.89% , down from the 9.62% rate offered since May 2022. A 2.73% decline is massive.  Learn what it means for the economy, stocks, and real estate.  Key links: Post to read: It's Easier To Generate More Passive Income In A Bear Market Purchase a hard copy of my in...

Although going through another bear market is a bummer, the positive is we can all generate more passive income! And given we can now generate more passive income we can also get that much closer to financial freedom! Mentioned posts: It's Easier To Generate More Passive Income In A Bear Market How To Have A Risk-Appropriate Asset Allocation When Investing Great Products: NewRetirement - An excell...

Investing during a bear market can be a very emotional experience. Learn how to quantify your risk tolerance, have a more risk-appropriate asset allocation, and feel more calm in any market. Mentioned posts: How To Have A Risk-Appropriate Asset Allocation How To Quanity Your Risk Tolerance With FS SEER How To Enjoy Your Life As The Fed Ruins The World Sign up for free weekly newsletter here . Pick...

Here's a deep dive into how I'm investing my cash stash in this bear market to make money, stay liquid, and take advantage of the current situation.  Post mentioned: How I'm Investing $250,000 In Today's Bear Market . This became a viral post that got picked up by Flipboard and Google.  To gain an unfair competitive advantage in building wealth, pick up a hard copy of Buy This, Not That: How To Sp...

This may be the most important episode you will listen to this month. With interest rates zooming higher, the interest in treasury bonds has also skyrocketed. Learn how to buy treasury bonds directly and on the secondary market. I'll also share my treasury bond buying strategies to help you make more informed decisions.  Mentioned post: How To Buy Treasury Bonds One of the main reasons why I wrote...

Although the Fed still plans to aggressively hike the Fed Funds rate as inflation and the economy is slowing down, look at the positive. Short-term treasury bills are yielding 4%! Even though the yield curve is inverted , portending to a deeper recession, at least we can earn a higher rate on our risk-free money. If you are a homeowner with a mortgage rate of less than 4%, you can now live for fre...

Unfortunately, August 2022 inflation data came in above expectations, resulting in rising bond yields and a collapse in the S&P 500. In this episode, I discuss three ways to perserve capital given stocks will likely struggle for the rest of the year. * High yield cash account Personal Capital Cash * 3-month treasury bills * Heartland real estate to capture strong rents with Fundrise I also share m...

Ever wonder what the ideal income and net worth is for maximum happiness? Look no further than the income threshold the federal government decided for receiving student loan forgiveness! Check out the post here  and leave a comment with your opinion. Here's a post if you want to learn how to convince people you are middle class when you're actually rich!  Finally, if you want an unfair competitive...

You could view the Quiet Quitting Movement as just another weak excuse by the younger generation not to work as hard. Or, you could see it as a huge net positive for society to help alleviate constant stress and anxiety in a post-COVID world.  The boundary between work and personal life has completely blurred for millions of work-from-home folks in particular. As a result, more people are burning...

I started investing in private real estate funds and syndication deals at the end of 2016. I'm now firmly in the window where distributions will start to be paid. Let me share with you my key lessons learned to help you make better private real estate investment decisions. If you want to go deeper into real estate, I discuss real estate over three chapters in my Wall Street Journal Bestselling boo...

My new book, Buy This, Not That: How To Spend Your Way To Wealth And Freedom , is now LIVE! Order a hardcopy online today by clicking the link or call your local bookstore and order from them. After a long 2.5-year journey, my wife and I reflect on what it took to create this new bestseller. When in doubt, do hard things! I'm certain BTNT will help change your life for the better. You can purchase...

If you don't speak up for yourself, nobody else will. As a result, you must fight for every opportunity you think you deserve. Don't be shy. Don't feel like you don't belong. Because you do. Mentioned posts: How To Convince Someone You Are Bad When You're Actually Pretty Good I Could Have Been A White Man, But I Remained Asian It's launch week! Pick up a hard copy of Buy This, Not That: How To Spe...

Here is a logical and smart way to determine your financial satisfication and happiness. The Financial Samurai Wealth Reality Ratio will also determine whether you are reasonable or delusional in your wealth accumulation goals. The ratio will also help you determine how big of a net worth you need to feel wealthy before relocating to another city. You'll find more of this type of insightful and de...

Thinking of retiring early to pursue new interests? In June 2022, I celebrated my 10-year anniversary of early retirement, or as I like to say, fake retirement. Here are my 11 most important takeaways. FIRE is worth it! To help you achieve financial independence sooner, pick up a hard copy of my new book, Buy This, Not That: How To Spend Your Way To Wealth And Freedom . It's full of actionable adv...

Mythoughts on investing in stocks and real estate for the second half of 2022. I'm getting more optimistic that inflation is currently peaking. As a result, I'm deploying more capital to both asset classes. Sign up for my free weekly newsletter here . Also, pick up a hard copy of my new book, Buy This, Not That: How To Spend Your Way To Wealth And Freedom . 

The bear market is here again! But there is a silver lining that I want to talk about in this episode. It's for all you hard-working, burned out folks out there! Post mentioned: 10 Years Of Fake Retirement Later: Important Lessons Learned Please pre-order a hard copy of my upcoming book, Buy This, Not That: How To Spend Your Way To Wealth And Freedom . It'll be the best book you'll ever read.

Most of the personal finance community loves to recommend index funds as a way to get rich. However, the truly rich didn't get rich by investing in index funds. They got rich by taking concentrated bets in individual positions and building businesses. Let's discuss! Posts mentioned: https://www.financialsamurai.com/the-two-levels-of-rich/ https://www.financialsamurai.com/what-is-considered-mass-af...

As a landlord, you are always faced with a dilemma about whether to sell or keep renting out your property after there's turnover. As a result, let me go through the pros and cons to help you make the right decision. I use this methodology for tackling some of life's biggest dilemmas in my upcoming book, Buy This, Not That: How To Spend Your Way To Wealth And Freedom. You can check out the latest...

Hi everyone! Thanks to all of you who pre-order a hard copy of my new book coming out on June 28, 2022 with Portfolio Penguin. If you haven't ordered yet, you can click here to purchase on Amazon or anywhere you like to buy books. I think it's going to be the best personal finance book out there. In this episode, let me share with you 5 reasons why I wrote the book.  www.financialsamurai.com/buyth...