The Financial Samurai Podcast

For 99.99% less than the cost of college, pick up a copy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investment decisions so you can live a better, more fulfilling life. For more nuanced personal finance content, join 60,000+ others and sign up for the free Financial Samurai newsletter. This way, you never miss a thing. Episode Synopsis We know about the different ways WE can pay for college. Now let's figure out how to get OTHERS to pay for our college! The more we can understand the ins and outs of the financial aid system, the more free money we can get. Posts mentioned: How To Game The College Financial Aid System MyIntuition.Org College Financial Aid Calculator Regards, Sam

Join 60,000+ others and sign up for my free weekly newsletter. I dissect all the most important financial topics of the week so you don't miss a thing. You can also get my posts in your inbox immediately after they come out by signing up here. For 99.99% less than the cost of college, pick up a copy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investment decisions so you can live a better, more fulfilling life. Episode Synopsis: The total all-in cost for four years at a state college is about $165,000 and the total all-in cost for four years at the most expensive private college is about $320,000. As a result, how the heck are most families going to pay for college? Let's explore the many different ways to pay for college to give our children more opportunities while not crushing our own finances in the process. Posts mentioned: The Different Ways To Pay For College And My Blind Spot Roth IRA Or 529 Plan To Pay For College? The Pros And Cons of Superfunding A 529 Plan

With mortgage rates dropping, the demand for real estate is picking up. Further, the desire to own real assets is also increasing with all this funny money. Take a look at Fundrise, a leading private real estate investment platform that primarily invest in the Sunbelt. Join 55,000+ others and sign up for my free weekly newsletter. I dissect all the most important financial topics of the week so you don't miss a thing. You can also get my posts in your inbox immediately after they come out by signing up here. Protect your wealth by picking up a copy of Buy This, Not That. It is your unfair competitive advantage to building greater wealth and making more optimal big life decisions. Episode Synopsis Being a venture capitalist is one of the best jobs in the world. Let me share why. For those of you interested in investing in venture capital, you'll have to manage your cash flow to meet your capital calls. A general discussion on navigating private investing in this current environment. Mentioned posts: How To Better Manage Your Private Investment Capital Calls The Ideal Number Of Banking Relationships To Have Why I Invest In Private Funds Despite The High Fees Please share this episode with a friend and rate the podcast if you enjoy it! Sam

With bank runs everywhere, I hope everybody is conducting an internal review of your existing banking relationships! I've done mine and I've decided three banking relationships is ideal for most people. Posts mentioned: The Ideal Number Of Banking Relationships Recommendations Join 55,000+ others and sign up for my free weekly newsletter. I dissect all the most important financial topics of the week so you don't miss a thing. You can also get my posts in your inbox immediately after they come out by signing up here. Protect your wealth by picking up a copy of Buy This, Not That. It is your unfair competitive advantage to building greater wealth and making more optimal big life decisions. With mortgage rates dropping, the demand for real estate is picking up. Further, the desire to own real assets is also increasing with all this funny money. Take a look at Fundrise, a leading private real estate investment platform that primarily invest in the Sunbelt. Please share this episode with a friend and rate the podcast if you enjoy it! Thanks, Sam

If you enjoy the Financial Samurai podcast and this episode, please leave a great 5-star review! It keeps me motivated to keep recording. Thank you. Join 55,000+ others and sign up for my free weekly newsletter and get my posts delivered to your e-mail by subscribing here. To gain more financial wisdom than 99% of the population, pick up a copy of Buy This, Not That. My instant WSJ bestseller will be the best personal finance book you'll ever read. Episode Summary: With the government taking over SVB and Singature Bank, Treasury bond yields are now collapsing. Expectations for the terminal Fed Funds rate is now down from about 5.25% to 4.8%. Post mentioned: The Best Way To Get Rich: Turn Funny Money Into Real Assets

Join 55,000+ others and sign up for my free weekly newsletter and get my posts delivered to your e-mail by subscribing here. To gain more financial wisdom than 99% of the population, pick up a copy of Buy This, Not That. My instant WSJ bestseller will be the best personal finance book you'll ever read. Episode Summary: The collapse of Silicon Valley Bank, the 16th largest bank in America was a shock to me and many. As investors, it's worth trying to understand why SVB would buy 10-year Treasury bonds in 2021, near the top of the market. Let's discuss and also talk about other key takeaways from SVB's collapse. Posts mentioned: How To Prepare For A Bank Run As Contagion Spreads Understand The Yield Curve: A Prescient Economic Indicator How To Pick A Stock Market Bottom Like Nostradamus

To explore whether to convert funds to a Roth IRA, check out NewRetirement. It's Roth Conversion Explorer tool enables you to test out your Roth IRA conversion plan under various tax and wealth scenarios. I recommend you check it out to help you minimize taxes for the future. Join 55,000+ others and sign up for my free weekly newsletter and get my posts delivered to your e-mail by subscribing here. Thank you for your positive 5-star podcast reviews and for Buy This, Not That! Episode Summary: Are you thinking about contributing or converting tax-deferred funds into a Roth IRA? Let me share some math and some reasons why and why you shouldn't contribute. Posts mentioned: Shifting Assets From Tax-Deferred To Tax-Now Retirement Vehicles Disadvantages Of A Roth IRA Why I Never Contributed To A Roth IRA But Why You Probably Should

Give yourself or others the gift of financial education by picking up a copy of Buy This, Not That. It is your unfair competitive advantage to building greater wealth. Join 55,000+ others and sign up for my free weekly newsletter and get my posts delivered to your e-mail by subscribing here. Thank you for your positive 5-star reviews with commentary on my book and this podcast. It helps keep me motivated! Episode Summary: Everybody is up in arms about inflation. But is inflation really hurting us that bad? Does the Fed really have to crush the economy to reduce inflation? The solutions to lower our household expenses seems straightforward. But perhaps it's not easy due to human nature. Here's how to permanently defeat inflation so you can live a more comfortable and affordable life. Posts mentioned: Combatting Inflation Is Straightforward But Not Easy Only The Rich Can Buy New Cars Today Real Estate Is My Favorite Asset Class To Build Wealth To Your Financial Freedom, Sam

For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009. Episode Overview With Treasury bonds yielding over 5%, the temptation to buy them is great! Let's discuss stocks versus Treasury bonds versus cash in 2023 and 2024. Personally, I'm happy to invest new money in Treasury bonds as we wait for earnings to decline, the Fed to stop hiking, and a potential recession to play out. Posts mentioned: Why You Won't Regret Buying Treasury Bonds Yielding 5%+ Net Worth Targets By Age Or Work Experience The Main Type Of Investment Risk Exposure To Be Aware Of Resources For Greater Wealth Check out Empower (previously Personal Capital), the best free tool to help you track your money. With Empower, you can track your investments, see your asset allocation, x-ray your portfolios for excessive fees, and more. Pick up a copy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investment decisions so you can live a better, more fulfilling life. Pick up a copy for sale on Amazon today! It'll be the best personal finance book you ever read. Thanks for all the 5-star reviews so far.

For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009. As one of the pioneers of the modern-day FIRE movement, I've witnessed many changes since 2009. In the good old days, the goal was to simply generate enough passive income to cover your living expenses. You could then retire early because you were financially independent. Post-pandemic, however, I've come to realize early retirement / FIRE is now becoming obsolete. We no longer have to invent new definitions of financial independence. We no longer have to retire early either! Let me explain why. See post: Why FIRE Is Becoming Obsolete Resources For Greater Wealth Check out Personal Capital, the best free tool to help you track your money. With Personal Capital, you can track your investments, see your asset allocation, x-ray your portfolios for excessive fees, and more. Also check out NewRetirement, software specifically built to help you achieve the best retirement possible. NewRetirement's retirement features are the most comprehensive on the market today. Pick up a copy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investment decisions so you can live a better, more fulfilling life. Thanks for all your positive reviews! - Sam

Join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009. Check out Personal Capital and NewRetirement, the two best tools to help you build wealth and manage your wealth in retirement. Click here to see the short-term and long-term capital gains tax rate charts for 2023. This episode discusses the ideal amount of passive income to make and the ideal invested capital to accumulate based on the current tax rates. Mentioned posts: The Ideal Net Worth Amount Before Retiring The Difference Between Active Income And Passive Income

For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009. **** Click here for the happiness by age chart. I've finally discovered the best reason to retire early. A longer steady-state period of happiness. It has taken me 10 years of fake retirement to come up with this epiphany because I had to experience the process myself. In the past, I've written that early retirement isn't all sunshine and rainbows. I went through plenty of struggles trying to find meaning and purpose during my first two years post traditional work. Therefore, it wasn't clear that early retirement brought about more happiess. Resources For Greater Wealth Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions using a risk-appropriate framework by age and work experience. Arm yourself with the knowledge you need so your money will work harder for you. Pick up a copy on sale at Amazon today! Thank you for writing a postivie 5-star review for this podcast and my book. I really appreciate it!

For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009. If you don't have enough fear, you're going to remain set in your ways. You won't have the motivation to make more money, get in better shape, meet new people, and live a better life. Posts mentioned: The One Ingredient For Achieving Financial Independence Conduct A Regret Minimization Exercise To Move Forward The Importance Of Feeling Consistently Uncomfortable For Personal Growth Resources For Greater Wealth If you want to invest in real estate more surgically, take a look at Fundrise. Demand for real estate is starting to rebound as mortgage rates and prices decline. With foreigners looking to buy U.S. real estate again, we could see a nice recovery. Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions using a risk-appropriate framework by age and work experience. Arm yourself with the knowledge you need so your money will work harder for you. Pick up a copy on sale at Amazon today! Thank you for writing a postivie 5-star review for this podcast and my book. I really appreciate it!

Perhaps working hard to make money and get ahead is overrated. With the decline in merit-based compensation and rewards, it may be strategically better to kick back and relax more. It's a risky proposition to do so, but it might work out for the best. In case you are a hardworker who is getting discriminated against based on your identity, here are 7 strategies to survive and thrive if merit no longer matters in the future. Mentioned posts: How To Survive The War On Merit Grades No Longer Matter, Hooray! Don't Let Honor And Pride Leave You On Hard Mode Forever Recommendations If you'd like to support my ad-free podcast, pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. BTNT is on sale at Amazon today! For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009. As always, thanks for all the positive book reviews and podcast reviews. They help keep me going.

Buying stocks on margin is a terrible idea. You could lose all your money. What's worse, you could lose a lot of time and the respect of your peers. Posts mentioned: Losing All Your Money On Margin Might Not Be The Worst That Can Happen To You Buying Stocks On Margin Is A Bad Idea Quantify Your Risk Tolerance Using FS-SEER Recommendations If you'd like to support my ad-free podcast, pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. BTNT is on sale at Amazon today! Check out Personal Capital, the best free tool to help you manage your finances. With Personal Capital, you can track your investments, see your asset allocation, x-ray your portfolios for excessive fees, and more. Staying on top of your investments during volatile times is a must. For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009. As always, thanks for all the positive book reviews and podcast reviews. They help keep me going.

Happy New Year! Here's a recap of 2022 and our goals for 2023. We'd love to hear about how 2022 went for you and what are your plans for 2023! Posts mentioned: 2023 Financial Samurai Goals 2022 Financial Samurai Year In Review The Best Posts On Financial Samurai 2022 Recommendations If you'd like to support my ad-free podcast, pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. BTNT is on sale at Amazon today! Check out Personal Capital, the best free tool to help you manage your finances. With Personal Capital, you can track your investments, see your asset allocation, x-ray your portfolios for excessive fees, and more. Staying on top of your investments during volatile times is a must. For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009. As always, thanks for all the positive book reviews and podcast reviews. They help keep me going.

I hope everyone is having a wonderful winter holiday! In this episode, I wanted to share my love for pickleball, why you should play it, and the importance of finding outlets for your outlets. The Financial Samurai podcast is an outlet from fatherhood. It's been a long and hard journey so far. Now instead of tennis, pickleball is my latest outlet from Financial Samurai and fatherhood. Join 55,000+ subscribers and sign up for my free weekly newsletter. This way, you'll never miss a thing, and learn to build more wealth in a risk-appropriate manner. You can also sign up for getting all my posts via e-mail. If you'd like to support my ad-free podcast, pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. BTNT is on sale at Amazon today! Posts mentioned: Why You Should Play Pickleball Surprising Solutions To Loneliness The Ideal Weight By Height, Sex, and Frame Where Are All The Adult Athletes? Pushing Sports On Your Kid Early May Be A Waste Pickleball Equipment Recommendations: I went with the Head Radical Elite for under $60. And I'm sure you can buy used paddles for as little as $20. A three-pack of Franklin balls costs about $8 and can last over 20 games if you're a beginner.

Dear Financail Samurai listeners, Merry Christmas and Happy Holidays! Thanks for listening to my podcast all year and also sharing my work. Financially, it's been a hard year for most of us. However, we're still here! Which means we still have the ability to make things better. I hope my episodes have brought you knowledge, laughter, and joy. All the best to you and your family. Recorded 43 Episodes Without A Single Sponsor If you'd like to support my ad-free podcast, pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. BTNT is on sale at Amazon today! For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009. Happy Holidays, Sam

The loneliness epidemic has grown since the pandemic began. I fear most for our children who seem like they've taken the biggest hit. Here are some surprising solutions to combat loneliness. Check out this post, Solutions To The Loneliness Epidemic, to see the charts on exactly how much more lonely we are. Other posts mentioned: Solving The Happiness Conundrum In Five Moves Or Less How Being An Older Parent Can Be Awesome The Negatives Of Early Retirement Nobody Likes Talking About Resources For Greater Wealth Nothing is better than the gift of education. Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. Pick up a copy on sale at Amazon today! For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

Here's a look at the various 2023 housing price forecasts from some of the top economists, real estate companies, and think tanks. I also offer my 2023 housing price forecasts. Click this post to see the relevant charts: 2023 Housing Price Forecasts: More Bears Than Bulls Resources For Greater Wealth If you want to invest in real estate more surgically, take a look at Fundrise. I just had an hour-long conversation with Ben Miller, CEO of Fundrise. Its fixed income fund is generating an 8%+ yield. Further, Fundrise is using its existing cash to hunt for distressed deals with 12-14% yields. Our views about 2023 housing prices are very similar. Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions using a risk-appropriate framework by age and work experience. Arm yourself with the knowledge you need so your money will work harder for you. Pick up a copy on sale at Amazon today! For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

Join 55,000+ subscribers and sign up for my free weekly newsletter. This way, you'll never miss a thing, and learn to build more wealth in a risk-appropriate manner. You can also sign up for getting all my posts via e-mail. Unfortunately, the Federal Reserve is determined to crush the economy and send us back into a recession in 2023. A 5.125% terminal Fed Funds rate is way too much. However, we must accept this reality and prepare. At least we know doom is returning in the next 18 months, unlike in 2007. Given we know what's coming, we can prepare! Relevant post: How To Enjoy Your Life As The Fed Ruins The World Recommendation Give the gift of financial freedom by picking up a copy of Buy This, Not That. There's nothing better than having the knowledge and the money to do whatever you want. You can learn about my instant Wall Street Journal besteller here.

Join 55,000+ subscribers and sign up for my free weekly newsletter. This way, you'll never miss a thing, and learn to build more wealth in a risk-appropriate manner. Let's explore the second biggest financial mistake I see people make. It has to do with improper forecasting and entitlement. If you can avoid this financial mistake, you will likely build far more wealth than most people. Read the post here: The Second Biggest Financial Mistake To Avoid Making Recommendations This holiday season, give the gift of financial freedom by picking up a copy of Buy This, Not That. There's nothing better than having the knowledge and the money to do whatever you want. Track your net worth with Personal Capital, the best free wealth management app today. I've used Personal Capital since 2012. Join 55,000+ others and sign up for my free weekly newsletter.

I have a love hate relationship with owning rental property real estate. On the one hand, my rental properties are one of the main reason why I had the confidence to leave work behind. On the other hand, my rental properties are my main source of investment stress. Let me share some latest issues with being a landlord. Then I'll share why I love owning rental property as well. With the growth of private real estate, I've coming to love owning rental properties even more since I no longer have to manage them and deal with tenants! To invest in real estate 100% passively, check out Fundrise, my favorite vertically integrated real estate investment platform. Fundrise has been around since 2012 and now manages over $3.5 billion, mostly investing in Sunbelt/Heartland real estate. I believe in the long-term trend of investing in lower-cost areas with higher rental yields. Posts mentioned: My Love Hate Relationship With Owning Rental Properties Never Ask To Borrow Money From Friends And Family Members Focus On Trends: Why I'm Investing In The Heartland Of America Resources For Greater Wealth Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions using a risk-appropriate framework by age and work experience. Arm yourself with the knowledge you need so your money will work harder for you. Pick up a copy on sale at Amazon today! For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

Our lives get naturally more complicated as we get older. Therefore, it takes active effort to keep everything from getting out of hand. Here's a series of unfortunate events that makes me want to get back to minimalism. Minimalism and early retirement go perfectly together (post). Posts Mentioned: Private Real Estate Investing: Key Takeaways After 5+ Years Of Investing Trophy Homes, Trophy Wives, And Now Trophy Children 10 Years Of Fake Retirement Later, Some Important Thoughts Resources For Greater Wealth Nothing is better than the gift of education. Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. Pick up a copy on sale at Amazon today! For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

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 Of Being A Nobody How To Negotiate A Severance And Be Free The Unhealth Desire For Prestige Is Ruining Your Life When To Play The Status Game Resources For Greater Wealth Nothing is better than the gift of education. Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. Pick up a copy on sale at Amazon today! For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

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 Today's Bear Market How To Buy Treasury Bonds And Buying Strategies To Consider Personal Lessons Learned Since The 2008 Global Financial Crisis Resources For Greater Wealth Nothing is better than the gift of education. Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. Pick up a copy on sale at Amazon today! CIT Bank is offering a 18-month CD at a market-leading 4.5%. Sign up here and take advantage of higher rates. For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

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 wife and I have used PolicyGenius to save, double our coverage, and renew our policies. I've known the founder for 10 years. Posts mentioned: Your Anxiety Of Death Can Be Quantified By Life Insurance Demand Data The Best Age To Get Life Insurance Based On Logic And Reasoning To never miss a thing, joing 55,000+ others and subscribe to my free weekly newsletter. You'll boost your personal finance knowledge and make better decisions.

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 - Favorite free wealth management app. I've been using the app since 2012. NewRetirement - A fantastic retirement speciality planner with more powerful features. More Financial Samurai: Buy This, Not That - My WSJ bestselling book on helping you achieve financial freedom sooner, rather than later. Financial Samurai Free Weekly Newsletter - Join 55,000+ others and never miss a thing.

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 inflation figures will likely come in below EXPECTATIONS? Conversely, how did a tired, stay-at-home dad without a job since 2012 get it right? This episode is on how to make better investment forecasts to hopefully make more money. We won't be able to get investing right all the time, but we can do work to help increase our odds of making better decisions. To Support Financial Samurai: Buy This, Not That: How To Spend Your Way To Wealth And Freedom (Instant Wall Street Journal Bestseller to help you build more wealth and make more optimal choices.) How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye (The #1 book on helping you negotiate a severance. Mass layoff season is here. Prepare yourself to walk away with potentially more money.) Free Financial Samurai Newsletter (Join 55,000+ subscribers so you never miss a thing) Follow On Twitter @FinancialSamura

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 laid off. Because once you're laid off, you no longer have leverage. Please read How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. You can save $10 off the book by inputting "saveten" during check out. Join 55,000+ others and sign up for my free weekly newsletter so you never miss a thing on Financial Samurai. Everything is written based off firsthand experience and knowledge.

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 instant Wall Street Journal bestseller, Buy This, Not That. It will be the best personal finance book that you will ever read. Join 60,000+ other subscribers and sign up for my free weekly newsletter here. I review all the week's key insights and posts.

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 excellent retirement planning software Fundrise - My favorite way to invest in private real estate and diversify a portfolio for less volatility and more passive income Buy This, Not That: How To Spend Your way To Wealth And Freedom - The best personal finance book

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 up a hard copy of Buy This, Not That if you want an unfair competitive advantage in building more wealth.

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 Spend Your Way To Wealth And Freedom. I synthesize my 27 years of investing experience to help you grow your wealth and make better decisions. Sign up for my free weekly newsletter here. Every week, I'll recap the most important posts and financial topics with my own spin so you never miss a thing. Disclaimer: This episode is not investing advice for you since we have different financial situations and you are not my client. I have no clients. This is my own thought process on how I'm deploying my cash. Please do your own due diligence before making any investment. Your decisions are yours alone.

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 Buy This, Not That was to better protect people during downturns. There is simply too much wild Wild West nonsense in the investing space. The book is on sale at Amazon today. Join 50,000+ others and sign up for my free weekly newsletter here. I highlight the latest events and share my candid thoughts on why they matter.

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 free! HOORAY! Actions Items Pick up a hardcopy of my new Wall Street Journal bestseller, Buy This, Not That. If you want an unfair competitive advantage to building more wealth, this book is it. Join 50,000+ others and sign up for my free weekly newsletter. I recap the week's main events and share my thoughts as a 28-year finance veteran.

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 my thoughts on the best time to upgrade to your move-up property. One of the few silver linings of an aggressive Fed!

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 advantage in building more wealth and tackling some of life's biggest dilemmas, pick up a hard copy of my WSJ bestseller, Buy This, Not That. The book has the biggest sale on Amazon.

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 out. Quiet Quitting is also wonderful for parents, whom I think suffered the most during the pandemic. Feel free to share your thoughts in my Quiet Quitting post. Support my work by picking up a hardcopy of my WSJ bestseller, Buy This, Not That. It is your unfair competitive advantage to building more wealth and making better decisions. Finally, join 50,000+ others and sign up for my free weekly newsletter. I highly the major events of the week and my candid thoughts.

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 book, Buy This, Not That. Amazon is having a great 31% off sale. Also, shoutout to Fundrise, my favorite real estate investing platform that focuses on single family and multi-family homes in the Sunbelt. Relocating to lower-cost areas of the country is a multi-decade trend I am investing in thanks to technology.

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 on Amazon, Barnes & Noble, or anywhere that sells books. It is a #1 bestseller on Amazon in Retirement Planning and is tracking to be a WSJ Bestseller. Thank you for your support and I'd appreciate a postiive 5-star review online if you enjoyed it. -Sam, Financial Samurai

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 Spend Your Way To Wealth And Freedom. And if want to listen to audio, it's over 12 hours long!

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 derivative thinking in my new bestseller, Buy This, Not That: How To Spend Your Way To Wealth And Freedom. Order a hardcopy today! It'll be one of the best personal finance books you'll ever read.

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 advice that also helps you tackle some of life's biggest dilemmas with less regret. Also sign up for my free weekly newsletter so you never miss a thing. Financial Samurai started in 2009 and is one of the largest personal finance sites today with over 1 million organic pageviews a month.

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-affluent-definition-based-off-income-net-worth-investable-assets/ https://www.financialsamurai.com/who-makes-a-million-dollars-a-year-exploring-the-top-0-1-income-earners/

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 rent and inflation charts here.

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/buythisnotthat

I think sometimes, we focus too much on saving, investing, and working hard to build more wealth. Instead, there's an easier way, and that's finding a partner with your same ideals. Post mentioned: https://www.financialsamurai.com/my-secret-to-retiring-early-with-only-a-4-million-net-worth-and-two-kids/