Unfortunately, we may have to accept the reality of living with dead money for a while. The forecasts of lower expected returns in the stock market over the next decade may very well be coming true. As a result, we must adapt and think ahead. In this post, I’d like to discuss several suboptimal financial Read More... The post How To Live With...
Russia has invaded Ukraine. Unfortunately, there’s nothing much you or I can do except give our moral support to the Ukrainian people. Let us hope there is a quick end to the chaos and unnecessary bloodshed. If you haven’t realized it by now, black swan events happen all the time. They happen so often that Read More... The post Five Financial Observations Since...
Your financial independence number is the amount of money you think you need in order to be free. Unfortunately, if nothing changes in your life after reaching your financial independence number, then the number simply is not real. In this low interest rate environment, some people continue to believe once they achieve a liquid net Read More... The post Your Financial Independence Number...
So you’ve survived the pandemic. Congrats! Now there’s potentially World War III to deal with. If World War III does happen one day, we should learn how to prepare now! Once a dirty bomb hits the mainland, billionaires like Mark Zuckerberg can retreat to over 700+ acres of now private Kauai land. Even Mark’s buddy, Read More... The post How To Prepare For...
Let me share when is the best time to sell rental property with a logical framework. As a rental property owner since 2003, real estate is my favorite asset class to build wealth. On the one hand, owning rental property is a great way to build wealth. Rents generally go up over time, along with Read More... The post When Is The Best...
If you were to ask me to describe the ideal environment for real estate investors, right now could be it. It’s actually a little surreal how well things are shaping up for existing real estate investors. Further, the environment for potential real estate buyers is getting better as well. Please know that I’m completely biased Read More... The post The Ideal Environment For...
Like it or not, we are all bettors. To make things sound better, we like to call ourselves investors. But either way, we’re all constantly taking risks in everything we do. The other day a Financial Samurai reader named Jim challenged me to a $5,000 bet. Surprising! I was going to go back to Jim Read More... The post How To Hedge Your...
If you love your spouse, you’d make them financially independent. If you don’t truly love your spouse, then you’d make them depend on you for all their financial needs. Depending on someone for money is a terrible feeling. Imagine being a grown adult and returning home to live with your parents after four years of Read More... The post If You Love Your...
I’ve mentioned one of my regrets was having kids late. I was too focused on my career. Then I became too focused on achieving financial independence to make room for little ones. Ideally, I would have liked to have had my first kid at age 34 instead of at age 39. However, a conversation with Read More... The post Dear Older Parents, Having...
In the past, I’ve mentioned one of my biggest regrets was having kids late. I was too focused on my career. Then I became too focused on achieving financial independence to make room for little ones. Ideally, I would have liked to have had my first kid at age 32 instead of at age 37. Read More... The post Dear Older Parents, Having...
Are you aware of the risks you take online? Nearly half the U.S. population was impacted by identity fraud and financial fraud in 2020, responsible for $56B in losses. And the truth is, you’ve never been a bigger target. Technology is woven into our lives. From remote work to shopping to banking, we can send/receive Read More... The post How To Avoid Financial...
Quitting is considered a dirty word. I’ve always had the view that you should never give up if you want to achieve your goals. Even if you break both legs, you better drag yourself through the mud and rain to reach glory on the other side. However, as I grow older, I’m slowly coming to Read More... The post Maybe Quitting Is The...
Are you excited about a stock split? Don’t be. A stock split is simply financial engineering. Some retail investors get tricked into thinking they’re getting a better deal than they really are. I still remember one of my VPs at Goldman making fun of an Associate one morning. The Associate excitedly shouted out to the Read More... The post A Stock Split Doesn’t...
Recently, I decided to invest in two private funds: 1) Kleiner Perkins 20 (KP20), and 2) Kleiner Perkins Select2. KP20 is an $800 million venture fund focused on early-stage investments in enterprise, consumer, hard tech, fintech, and healthcare companies. Select2 is a $1 billion fund that extends its core investment strategy to focus on high Read More... The post Why Invest In Private...
