The following is a guest post from a long-time Financial Samurai reader named Joona. He shares his secret to retiring at age 41 with a $4 million net worth, a wife, and two kids ages five and eight. I really love hearing about early retirement case studies and how my writing has helped people reach Read More... The post My Secret To Retiring...
One of the peculiar things about being an investor is that in order to make money, the other side needs to lose money or not make as much money. Over time, the results of your decision to buy or sell gets amplified for better or worse. Unless you have a ton of capital, it’s hard Read More... The post The Audacity Of Vulture...
It’s been a year since I last published about farmland investing. Therefore, I thought it would be good to revisit how farmland investing has done during the heart of the pandemic and new opportunities ahead. I’m a fan of owning various types of real assets to build and preserve wealth. With stubbornly high food prices, Read More... The post Farmland Investing: A Year...
One of the logical concerns in this current rising interest rate environment is how will home prices fare as interest rates go up? One way to answer this question is by discussing the number and percentage of existing mortgages by interest rate. For example, if most of the mortgages are locked in at a low fixed rate, do higher mortgages rates really matter? No, and yes as Read More... The post Mortgages By Interest Rate:...
For the longest time, I’ve been a proponent of paying federal income taxes. Federal income taxes are used to pay for Social Security (~23% of budget), defense and security (~16% of budget), major health programs such as Medicaid and Medicare (~25% of budget), and other social safety nets. Somebody has to pay income taxes so Read More... The post How To Feel Less...
If you’re a homeowner looking to live for free, buying Treasury bonds today just might be the key. Once you’ve got your housing expenses under control, life becomes much easier. One of the obvious benefits of owning a house with a fixed-rate mortgage is that your mortgage stays the same as rents increase. However, now Read More... The post Time For Homeowners To...
Decumulation is the process of spending down your net worth so you don’t die with too much money. If you die with lots of money left over, you’ve essentially wasted all the time and energy it took for you to accumulate that money. At the same time, nobody wants to run out of money before Read More... The post The Best Decumulation Age...
It’s safe to assume the vast majority of you reading Financial Samurai want to be rich. I trust those of you who’ve been reading this site between 2009 and 2012 have indeed become much richer. The compounding forces since then have been enormous. We are probably one of the richest communities on the internet today Read More... The post The Two Levels Of...
There are good reasons to go to business school and then there are bad reasons to go to business school. Let me share one of the worst reasons I’ve ever heard. I’ve changed some names and figures for privacy reasons. I caught up with a friend, Peter, who is a partner at a private equity Read More... The post The Most Illogical Reason...
Have you ever wondered what the difference is between a 5/1 ARM and a 5/5 ARM or a 7/1 ARM and a 7/6 ARM and so forth? Let me explain in this article because the difference adds to another dilemma mortgage borrowers should consider. An adjustable-rate mortgage (ARM) is a home loan with an introductory Read More... The post The Difference Between A...
