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, when I was writing heavily about investment strategies, have indeed become much richer. The compounding forces since then have been enormous. We are probably one| Financial Samurai
Well folks, as anticipated, bidding wars are back with a vengeance, at least here in San Francisco. If I were a real estate agent, I would never encourage my clients to engage in a bidding war. Winning such a war often leads to what's known as the 'winner's curse.' This term signifies paying a price| Financial Samurai
If you're trying to figure out how much to spend on buying a house, the best home-buying rule I can offer you is my 30/30/3 home-buying rule. I came up with the 30/30/3 home-buying rule back in 2009 during the global financial crisis. Since then, many publications and industry pundits have promoted it since. If| Financial Samurai
If you're looking to achieve financial freedom before a traditional retirement age (60+), you must build passive income. This post will highlight the best passive income investments in our current economic environment. Passive income is the holy grail of personal finance. If you have enough passive income to cover your desired lifestyle, then you are| Financial Samurai
Given our primary residence is likely one of our largest assets, buying responsibly is prudent. At the same time, living a better lifestyle by owning a nicer home as we get wealthier is also something many people desire. Therefore, let's try and figure out what our appropriate primary residence value should be as a percentage| Financial Samurai
Lately, I've been pondering why I have less admiration for men who claim to be retired but have a working spouse. Is it fueled by envy? It's possible, considering I wouldn't mind if my wife were the breadwinner, easing some of the financial strain on me. The sentiment is akin to observing several of my| Financial Samurai
For those of you who are looking to upgrade homes, let me tell you a sad truth. I climbed to the top of the property ladder with my latest home purchase, and after five months, I felt no happier. Whenever someone would congratulate me about my home purchase, I felt nothing. What's there to celebrate| Financial Samurai