Investing in private real estate (or real estate crowdfunding syndication) is one of my favorite ways to generate passive income. Real estate is also my favorite asset class to build wealth for the average person. I’ve been investing in private real estate since 2016 to build more wealth, capture strong demographic trends, and diversify my| Financial Samurai
Are you looking for a 401(k) savings guide? This post will go through how much I think you should have in your 401(k) by age in order to have a comfortable retirement in your 60s and beyond. My goal is for all of you to become 401(k) millionaires before your retire. I've been retired since| Financial Samurai
In March 2020, we pulled our son from preschool. We ended up homeschooling him until August 25, 2021, or for 18 months. He's now attending a language immersion preschool, which goes up to the 8th grade. Our experience has taught us that homeschooling can be incredibly beneficial. It is more efficient and can provided customized| Financial Samurai
After 12 years of FIRE (financial independence retire early), I went back to work. Unfortunately, I only lasted four months. Here's my story of what went wrong. I purposefully waited months to release this post to ensure I was thinking logically and not emotionally. From the end of November 2023 through March 2024, I re-entered| Financial Samurai
If there's one generation wealthier than ours, it's the 'Bank of Mom and Dad' generation. Given that our parents have had, on average, three decades longer to save and invest, it's natural that they have accumulated more wealth. For adult children in need of financial assistance, finding a tactful way to approach their parents for| Financial Samurai
My instant Wall Street Journal bestseller, Buy This, Not That, now in its 4th print due to tremendous demand, is here to help you build more wealth so you can better live the life you want. Not only will you learn how to achieve financial freedom sooner, you'll also learn how to make better choices| 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
How To Engineer Your Layoff eBOOK 'I bought How To Engineer Your Layoff for my sister who was then able to negotiate a $50,000 severance. Two years later, I used this book to help me negotiate an $80,000 severance during the middle of a pandemic! What's more, I got a month off to relax, and| Financial Samurai
If you want to invest in venture capital, you now can by investing in the Fundrise venture product. Fundrise has democratized access to venture investing with only a $10 investment minimum for all investors. In comparison, traditional venture capital funds are invite only and have $100,000-$250,000 minimums. My first venture capital investment was in 2007.| Financial Samurai
Recently, I temporarily went broke because I improperly managed my private investment capital calls. Because this happened, I thought I'd discuss some straightforward solutions to ensure you always have liquidity. If you are a new private fund investor or plan to invest in more private funds to diversify your investments, please learn from my errors.| Financial Samurai
In 2023, my passive income took a significant $150,000 hit, representing a decrease of 39%, following the purchase of a new house we didn't really need. It was funded by proceeds from selling public stocks and bonds. The decision to buy the house with cash was agonizing, as we didn't need a nicer home. It| Financial Samurai
Recently, I received a capital distribution from a private real estate fund, and it couldn't have come at a better time. The experience brought me both joy and relief, prompting me to share it in the hope that it might inspire you to invest more for your future. After purchasing a new home in 2023,| Financial Samurai
New luxury car prices are way too high| 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
With negative cash flow, I've embarked on a mission to trim unnecessary expenses from my budget. In times of surplus cash before my home purchase, I hadn't scrutinized my expenses for years. It's not that I was lazy about budgeting; instead, I've always embraced the 'pay myself first and spend the rest' strategy. Each month,| Financial Samurai
During my time living abroad, about 90% of my friends were fluent in a second language besides English. This high percentage was expected, given that most of my classmates at the International School of Kuala Lumpur and Taipei American School were foreigners, where being bilingual or multilingual was the norm. Upon relocating to McLean, Virginia,| Financial Samurai
After publishing my post on no longer being financially independent, several media outlets picked up the story and thousands of comments on their respective platforms ensued. The main criticism was that my expenses were way too high and that I am greedy. As a result, I thought it would be useful to discuss the impact| Financial Samurai
My family and I could have been set for life. Instead, due to my inability to beat back real estate FOMO, I blew up our passive income. And because our passive income is now much lower, we are no longer financially independent. Desire is the cause of all suffering. Due to my desire to own| Financial Samurai
When my kids were born, I made a promise to be a stay-at-home father for the first five years of each of their lives. Mission accomplished with my son in April 2022, and my daughter in December 2024. I'm now wondering how I will fill the void once both kids are in school full time.| Financial Samurai