When I worked at Goldman Sachs and Credit Suisse, we would occasionally bring a hot IPO deal to market. During the company roadshow, we’d take management around to meet one on one with our largest investors and clients. Sometimes the IPO was so in demand that many clients could not even get a one on| Financial Samurai
If you want to grow your wealth faster than the average person, I suggest trying to think in two timelines that move together in unison. The first timeline is analyzing what's going on right now. The second timeline is analyzing what could happen in the future, with a consistent spread. It's like having a dual| Financial Samurai
Creating an investment game plan is a crucial part of building lasting wealth. Without one, you're likely to accumulate far less over your lifetime. When the S&P 500 briefly corrected by 20% in 2025, we officially entered another bear market. Historically, bear markets have lasted about two years on average, but this one was shorter| Financial Samurai
China's DeepSeek has shaken up the AI world with the release of an open-source AI model that reportedly outperformed OpenAI's in several benchmarks. Even more startling is the company’s claim that its AI technology was developed for only $5.6 million. This figure has raised eyebrows, especially as companies like OpenAI and Anthropic have spent hundreds| Financial Samurai
I'm a late adopter, which is why I haven't thought too much about artificial intelligence (AI). I'd rather have early adopters figure out all the kinks first so I can better spend my time using the technology. However, at a kid's birthday party one Saturday, a dad, who works in finance, came up to me| Financial Samurai
For over 10 years, my father has been my primary editor on Financial Samurai. When my father isn't available, my wife steps in. This system has allowed me to maintain a consistent publishing schedule of three quality posts a week. Typically, I spend 1.5–3 hours writing a post. Then, my father spends 1–1.5 hours editing| Financial Samurai
Needless to say, a $20 million net worth is a substantial amount of money. It firmly places you within the top 1% of net worth, with the current minimum threshold around $13 million. But is $20 million enough for you to live happy and free? Not necessarily. Previously, we discussed how a $10 million net| Financial Samurai
Artificial intelligence will shape the future, and we're just at the dawn of this revolution. In 20 years, we don't want our children or friends to ask us why we didn't invest in AI or work in AI. But the challenge for everyday investors has been gaining access to some of the top private AI| 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
After taking my family on a nine-day vacation to Honolulu, Hawaii, my plan to relocate there is back in the cards! Since 2014, two years after retiring from my finance job, I've been contemplating moving back to Honolulu to spend more time with my parents. However, actually making the move has been much harder than| Financial Samurai
Donald Trump will be the 47th President of the United States, this time with JD Vance as his Vice President. Let's dive into what this new Trump presidency could mean for your finances. The failed assassination attempt on Trump was a sobering reminder of how fragile life is, underscoring that unity and shared values should| 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
Everyone with children should contribute to a 529 plan. It is a tax-efficient way to save for college since none of the gains are taxable if used for approved college expenses. Today, it costs about $200,000 in total for four years at the most expensive public colleges and about $400,000 for four years at the| Financial Samurai