This type of post only surfaces during a bull market, when greed tug at us the hardest, making satisfaction elusive. Ever since making my first public equity investment in 1996, I’ve been hooked, wrestling with the constant mental tug-of-war over how to be at peace with my investment decisions. Maybe you fight the same battles.| Financial Samurai
Curious to know the ideal net worth for retirement? As someone fake retired in 2012 at age 34 with $3 million, let me tell you. $10 million sounds like the ideal amount of money to retire with. With $10 million, you can easily generate between $300,000 - $500,000 of low-risk investment income. I was talking| 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
Starting at age 45 in 2022, I consciously started focusing on decumulating wealth. I realized that my life was likely half over, and I needed to start spending more to prevent dying with too much money. If I died with too much money, it would mean that I had wasted a lot of time and| Financial Samurai
In 2007, I had a dream of taking my future family on a ski vacation. I was an avid snowboarder and my wife enjoyed the tranquility of Lake Tahoe. After receiving a good bonus, I bought a two-bedroom, two-bathroom condo at Everline Resort in Palisades. Our son came ten years later, but we didn't go| Financial Samurai