As I watch my stock portfolio tank, I take solace in knowing that my real estate portfolio continues to chug along despite the chaos, fear, and uncertainty. With mass government personnel cuts, new tariffs against Mexico, Canada, and China, a heated Oval Office exchange between President Trump and Ukraine’s President Zelensky, and sharp words from| Financial Samurai
Nobody enjoys a stock market downturn, especially those who rely more on returns to survive due to a lack of active income. But as parents, we can use these sell-offs as an opportunity to help turn our kids into future millionaires. Although I’m a perennial optimist, I believe our kids are kind of screwed. The| 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 the first year in retirement, I murmured this phrase over and over again, 'I'm bored.' After regularly working 60 hours a week and interacting with clients, I suddenly had too much time on my hands. Instead of being bored, maybe what I really felt was loneliness. After my wife took the bus to work| 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
In a previous post, I discussed the futility of working when your net worth is declining. During a stock market crash or recession, your Return on Effort (ROE) for working drops significantly. Therefore, the only way to increase your Return On Effort is to work less, not more. At some point in your life, you’ll| Financial Samurai
