Anything can happen during the 6-month lock-up period, so it's important to keep expectations low and stay humble. Don't spend any paper profits until you actually have liquidity.

Financial Samurai has been working with Fundrise as a corporate partner for over 10 years now. I'm proud of what Ben Miller and his team have accomplished in democratizing access to venture capital through public venture capital. Let's see what the future holds!

Related posts:

• After A Big Investment Win Stay Humble: Clean A Toilet
• How ETFs, Open End Funds, and Closed End Funds Trade
• Recommended Net Worth Asset Allocation By Age and Work Experience

Subscribe and Support Financial Samurai

Every podcast episode takes hours to record, edit, and produce. Your shares and positive reviews mean a lot and are greatly appreciated.

If you've benefited from my writing in any way, please pick up a copy of Millionaire Milestones and Buy This Not That, and leave a review on Amazon. These national bestselling books will help you make better financial decisions and reach financial independence sooner rather than later.

For more nuanced personal finance content, join 60,000+ subscribers and sign up for my free newsletter. Financial Samurai started in 2009 and is one of the top independently run personal finance sites today.

Fundrise is a long-time sponsor of Financial Samurai and Financial Samurai is an investor in Fundrise products. Our investment philosophies are aligned.

But with the rapid rise of AI, coding is no longer the protective moat it once was. As I revisited my own FIRE plans after leaving work in 2012, I realized the one financial buffer that has consistently stood the test of time: knowing how to invest well.

Forget "learn to code." Learn to invest. Becoming a competent investor may be the most important skill you develop to survive - and thrive - in the coming AI wave.

Posts mentioned:

Becoming A Competent Investor Is A Vital Skill To Master

Gain Financial Security By Creating Financial Buffers For Your Financial Buffers

The FIRE Movement Is So Back Due To AI Disruption

Stay on top of your net worth with Empower, the web's #1 free financial app. Track your cash flow, x-ray your investment portfolio for excessive fees and inappropriate risk exposure, and use their retirement calculator to plan for the future.

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I've taken advantage of three free consultations with Empower over the past decade and each session has helped me build more wealth. There's no rewind button in life. Make the most of everything, especially things that are helpful and free.

The statement is provided to you by Financial Samurai ("Promoter") who has entered into a written referral agreement with Empower Advisory Group, LLC ("EAG").

Stocks and bonds are classic staples for retirement investing. However, I also suggest diversifying into real estate. It is an investment that combines the income stability of bonds with greater upside potential.

Consider Fundrise, a platform that allows you to 100% passively invest in residential and industrial real estate. With over $3.5 billion in private real estate assets under management, Fundrise focuses on properties in the Sunbelt region, where valuations are lower, and yields tend to be higher. Residential commercial real estate is attract. Meanwhile, the Fed is set to cut rates further.

I've personally invested over $500,000 with Fundrise, and they've been a trusted partner and long-time sponsor of Financial Samurai. With a $10 investment minimum, diversifying your portfolio has never been easier.

Subscribe To Financial Samurai

To increase your chances of achieving financial independence, join 60,000+ readers and subscribe to my free Financial Samurai newsletter here. Financial Samurai began in 2009 and is the leading independently-owned personal finance site today.

Andy also came out with a new book called, Own Your Time: 10 Financial Steps To Put Your Family First and Escape The Corporate Grind. Go check it out, it's a great book for parents looking to achieve financial independence.

On the podcast, talk about the merits of Coast FIRE, a type of FIRE that I've dubbed the most dangerous early retirement strategy to follow. But the older and more tired I get, the more I've come to accept Coast FIRE's merits. It's certainly beter than aimlessly grinding away at a job you don't love forever.

If you enjoy this podcast episode, please support my guest Andy, and please share the episode and leave a positive review. Every review means a lot as every podcast episode takes hours to produce.

If you want to achieve financial freedom, you can also sign up for my free weekly newsletter here.

Related posts:

2025 Year In Review And The Happiness Curve

The Best Of Financial Samurai 2025

Eliminated A Regret And Fulfilled A Childhood Dream

Join 60,000+ others and sign up for my free weekly newsletter here. My goal is to help you achieve financial freedom sooner, rather than later.You can receive my posts in your inbox immediately after they are first published without ads by signing up here.

The last thing you want in retirement is to be forced out of your neighborhood because of rising rent. Yet as a renter, you have little control over how much your landlord raises prices, especially if you're not in a rent-stabilized home.

With housing inflation outpacing wage growth, it's time to get neutral real estate by at least owning your primary residence. In this episode, I'll share why ownership becomes more valuable with age — and how to think about real estate in a world where affordability keeps shrinking.

Read the post for more details and discussion: Please Don't Rent For Life: Housing Security Is Vital

Other related post: Why I'll Never Manage Money For Anyone For Free Again

If you can't buy a home yet, don't sit on the sidelines while housing prices and rents keep rising. You can still participate in the real estate market and build wealth over time — without needing to come up with a massive down payment.

That's why I've invested with Fundrise, a platform that allows everyday investors to gain exposure to residential and industrial properties nationwide. With over $3 billion in assets under management and 350,000+ investors, Fundrise makes it easy to own a piece of the real estate market that continues to compound in value.

Real estate has historically been one of the best ways to hedge against inflation and grow wealth passively. And with a minimum investment of only $10, anyone can start investing today.

Fundrise has been a long-time sponsor of Financial Samurai because our philosophies align — consistent, disciplined investing in tangible assets to build financial freedom.

Regards,

Sam

To expedite your journey to financial freedom, join over 60,000 others and subscribe to the free Financial Samurai newsletter. You can also get my posts in your e-mail inbox as soon as they come out by signing up here. Financial Samurai is among the largest independently-owned personal finance websites, established in 2009. Everything is written based on firsthand experience and expertise.

See related Financial Samurai post: Persmission To Live It Up In Retirement

If you have over $100,000 in investable assets—whether in savings, taxable accounts, 401(k)s, or IRAs—you can get a free financial check-up from an Empower financial professional by signing up here. It's a no-obligation way to have a seasoned expert, who builds and analyzes portfolios for a living, review your finances.

A fresh set of eyes could uncover hidden fees, inefficient allocations, or opportunities to optimize—giving you greater clarity and confidence in your retirement financial plan.

The statement is provided to you by Financial Samurai ("Promoter") who has entered into a written referral agreement with Empower Advisory Group, LLC ("EAG"). Click here to learn more.

Subscribe To Financial Samurai

To increase your chances of achieving financial independence, join 60,000+ readers and subscribe to my free Financial Samurai newsletter here. Financial Samurai began in 2009 and is the leading independently-owned personal finance site today. Everything is written based off firsthand experience.

Now, with inflation cooling, rates easing, and capital returning, the tide may finally be turning. In this episode, I sit down with Ben Miller, CEO of Fundrise, who shares why he's more optimistic about CRE's future—and why the next three years could be far better than the last.

If you're looking to gain exposure to commercial real estate, take a look at Fundrise. Founded in 2012, Fundrise now manages over $3 billion for 380,000+ investors. Their focus is on residential-oriented commercial real estate in lower-cost markets - assets that tend to be more resilient than office or retail. Throughout the downturn, Fundrise continued deploying capital to capture opportunities at lower valuations. Now, as the CRE cycle turns, they're well-positioned to benefit from the rebound.

The minimum investment is just $10, making it easy to dollar-cost average over time. I've personally invested six figures into Fundrise's CRE offerings, and I appreciate that their long-term approach aligns with my own. Fundrise has also been a long-time sponsor of Financial Samurai, which speaks to our shared investment philosophy.

Related post: The End Of The CRE Recession Is Finally Here

Pick up a copy of my USA TODAY national bestseller, Millionaire Milestones: Simple Steps to Seven Figures. I've distilled over 30 years of financial experience to help you build more wealth than 94% of the population—and break free sooner.

To expedite your journey to financial freedom, join over 60,000 others and subscribe to the free Financial Samurai newsletter. You can also get my posts in your e-mail inbox as soon as they come out by signing up here.

Financial Samurai is among the largest independently-owned personal finance websites, established in 2009. Everything is written based on firsthand experience and expertise.

See this post for more details: How To Use The Tax-Free Exclusion Amount Every Two Years To Save On Capital Gains

(https://www.financialsamurai.com/how-to-strategically-use-the-tax-free-home-sale-exclusion-every-two-years/)

Pick up a copy of my USA TODAY national bestseller, Millionaire Milestones: Simple Steps to Seven Figures. I've distilled over 30 years of financial experience to help you build more wealth than 94% of the population—and break free sooner.

Listen and subscribe to The Financial Samurai podcast on Apple or Spotify. I interview experts in their respective fields and discuss some of the most interesting topics on this site. Your shares, ratings, and reviews are appreciated.

To expedite your journey to financial freedom, join over 60,000 others and subscribe to the free Financial Samurai newsletter. Financial Samurai is among the largest independently-owned personal finance websites, established in 2009. Everything is written based on firsthand experience and expertise.

Key Takeaways from the Podcast

1. AI Growth and Market Dynamics

• Revenue growth is accelerating in big AI companies like Anthropic.

• There's an AI benchmarking race where many products seem similar, but differentiation still matters—Ben Miller doesn't believe AI is a commodity at all.

• The biggest AI players continue to extend their lead, creating a "winner-take-most" dynamic.

2. Venture Capital Strategy and Concentration

• How much concentration is acceptable in a venture fund: up to 50% of the portfolio can be concentrated in just two companies.

• Importance of building a pipeline ("bench") of potential giants like OpenAI, Anthropic, and Databricks.

• Leveraging scouts in key hubs like San Francisco to source the next wave of private growth companies.

3. Valuation and Economic Concepts

• Growth-Adjusted Revenue Multiple as a more nuanced valuation approach for high-growth companies.

• Baumol Effect – rising costs in labor-intensive sectors despite limited productivity gains, and how this might influence AI adoption and consumer behavior.

4. Access and Allocation Challenges

• Figma IPO: Allocation was difficult even for well-connected investors; demand for strong growth companies far outstrips supply.

• Innovation Fund's approach: invested in 6 of the top 50 companies on the CNBC Disruptor list.

• The battle of connections and wealth—strong networks often determine who gets into the best deals.

See related post: The Futility Of Chasing Allocation In A Hot IPO Company

5. Strategic Advantages for Investors

• Directing a 2M+ user base to both invest in and use portfolio company products (examples: Ramp, Flywheel) as a growth driver.

• Using product adoption to create a feedback loop of higher valuations and more capital access.

6. Macro Perspectives on AI

• China's optimistic, aggressive push into AI contrasts with America's more cautious and sometimes pessimistic stance.

• Why I'm personally increasing my allocation to AI—both as a long-term growth opportunity and as a hedge against missing the next big wave.

Invest in Private Growth Companies With Fundrise

Companies are staying private longer, which means more gains go to early private investors rather than the public. If you don't want to fight in the IPO "Hunger Games" for scraps, consider Fundrise Venture.

About 80% of the Fundrise venture portfolio is in artificial intelligence—an area I'm extremely bullish on. In 20 years, I don't want my kids asking why I ignored AI when it was still early.

The investment minimum is just $10, compared with $200,000+ for most traditional venture funds (if you can even get in). You can also see exactly what the fund holds before you invest, and you don't need to be an accredited investor.

Pick up a copy of my USA TODAY national bestseller, Millionaire Milestones: Simple Steps to Seven Figures. I've distilled over 30 years of financial experience to help you build more wealth than 94% of the population—and break free sooner.

To expedite your journey to financial freedom, join over 60,000 others and subscribe to the free Financial Samurai newsletter. Financial Samurai is among the largest independently-owned personal finance websites, established in 2009. Everything is written based on firsthand experience and expertise.

To Your Financial Freedom,

Sam

As one of the pioneers of the modern-day FIRE movement in 2009, I've developed a new framework with clear action steps to help determine if you've truly reached "enough." It goes beyond the typical 4% rule or simply having 25 times your annual expenses in investable assets.

Related posts:

A Net Worth Equal To 25X Annual Expenses Is Not Enough To Retire Early

The Best Way To Determine If You Have Enough Money

The Minimum Investment Amount Where Work Becomes Optional

If You're Interested In 1X1 Consulting

For those of you who are interested in speaking with me about optimizing your personal finances, building a business, or negotiating a severance package, you can click here. Simply fill out the brief form at the end of the page and I'll get back to you within 24 hours.

I only take on two consulting clients a month, so there may be a wait. My goal is to help you see through blindspots and have the confidence to live your life the way you want.

Pick up a copy of my USA TODAY national bestseller, Millionaire Milestones: Simple Steps to Seven Figures. I've distilled over 30 years of financial experience to help you build more wealth than 94% of the population—and break free sooner.

Listen and subscribe to The Financial Samurai podcast on Apple or Spotify. I interview experts in their respective fields and discuss some of the most interesting topics on this site. Your shares, ratings, and reviews are appreciated.

To expedite your journey to financial freedom, join over 60,000 others and subscribe to the free Financial Samurai newsletter. Financial Samurai is among the largest independently-owned personal finance websites, established in 2009. Everything is written based on firsthand experience and expertise.

Check out the post: The Hidden Dangers Of Earning Risk-Free Pasisve Income

Suggestions

Check out Fundrise Venture if you're looking to gain exposure to some of the top private AI companies. You can view all of its holdings before investing, which adds a welcome layer of transparency. I've personally invested over $150,000 so far and plan to add more next month once I receive funds from a liquidity event. Fundrise is a long-time sponsor of Financial Samurai as our investment views are aligned.

Pick up a copy of my USA TODAY national bestseller, Millionaire Milestones: Simple Steps To Seven Figures, if you want to build more wealth. I synthesize 30 years of wealth-building knowledge to help you outperform 94% of the U.S. population so you can break free sooner.

Join over 60,000 others and subscribe to the free Financial Samurai newsletter. Financial Samurai is among the largest independently-owned personal finance websites, established in 2009. Everything is written based on firsthand experience and expertise.

See post: How To Gain The Courage To Buy The Dip And Prosper

Your shares, ratings, and reviews are appreciated! Every episode takes hours to record and produce. Your positive reviews help keep me recording.

Suggestions

Check out Fundrise Venture if you're looking to gain exposure to some of the top private AI companies. You can view all of its holdings before investing, which adds a welcome layer of transparency. I've personally invested over $150,000 so far and plan to add more next month once I receive funds from a liquidity event. Fundrise is a long-time sponsor of Financial Samurai as our investment views are aligned.

Pick up a copy of my USA TODAY national bestseller, Millionaire Milestones: Simple Steps To Seven Figures, if you want to build more wealth. I synthesize 30 years of wealth-building knowledge to help you outperform 94% of the U.S. population so you can break free sooner.

Join over 60,000 others and subscribe to the free Financial Samurai newsletter. Financial Samurai is among the largest independently-owned personal finance websites, established in 2009. Everything is written based on firsthand experience and expertise.

With AI eliminating jobs and making the path to financial independence even tougher, I wanted to sit down with another creator who forged his own way—building a business and income stream through podcasting.

I firmly believe everyone should build an online brand and develop a side hustle. The era of job security, pensions, and abundant opportunities is fading. You—and your children—need to learn how to create your own income streams.

Check out Joe's work at:

https://joesaulsehy.com

https://www.stackingbenjamins.com

Subscribe To Financial Samurai

Join 60,000+ others and subscribe to the free weekly Financial Samurai newsletter. My goal is to help you achieve financial freedom sooner, rather than later. Financial Samurai started in July 2009 and is the leading independently-owned personal finance site today.

This episode is sponsored by Fundrise Venture, an innovative venture capital product that invests in private AI companies like OpenAI, Anthropic, Anduril, Databricks, and more. The minimum investment to start is only $10, and I personally have invested over $185,000 in Fundrise Venture so far.

In this special episode, my wife and I sit down to talk about the journey behind the book: why I wrote it, what readers can expect, and how it ties into over a decade of sharing free financial content on Financial Samurai.

We also dive into the emotional side of writing—especially how the process impacted our family, what it means to lead by example for our kids, and what we hope this book will do for readers striving to build lasting wealth.

Whether you're just getting started on your financial journey or looking for that extra push to reach the next level, this episode gives you an honest, behind-the-scenes look at what it takes to turn knowledge into action—and how to stay motivated along the way.

Pick up a hard copy or two of Millionaire Milestones on:

• Amazon
• B&N
• Books A Million
• Your local book store or anywhere you buy books

Your reviews and shares are appreciate! There's nothing better than giving the gift of financial freedom.

Fight on!

Sam

Feel free to join 60,000 others and sign up for my free weekly newsletter as well. My goal is to help you achieve financial freedom sooner, rather than later.

Financial Samurai was founded in 2009 and is the leading independently-owned personal finance site today. Everything is written based off firsthand experience and knowledge because money is too important to be left to pontificaiton.

Related posts:

How To Survive The Most Dangerous Time After Buying A Home

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To Remodel With Permits Or Without To Save Time And Money

Wealth-Building Recommendations

This episode is brought to you by Fundrise, my preferred private real estate investment platform. Fundrise predominantly in residential and industrial commercial real estate in the Sunbelt, where valuations are lower and yields are higher. I've personally invested over $300,000 in Fundrise to diversify. The investment minimum is only $10, so it's easy to dollar-cost average in.

If you're ready to build more wealth than 93% of the population, grab a copy of my new book, Millionaire Milestones: Simple Steps to Seven Figures. With over 30 years of experience working in, studying, and writing about finance, I've distilled everything I know into this practical guide to help you achieve financial success.

To expedite your journey to financial freedom, join over 60,000 others and subscribe to the free Financial Samurai newsletter. Financial Samurai is among the largest independently-owned personal finance websites, established in 2009. Everything is written based on firsthand experience and expertise.

To Your Financial Freedom,

Sam

According to polls by YouGov and toy-maker Lego, being a YouTuber or TikToker consistently ranks as one of the top aspirations for teenagers and young adults today. Given this trend, I thought it would be insightful to chat with Humphrey about his journey.

With the soaring cost of college and the increasingly cutthroat competition to get accepted — even for some of the top high school students — more young people are considering bypassing traditional gatekeepers and creating something of their own. Becoming a content creator is one way to take control of your future and potentially achieve financial success on your own terms.

I invite you to check out our conversation and subscribe to Humphrey's personal finance YouTube and TikTok channels. It's clear that video is all the rage now and in the future.

If you enjoyed this podcast episode, I'd appreciate a positive review and a share. Each episode takes hours to create. Please also subscribe to my free weekly newsletter at www.financialsamurai.com/news.

To Your Financial Freedom,

Sam, Financial Samurai

I spoke with Ben Miller, co-founder and CEO of Fundrise, about how this turbulence could impact the real estate market. In essence, chaos can be good for real estate, and he believes real estate will outperform stocks in 2025 and potentially 2026.

Read the post with charts: Chaos, Uncertainty, Fear: Wonderful For Real Estate Investors

Join 60,000+ others and sign up for the free Financial Samurai newsletter here. Financial Samurai is the leading independently-owned personal finance site in the world with over 1 million organic pageviews a month. It was started in 2009 and everything is wirtten and spoken based off firsthand experience and knowledge.

With our million-dollar mindsets (post), we're not just accumulating wealth—we're creating happier, healthier, and more fulfilling lives than those who neglect their finances.

Since 2020, those of us who prioritize financial growth have seen our investments soar, making life significantly easier. My hope is that more people embrace this mindset—because with greater financial security comes more freedom, love, and opportunity for all.

Time To Take Action

If you're ready to take control of your finances and unlock new possibilities, pre-order Millionaire Milestones: Simple Steps to Seven Figures. This book will guide you toward financial freedom, helping you design life on your own terms.

Order your copy on Amazon or wherever you buy books. Your future self will thank you.

Join 60,000+ others and sign up for the free weekly Financial Samurai newsletter as well. I keep you engaged and thinking about personal finances so you can keep on building wealth for you and your family.

You can learn more about Dr. Grumet's book and his podcast, Earn & Invest, at Jordangrumet.com.

If you enjoyed this episode, I'd appreciate a share, rate and review. Each podcast takes hours to record and produce and your reviews keep me going.

If you want to stay on top of everything I write on Financial Samurai, you can subscribe to my free weekly newsletter here (www.financialsamurai.com/news).

If I'm going to build a $500,000+ position in an open-ended fund to gain more exposure to private AI companies, I want to fully understand how the fund operates.

Here are some of the questions I asked during our discussion:

• What happens to a private company that successfully goes public, and how does this impact the fund?
• Is it harder to identify a promising company or to actually invest in that company?
• How does Fundrise and other venture capital firms compete to gain access to invest in private companies?
• How does Fundrise approach risk management in its investments?
• What's the process for writing checks to invest in companies?
• If you don't have cash on hand, how do you secure a line of credit to invest in a company?
• How do you provide liquidity to investors in the Innovation Fund?
• How do you determine the size of a fund you want to run?

Related post: Why I'm Only Investing In Open-Ended Venture Capital Funds Going Forward

Join 60,000+ readers and subscribe to my free weekly newsletter here. My goal is to help you reach financial freedom sooner, rather than later.

Investing in stocks and bonds in your 401(k) or IRA are classic staples for retirement investing. However, I also suggest diversifying into real estate—an investment that combines the income stability of bonds with greater upside potential.

I've personally invested over $300,000 with Fundrise, and they've been a trusted partner and long-time sponsor of Financial Samurai. With a $10 investment minimum, diversifying your portfolio has never been easier.

Fundrise enables you to 100% passively invest in residential and industrial real estate without the headache of maintenance or tenants. With about $3 billion in private real estate assets under management, Fundrise focuses on properties in the Sunbelt region, where valuations are lower, and yields tend to be higher.

Subscribe To Financial Samurai

Listen and subscribe to The Financial Samurai podcast on Apple or Spotify. I interview experts in their respective fields and discuss some of the most interesting topics on this site. Your shares, ratings, and reviews are appreciated.

To expedite your journey to financial freedom, join over 60,000 others and subscribe to the free Financial Samurai newsletter.

Financial Samurai is among the largest independently-owned personal finance websites, established in 2009. Everything is written based on firsthand experience and expertise because money is too important to be left up to pontification.

While most Americans earn less in retirement, you aren't most people. You subscribe to the free Financial Samurai newsletter and are obsessed about money and living an incredible life!

Readers of personal finance sites like this one are likely saving far more and investing more strategically than the average individual. We're a nerdy bunch who care immensely about our financial future.

Thanks to the power of compounding, decades of disciplined saving and investing could result in you earning far more in retirement than you ever anticipated.

And perhaps equally as important is understanding how 401(k) and IRA withdrawals are taxed. They are considered deferred income and will be taxed as income, not capital gains.

You can read more and discuss on my post: Why You May Make More In Retirement Than While Working. There's an example too.

If you're serious about building wealth and retiring comfortably, consider signing up for Boldin's powerful retirement planning tools. They offer a free version and a PlannerPlus version for just $120/year—an affordable alternative to hiring a financial advisor. For the paid version, there's a free 14-days trial.

Boldin was specifically designed for retirement planning, providing a holistic approach to financial management. It goes beyond managing your stock and bond portfolio by integrating real estate investments, guiding Roth conversions to minimize taxes, helping with college savings, and addressing other real-life financial scenarios we all face.

As I approach the traditional retirement age, I've found Boldin's tools particularly helpful in deciding how much to convert to a Roth IRA. The ability to model various "what if" scenarios has been invaluable for planning my future, especially for when I'm older and less able to manage my finances.

To Your Financial Freedom,

Sam

Thanks for rating, sharing, and subscribing to my podcast. Every review means a lot.

Here are some quick thoughts about what to expect in 2025 for the stock market, real estate market, and Financial Samurai.

Mentioned posts:

2025 Wall Street S&P 500 Forecasts Are All Bullish – Uh Oh!

2025 Housing Price Forecasts: Continued Strong Gains

2025 Goals And Resolutions: Back To Simple Retirement Living

2024 Year In Review: A Year Of Transition And Luck

The Best Of Financial Samurai 2024: Favorite Posts And Popular Reads

30/30/3 Home Buying Rule To Follow

Join 60,000+ other readers achieving financial sooner by subscribing to my free weekly newsletter here.

John has interviewed hundreds of college admissions officers on his podcast, The College Admissions Process Podcast, and plans to interview hundreds more!

If you have any questions you'd like John to cover on future episodes, or any comments you'd like to share, please email him at: collegeadmissionstalk@gmail.com And don't forget to visit his website at www.collegeadmissionstalk.com

More resources:

Monica Romero Matthews - Facebook Group:

Scholarship Help & College Talk for Parents

https://how2winscholarships.com

You can start with Boldin's Basic Planner for free—it's far more detailed than a typical retirement calculator.

For just $120 a year, you can upgrade to PlannerPlus, unlocking its full potential. It's a fraction of the cost of hiring a financial advisor, and you can access it anytime without additional fees. Most importantly, PlannerPlus provides peace of mind, actionable insights, and the tools to grow your wealth far beyond the cost of the software.

For more information, see my post on Financial Samurai: Boldin Financial Planner Review: A Game-Changer For Financial Independence

I had the pleasure of speaking with Bill Bengen, creator of the "4% Rule" for retirement planning. Bill has been a reader of Financial Samurai for many years and has always been courteous in the comments section when I write about safe withdrawal rates. So, I figured it was time we had a chat to clear up some misconceptions.

For those unfamiliar, the 4% Rule, developed by Bill in the 1990s, suggests that traditional retirees (around age 65) can safely withdraw 4% of their retirement portfolio in the first year—adjusted for inflation in subsequent years—without running out of money over a 30-year period.

Here's what I learned from Bill that helped clarify the 4% Rule:

1. Not a Hard "Rule": Bill considers the 4% Rule more of a guideline than a strict rule. He encourages flexibility with withdrawal rates, though it's often treated as a rigid rule in the public eye.
2. 4% Isn't Actually Aggressive: Contrary to popular belief, Bill's data shows that 4% is actually conservative. In his study of 400 retirees since 1926, only one retiree (who retired in 1968) had to stick to a 4% rate to avoid running out of money. The rest withdrew an average of 7% without depleting their portfolios.
3. Adjusting for Inflation: The 4% Rule isn't static; it adjusts with inflation. For instance, if you start with a $1 million portfolio and withdraw $40,000 one year, you would adjust that amount by inflation the next year to $44,000. This means your withdrawals fluctuate with your financial needs and economic conditions.

You can e-mail bill at Bill@begenfs.com if you have any questions.

Posts mentioned:

Misconceptions About The 4% Rule With Bill Bengen

The Proper Safe Withdrawal Rate

Finishing Rich In A Low Return Stock Market Environment

If you enjoyed this episode please rate, share, and susbscribe. Every review means a lot as every episode takes hours to record, edit, and produce. Thank you!

To expedite your journey to financial freedom, join over 60,000 others and subscribe to the free Financial Samurai newsletter. Financial Samurai is among the largest independently-owned personal finance websites, established in 2009.

We'll look at how Trump's policies could affect stocks, real estate, bonds, venture capital, and even our careers. Overall, Trump's return is generally seen as positive for investors.

However, since investing in risk assets always carries uncertainty, it's essential to align your investments with your personal goals and risk tolerance.

Related posts:

What Trump Means For Your Finances

Financial Planning Through Changing Presidencies

Being Even Greedier While Others Are Greedy

Stock Market Performance Under A Democratic Or Republican Presidents

Suggestions:

If you're looking to diversify your investments beyond stocks, check out Fundrise. Fundrise manages over $3 billion in private real estate investments, with a primary focus on the Sunbelt region, where valuations are generally lower and yields tend to be higher.

As the Fed enters a multi-year cycle of interest rate cuts and with Trump as president, real estate demand may increase in the coming years. Given Trump's background and success in real estate, I wouldn't be surprised if he introduces buyer incentives and policies to support heartland regions, which were key in his election victory.

I've personally invested over $270,000 with Fundrise, and they are a long-time sponsor of Financial Samurai.

Finally, you can join 60,000+ readers and sign up for my free weekly newsletter here.

In this episode, I speak to Anthony Zhang, CEO and Founder of Vinovest, a platform that enables individuals to invest in fine wine and whiskey. We'll talk about why wine and whiskey have performed well and why they are a growing asset class.

I also talk to Anthony Zhang about bringing awareness to spinal cord injuries, after his own accident, and how we can help.

If you'd like to explore Vinovest's offerings, you can sign up here.

Related post: Sip, Savor, Profit: Investing In Fine Wine And Whiskey

******

If you enjoyed this episode, please rate, share, and review. Every podcast takes hours to produce. Your support means a lot!

Finally, if you want to achieve financial freedom sooner, join 60,000+ readers and sign up for my free weekly newsletter. Everything I write is based off firsthand experience because money is too important to be left up to pontification.

In today's episode, I speak with Alice Chen, Founder of BrightStory Admission Consulting, to find out more about the service.

Alice is a daughter of immigrants and grew up in the Boston area. Alice's father was a research scientist and her mother an auditor, so Alice grew up thinking that those who studied and worked the hardest would succeed.

But after attending Stanford and working in TV journalism, Alice quickly learned that IQ was not the most important factor for workplace (and life) success.

Alice created BrightStory to offer the mentoring she wishes she had as a teen. Alice also created Happy Asian Woman, a newsletter focused on wellness and living a meaningful life, and she incorporates these values into her coaching work.

*****

If you enjoyed this podcast, I'd appreciate a share and a positive review. It helps keep me motivated to finding new guests to share with all of you. Every podcast takes hours to record and produce.

To expedite your journey to financial freedom, join over 60,000 others and subscribe to the free Financial Samurai newsletter. Financial Samurai is among the largest independently-owned personal finance websites, established in 2009.

*****

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Expectations point to another 50 basis points in cuts for 2024 and a total of 100 basis points by 2025. Fed Chair Powell remains optimistic, stating the economy is 'very solid' and sees no elevated risk of a downturn.

In this episode, I'll break down what this rate cut means for real estate, stocks, and—most importantly—your retirement, focusing on the impact to your safe withdrawal rate.

Get A Free Financial Checkup Of Your Investment Portfolio

If you have over $250,000 in investable assets, take advantage and schedule an appointment with an Empower financial advisor here. Complete your two video calls with the advisor before October 31, 2024, and you'll receive a free $100 Visa gift card.

After a great run in stocks, another recession could hit. It's always a good idea to get a second opinion about how your investments are positioned, especially from a professional who sees other people in your situation all the time.

Related posts:

Maximizing Real Estate Returns In A Multi-Year Interest Rate Cut Cycle

Increasing The Safe Withdrawal Rate For Retirement At The WRONG Time

Join 60,000+ others and subscribe to the free weekly Financial Samurai newsletter here. This way, you'll never miss a thing.

Main Theme: Interest rates are the most significant driver of real estate prices, surpassing operational improvements. Apartments are likely to benefit the most by the end of 2025.

Diversify Your Real Estate Investments

If you're considering investing in private real estate, take a look at Fundrise. They manage private real estate funds focused on the Sunbelt region, where valuations are lower, and yields are higher. Fundrise specializes in residential and industrial real estate, offering investors diversification and passive income potential.

Currently, Fundrise manages over $3 billion for nearly 400,000 investors. I've personally invested over $270,000 with Fundrise, and they've been a proud sponsor of Financial Samurai for years.

Related post: Maximizing Real Estate Returns In A Rate Cut Environment

Join 65,000 others and subscribe to the free weekly financial Samurai newsletter here.

His journey mirrors mine in many ways, though he earned significantly more. I thought it would be fascinating to understand why he chose to walk away from such wealth.

Could you give up $1-2 million a year in your mid-to-late 30s? I don't think I could. But then again, I sometimes forget just how miserable and unhealthy I felt working on Wall Street.

He now spends time with his family, writing his Radreads newsletter and recording The Examined Life podcast.

→ The RadReads email newsletter and blog http://radreads.co/join → The Examined Life Podcast https://pod.link/1692585605

If you enjoyed this conservationed, I'd love a share and a positive review. Every review counts!

For those with over $250,000 in investable assets who want a free financial checkup, you can schedule an appointment with an Empower financial advisor here (https://www.financialsamurai.com/advisor). If you complete your two video calls with the advisor before October 31, 2024, you'll receive a free $100 Visa gift card.

With stock market volatility returning and a potential recession on the horizon, it's wise to get a second opinion from a professional. Illuminate financial blindspots you don't know you have and better optimize your finances. The last thing you want is to be misallocated relative to your financial goals and risk tolerance. When you lose money, you ultimately lose precious time.

Again, you can schedule your free financial consultation here. If you do not see a link copy and paste this URL in your browser: https://www.financialsamurai.com/advisor

The statement is provided to you by Financial Samurai ("Promoter") who has entered into a written referral agreement with Empower Advisory Group, LLC ("EAG"). Click here to learn more.

Regards,

Sam

You can join 60,000+ others and subscribe to the free Financial Samurai newsletter here. Financial Samurai began in 2009 with the goal of helping readers achieve financial freedom sooner, rather than later.

Once you reach this threshold, you'll have the option to find a more fulfilling job that pays less, take a sabbatical, go back to school, stay at home to raise your children, or even retire

Related post: The Minimum Investment Threshold Where Work Becomes Optional

Recommended Resources:

Read How to Engineer Your Layoff to learn more about negotiating a severance package. When it's time to leave that dreadful job behind, try to negotiate a severance package instead of simply quitting. Since you planned to quit anyway, negotiating a severance only has upside. You could receive a severance check, subsidized healthcare, unvested stock and cash, job search assistance, and more. Plus, you'll likely be eligible for unemployment benefits, which aren't available to those who quit.

To build wealth through real estate, check out Fundrise. Thanks to 11 rate hikes since 2022, there are now more commercial real estate opportunities. With interest rates heading down, pent-up demand for real estate may be unleashed, potentially boosting prices in the future. Since real estate has lagged behind stocks since 2022, I expect its performance to catch up over time.

To achieve financial freedom sooner, join 60,000+ others and sign up for my free weekly newsletter.

Given that Financial Samurai is about achieving financial freedom sooner, being financially dependent on someone as an adult is the exact opposite of what I want for readers.

A tradwife typically denotes a woman who believes in and practices traditional gender roles and marriages. Some may choose to take on a homemaking role within their marriage or leave their careers to focus on meeting their family's needs at home.

According to Google Trends, online searches for the term "tradwife" began to rise in popularity around mid-2018 and reached high levels during the early 2020s.

If you enjoyed this podcast episode, please rate, review, share and subscribe. It helps us grow.

Related posts:

Financial Dependence Is the Worst

Not Having Kids Is Your FIRE Super Power

To increase your chances of achieveing financial independence sooner, join 60,000+ others and subscribe to the Financial Samurai newsletter.

My Home-To-Car Ratio guide helps personal finance enthusiasts reduce their car spending and maximize their house spending in a practical way. By following my guide, more people will build more wealth than those who don't!

See: The Right House-To-Car Ratio For Financial Freedom

To invest in private real estate, take a look at Fundrise, my favorite private real estate investing platform. Fundrise was founded in 2012 and manages over $3.3 billion with over 500,000 investors. The firm focuses on residential and industrial properties in the Sunbelt, where valuations are lower and cap rates are higher. Take advantage of the demographic shift to lower-cost areas of the country.

Personally, I've invested $954,000 in private real estate since 2016 to diversify my exposure and earn more passive income. I've invested six figures in Fundrise's Flagship Fund and Fundrise is a sponsor of Financial Samurai.

Join 70,000 others and sign up for my weekly financial freedom newsletter here. If you do, you'll improve your chances of building more wealth.

We talk about being a stay-at-home dad, the temptation of going back to work, buying property in San Francisco, and his FAANG FIRE newsletter he publishes twice a month. It is the only newsletter I've read that helps tech workers achieve financial independence.

If you enjoy this episode please rate and review! It helps us grow. Please also share the episode to those who you think would find it useful.

Regards,

Sam

You can join 60,000+ others and sign up for my free weekly newsletter here.

This experience taught me that experiencing financial difficulty often triggers a saver's mindset. The key is to maintain this saver's mindset at all times, not just when you're in a crunch.

Articles Referenced:

Embrace Living Paycheck To Paycheck For A Better Life

Why Earning Less Passive Income Has Changed My Life For The Better

Three Sneaky Expenses That Are Ruining Your Budget

Recommendations

Real estate is my favorite asset class for most people to build long-term wealth. It's important to invest your savings to try and beat inflation.

If you'd like to invest in real estate without a mortgage, check out Fundrise, my favorite private real estate platform. The investment minimum is only $10 to help you diversify and earn more passive income.

Financial Samurai is a six-figure investor in Fundrise funds and Fundrise is an investor in Financial Samurai.

Join 70,000 others and subscribe to my free weekly newsletter. You'll increase your chances of achieving financial freedom sooner if you do.

Articles referenced:

Understanding Why People Getting Into Property Bidding Wars

Analyzing Housing Price Dynamics: Helping Buyers Buy At The Best Time

Real estate is my favorite asset class for most people to build long-term wealth. If you'd like to invest in real estate without a mortgage, check out Fundrise, my favorite private real estate platform. The investment minimum is only $10 to help you diversify and earn more passive income.

Financial Samurai is a six-figure investor in Fundrise funds and Fundrise is an investor in Financial Samurai.

Join 70,000 others and subscribe to my free weekly newsletter. You'll increase your chances of achieving financial freedom sooner if you do.

If you're a couple interested in a great tool to manage your finances together, check out Plenty. They've got a great cash flow tool that enables individual, joint, and private money management. Plenty also offers Direct Indexing investment at a low cost.

I've personally met the team multiple times in their offices in San Francisco as I consulted for them.

If you've enjoyed this episode, please leave a review. Every episode takes hours to produce and every review means a lot.

Thanks!

Sam

• Why claim to be retired while having a working spouse?
• Why work so many hours after having a newborn?
• Why leave your family when your children are still young and need fathers the most?

Doing these things didn't make much sense to me until I had an epiphany: every person has a different inherent desire to provide thanks to biology. And given biology is innate, we cannot help the way we are!

Read: A Provider's Clock For Men Is Similar To A Biological Clock For Women

For those of you with children and/or debt, it's imperative to get an affordable term life insurance policy to protect your loved ones. Take a look at Policygenius, an insurance market place that will offer affordable life insurance quotes in one place with no obligations.

My wife and I got matching 20-year term policies during the pandemic and felt an enormous sense of relief.

Thank you for your shares and reviews of this podcast. They help keep me recording! Sign up for my free weekly newsletter to never miss a thing. - Sam

We discuss how company valuations are calculated in the fund, a defense AI investment, and so much more.

The Innovation Fund is an open-ended venture capital fund with only a $10 minimum. You can see what the fund is investing in before you decide to invest and how much. Unlike traditional closed-end venture capital funds, you can gain liquidity if you want in one quarter.

Check out the Innovation Fund here. Financial Samurai is an investor in Fundrise and Fundrise is a long-time sponsor of Financial Samurai.

Personally, I'm bullish on artificial intelligence and will be building $500,000 worth of exposure to AI companies and funds that invest in artificial intelligence over the next five years. In 20 years, I don't want my children asking me why I didn't invest in AI near the beginning.

Related post: Artificial Intelligence: How To Protect Yourself And Benefit Financially

Subscribe To Financial Samurai

To achieve financial independence sooner, Join 60,000+ others and subscribe to the free Financial Samurai newsletter.

If you enjoyed this episode, please share, rate, and review. Every review means a lot as each episode takes hours to produce.

Colleen has a new book out entitled Piano Wants To Play. It is a wonderful book for children and adults of all ages who appreciate music. It is also a touching story about rekindling the joy we had as children.

Colleen has been a long-time illustrator for Financial Samurai, creating all of the custom Samurai-themed graphics, including the logo and the Financial Samurai mask.

As you may know, it can be challenging to make a living as a creative professional. Therefore, I'm proud to support Colleen's endeavors.

If you're looking to support artists, the best way to do so is to purchase their work and hiring them. Please consider purchasing a copy of Piano Wants To Play and visiting Colleen's website at ckongsavage.com.

If you want to learn more about being a children's author and illustrator, you can check out the resources at www.highlightsfoundation.org and www.scbwi.org.

If you enjoyed this episode, I'd appreciate a review and a share!

To Your Financial Freedom,

Sam

I know many real estate agents, realtors, and brokerages are upset with the ruling. However, the decision was decided quickly by a jury of our peers. The money that would have went into the real estate industry's pockets are now going back into the homeowners' and investors' pockets.

See:

Why Every Residential Real Estate Investor And Homeowner Is Richer

Busting The Real Estate Cartel With Attorney Mike Ketchmark

Recommendations

Check out Fundrise, my favorite private real estate platform with over $3.3 billion under management for 500,000+ investors. With mortgage rates coming down and the stock market strong, the demand for real estate is building.

Fundrise predominantly invests in residential and industrial real estate in the Sunbelt region, where valuations are lower and yields are higher. I believe there is a multi-decade demographic shift towards lower-cost areas of the country thanks to technology.

Financial Samurai is an investor in Fundrise funds and Fundrise is a long-time sponsor of Financial Samurai.

Subscribe To Financial Samurai

To achieve financial freedom sooner, join 60,000+ others and subscribe to the free Financial Samurai newsletter.

If you enjoyed this episode, please share, rate, and review. Every review means a lot as each episode takes hours to produce.

Related post: Income Required To Afford A Typical Home In The Top 50 Cities

Recommendations

1) Check out Fundrise, my favorite private real estate platform with over $3.3 billion under management for 500,000+ investors. With mortgage rates coming down and the stock market strong, the demand for real estate is building.

2) To invest in artificial intelligence and other private growth companies, check out the open-ended Innovation Fund. You can see what the fund invests in before you invest and how much. The investment minimum is only $10.

Financial Samurai is an investor in Fundrise funds and Fundrise is a long-time sponsor of Financial Samurai.

Subscribe To Financial Samurai

To achieve financial freedom sooner, join 60,000+ others and subscribe to the free Financial Samurai newsletter.

If you enjoyed this episode, please share, rate, and review. Every review means a lot as each episode takes hours to produce.

Related post: Climbed To The Top Of The Property Ladder

Recommendations

1) Check out Fundrise, my favorite private real estate platform with over $3.3 billion under management for 500,000+ investors. With mortgage rates coming down and the stock market strong, the demand for real estate is building.

2) To invest in artificial intelligence and other private growth companies, check out the open-ended Innovation Fund. You can see what the fund invests in before you invest and how much. The investment minimum is only $10.

Subscribe To Financial Samurai

Join 60,000+ others and subscribe to the free Financial Samurai newsletter.

If you enjoyed this episode, please share, rate, and review. Every review means a lot as each episode takes hours to produce.

We talk about what it was like making a reality TV show, running a restaurant, expansion potential, and raising a family in San Francisco on chef hours.

You can find Kathy on Instagram @ChefKathyFang and on her website at KathyFang.com.

If you enjoyed this episode, I'd appreciate a review, share, and subscribe. Every episode takes hours to produce.

To achieve financial freedom sooner, join 60,000+ others and subscribe to the Financial Samurai newsletter here.

Financial Samurai began in 2009 and is one of the largest independently-owned personal finance sites with one million pageviews a month. Visit the site here.

To help you overcome your fear of investing, I suggest coming up with an investment thesis. An investment thesis is your north star and will help you hold strong during difficult times.

For more details, see the post: An Investment Thesis Is The Key To Making More Money Long Term

Investing Thesis For 2024 And Beyond

1) A recovery in the real estate market as it plays catchup to the stock market. Check out Fundrise, my favorite private real estate platform with over $3.3 billion under management for 500,000+ investors.

2) A boom in artificial intelligence that will boost profits and economic growth. To invest in AI and other private growth companies, check out the open-ended Innovation Fund. You can see what the fund invests in before you invest and how much.

Subscribe To Financial Samurai

Join 60,000+ others and subscribe to the free Financial Samurai newsletter.

If you enjoyed this episode, please share, rate, and review. Every review means a lot as each episode takes hours to produce.

Due to career aspirations, higher education, and the rising cost of living, couples are taking longer to get married and have children. In addition, couples are also building more wealth on their own before getting married.

Plenty is based in San Francisco, California and will launch its platform by April 1, 2024. You can get on the waitlist or join now, depending on when you listen to this episode.

You can also subscribe to the Plenty newsletter and read the Plenty blog if you care about couples issues such as getting married, buying a house, starting a family, saving for college and more.

If you've enjoyed this episode, please leave a review. Every episode takes hours to produce and every review means a lot.

Thanks!

Sam

Noah's new book is called Million Dollar Weekend by my same publisher, Portfolio Penguin. You can find Noah on Twitter and YouTube.

Related posts on entrepreneurship:

How Much Entrepreneurship Income Is Needed To Replace Your Day Job Income

What If You Take A Leap Of Faith And Your Dreams Don't Come True

The Lifestyle Business Or The Big Payout

Support Financial Samurai

If you enjoyed this episode, I'd appreciate a subscribe, share, and review. Every review counts!

You can join 60,000+ others and subscribe to the Financial Samurai newsletter here.

He believes October 2023 was the bottom and we're going up from here.

1. The reasoning behind Ben's belief that October 2023 marked the bottom, and the less obvious indicators supporting this perspective.
2. The motivation behind selling during this period, just after reaching the presumed bottom.
3. The possibility of using one fund's cash to support a deal in which another fund is investing.
4. Ben's insights on investing in office properties at significant discounts.
5. Drawing parallels between e-commerce and the work-from-home trend, highlighting the potential permanent increase in the value of residential properties.
6. Emphasizing the importance of investing in alignment with macroeconomic tailwinds, not headwinds.
7. Discussing the anticipated percentage upside in institutional real estate prices for 2024.
8. Exploring the methodology for calculating the Net Asset Value (NAV) of specific properties within the fund.
9. Recognizing the non-linear nature of significant changes and the importance of staying invested to benefit from high catalyst moments.
10. Reflecting on Ray Dalio's perspective – "I'd rather be approximately right than precisely wrong" – especially in the context of predicting year-end interest rates.
11. Considering the viewpoint that a recession might be bullish for real estate due to the potential rapid and extensive decline in interest rates.

If you want to dollar-cost-average into a Fundrise fund, you can do so by clicking here. The investment minimum is $10. Financial Samurai is an investor in Fundrise and Fundrise is a long-time sponsor of Financial Samurai.

Here are some of our goals and financial predictions for 2024. Overall, we're optimistic about the year.

Related posts:

2024 S&P 500 Forecasts

2024 Housing Price Forecasts

2024 Financial Samurai Goals

Explaining All The Surprise Capital Calls

Investing In 2024

If you'd like to invest in the rebound in real estate in 2024, check out Fundrise, my favorite private real estate platform with over $3.3 billion under management for 500,000+ investors.

To invest in AI and other private growth companies, check out the open-ended Innovation Fund. You can see what the fund invests in before you invest and how much.

We'd love a share and a review of the podcast. Each episode takes at least two hours to produce.

Related post:

2023 Financial Samurai Year In Review: More Failes Than Wins

The Best Posts And Podcasts On Financial Samurai 2023

To Succeed, Intrinsic Rewards Must Dominate Extrinsic Rewards

Subscribe To Financial Samurai

Join 60,000+ others and subscribe to my free weekly newsletter. This way you always stay on top of the most important events in the stock market, real estate market, and everything personal finance.

Pick up a copy of my WSJ bestseller, Buy This Not That. As a first edition, first print with some typos, it could be a valuable collector's item in the future.

If you enjoyed this episode, please rate, review, and subscribe!

Posts mentioned:

Community College May Be The Way: How I Plan To Spend $1.5 Million

Median Income Earned By Ivy League Graduates

Keep In Touch With Financial Samurai

Join 60,000+ others and subscribe to my free weekly newsletter. This way you always stay on top of the most important events in the stock market, real estate market, and everything personal finance.

Their attorneys have formidable experience and expertise from practicing at the highest levels of the profession—from the top law firms in Boston to publicly traded corporate legal departments.

Episode Synopsis

If you retire early, chances are high you will have an itch to return to work within a year or two.

Only after publishing my post, Why It's So Hard To Stay Retired After Retiring Early, did I discover the one solution that will help folks continue to stay out of the work force.

I then went deeper and wrote the post, Why It's So Hard To Leave San Francisco Now. When there's so much going on in the city by the bay today, you can't help but want to stay.

If you enjoyed this episode please rate, review, share, and subscribe! Every review counts.

Suggestions

If you're looking to invest in artificial intelligence companies, take a look at the Fundrise Innovation Fund. It has democratized access to investing in private growth companies with only a $10 minimum.

Join 60,000+ others and subscribe to the Financial Samurai newsletter.

If you're an NBA fan or a professional sports fan, you're going to love this episode.

Please rate, review, and subscribe to the podcast. Every review means a lot!

Related Financial Samurai posts:

Where Are All The Adult Athletes? Sports And Your Career

The Secret To Your Success: 10 Years Of Unwavering Commitment

Subscribe To Financial Samurai

Join 60,000+ others and subscribe to my free weekly newsletter. This way you always stay on top of the most important events in the stock market, real estate market, and everything personal finance.

Episode Synopsis

Supposedly by the time our children turn 19, we will have spent 80% - 90% of the time we will ever spend with them. But that statistic is ridiculous if we make the effort.

Let's talk about something absurd, like relocating to where our adult children are once we are retired.

Posts mentioned:

Having Absurd Dreams Is OK Because Sometimes They Come True

The Pandemic Was An Experience In Hedging Your Life

Keep In Touch With Financial Samurai

Pick up a copy of How To Engineer Your Layoff. It will teach you how to negotiate a severance package so you can spend more time with your children or do what you want. Use the code "saveten" at checkout to save $10.

Join 60,000+ others and subscribe to my free weekly newsletter. This way you always stay on top of the most important events in the stock market, real estate market, and everything personal finance.

If you're into real estate, thinking of selling or buying a home, or are curious about how lawyers get compensated, you're going to love this episode!

Related posts:

Real Estate Collusion Revealed! Misaligned Commission Incentives

Real Estate Alternative

If you're looking to invest in private growth companies, take a look at the Fundrise Innovation Fund. Roughly 35% of its investments are currently in AI-related companies, which is likely the revolutionary technology over the coming decade.

Show notes:

We know the median American household has a net worth of about $193,000 and the average American household has a net worth of $1.06 million. But what about the top 1% of American households?

If you want to beat out 99% of Americans, this is how large your net worth should be by age, at a minimum! Is the grind worth it since 99% will fail? I'm not sure that it is. Let's discuss.

Related post: Top 1% Net Worth By Age

Keep In Touch With Financial Samurai

Join 60,000+ others and subscribe to my free weekly newsletter. This way you always stay on top of the most important events in the stock market, real estate market, and everything personal finance.

I'm afraid because it's scarier to buy a home when demand is down. There's a comfort in buying when everybody else wants to buy.

But I think I'm mostly afraid of buying because I had to convince my wife. As a result, if anything unfortunate happens after we move, I will feel guilty and to blame.

If you are thinking of making a big move where you and your partner are not 100% alilgned, perhaps this episode will spur you to communicate more about your fears and worries.

Posts mentioned:

5 Ways To Overcome Emotional Attachment To Buy A New Home

30/30/3-5 Rule For Home Buying

Income And Net Worth Requirements To Buy A Home At All Price Points

Recommendations

To invest in real estate more strategically and passively, check out Fundrise. Fundrise manages over $3.3 billion, mostly in residential and industrial real estate in the Sunbelt. The spreading out of America is going to be a multi-decade trend. FS is an investor and affiliate partner of Fundrise.

Join 60,000+ others and subscribe to my free weekly newsletter. This way you always stay on top of the most important events in the stock market, real estate market, and everything personal finance.

Related posts:

The Average American Household Is Now A Millionaire

The 30/30/3-5 Homebuying Rule

What Millionaires Do:

1) Invest in stocks

2) Participate in their retirement plans

3) Invest in real estate

4) Start and invest in private companies

Investment mention: The Fundrise Innovation Fund that invests in private growth companies in AI, fintech, proptech, and more.

If you enjoyed this episode, please rate, review, and subscribe! Every review makes a difference.

Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.

We talk about how Roger got into Harvard, why he decided to become an entrepreneur instead of go into the management consulting or finance world, AI, and more.

You can learn about Roger's other companies here:

Comprehensive.io (payments startup)

Layoffs.fyi (layoff tracker in the tech industry)

Related posts on Financial Samurai:

Net Worth Compositions By Levels Of Wealth: Build A Business Already

The Top 10 Reasons To Start An Online Business Today

Reflections On Making Money Online Since 2009

Career Advice For Those Wanting To Join A Startup

Keep In Touch With Financial Samurai

Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.

If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Use the code "saveten" to save $10 at checkout.

If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

If you've ever wanted to become a freelancer and make side money or full-time freelancer money, this is your show! You can find out more about Eric at Eric.money.

Subscribe To Financial Samurai

Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.

If you enjoyed this podcast, I'd appreciate a great review and a share with your friends! Every review means a lot.

Because for the longest time it boggled my mind how wealthy, privileged people could feel so entitled instead of so grateful.

Posts mentioned:

Entitlement Mentality Is A Sneaky Wealth Destroyer

How To Calculate The Value Of A College Degree

Investor Virtue Signaling In A Capitalist Country Is Fascinating

Support Financial Samurai

Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.

If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Use the code "saveten" to save $10 at checkout.

If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

You can find out more about Daniel at The Darwinian Doctor (https://thedarwiniandoctor.com) and on his TikTok page at (https://www.tiktok.com/@thedarwiniandoctor?lang=en)

Real Estate Recommendation

Check out Fundrise, a premier private real estate platform if you want to invest in real estate passively. Fundrise mainly invests in residential and industrial properties in the Sunbelt, where yields are higher and valuations are lower.

Related Financial Samurai Posts: Don't Make $400,000 A Year: Look At How GS Analysts Suffer Thinking About Getting A PhD? Not Sure If It's Worth It 20 Best Side Hustles To Make Extra Money

Subscribe To Financial Samurai

Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.

If you enjoy this episode, please share, rate, and subscribe. It helps the FS podcast grow!

We also discuss parenthood, how to live a successful life, and how to be more inclusive of different voices in the personal finance field and elsewhere.

Please share, rate, and review if you enjoyed the episode!

Subscribe To Financial Samurai

Join 60,000+ others and subscribe to my free weekly newsletter. This way you always stay on top of the most important events in the stock market, real estate market, and everything personal finance.

For more, read my Fundrise Innovation Fund Review post.

To invest in the Innovation Fund, with an investment minimum of only $10, CLICK HERE.

Fundrise is a long time sponsor of Financial Samurai. In 2016, I recognized Fundrise's investment thesis of investing in heartland real estate was exactly like mine. So we formed a business partnership that has now lasted for years.

For those who wish to feel a little less stress, a little more calm, and a lot more confident about tackling change, this episode is for you.

Please rate, review, share, and subscribe! Every review means a lot.

Support Financial Samurai

Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.

Financial Samurai began in 2009 and is one of the largest independently-owned personal finance sites in the world with over 1 million visitors a month. Sam is one of the pioneers of the modern-day FIRE movement.

If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Use the code "saveten" to save $10 at checkout.

If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

Financial Samurai Posts:

401(k) Balances By Generation

How To Calculate the Value Of Your Pension

The 60-Day Rollover Rule

The Right Ratio Between Income And Distribution

Recommendations

Diversify into real estate more strategically and passively with Fundrise. Fundrise manages over $3.3 billion, mostly in residential and industrial real estate in the Sunbelt. The spreading out of America is going to be a multi-decade trend. FS is an investor and affiliate partner of Fundrise.

Sign up for Empower, the best free online financial tool to manage your 401(k). With Empower, you can x-ray your 401(k) portfolio for excessive fees, track your net worth, and better plan for your retirement.

I've been using Empower to track my net worth since 2012. The more you can stay on top of your finances, the better you can optimize your finances. Both Fundrise and Empower are affiliate partners.

Join 60,000+ others and subscribe to my free weekly newsletter. This way you always stay on top of the most important events in the stock market, real estate market, and everything personal finance.

• An Audience of One: Reclaiming Creativity for It's Own Sake
• Unmistakable: Why Only is Better Than Best

• Maximize Your Output Youtube Channel- Knowledge Management Tutorials
• The Ultimate Guide to building a Second Brain With Mem
• How to Take Smart Notes E-Course

• Maximize Your Output with Mem

Subscribe To Financial Samurai

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Let me share with you why buying a home with contingencies can make you lots of money. It will also make you feel better in the process!

Relevant posts:

Buying A Home With Contingencies Is Like Getting A Free Call Option

How To Invest Your Down Payment If You Are Planning To Buy A Home

Real Estate Recommendation

Check out Fundrise, a premier private real estate platform if you want to invest in real estate passively. Fundrise mainly invests in residential and industrial properties in the Sunbelt, where yields are higher and valuations are lower.

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If you enjoy this episode, please share, rate, and subscribe. It helps the FS podcast grow!

To buy the book, click here (BiggerPockets) or above and use the discount count SAMURAI to save 10%. It's an incredibly thorough book if you ever wanted to start building your real estate empire.

You can also buy the book on Amazon if you missed the initial promotion on Biggerpockets in the link above.

Keep In Touch With Financial Samurai

Join 60,000+ others and subscribe to my free weekly newsletter. This way you always stay on top of the most important events in the stock market, real estate market, and everything personal finance.

To invest in real estate more strategically and passively, check out Fundrise. Fundrise manages over $5 billion, mostly in residential and industrial real estate in the Sunbelt. The spreading out of America is going to be a multi-decade trend.

Please visit his website https://www.charliealbright.com to connect, learn, and book. I saw Charlie perform live and it was a magical experience.

Charlie also was kind enough to record an amazing improvision of a lullaby I wrote called, Cutie Baby. You can hear my version and his piano version. https://www.financialsamurai.com/cutie-baby-a-samurai-lullaby/

Finally, Charlie provided his thoughts on creativity and how to be more creative in my post, How To Be More Creative. https://www.financialsamurai.com/how-to-be-more-creative/

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By plotting our experiences across four boxes, we can gain powerful insight into our decision-making process: Stress Center = low control/low certainty Comfort Zone = high control/high certainty Launch Pad = high control/low certainty Passenger Seat= low control/high certainty

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If you have not done so already, call your home insurance company to review your coverage details. You don't want to be caught underinsured in case the worst happens.

Relevant FS post: What's In A Home Insurance Policy? Things You Need To Know

Recommendations

If you're looking for a home insurance policy, check out Policygenius, the one stop marketplace for home insurance and other insurance needs. Instead of apply to individual insurance carriers one-by-one, apply for a home insurance policy on Policygenius and get multiple insurance offers. Then choose the best one that's right for you.

For more nuanced personal finance content, join 60,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

Related Posts:

The Pandemic Was An Experience In Hedging Your Life

Why Blogging Is The Best Business In The World

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Related posts:

When Life Gives You Trouble, Remember The Navy SEALS Term: Full Benefit

The Secret To Your Success: 10+ Years Of Unwavering Commitment

A Parent's Guide To Traveling With Kids

When Is The Right Time To Travel Abroad With Kids?

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We discuss some of the various problems startup founders and CEOs face, the attributes they have to make them a success, what success means, and the difficulties of having a career and raising a family in a big city like New York.

You can find Liz Tran and Reset, her executive coaching business here. You can also find her website at Liz-Tran.com and her podcast here.

Subscribe To Financial Samurai

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If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye.

Use the code "saveten" to save $10 at checkout.

If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

One of the main reasons why I like Fundrise is due to Ben Miller's cautious nature about business and investments. As a steward of capital, I want the steward to look out for landmines everywhere.

If you'd like to invest in the Income Fund and explore other investment opportunities, you can sign up with Fundrise here.

If you enjoy this episode, please share, rate, and subscribe. It helps the FS podcast grow!

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We then talk about the awesomeness of gig work and how to change our attitude when bad things happen with the term Full Benefit.

Related post:

When In Trouble, Remember The Term FULL BENEFIT!

20 Best Side Hustle Ideas To Make Extra Money

Spoiled Or Clueless? Try Working A Minimum Wage Job

Subscribe To Financial Samurai

Pick up a copy of How To Engineer Your Layoff. It will teach you how to negotiate a severance package so you can spend more time with your children or do what you want. Use the code "saveten" at checkout to save $10.

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You can also subscribe to my post e-mail list and get notified via e-mail every time I publish a new post.

Dan also runs The Tropical MBA podcast where he talks about running 7-figure lifestyle businesses.

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If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye.

Use the code "saveten" to save $10 at checkout.

If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

We also discuss Simone's own background and how he plans to balance being a freelancer with living in an expensive city. Simone is a fellow Portfolio Penguin author.

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If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye.

Use the code "saveten" to save $10 at checkout.

If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

Alphabetical List of Episodes with Podcast link to the right of each school:

https://docs.google.com/document/d/17smCKRwNBUuTRXZxxT4J3FJpfjie7TXeLreLBxrI-ZI/edit

John's email for any follow up questions: collegeadmissionstalk@gmail.com

Subscribe To Financial Samurai

Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.

If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye.

Use the code "saveten" to save $10 at checkout.

If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

Posts to read:

An Asian-American's View On Affirmative Action In College Admissions

The Joy Of Low Expectations: When Nobody Believes In You

Connect With Financial Samurai

Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.

If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Use the code "saveten" to save $10 at checkout.

If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

Get custom mortgage rate quotes with Credible, where lenders compete for your business.

For more nuanced personal finance content, join 60,000+ others and sign up for the free Financial Samurai newsletter. This way, you never miss a thing.

Episode Overview

In generally, paying off debt is a good thing. However, paying off your mortgage early may not bring you the joy you hope. Let me share some circumstances where paying off your mortgage won't help you much at all.

Posts to read:

Paying Off Your Mortgage Won't Bring The Joy You Expect

The Triple Benefit Of Paying Off Your Mortgage Early

Learn how Jamie rose to the ranks of Managing Director and why she left millions behind four years after making MD. We also discuss raising a family in the NY Metropolitan area and life after corporate America.

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Posts mentioned:

10 Warning Signs To Know Before Buying A Home

The Risks Of Upgrading Homes Nobody Really Thinks About

Early Retirement And Minimalism Go Together Perfectly

Recommendations

Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.

If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Use the code "saveten" to save $10 at checkout.

To invest in real estate. take a look at Fundrise, my favorite private real estate platform. Fundrise has funds that invest primarily in single-family and multi-family properties in the Sunbelt.

If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

Subscribe to Andre's FAANG FIRE newsletter here. He focuses on financial independence for tech workers.

Keep in Touch With Financial Samurai

Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.

If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Use the code "saveten" to save $10 at checkout.

If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

For those of you itching to leave your day job to become an entrepreneur, you'll appreciate the insights on how Harry decided to take the leap of faith.

Recommendations

Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.

If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Use the code "saveten" to save $10 at checkout.

If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

We also discuss how my desire for cars have changed as I've aged.

Relevant posts:

The Best Way To Save On Car Maintenance

The Biggest Benefit Of Driving A Cheap Old Car

8 Cars In 10 Years: I Have A Car Buying Addiction

Keep in Touch With Financial Samurai

Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.

If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Use the code "saveten" to save $10 at checkout.

If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

For more nuanced personal finance content, join 60,000+ others and sign up for the free Financial Samurai newsletter. This way, you never miss a thing.

Episode Overview

After discussing our wins and our regrets during the pandemic, I realized I left out one of our biggest "wins": gut remodeling a home!

Let's discuss the trauma of remodeling a home and who should do it. Because it's not for everybody!

Related posts:

Why Home Remodeling Always Takes Longer And Costs More Than Expected

Remodel With Permits Or No?

If you enjoy this podcast, I'd appreciate a great review and a share with your friends!

Support My Work

To build generational wealth, pick up a copy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investment decisions so you can live a better, more fulfilling life.

To learn how to negotiate a severance and be free, pick up a copy of How To Engineer Your Layoff. Use the code "saveten" to save $10.

Episode Overview

A reader asked me why I bother with active investing when passive investing has proven to be the winner long term.

Posts mentioned:

Two Levels Of Rich: One Of Which Doesn't Rely On Index Funds

How I'd Invest $1 Million Today For A Better Tomorrow

Active versus Passive Index Investing Performance Comparison

If you enjoy this podcast, I'd appreciate a great review and a share with your friends!

Support My Work

To build generational wealth, pick up a copy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investment decisions so you can live a better, more fulfilling life.

To learn how to negotiate a severance and be free, pick up a copy of How To Engineer Your Layoff. Use the code "saveten" to save $10.

Episode Synopsis

If you're interested in investing in top venture capital, venture debt, and private equity funds let me share with you how. Being an accredited investor is enough since plenty of people have a lot of money.

Relevant posts:

Why Invest In Private Funds Even Though They Have High Fees

How I'd Invest One Million Dollars Today

Understanding Venture Debt

Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get all my posts via e-mail as soon as they come out by subscribing here.

Finally, if you enjoy this podcast, I'd appreciate a great review and a share with your friends! Your reviews are what keep me going.

Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.

If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

Support My Work

To build more wealth, pick up a copy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investment decisions so you can live a better, more fulfilling life.

To learn how to negotiate a severance and be free, pick up a copy of How To Engineer Your Layoff. Use the code "saveten" to save $10. Negotiating a severance was my #1 catalyst to retire early.

Episode Synopsis

Now that the Public Health Emergency for COVID-19 has been lifted, I wanted to review the entire pandemic period. I'll talk about some wins and some regrets. Essentially, the pandemic was an experience in hedging our lives against regret. What are you proud of doing and not doing since 2020?

Posts mentioned:

The Pandemic Was An Experience In Hedging Your Life

It's newly updated for 2023 and is now in its 6th edition with 50 more pages (250 pages total) of strategies. Use the code "saveten" to save $10.

Don't forget to join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing.

Finally, if you enjoy this podcast, I'd appreciate a great review and a share with your friends!

Episode Synopsis

If you go to a top 0.5% school, you better get paid at least a top 1% income right? Wrong. Let's look at the median income earned by Ivy League graduates three years, 10 years, and 20 years out. We'll also look at what these Ivy League graduates end up doing for work.

Posts mentioned:

Median Income For Ivy League Graduates: Unimpressive At First

Find Your Ikigai: Your Reason For Being

Regards,

Sam

Stay on top of your finances by signing up with Empower, the best free wealth management app today. Since 2012, I've been using Empowers free tools to manage my net worth an x-ray my portfolio for excess fees.

If you enjoyed this episode, please leave a positive 5-star review!

Episode Synopsis

Despite all the carnage in the banking sector, the Fed hiked rates again on May 3, 2023 to 5% - 5.25%. This is the highest Fed Funds rate since 2007, a year before the global financial crisis devastated millions of lives.

Let's look on the brightside if we go back into a deep recession.

Posts mentioned:

The Upside Once The Fed Destroys The Middle Class

Personal Lessons Learned Since The 2008 Global Financial Crisis

Support My Books

To build generational wealth, pick up a copy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investment decisions so you can live a better, more fulfilling life.

To learn how to negotiate a severance and be free, pick up a copy of How To Engineer Your Layoff. Use the code "saveten" to save $10.

For more nuanced personal finance content, join 60,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

If you enjoyed this episode, please leave a positive 5-star review!

Episode Synopsis

It's newly updated for 2023 and is now in its 6th edition with 50 more pages (250 pages total) of strategies. Use the code "saveten" to save $10.

Posts mentioned:

A Visit To Pity City Shows Your Boss Doesn't Care About You

Who Makes A Million Dollars A Year? A Look At The Top 0.1% Earners

For more nuanced personal finance content, join 60,000+ others and sign up for the free Financial Samurai newsletter. This way, you never miss a thing.

Episode Overview

I think a window of opportunity to buy a house has opened in 2023. Let me discuss three reasons why it may be good to buy in 2023, and four risks to watch out for.

Posts mentioned:

Buying A House In 2023: A Window Of Opportunity Emerges

Follow The 30/30/3 Home Buying Rule

Please take a moment to rate and review this podcast! It helps keep us going.

To Your Financial Freedom,

Sam

To build generational wealth, pick up a copy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investment decisions so you can live a better, more fulfilling life.

To invest in real estate. take a look at Fundrise, my favorite private real estate platform. With mortgage rates falling and the S&P 500 rebounding, we're entering a good time to start investing in real estate again.

For more nuanced personal finance content, join 60,000+ others and sign up for the free Financial Samurai newsletter. This way, you never miss a thing.

Episode Overview

If you're feeling anxious as a parent, even with a six-figure household income, I hear you. Due to tremendous competition, comparison, and uncertainty, parents are feeling more stressed than ever before. Let's discuss some solutions.

Posts mentioned:

Generational Wealth And The Angst Of The Not Rich Enough Class

Scraping By On $500,000 A Year: Why Some Can't Escape The Rat Race

Why Families Need To Earn $300,000 A Year To Live A Middle Class Lifestyle Today

For more nuanced personal finance content, join 60,000+ others and sign up for the free Financial Samurai newsletter. This way, you never miss a thing.

Episode Synopsis

For 99.99% less than the cost of college, pick up a copy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investment decisions so you can live a better, more fulfilling life.

Episode Synopsis:

The total all-in cost for four years at a state college is about $165,000 and the total all-in cost for four years at the most expensive private college is about $320,000. As a result, how the heck are most families going to pay for college?

Let's explore the many different ways to pay for college to give our children more opportunities while not crushing our own finances in the process.

Posts mentioned:

The Different Ways To Pay For College And My Blind Spot

Roth IRA Or 529 Plan To Pay For College?

The Pros And Cons of Superfunding A 529 Plan

Join 55,000+ others and sign up for my free weekly newsletter. I dissect all the most important financial topics of the week so you don't miss a thing. You can also get my posts in your inbox immediately after they come out by signing up here.

Protect your wealth by picking up a copy of Buy This, Not That. It is your unfair competitive advantage to building greater wealth and making more optimal big life decisions.

Episode Synopsis

Being a venture capitalist is one of the best jobs in the world. Let me share why. For those of you interested in investing in venture capital, you'll have to manage your cash flow to meet your capital calls. A general discussion on navigating private investing in this current environment.

Mentioned posts:

How To Better Manage Your Private Investment Capital Calls

The Ideal Number Of Banking Relationships To Have

Why I Invest In Private Funds Despite The High Fees

Please share this episode with a friend and rate the podcast if you enjoy it!

Sam

Recommendations

Join 55,000+ others and sign up for my free weekly newsletter. I dissect all the most important financial topics of the week so you don't miss a thing. You can also get my posts in your inbox immediately after they come out by signing up here.

Protect your wealth by picking up a copy of Buy This, Not That. It is your unfair competitive advantage to building greater wealth and making more optimal big life decisions.

With mortgage rates dropping, the demand for real estate is picking up. Further, the desire to own real assets is also increasing with all this funny money. Take a look at Fundrise, a leading private real estate investment platform that primarily invest in the Sunbelt.

Please share this episode with a friend and rate the podcast if you enjoy it!

Thanks,

Sam

Join 55,000+ others and sign up for my free weekly newsletter and get my posts delivered to your e-mail by subscribing here.

To gain more financial wisdom than 99% of the population, pick up a copy of Buy This, Not That. My instant WSJ bestseller will be the best personal finance book you'll ever read.

Episode Summary:

With the government taking over SVB and Singature Bank, Treasury bond yields are now collapsing. Expectations for the terminal Fed Funds rate is now down from about 5.25% to 4.8%.

Post mentioned: The Best Way To Get Rich: Turn Funny Money Into Real Assets

To gain more financial wisdom than 99% of the population, pick up a copy of Buy This, Not That. My instant WSJ bestseller will be the best personal finance book you'll ever read.

Episode Summary:

The collapse of Silicon Valley Bank, the 16th largest bank in America was a shock to me and many.

As investors, it's worth trying to understand why SVB would buy 10-year Treasury bonds in 2021, near the top of the market. Let's discuss and also talk about other key takeaways from SVB's collapse.

Posts mentioned:

How To Prepare For A Bank Run As Contagion Spreads

Understand The Yield Curve: A Prescient Economic Indicator

How To Pick A Stock Market Bottom Like Nostradamus

Join 55,000+ others and sign up for my free weekly newsletter and get my posts delivered to your e-mail by subscribing here.

Thank you for your positive 5-star podcast reviews and for Buy This, Not That!

Episode Summary:

Are you thinking about contributing or converting tax-deferred funds into a Roth IRA? Let me share some math and some reasons why and why you shouldn't contribute.

Posts mentioned:

Shifting Assets From Tax-Deferred To Tax-Now Retirement Vehicles

Disadvantages Of A Roth IRA

Why I Never Contributed To A Roth IRA But Why You Probably Should

Join 55,000+ others and sign up for my free weekly newsletter and get my posts delivered to your e-mail by subscribing here.

Thank you for your positive 5-star reviews with commentary on my book and this podcast. It helps keep me motivated!

Episode Summary:

Episode Overview

With Treasury bonds yielding over 5%, the temptation to buy them is great! Let's discuss stocks versus Treasury bonds versus cash in 2023 and 2024.

Personally, I'm happy to invest new money in Treasury bonds as we wait for earnings to decline, the Fed to stop hiking, and a potential recession to play out.

Posts mentioned:

Why You Won't Regret Buying Treasury Bonds Yielding 5%+

Net Worth Targets By Age Or Work Experience

The Main Type Of Investment Risk Exposure To Be Aware Of

Check out Empower (previously Personal Capital), the best free tool to help you track your money. With Empower, you can track your investments, see your asset allocation, x-ray your portfolios for excessive fees, and more.

Pick up a copy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investment decisions so you can live a better, more fulfilling life.

Pick up a copy for sale on Amazon today! It'll be the best personal finance book you ever read. Thanks for all the 5-star reviews so far.

As one of the pioneers of the modern-day FIRE movement, I've witnessed many changes since 2009. In the good old days, the goal was to simply generate enough passive income to cover your living expenses. You could then retire early because you were financially independent.

Post-pandemic, however, I've come to realize early retirement / FIRE is now becoming obsolete. We no longer have to invent new definitions of financial independence. We no longer have to retire early either!

Let me explain why.

See post: Why FIRE Is Becoming Obsolete

Check out Personal Capital, the best free tool to help you track your money. With Personal Capital, you can track your investments, see your asset allocation, x-ray your portfolios for excessive fees, and more.

Also check out NewRetirement, software specifically built to help you achieve the best retirement possible. NewRetirement's retirement features are the most comprehensive on the market today.

Pick up a copy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investment decisions so you can live a better, more fulfilling life. Thanks for all your positive reviews!

- Sam

Check out Personal Capital and NewRetirement, the two best tools to help you build wealth and manage your wealth in retirement.

Click here to see the short-term and long-term capital gains tax rate charts for 2023. This episode discusses the ideal amount of passive income to make and the ideal invested capital to accumulate based on the current tax rates.

Mentioned posts:

The Ideal Net Worth Amount Before Retiring

The Difference Between Active Income And Passive Income

****

Click here for the happiness by age chart.

I've finally discovered the best reason to retire early. A longer steady-state period of happiness. It has taken me 10 years of fake retirement to come up with this epiphany because I had to experience the process myself.

In the past, I've written that early retirement isn't all sunshine and rainbows. I went through plenty of struggles trying to find meaning and purpose during my first two years post traditional work. Therefore, it wasn't clear that early retirement brought about more happiess.

Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions using a risk-appropriate framework by age and work experience.

Arm yourself with the knowledge you need so your money will work harder for you. Pick up a copy on sale at Amazon today!

Thank you for writing a postivie 5-star review for this podcast and my book. I really appreciate it!

If you don't have enough fear, you're going to remain set in your ways. You won't have the motivation to make more money, get in better shape, meet new people, and live a better life.

Posts mentioned:

The One Ingredient For Achieving Financial Independence

Conduct A Regret Minimization Exercise To Move Forward

The Importance Of Feeling Consistently Uncomfortable For Personal Growth

If you want to invest in real estate more surgically, take a look at Fundrise. Demand for real estate is starting to rebound as mortgage rates and prices decline. With foreigners looking to buy U.S. real estate again, we could see a nice recovery.

Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions using a risk-appropriate framework by age and work experience.

Arm yourself with the knowledge you need so your money will work harder for you. Pick up a copy on sale at Amazon today!

Thank you for writing a postivie 5-star review for this podcast and my book. I really appreciate it!

In case you are a hardworker who is getting discriminated against based on your identity, here are 7 strategies to survive and thrive if merit no longer matters in the future.

Mentioned posts:

How To Survive The War On Merit

Grades No Longer Matter, Hooray!

Don't Let Honor And Pride Leave You On Hard Mode Forever

Recommendations

If you'd like to support my ad-free podcast, pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. BTNT is on sale at Amazon today!

For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

As always, thanks for all the positive book reviews and podcast reviews. They help keep me going.

Posts mentioned:

Losing All Your Money On Margin Might Not Be The Worst That Can Happen To You

Buying Stocks On Margin Is A Bad Idea

Quantify Your Risk Tolerance Using FS-SEER

Recommendations

If you'd like to support my ad-free podcast, pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. BTNT is on sale at Amazon today!

Check out Personal Capital, the best free tool to help you manage your finances. With Personal Capital, you can track your investments, see your asset allocation, x-ray your portfolios for excessive fees, and more. Staying on top of your investments during volatile times is a must.

For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

As always, thanks for all the positive book reviews and podcast reviews. They help keep me going.

Here's a recap of 2022 and our goals for 2023. We'd love to hear about how 2022 went for you and what are your plans for 2023!

Posts mentioned:

2023 Financial Samurai Goals

2022 Financial Samurai Year In Review

The Best Posts On Financial Samurai 2022

Recommendations

If you'd like to support my ad-free podcast, pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. BTNT is on sale at Amazon today!

Check out Personal Capital, the best free tool to help you manage your finances. With Personal Capital, you can track your investments, see your asset allocation, x-ray your portfolios for excessive fees, and more. Staying on top of your investments during volatile times is a must.

For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

As always, thanks for all the positive book reviews and podcast reviews. They help keep me going.

The Financial Samurai podcast is an outlet from fatherhood. It's been a long and hard journey so far. Now instead of tennis, pickleball is my latest outlet from Financial Samurai and fatherhood.

Join 55,000+ subscribers and sign up for my free weekly newsletter. This way, you'll never miss a thing, and learn to build more wealth in a risk-appropriate manner. You can also sign up for getting all my posts via e-mail.

If you'd like to support my ad-free podcast, pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. BTNT is on sale at Amazon today!

Posts mentioned:

Why You Should Play Pickleball

Surprising Solutions To Loneliness

The Ideal Weight By Height, Sex, and Frame

Where Are All The Adult Athletes? Pushing Sports On Your Kid Early May Be A Waste

Pickleball Equipment Recommendations:

I went with the Head Radical Elite for under $60. And I'm sure you can buy used paddles for as little as $20.

A three-pack of Franklin balls costs about $8 and can last over 20 games if you're a beginner.

Merry Christmas and Happy Holidays! Thanks for listening to my podcast all year and also sharing my work. Financially, it's been a hard year for most of us. However, we're still here! Which means we still have the ability to make things better.

I hope my episodes have brought you knowledge, laughter, and joy. All the best to you and your family.

Recorded 43 Episodes Without A Single Sponsor

If you'd like to support my ad-free podcast, pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. BTNT is on sale at Amazon today!

For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

Happy Holidays,

Sam

Check out this post, Solutions To The Loneliness Epidemic, to see the charts on exactly how much more lonely we are.

Other posts mentioned:

Solving The Happiness Conundrum In Five Moves Or Less

How Being An Older Parent Can Be Awesome

The Negatives Of Early Retirement Nobody Likes Talking About

Resources For Greater Wealth

Nothing is better than the gift of education. Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. Pick up a copy on sale at Amazon today!

For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

Click this post to see the relevant charts: 2023 Housing Price Forecasts: More Bears Than Bulls

If you want to invest in real estate more surgically, take a look at Fundrise. I just had an hour-long conversation with Ben Miller, CEO of Fundrise. Its fixed income fund is generating an 8%+ yield. Further, Fundrise is using its existing cash to hunt for distressed deals with 12-14% yields. Our views about 2023 housing prices are very similar.

Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions using a risk-appropriate framework by age and work experience. Arm yourself with the knowledge you need so your money will work harder for you. Pick up a copy on sale at Amazon today!

For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

Unfortunately, the Federal Reserve is determined to crush the economy and send us back into a recession in 2023. A 5.125% terminal Fed Funds rate is way too much. However, we must accept this reality and prepare. At least we know doom is returning in the next 18 months, unlike in 2007. Given we know what's coming, we can prepare!

Relevant post: How To Enjoy Your Life As The Fed Ruins The World

Recommendation Give the gift of financial freedom by picking up a copy of Buy This, Not That. There's nothing better than having the knowledge and the money to do whatever you want. You can learn about my instant Wall Street Journal besteller here.

Let's explore the second biggest financial mistake I see people make. It has to do with improper forecasting and entitlement. If you can avoid this financial mistake, you will likely build far more wealth than most people.

Read the post here: The Second Biggest Financial Mistake To Avoid Making

Recommendations This holiday season, give the gift of financial freedom by picking up a copy of Buy This, Not That. There's nothing better than having the knowledge and the money to do whatever you want.

Track your net worth with Personal Capital, the best free wealth management app today. I've used Personal Capital since 2012. Join 55,000+ others and sign up for my free weekly newsletter.

Let me share some latest issues with being a landlord. Then I'll share why I love owning rental property as well. With the growth of private real estate, I've coming to love owning rental properties even more since I no longer have to manage them and deal with tenants!

To invest in real estate 100% passively, check out Fundrise, my favorite vertically integrated real estate investment platform. Fundrise has been around since 2012 and now manages over $3.5 billion, mostly investing in Sunbelt/Heartland real estate. I believe in the long-term trend of investing in lower-cost areas with higher rental yields.

Posts mentioned:

My Love Hate Relationship With Owning Rental Properties

Never Ask To Borrow Money From Friends And Family Members

Focus On Trends: Why I'm Investing In The Heartland Of America

Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions using a risk-appropriate framework by age and work experience. Arm yourself with the knowledge you need so your money will work harder for you. Pick up a copy on sale at Amazon today!

For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

Posts Mentioned:

Private Real Estate Investing: Key Takeaways After 5+ Years Of Investing

Trophy Homes, Trophy Wives, And Now Trophy Children

10 Years Of Fake Retirement Later, Some Important Thoughts

Resources For Greater Wealth

Nothing is better than the gift of education. Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. Pick up a copy on sale at Amazon today!

For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

The reality is, none of us should want to be viewed as elite. If we are, then we are exclusionary, not inclusionary and that's no good.

Posts mentioned:

When The Elites Go On Strike, We Should Pay Attention

Be Rich, Not Famous: The Joy Of Being A Nobody

How To Negotiate A Severance And Be Free

The Unhealth Desire For Prestige Is Ruining Your Life

When To Play The Status Game

Resources For Greater Wealth

Nothing is better than the gift of education. Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. Pick up a copy on sale at Amazon today!

For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

Other posts mentioned:

How I'd Invest $250,000 In Today's Bear Market

How To Buy Treasury Bonds And Buying Strategies To Consider

Personal Lessons Learned Since The 2008 Global Financial Crisis

Resources For Greater Wealth

Nothing is better than the gift of education. Pick up a hardcopy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investing decisions to build more wealth and live better lives. Pick up a copy on sale at Amazon today!

CIT Bank is offering a 18-month CD at a market-leading 4.5%. Sign up here and take advantage of higher rates.

For more nuanced personal finance content, join 55,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.

To shop around for affordable life insurance, take a look at PolicyGenius. Both my wife and I have used PolicyGenius to save, double our coverage, and renew our policies. I've known the founder for 10 years.

Posts mentioned:

Your Anxiety Of Death Can Be Quantified By Life Insurance Demand Data

The Best Age To Get Life Insurance Based On Logic And Reasoning

To never miss a thing, joing 55,000+ others and subscribe to my free weekly newsletter. You'll boost your personal finance knowledge and make better decisions.

Post for more details and charts: The Ideal Age To Retire To Minimize Regret And Maximize Happiness

Great retirement products:

Personal Capital - Favorite free wealth management app. I've been using the app since 2012.

NewRetirement - A fantastic retirement speciality planner with more powerful features.

More Financial Samurai:

Buy This, Not That - My WSJ bestselling book on helping you achieve financial freedom sooner, rather than later.

Financial Samurai Free Weekly Newsletter - Join 55,000+ others and never miss a thing.

Nine days later, on November 10, 2022, the thesis was spot on as October inflation numbers came in below expectations. How did well-paid PhD economists & Wall Street strategists not recognize upcoming inflation figures will likely come in below EXPECTATIONS?

Conversely, how did a tired, stay-at-home dad without a job since 2012 get it right? This episode is on how to make better investment forecasts to hopefully make more money. We won't be able to get investing right all the time, but we can do work to help increase our odds of making better decisions.

To Support Financial Samurai:

Buy This, Not That: How To Spend Your Way To Wealth And Freedom (Instant Wall Street Journal Bestseller to help you build more wealth and make more optimal choices.)

How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye (The #1 book on helping you negotiate a severance. Mass layoff season is here. Prepare yourself to walk away with potentially more money.)

Free Financial Samurai Newsletter (Join 55,000+ subscribers so you never miss a thing)

Follow On Twitter @FinancialSamura

See: Lessons Learned From The FTX Collapse

Also, mass layoffs are heating up. I recommend preparing for a layoff before you are actually laid off. Because once you're laid off, you no longer have leverage. Please read How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. You can save $10 off the book by inputting "saveten" during check out.

Join 55,000+ others and sign up for my free weekly newsletter so you never miss a thing on Financial Samurai. Everything is written based off firsthand experience and knowledge.

Learn what it means for the economy, stocks, and real estate.

Key links:

Post to read: It's Easier To Generate More Passive Income In A Bear Market

Purchase a hard copy of my instant Wall Street Journal bestseller, Buy This, Not That. It will be the best personal finance book that you will ever read.

Join 60,000+ other subscribers and sign up for my free weekly newsletter here. I review all the week's key insights and posts.

Mentioned posts:

It's Easier To Generate More Passive Income In A Bear Market

How To Have A Risk-Appropriate Asset Allocation When Investing

Great Products:

NewRetirement - An excellent retirement planning software

Fundrise - My favorite way to invest in private real estate and diversify a portfolio for less volatility and more passive income

Buy This, Not That: How To Spend Your way To Wealth And Freedom - The best personal finance book

Mentioned posts:

How To Have A Risk-Appropriate Asset Allocation

How To Quanity Your Risk Tolerance With FS SEER

How To Enjoy Your Life As The Fed Ruins The World

Sign up for free weekly newsletter here.

Pick up a hard copy of Buy This, Not That if you want an unfair competitive advantage in building more wealth.

Post mentioned: How I'm Investing $250,000 In Today's Bear Market.This became a viral post that got picked up by Flipboard and Google.

To gain an unfair competitive advantage in building wealth, pick up a hard copy of Buy This, Not That: How To Spend Your Way To Wealth And Freedom. I synthesize my 27 years of investing experience to help you grow your wealth and make better decisions.

Sign up for my free weekly newsletter here. Every week, I'll recap the most important posts and financial topics with my own spin so you never miss a thing.

Disclaimer: This episode is not investing advice for you since we have different financial situations and you are not my client. I have no clients. This is my own thought process on how I'm deploying my cash. Please do your own due diligence before making any investment. Your decisions are yours alone.

Learn how to buy treasury bonds directly and on the secondary market. I'll also share my treasury bond buying strategies to help you make more informed decisions.

Mentioned post: How To Buy Treasury Bonds

One of the main reasons why I wrote Buy This, Not That was to better protect people during downturns. There is simply too much wild Wild West nonsense in the investing space. The book is on sale at Amazon today. Join 50,000+ others and sign up for my free weekly newsletter here. I highlight the latest events and share my candid thoughts on why they matter.

Even though the yield curve is inverted, portending to a deeper recession, at least we can earn a higher rate on our risk-free money.

If you are a homeowner with a mortgage rate of less than 4%, you can now live for free! HOORAY!

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Pick up a hardcopy of my new Wall Street Journal bestseller, Buy This, Not That. If you want an unfair competitive advantage to building more wealth, this book is it.

Join 50,000+ others and sign up for my free weekly newsletter. I recap the week's main events and share my thoughts as a 28-year finance veteran.

* High yield cash account Personal Capital Cash

* 3-month treasury bills

* Heartland real estate to capture strong rents with Fundrise

I also share my thoughts on the best time to upgrade to your move-up property. One of the few silver linings of an aggressive Fed!

Check out the post here and leave a comment with your opinion. Here's a post if you want to learn how to convince people you are middle class when you're actually rich!

Finally, if you want an unfair competitive advantage in building more wealth and tackling some of life's biggest dilemmas, pick up a hard copy of my WSJ bestseller, Buy This, Not That. The book has the biggest sale on Amazon.

The boundary between work and personal life has completely blurred for millions of work-from-home folks in particular. As a result, more people are burning out.

Quiet Quitting is also wonderful for parents, whom I think suffered the most during the pandemic. Feel free to share your thoughts in my Quiet Quitting post.

Support my work by picking up a hardcopy of my WSJ bestseller, Buy This, Not That. It is your unfair competitive advantage to building more wealth and making better decisions.

Finally, join 50,000+ others and sign up for my free weekly newsletter. I highly the major events of the week and my candid thoughts.

If you want to go deeper into real estate, I discuss real estate over three chapters in my Wall Street Journal Bestselling book, Buy This, Not That. Amazon is having a great 31% off sale.

Also, shoutout to Fundrise, my favorite real estate investing platform that focuses on single family and multi-family homes in the Sunbelt. Relocating to lower-cost areas of the country is a multi-decade trend I am investing in thanks to technology.

After a long 2.5-year journey, my wife and I reflect on what it took to create this new bestseller. When in doubt, do hard things! I'm certain BTNT will help change your life for the better.

You can purchase on Amazon, Barnes & Noble, or anywhere that sells books. It is a #1 bestseller on Amazon in Retirement Planning and is tracking to be a WSJ Bestseller. Thank you for your support and I'd appreciate a postiive 5-star review online if you enjoyed it.

-Sam, Financial Samurai

Mentioned posts:

How To Convince Someone You Are Bad When You're Actually Pretty Good

I Could Have Been A White Man, But I Remained Asian

It's launch week! Pick up a hard copy of Buy This, Not That: How To Spend Your Way To Wealth And Freedom. And if want to listen to audio, it's over 12 hours long!

You'll find more of this type of insightful and derivative thinking in my new bestseller, Buy This, Not That: How To Spend Your Way To Wealth And Freedom. Order a hardcopy today! It'll be one of the best personal finance books you'll ever read.

To help you achieve financial independence sooner, pick up a hard copy of my new book, Buy This, Not That: How To Spend Your Way To Wealth And Freedom. It's full of actionable advice that also helps you tackle some of life's biggest dilemmas with less regret.

Also sign up for my free weekly newsletter so you never miss a thing. Financial Samurai started in 2009 and is one of the largest personal finance sites today with over 1 million organic pageviews a month.

Sign up for my free weekly newsletter here.

Also, pick up a hard copy of my new book, Buy This, Not That: How To Spend Your Way To Wealth And Freedom.

Post mentioned: 10 Years Of Fake Retirement Later: Important Lessons Learned

Please pre-order a hard copy of my upcoming book, Buy This, Not That: How To Spend Your Way To Wealth And Freedom. It'll be the best book you'll ever read.

https://www.financialsamurai.com/what-is-considered-mass-affluent-definition-based-off-income-net-worth-investable-assets/

https://www.financialsamurai.com/who-makes-a-million-dollars-a-year-exploring-the-top-0-1-income-earners/

I use this methodology for tackling some of life's biggest dilemmas in my upcoming book, Buy This, Not That: How To Spend Your Way To Wealth And Freedom.

You can check out the latest rent and inflation charts here.

In this episode, let me share with you 5 reasons why I wrote the book.

www.financialsamurai.com/buythisnotthat

Posts mentioned:

https://www.financialsamurai.com/dynamic-safe-withdrawal-rate-in-retirement/

https://www.financialsamurai.com/withdrawal-rate-in-retirement-bear-market/

https://www.financialsamurai.com/the-negatives-of-early-retirement-life-nobody-likes-to-talks-about/

Posts referenced:

https://www.financialsamurai.com/how-to-feel-less-guilty-about-paying-no-federal-income-taxes/

https://www.financialsamurai.com/how-to-pay-little-to-no-taxes-for-the-rest-of-your-life/

Posts with graphs mentioned:

Stock Market Performance During Previous Rate-Hike Cycles

Fed Rate Hikes Won't Significantly Impact Borrowing Costs

For an easy way to invest in real estate, a top-performing sector in a rising interest rate environment, check out Fundrise. Fundrise invests in single-family and multi-family rentals across the Sunbelt.

Post Mention: Recession Indicator Charts

Posts mentioned:

Financial Observations Since The Start Of The War

Financial SEER: How To Quantify Your Risk Tolerance

Post mentioned: How To Hedge Your Bets After You've Made A Mistake

The Right Contribution Order

Capital Preservation Investments

Posts mentioned:

2022 Stock Market Forecast

Why Real Estate Is Preferred

Investment Returns vs. Active Income