The Financial Samurai Podcast

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.  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 We know about the different ways WE can pay for college. Now let's figure out how to get OTHERS to pay for our college! The more we can understand the ins and outs of the financial aid system, the more free money we can get.   Posts mentioned:   How To Game The College Financial Aid System   MyIntuition.Org College Financial Aid Calculator   Regards,   Sam

Join 60,000+ 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.  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

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.  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

With bank runs everywhere, I hope everybody is conducting an internal review of your existing banking relationships! I've done mine and I've decided three banking relationships is ideal for most people.   Posts mentioned:   The Ideal Number Of Banking Relationships   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

If you enjoy the Financial Samurai podcast and this episode, please leave a great 5-star review! It keeps me motivated to keep recording. Thank you.  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

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: 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

To explore whether to convert funds to a Roth IRA, check out NewRetirement. It's Roth Conversion Explorer tool enables you to test out your Roth IRA conversion plan under various tax and wealth scenarios. I recommend you check it out to help you minimize taxes for the future. 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

Give yourself or others the gift of financial education by picking up a copy of Buy This, Not That. It is your unfair competitive advantage to building greater wealth. 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: Everybody is up in arms about inflation. But is inflation really hurting us that bad? Does the Fed really have to crush the economy to reduce inflation? The solutions to lower our household expenses seems straightforward. But perhaps it's not easy due to human nature. Here's how to permanently defeat inflation so you can live a more comfortable and affordable life.   Posts mentioned:   Combatting Inflation Is Straightforward But Not Easy   Only The Rich Can Buy New Cars Today   Real Estate Is My Favorite Asset Class To Build Wealth   To Your Financial Freedom, Sam

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.  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 Resources For Greater Wealth 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. 

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 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 Resources For Greater Wealth 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