The Financial Samurai Podcast

Latest Episodes:

Why Employees Need To Negotiate A Severance And Continuously Fight For Themselves Apr 25, 2023

Show notes

For employees who plan to move on to a different job, try and negotiate a severance package so you can leave with money in your pocket. To learn how, check out my book, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye.

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

Buying A House In 2023 Is Looking More Attractive: Positive Reasons Why And Some Negatives Apr 21, 2023

Show notes

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.

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

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To Your Financial Freedom,

Sam

Generational Wealth And Two More Solutions For Anxious Parents Apr 15, 2023

Show notes

Please take a moment to rate and review this podcast! It helps keep us going. This podcast is ad-free and a labor of love.

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

Beating FAFSA And The College Financial Aid System To Get Free Money Apr 05, 2023

Show notes

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

The Many Ways To Pay For College So You Don't Go Broke Mar 29, 2023

Show notes

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.

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

Being A Venture Capitalist, Investing In Venture Capital, And Navigating Capital Calls Mar 24, 2023

Show notes

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

Why The Ideal Number Of Banking Relationships Is Three Mar 17, 2023

Show notes

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

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.

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

Thanks,

Sam

Treasury Bond Yields And Regional Banks Are Collapsing And A Refocus On Real Assets Mar 13, 2023

Show notes

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

Why Would Silicon Valley Bank Buy 10-Year Treasury Bonds Near The Top Of The Market? Mar 11, 2023

Show notes

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

The Right Marginal Income Tax Bracket To Contributing Or Converting To A Roth IRA Mar 09, 2023

Show notes

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

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