The Financial Samurai Podcast

Latest Episodes:

Standing Up Against Racism In America Jun 01, 2020

Show notes

Racism is systemic in America. We must speak up and fight back against racism. We must share our stories and hold racists accountable for their actions. Do not stay silent during this time of crisis. Let us do our part in helping end the cycle of hate.

Mentioned posts:

Dear Minorities, Please Use Racism As Motivation To Achieve Financial Independence

The Importance Of Feeling Consistently Uncomfortable For Personal Growth

College Is Becoming Too Risky Of A Gamble To Make May 28, 2020

Show notes

I've been skeptical about college for a while, but now that the pandemic has hit and tens of millions of jobs are lost and perhaps never coming back, I find college to be too risky of an investment to make for the average middle class family.

Pertinent posts:

https://www.financialsamurai.com/should-i-go-to-public-school-or-private-school/

https://www.financialsamurai.com/recommended-529-plan-amounts-by-age/

https://www.financialsamurai.com/accept-1000000-to-attend-public-school-over-private-school/

Where Does The Stock Market Go From Here? S&P 500 3,000 Edition May 25, 2020

Show notes

With such a massive 30%+ rebound from the lows in March 2020, the S&P 500 is almost back to 3,000. I discuss why I've de-risked in my taxable investment portfolio. At the same time, I also discuss why you may want to keep holding onto your stocks.

Here are some bearish charts and some bullish charts for you to review and consider.

Recommended 529 Plan Amounts By Age May 21, 2020

Show notes

So you want to save for college in a 529 plan but you're unsure of how much to save. Or, you're wondering whether you should contribute more or less. I address your questions and more in this episode and in this post with a detailed chart.

Why You've Got To Push Yourself Hard Before The Lockdown Ends May 11, 2020

Show notes

Don't you dare slack off. We're almost done with mass lockdowns and now is the time to step things up a notch. There will be consequences if you do not!

Buying Real Estate During COVID-19: Strategies For Getting A Great Deal May 07, 2020

Show notes

Buying real estate during the COVID-19 pandemic is tricky because of lockdowns and lower inventory. But this is a chance for buyers to get a great deal from a doomer bear seller.

Highlighted posts:

Real Estate Buying Strategies During A Pandemic

How To Get Preapproved For A Mortgage

Why The Paycheck Protection Program (PPP) Could Disappoint And Cause Stocks To Sell Off May 05, 2020

Show notes

I believe the PPP program is the best economic stimulus program the government has ever created. However, more than one month into the PPP program, there is some disappointing progress. There is also some hesitation by small business owners who have accepted the PPP to spend the money due to fear of it not being forgiven. Let's discuss!

Post highlighted: The Paycheck Protection Program

Unemployment Benefit Amounts By State May 02, 2020

Show notes

A look at the latest enhanced unemployment benefits and ranking the highest and lowest unemployment benefit amounts by state.

See this post for charts:

Highest And Lowest Unemployment Benefit Amounts By State

See this post if you need information on how to file:

Coronavirus Unemployment Benefits: How To File

What The Doomer Bears Got Wrong Apr 21, 2020

Show notes

With the S&P 500 up over 25% from its lows, let's look at what the Doomers got wrong so we can potentially make better decisions investment decisions in the future.

Post reference: How To Predict The Stock Market Bottom Like Nostradamus

Progress During Corona Time Is Being Made Apr 16, 2020

Show notes

Just checking in to share that good things have been happening since the last episode.

Paycheck Protection Program is awesome if it goes through.

Stimulus Checks are getting dispersed to millions.

Unemployment benefits are $600 more a week.

The stock market has rebounded a lot.

Hang in there folks!