The Financial Samurai Podcast

Latest Episodes:

What To Do Now That The Yield Curve Has Officially Inverted Aug 14, 2019

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The yield curve has officially inverted in 3Q2019. The 10-year bond yield is now lower than the 2-year bond yield. Let me explain from different perspectives why an inverted yield curve as an ominous sign and what we should all do to make sure we stay financially safe.

Please read: The Yield Curve: A Prescient Economic Indicator for more charts and analysis.

The Importance Of Feeling Consistently Uncomfortable For Personal And Financial Growth Aug 13, 2019

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As a parent, you want the best for your kids. However, there's a risk parents over-protect their kids from harm's way. It is through difficulty and conflict that we learn the most. In this episode, we discuss the benefits of raising our son in Virginia, where he'd be a minority, versus in Hawaii, where he'd be a majority. I, Sam, grew up in Virginia and the conflict help give me a lot of motivation and grit.

To read the post, click here.

The Rapid Decline Of A Harvard Degree Aug 10, 2019

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A college degree is depreciating in value, yet tuition is at all-time highs. For those parents and students looking to attend a private university like Harvard, I'm not sure whether the cost, stress, and all the work to get in is worth it. The reputation of private schools and private school grads are getting sullied due to the college bribery scandal.

Read the post here.

The Not So Obvious Reasons Why People Want To Retire Early Aug 08, 2019

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Retiring early is a dream come true for many. However, there are some not so obvious reasons why people want to leave work early, and they aren't very flattering at all. Secretly, some early retirees are pretty miserable. Let's explore why.

To read the post, click here.

How To Survive The Pressure As The Sole Income Providing Parent Aug 06, 2019

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Being the sole income earner can be brutally difficult and stressful. Money strains can jeopardize a marriage and can create a tremendous amount of resentment in the household. Here are some ways to cope to save your relationship and your children.

To read the article, click here.

New Wedding Spending Rules To Follow If You Don't Want To Get A Divorce Aug 04, 2019

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The average wedding cost is over $30,000. That's a ridiculous sum of money given the median household income is only about $62,000 before tax. Here are the new wedding spending rules to follow so you don't end up broke and alone.

To read the post, click here.

A Fed Rate Cut Is An Ominous Sign For Us To Buckle Up Aug 02, 2019

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At last! After 10 years, we've finally got our first Fed rate cut. Here's some logical analysis as to why we should all spend a little less, save a little more, and invest more cautiously over the next 12-18 months. If we are indeed at the beginning of a multiple rate cut cycle, history has not been kind to investors.

To read the article and check out the charts, click here.

Quitting Your Job Is Selfish, Engineering Your Layoff Is The Right Thing To Do Aug 01, 2019

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Since publishing my book, How To Engineer Your Layoff, in 2012, I've had a number of people tell me that engineering your layoff is morally or ethically wrong.

But I'm here to argue that quitting your job is the morally and ethically wrong thing to do because you leave so many people in the lurch. Creating a win-win scenario and giving your colleagues time to find your replacement is a much better way to go.

My book is now in its 3rd edition for 2019 and beyond.

The New Three-Legged Stool For Retirement Jul 31, 2019

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The old three-legged stool for retirement consisted of: 1) Pension (Company), 2) Social Security (Government), and 3) Personal Savings (You). The NEW three-legged stool for retirement consists of: 1) You, 2) You, and 3) You. It's time to get serious about your finances!

To read the post for more details click here.

The Negatives Of Early Retirement Nobody Likes Talking About Jul 26, 2019

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Being able to retire early is great, but there are a number of downsides to content with. After leaving work for good in 2012, I'd like to share some surprising things that I went through. I'm sorry to say that early retirement will not automatically make you much happier.

You can read the original post here.