The Financial Samurai Podcast

Personal Capital, a digital wealth advisor with over 1.5 million users of its free financial tools, released its 2017 Affluent Investor report with some interesting data. I used to consult with them between 2013 – 2015 and have been using their tools to track my net worth since 2012. The biggest surprise from one of its surveys is that Read More... The post The Biggest Financial Concerns Of Affluent Investors appeared first on Financial Samurai.

Would you rather be perpetually happy for the rest of your life with no guarantee of great fortune? Or would you rather have great fortune for the rest of your life with no guarantee of ever being perpetually happy? Choosing money is obviously the answer! Just kidding. Today if I were to rate my happiness on Read More... The post Happiness By Age: Stay Away From 35-60 Year Olds appeared first on Financial Samurai.

On one of my winter open house rounds I stumbled upon a beautifully renovated Edwardian with three bedrooms and two bathrooms on the top floor, a full bathroom on the first floor, and a bonus room on the bottom floor. It looked a lot like my rental house I sold this summer, but brand new. Read More... The post The Value Of A Property After Experiencing A Tragic Death appeared first on Financial Samurai.

One of the downsides of putting yourself out there is that you open yourself up to misinterpretation or criticism. Fear of ridicule is one of the biggest reasons why 97% of people don’t do anything to change their life. It all starts with getting bullied at school or admonished by our teachers or parents for Read More... The post To Get Better, Be Brutally Honest With Yourself appeared first on Financial Samurai.

In late 1999 I had my Bitcoin moment. I was a 22 year old first year analyst working on the international trading floor at a major investment bank. The internet boom was peaking and I had just gotten my year end stub bonus of $20,000. Although the $20,000 magically turned into $12,000 after paying New York City taxes, for the first Read More... The post How To Invest In Speculative Investments Like Bitcoin Without Losing Your Shirt appeared first on Financial Samurai.

Despite earning a six figure household income, many parents struggle to pay for their children’s education without going into debt. This post highlights how you can qualify for tuition assistance despite making $300,000, $400,000, or even $500,000 a year. I was talking to a parent of four who used to send his kids to a Read More... The post How To Get Financial Aid Making Multiple Six Figures A Year appeared first on Financial Samurai.

I’m not sure if homebuyers truly realize how much concentrated risk they are taking when they buy property. I’m particularly concerned about first time buyers putting less than 20% down because they can’t afford a larger downpayment. Given they can’t put at least 20% down, it’s likely they also don’t have any meaningful investments in Read More... The post The Main Types Of Investment Risk Exposure To Be Aware Of appeared first on Financial Samurai.

If you haven’t noticed, we live in a consumerism society where we are bombarded by advertisements that compel us to spend on things we don’t need. Some things are definitely worth spending up on. But for everything else, save your money. Like many people, I have debt. Although my debt is tied to property, which Read More... The post Destroy Debt Quicker: An Easy And Painless Way To Be More Free appeared first on Financial Samurai.

It’s good to be frugal. If you are, you’ll likely never get into financial trouble. I was very frugal saving between 50% – 70% of my after tax income until about age 35. Then I decided there was no point saving so much money if I wasn’t going to live a little. Instead of trying Read More... The post Things Worth Spending Max Money On For A Better Life appeared first on Financial Samurai.

Remember that annoying kid in school who made fun of you for getting a good grade? The goal was to make you feel bad at doing well so he wouldn’t feel so terrible about himself. I had plenty of encounters with such kids growing up at my public high school. In the end, I brushed Read More... The post Be Unapologetically Fierce About Pursuing Your Dreams appeared first on Financial Samurai.

I’ve checked out open houses every weekend for the past 16 years. The idea is to blend exercise with remodeling ideas and property knowledge into a one to two hour window. I’ll usually visit three to four open houses within a two mile radius. The knowledge gained from open house hunting helped me remodel a couple houses without the Read More... The post Winter Is The Absolute Best Time To Buy A House appeared first on Financial Samurai.

Welcome to the Financial Samurai podcast! Here's a quick intro of who Sam Dogen is and why you should listen to the podcast.  The FS podcast is hosted by a person who spent 13 years in the financial services industry, got his MBA from Cal, and has grown FinancialSamurai.com into one of the largest personal finance blogs with over 1.5 million organic pageviews a month.  You can read Financial Samurai's About page here.