How To Overcome Your Fear Of Investing And Make More Money Long Term
Release Date: 02/15/2024
The 4% Rule: Clearing Up Misconceptions With Its Creator Bill Bengen
The Financial Samurai Podcast
I had the pleasure of speaking with Bill Bengen, creator of the "4% Rule" for retirement planning. Bill has been a reader of Financial Samurai for many years and has always been courteous in the comments section when I write about . So, I figured it was time we had a chat to clear up some misconceptions. For those unfamiliar, the 4% Rule, developed by Bill in the 1990s, suggests that traditional retirees (around age 65) can safely withdraw 4% of their retirement portfolio in the first year—adjusted for inflation in subsequent years—without running out of money over a 30-year period. ...
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What A Trump Presidency Means For Your Investments, Net Worth, And Career
The Financial Samurai Podcast
Donald Trump will be the 47th President of the United States, this time with JD Vance as his Vice President. Let’s explore how this new Trump presidency might impact your finances. We’ll look at how Trump’s policies could affect stocks, real estate, bonds, venture capital, and even our careers. Overall, Trump's return is generally seen as positive for investors. However, since investing in risk assets always carries uncertainty, it's essential to align your investments with your personal goals and risk tolerance. Related posts: Suggestions: If you’re looking to diversify your...
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Investing In Fine Wine And Whiskey With Anthony Zhang From Vinovest
The Financial Samurai Podcast
Investing in alternative assets has become an increasingly popular way to diversify beyond traditional stocks and bonds. Wine and whiskey, in particular, are gaining traction due to their potential for strong returns, resilience during economic downturns, and rising demand. In this episode, I speak to Anthony Zhang, CEO and Founder of , a platform that enables individuals to invest in fine wine and whiskey. We'll talk about why wine and whiskey have performed well and why they are a growing asset class. I also talk to Anthony Zhang about bringing awareness to spinal cord injuries, after...
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College Admission Consulting For High Schoolers With Alice Chen
The Financial Samurai Podcast
If you have children, you likely want to provide them with the best education possible, which may include helping them get into a top college. Along the way, you may come across college consulting services and wonder how beneficial they really are. In today's episode, I speak with Alice Chen, Founder of to find out more about the service. Alice is a daughter of immigrants and grew up in the Boston area. Alice’s father was a research scientist and her mother an auditor, so Alice grew up thinking that those who studied and worked the hardest would succeed. But after attending Stanford...
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What A Fed Rate Cut Means For Real Estate, Stocks, and Your Retirement
The Financial Samurai Podcast
After four years, the Federal Reserve has finally cut the Fed Funds rate by 50 basis points, bringing the target range to 4.75% - 5%. Expectations point to another 50 basis points in cuts for 2024 and a total of 100 basis points by 2025. Fed Chair Powell remains optimistic, stating the economy is 'very solid' and sees no elevated risk of a downturn. In this episode, I'll break down what this rate cut means for real estate, stocks, and—most importantly—your retirement, focusing on the impact to your safe withdrawal rate. Get A Free Financial Checkup Of Your Investment Portfolio If you have...
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Maximizing Real Estate Returns In A Multi-Year Rate Cut Environment
The Financial Samurai Podcast
I speak to Ben Miller, CEO of about investing in real estate during a multi-year rate cut environment. With the Federal Reserve finally cutting rates in September 2024 after raising them in 2022, real estate should have a nice tailwind for a couple of years. Main Theme: Interest rates are the most significant driver of real estate prices, surpassing operational improvements. Apartments are likely to benefit the most by the end of 2025. Diversify Your Real Estate Investments If you're considering investing in private real estate, take a look at . They manage private real estate...
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From Making $2 Million A Year To Quitting His Finance Job With Khe Hy
The Financial Samurai Podcast
I speak with Khe Hy, who spent 15 years on and became one of the youngest Managing Directors at BlackRock at just 31. He earned up to $2 million a year—then he quit! His journey mirrors mine in many ways, though he earned significantly more. I thought it would be fascinating to understand why he chose to walk away from such wealth. Could you give up $1-2 million a year in your mid-to-late 30s? I don't think I could. But then again, I sometimes forget just how miserable and unhealthy I felt working on Wall Street. He now spends time with his family, writing his and recording The →...
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How Much You Really Need to Invest to Break Free from Work And Change Your Life
The Financial Samurai Podcast
After 15 years of experimenting with and living an early retirement lifestyle, I've developed my Minimum Investment Threshold Formula to help determine when you can finally break free from a suboptimal job. Once you reach this threshold, you'll have the option to find a more fulfilling job that pays less, take a sabbatical, go back to school, stay at home to raise your children, or even retire Related post: Recommended Resources: Read to learn more about negotiating a severance package. When it's time to leave that dreadful job behind, try to negotiate a severance package instead...
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A Man Is Not A Financial Plan: TradWives And Its Financial And Social Implications
The Financial Samurai Podcast
In this episode, I speak to , bestselling author of The Sicilian Inheritance, podcaster, and award-winning journalist. We discuss tradwives and its financial and social implications. Given that Financial Samurai is about achieving financial freedom sooner, being financially dependent on someone as an adult is the exact opposite of what I want for readers. A tradwife typically denotes a woman who believes in and practices traditional gender roles and marriages. Some may choose to take on a homemaking role within their marriage or leave their careers to focus on meeting their family's...
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Most Important Personal Finance Ratio: The Home-To-Car Ratio
The Financial Samurai Podcast
I've decided that my Home-To-Car Ratio guide is the most important pesonal finance guide for everyone to fall. After all, everybody needs a place to live, real estate is the best asset to build wealth for the average person, and America has a love affair with cars. My Home-To-Car Ratio guide helps personal finance enthusiasts reduce their car spending and maximize their house spending in a practical way. By following my guide, more people will build more wealth than those who don't! See: Real Estate Investing Suggestion To invest in private real estate, take a look at , my favorite...
info_outlineSince 2009, when I began Financial Samurai, I've noticed some people are too afraid to invest or get easily shaken out whenever there is economic or stock market turbulence. Then, these investors get left behind as the economyc, stock market, real estate market, and other markets eventually recovery.
To help you overcome your fear of investing, I suggest coming up with an investment thesis. An investment thesis is your north star and will help you hold strong during difficult times.
For more details, see the post: An Investment Thesis Is The Key To Making More Money Long Term
Investing Thesis For 2024 And Beyond
1) A recovery in the real estate market as it plays catchup to the stock market. Check out Fundrise, my favorite private real estate platform with over $3.3 billion under management for 500,000+ investors.
2) A boom in artificial intelligence that will boost profits and economic growth. To invest in AI and other private growth companies, check out the open-ended Innovation Fund. You can see what the fund invests in before you invest and how much.
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