About once a month, I get an email or comment from a reader criticizing adjustable-rate mortgages (ARMs) as a poor financial choice. Since I’ve been a proponent of ARMs since starting Financial Samurai in 2009, I understand the pushback. Roughly 95% of…

Believing you deserve to be rich is one of the most powerful psychological tricks to boost your wealth. With trillions of dollars circulating in the world, you have to ask yourself: Why not me too? Think about the knuckleheads you grew up with—people no…

I'm bullish on real estate. Yet I recently sold another rental property. This type of incongruence between thought and action can feel unsettling and even counterproductive to wealth creation. But it doesn’t have to be. Because while maximizing returns…

During the recent stock market correction, I decided to buy the dip. But this time, I didn’t just buy my usual dip-buying amount of $25,000 to $100,000. I went much bigger. All told, I spent over $1 million buying the S&P 500 and various tech stocks…

Before I retired from finance in 2012, I struggled with chronic back pain, sciatica, and TMJ. The stress was so overwhelming, I even paid a dentist $700 to drill divots into several teeth just so I could close my jaw more easily. At only 34, my body was…

How the millionaire next door builds their wealth. The post 7 Attributes of The Millionaire Next Door appeared first on A Wealth of Common Sense. ...

Why I'm not a golfer. The post Some Things I’ll Never Spend Money On appeared first on A Wealth of Common Sense. ...

What if you sold in January in hopes of buying much lower but missed your shot? The post The Sunk Costs of Market Timing appeared first on A Wealth of Common Sense. ...

A reader asks: I saved one of your articles that had some figures from all the bear markets since 1950 thru 2020 (was couple years ago). It had a table with the % drop at the trough, the number of days to the bottom, the date and number of days back up…

On today's show we discuss the China trade deal, retail was right, Wall Street was wrong, price vs. sentiment, markets saved us from a recession, record stock buybacks, 4-to-1 leverage and private equity in your 401k, Michael's real estate deals and more…

Recently raised import and export tariffs are putting a premium on stocks of companies that can sidestep these rising costs.

Taxes in retirement have been called a “silent wealth killer” for those pursuing FIRE—but does the data tell a different story? If you’re worried about a ticking tax bomb wiping […]

Your needs change as you build wealth and mature financially. Just like you don’t live in a dorm room anymore, what got you by when you were a scrappy upstart […]

When I first became a landlord, I was more worried about finding a tenant than about the lease. I downloaded a template I found online, filled in the basics, and […]

Last Friday, Moody’s Ratings downgraded the U.S. sovereign credit rating from Aaa to Aa1. As a result, Treasury yields surged Monday morning, with the 10-year note jumping to 4.53% and […]

Many rookies assume they’re years away from buying rentals, but what if your first (or next) property is much closer (and easier) than you think? Today’s guest devised a detailed […]