We have a culture of blaming others for our problems and Main Street is now on a tear with this “Occupy Wall Street” movement that’s gathering steam. The thesis is that financial institutions and anybody who has anything to deal with financial institutions are bad. The government and the media help fuel the fire against Wall […]
“We Are Wall Street” E-mail Fights Back Against Main Street Read More »
If you want to drastically increase your betting odds, this post is for you. As someone who worked on the trading floor for two major investment banks for 13 years, I’m very accustomed to betting. We proposition bet (prop bet) on random things all the time. The more bets you make, the better your betting
How To Drastically Increase Your Betting Odds And Help Other People Read More »
If you’re worried about the state of the markets, don’t panic. The economy will be just fine. It’s important to use times of uncertainty to preserve capital and not do anything rash. As the markets were melting down this past week I decided to go watch the World Champion San Francisco Giants beat up the
The Economy Will Be Just Fine: 40,000 People Can’t Be Wrong! Read More »
It’s good to be frugal by nature. You will likely never get into financial trouble as a result. You will always be able to appreciate things since you’re never buying the best and most expensive stuff. Sometimes, however, it’s good to splurge. You’ve already read “‘No Point Making Money If You Don’t Spend Your Money“, and
Things Totally Worth Splurging Money On Read More »
In the past, I used to go hunting for the best CD rates. Once a week I go yield hunting fo the best CD rates. I always like to have 5% – 10% of my investable assets in risk-free assets like CDs. To get to your magical retirement number quicker, you can either save more
The Best CD Rates To Save More Money Risk-Free Read More »
Let’s review why did oil collapse back in 2015 and 2016 and see if we can use the information for today. Finally, oil has gotten crushed in 2015 and 2016 and remains depressed in 2017. We haven’t seen this large of a decline in oil in years as momentum speculators rushed out like someone discovering
Why Did Oil Collapse And How Low Will Gas Prices Go? Read More »
If you haven’t heard, our broke government wants to get its hands on the online poker industry’s potentially US$6 billion dollar annual revenue pie. They’ve frozen bank accounts linked with Full Tilt Poker, Poker Stars, and Absolute Poker and have indicted 11 founding executives of the companies. All totaled, the government wants US$3 billion in
Online Poker Crackdown Is Good News Read More »
I’ve come up with a great business idea in the worst sector in the world. No sector has had more bankruptcies than the airlines industries. That said, I’m undaunted because I know demand when I see it! Introducing Samurai Airlines, where babies pay more and the person in the middle seat gets both armrests! The
Fixing The Airlines Industry Because Flying Sucks Read More »
The Samurai Fund was my fun way of getting Financial Samurai readers involved in investing. Since inception in 2010, The Samurai Fund has crushed the S&P 500 in returns. The secret to investing is to come up with a dollar-cost averaging system and keep investing for the long run! If you invested $100,000 back in
The Samurai Fund Update & Highlights Posts Read More »
Do you want to join a private sports club for networking and entertainment? I had this dilemma back in 2010. Today, I’m glad I did because I’ve made a lot of friends in the process. Despite having to pay a $10,000 initiation fee, I decided to join a private sports club in San Francisco. It
Should I Join A Private Sports Club? Analyzing The Pros And Cons Read More »
