The Financial Samurai Podcast – Détails, épisodes et analyse

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 Vinovest, 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 his own accident, and how we can help. 

If you'd like to explore Vinovest's offerings, you can sign up here. 

Related post: Sip, Savor, Profit: Investing In Fine Wine And Whiskey

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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 BrightStory Admission Consulting, 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 and working in TV journalism, Alice quickly learned that IQ was not the most important factor for workplace (and life) success.

Alice created BrightStory to offer the mentoring she wishes she had as a teen. Alice also created Happy Asian Woman, a newsletter focused on wellness and living a meaningful life, and she incorporates these values into her coaching work.

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If you enjoyed this podcast, I'd appreciate a share and a positive review. It helps keep me motivated to finding new guests to share with all of you. Every podcast takes hours to record and produce.

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Related posts:

The Wide Implications Of The College Admissions Scandal

An Asian American's View On Affirmative Action

Is Private K-12 Worth It?

What If You Go To Harvard And End Up A Nobody?

Property bidding wars are back, despite persistently high mortgage rates, due to the strength of the economy and the stock market. This episode discusses why people are getting into bidding wars and the best time of the year to buy a house. 

Articles referenced:

Understanding Why People Getting Into Property Bidding Wars

Analyzing Housing Price Dynamics: Helping Buyers Buy At The Best Time

Real estate is my favorite asset class for most people to build long-term wealth. If you'd like to invest in real estate without a mortgage, check out Fundrise, my favorite private real estate platform. The investment minimum is only $10 to help you diversify and earn more passive income. 

Financial Samurai is a six-figure investor in Fundrise funds and Fundrise is an investor in Financial Samurai. 

Join 70,000 others and subscribe to my free weekly newsletter. You'll increase your chances of achieving financial freedom sooner if you do. 

Thinking about retiring? Contrary to popular belief, the ideal age to retire is not ASAP! After 10 years of early retirement, or fake retirement as I like to call it, let me share the best age range to retire to minimize regret and maximize happiness.

Post for more details and charts: The Ideal Age To Retire To Minimize Regret And Maximize Happiness 

Great retirement products:

Personal Capital - Favorite free wealth management app. I've been using the app since 2012.

NewRetirement - A fantastic retirement speciality planner with more powerful features. 

More Financial Samurai:

Buy This, Not That - My WSJ bestselling book on helping you achieve financial freedom sooner, rather than later. 

Financial Samurai Free Weekly Newsletter - Join 55,000+ others and never miss a thing. 

Recently, I came up with a thesis on November 1, 2022 that the 2.7% decline in the Series I Bond rate was the most bullish economic indicator I've seen all year. See: The Most Bullish Indicator Yet

Nine days later, on November 10, 2022, the thesis was spot on as October inflation numbers came in below expectations. How did well-paid PhD economists & Wall Street strategists not recognize upcoming inflation figures will likely come in below EXPECTATIONS?

Conversely, how did a tired, stay-at-home dad without a job since 2012 get it right? This episode is on how to make better investment forecasts to hopefully make more money. We won't be able to get investing right all the time, but we can do work to help increase our odds of making better decisions.

To Support Financial Samurai:

Buy This, Not That: How To Spend Your Way To Wealth And Freedom (Instant Wall Street Journal Bestseller to help you build more wealth and make more optimal choices.)

How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye (The #1 book on helping you negotiate a severance. Mass layoff season is here. Prepare yourself to walk away with potentially more money.)

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Follow On Twitter @FinancialSamura

FTX, the second largest cryptocurrency exchange collapse overnight from over $16 billion to $0. A discussion on what happened and what we can learn as financial freedom seekers and small business owners to preserve our wealth. The developments are still ongoing. 

See: Lessons Learned From The FTX Collapse

Also, mass layoffs are heating up. I recommend preparing for a layoff before you are actually laid off. Because once you're laid off, you no longer have leverage. Please read How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. You can save $10 off the book by inputting "saveten" during check out. 

Join 55,000+ others and sign up for my free weekly newsletter so you never miss a thing on Financial Samurai. Everything is written based off firsthand experience and knowledge. 

This week, the Treasury department announced Series I bonds will pay an annualized interest from November 1, 2022 through April 2023 of 6.89%, down from the 9.62% rate offered since May 2022. A 2.73% decline is massive. 

Learn what it means for the economy, stocks, and real estate. 

Key links:

Post to read: It's Easier To Generate More Passive Income In A Bear Market

Purchase a hard copy of my instant Wall Street Journal bestseller, Buy This, Not That. It will be the best personal finance book that you will ever read. 

Join 60,000+ other subscribers and sign up for my free weekly newsletter here. I review all the week's key insights and posts. 

Although going through another bear market is a bummer, the positive is we can all generate more passive income! And given we can now generate more passive income we can also get that much closer to financial freedom!

Mentioned posts:

It's Easier To Generate More Passive Income In A Bear Market

How To Have A Risk-Appropriate Asset Allocation When Investing

Great Products:

NewRetirement - An excellent retirement planning software

Fundrise - My favorite way to invest in private real estate and diversify a portfolio for less volatility and more passive income

Buy This, Not That: How To Spend Your way To Wealth And Freedom - The best personal finance book

Investing during a bear market can be a very emotional experience. Learn how to quantify your risk tolerance, have a more risk-appropriate asset allocation, and feel more calm in any market.

Mentioned posts:

How To Have A Risk-Appropriate Asset Allocation

How To Quanity Your Risk Tolerance With FS SEER

How To Enjoy Your Life As The Fed Ruins The World

Sign up for free weekly newsletter here.

Pick up a hard copy of Buy This, Not That if you want an unfair competitive advantage in building more wealth. 

Here's a deep dive into how I'm investing my cash stash in this bear market to make money, stay liquid, and take advantage of the current situation. 

Post mentioned: How I'm Investing $250,000 In Today's Bear Market.This became a viral post that got picked up by Flipboard and Google. 

To gain an unfair competitive advantage in building wealth, pick up a hard copy of Buy This, Not That: How To Spend Your Way To Wealth And Freedom. I synthesize my 27 years of investing experience to help you grow your wealth and make better decisions. 

Sign up for my free weekly newsletter here. Every week, I'll recap the most important posts and financial topics with my own spin so you never miss a thing. 

Disclaimer: This episode is not investing advice for you since we have different financial situations and you are not my client. I have no clients. This is my own thought process on how I'm deploying my cash. Please do your own due diligence before making any investment. Your decisions are yours alone.