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Sam ⚔️ Financial Samurai
Father, HS tennis coach 🏆🏆, writing about achieving financial independence since 2009. 🇺🇸
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Sam ⚔️ Financial Samurai 8h
Replying to @slangwise
Time to set up shop and charge 2 and 20! A new lucrative career awaits. Remember, you don’t want to a financial argument, you just need to get rich.
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Sam ⚔️ Financial Samurai 9h
Replying to @financialsamura
As the markets sell off again, I’m noticing a lot more acceptance around dramatically reducing your safe withdrawal rate in retirement as well as boosting your net worth further before retiring. For a minute there, it seemed like everybody thought they were Warren Buffett!
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Sam ⚔️ Financial Samurai 13h
Replying to @AdamSinger
This is great. Perhaps Pinterest will be the ultimate company for the best talented people who want to work from anywhere. And competitors will have to adjust accordingly if so. As of now, I’m not sure there is a lot of excitement to join Pinterest at this stage.
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Sam ⚔️ Financial Samurai 13h
Replying to @AdamSinger
Exactly. Companies are saying so far, that the ones who are relocating are not the best talent, which is why they are offering lower pay. The market will even tally sort itself out. I’m sure there are case by case examples where some will always make more no matter where.
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Sam ⚔️ Financial Samurai 14h
Replying to @AdamSinger
The investor is likely on the company’s side. Investors want to see an optimization of expenses and productivity for maximum returns.
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Sam ⚔️ Financial Samurai 16h
Replying to @retirebyforty
Don’t let your wife know! Otherwise, she might want to join you in retirement!
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Sam ⚔️ Financial Samurai 18h
Things I'll Teach My Daughter: Pay No Attention To A Guy’s Car And More - If you have a daughter, I'd love to know what are some of the things you'll teach her before leaving home?
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Sam ⚔️ Financial Samurai 20h
Replying to @CarlosE40537707
Not yet. But I am impressed Wells Fargo paid him $34 million in 2019 and now the stock is down 40%+ for 2020. Maybe Charlie will get a bigger raise this year.
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Sam ⚔️ Financial Samurai Sep 22
Is the CEO of Wells Fargo short his own stock? Maybe he is a mole for a hedge fund who is short WFC and gets paid on the back end. Now that story would win the journalist a Pulitzer!
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Sam ⚔️ Financial Samurai Sep 22
Replying to @GrantEU
Yes, I think the jury would be understanding in such a situation. It’s good to think things through with a premortem, To help make rational decisions and not panic when the time comes.
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Sam ⚔️ Financial Samurai Sep 22
Replying to @retirebyforty
That’s not going to help protect the baby if the dog attacks. Wondering what are our rights for defense/offense as parents. One thing I thought of was bringing dog treats like the guy did at Rambles park in New York when the woman had her dog off leash.
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Sam ⚔️ Financial Samurai Sep 22
Replying to @GrantEU
The thing is, you just don’t know. But if you guess wrong, and the off-leash dog attacks your baby, Then it could be game over.
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Sam ⚔️ Financial Samurai Sep 22
If you were with your baby at a park, having a picnic, and dogs who are supposed to be on leash, rush you and your baby, what do you as the guardian have a right to do to the dogs? Also, why do dog owners risk liability and take their dogs off leash in public settings? Thx
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Sam ⚔️ Financial Samurai Sep 22
Replying to @jeffbercovici
Do parents still have to pay full tuition for the month of there is an extended shutdown? This was one of the situations we considered, having to pay full tuition without full school. So we decided to homeschool for now.
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Sam ⚔️ Financial Samurai Sep 22
Replying to @Jay2_Day
Right. And the ability to earn income online, which provides more freedom. I’m trying to encourage my high school students to recognize what’s possible.
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Sam ⚔️ Financial Samurai Sep 22
Replying to @lludwig
Cool. A nice payout is always nice. I’m trying to gauge from folks how much more someone is willing to work if they knew of the potential. I have a feeling that folks don’t truly know what that potential is.
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Sam ⚔️ Financial Samurai Sep 22
Replying to @welch94025
Many online businesses. Just need traffic, product, brand. 80 hrs a week is kind of a standard week in banking, big law etc. Do you think making money online and working these types of day jobs are similar?
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Sam ⚔️ Financial Samurai Sep 22
Replying to @lludwig
There are no wrong questions to ask, only people who are afraid to ask. Given you did it, how does it feel to no longer make $100,000+ a year online? Very hard to find any other investment that generates such cash flow.
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Sam ⚔️ Financial Samurai Sep 22
If you knew you could: 1) make $100,000 a month online or 2) make $100,000 a month more online (two distinct situations), how many more hours would you be willing to work and for how long?
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Sam ⚔️ Financial Samurai Sep 21
Is this common? Seems like it would be difficult to afford a $655/month car payment on income of $77,000? Hopefully it’s at least a business write-off.
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