As featured in The Wall Street Journal, Money Magazine, and more!
     

Podcast 43: Financial Samurai

This article was written by in Podcast. 13 comments.


Today’s guest on the Consumerism Commentary Podcast is Sam, the founder of the Financial Samurai website. Sam, Flexo, and Tom Dziubek discuss the Samurai Fund, early retirement, and the Samurai Codes of Honor.

Production Number: S02E17
Segment Number: 58

To listen, use the player above (Adobe Flash required), download the podcast here, subscribe to the podcast RSS feed, or use the iTunes link. Note: open links in a new window (Ctrl-click or Command-click) to avoid interrupting the podcast.

[00:00] Introduction from Tom Dziubek
[00:30] Interview with Sam
[00:48] Sam’s personal finance inspiration
[02:21] Sam’s first investing experience
[05:00] The Samurai Fund
[08:07] Introduction of the FLEX ticker
[08:28] Mission of the Financial Samurai website
[09:39] How to retire after working 20 years
[15:56] The Samurai Codes of Honor and the 1/10th Car Rule
[18:38] The 30/30/3 Rule
[21:16] Career Code: Get in First, Leave Last
[24:21] End

We always welcome feedback from listeners. If you have any comments for this episode or for any other, or if you have suggestions for future episodes, please leave us comments here or email us at podcast at this domain name.

Published or updated February 14, 2010. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

Email Email Print Print
avatar
Points: ♦127,480
Rank: Platinum
About the author

Luke Landes, also known as Flexo, is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow Luke Landes on Twitter. View all articles by .

{ 13 comments… read them below or add one }

avatar J. Money

This was awesome! Love hearing everyone’s voices on these things :)

Reply to this comment

avatar Financial Samurai

Thanks for the opportunity guys. I tried speaking in my native Australian accent for a couple minutes before hand, but I couldn’t keep it up, so I decided on the conventional American accent so people could understand better!

Tom really did a great job editing the podcast. So professional! Great job Tom. Flexo is lucky to have you. Thanks again Flexo!

Best, Sam

Reply to this comment

avatar Investor Junkie

Hey Sam. Ha! You invested in Commerce One eh? Glad you didn’t loose your shirt with my previous employer.

Reply to this comment

avatar Investor Junkie

I do believe investing is like the Woody Allen quote:

“80 percent of success is just showing up”

You don’t invest, you don’t reap the reward.

Reply to this comment

avatar Money Reasons

Great podcast guys (the best I’ve heard to date!)

The Financial Samurai’s website is my first stop when I do my daily surfing of the web! I like everything about the site, the articles, the look, the commenters… I think Sam’s site brings something to the table that no other financial website quite encapsulates, it’s informational, but also fun in a challenging way (would I be pushing it if I said it was oftentimes like verbal art?)!

Personally, I will try to give my kids a leg up in life by teaching them many of the same principals that Sam mentions in this podcast (I especially like some of the ratios Sam uses). I also think it’s a good idea go give them a financial platform for a starting point, so for the last few years, I’ve been investing for them. This improves their chances of retiring in 20 years as mentioned by Sam in the podcast!

Thanks guys!

Reply to this comment

avatar Investor Junkie

You bring of a great point about financial education to your children. I think it’s so important since our schools do not really teach anything about the subjects discussed here or mentioned on Sam’s site. I think it would really could help them. I have a series of blog posts I’m thinking about doing on the subject. I just have to sit down and write them. ;-)

Reply to this comment

avatar Financial Samurai

Don, you are too kind! And, you are making me blush, so stop it already. :)
Nobody picked up on this one line: “If you end up doing nothing, not even a small gesture like a back massage, you’re screwed, and not in a good way!” I was hoping to get a rise out of some of the female readers for this specific line… but I failed.

Sorry the Shamrock Shake machine was down at McDonald’s. Good sign for your weight tracking posts anyway yeah?

20 yrs of work til “retirement” or bust!

Reply to this comment

avatar FinEngr

Agree completely with Money Reasons. Still working on my own blog identity, Financial Samurai has remained the constant.

The articles invigorate the mind and heart. He gets your blood boiling enough to keep reading or post a reply, but gives you enough to think about and challenge your existing beliefs. *Is this go along with the verbal art?

Glad I stopped by, and definitely have a new-found respect for Sam.

*Audio quality was very good.

Reply to this comment

avatar Tom Dziubek

Gosh guys, thanks for all the kind words!

Reply to this comment

avatar Financial Samurai

Tom – Not at all, well done again! From my industry, I totally know all the behind the scenes stuff it takes to put out a final product. Film for 5 hours for 5 minutes of air time is all too common. I look forward to hearing more of your work!

Reply to this comment

avatar Tom Dziubek

Okay, let’s see…film industry, native Australian accent…that means Sam’s secret identity is either Mel Gibson, Russell Crowe or Murray Wiggle. LOL

Reply to this comment

avatar Jimmy May

Definitely one of the best podcasts in recent memory. All the voices were very clear, and very professional. The transitions were well done, and it sounds like Sam has done a number of interviews in the past! Maybe he’s the guy from The Mentalist? Or maybe he’s a struggling day time soap actor, but either way, he sounds very well versed.

I’d be interested in hearing more topics with him on taxes and big government, or the usefulness of an MBA!

Reply to this comment

avatar Youngandthrifty

Great podcast! I agree that everyone’s voice is so nice and clear. Nice to hear your voices! =P

Reply to this comment

Leave a Comment

Connect with Facebook

Note: Use your name or a unique handle, not the name of a website or business. No deep links or business URLs are allowed. Spam, including promotional linking to a company website, will be deleted. By submitting your comment you are agreeing to these terms and conditions.

Notify me of followup comments via e-mail. You can also subscribe without commenting.

Previous post:

Next post: