The Samurai Fund was a creative way for readers of Financial Samurai to get hands-on with investing. Since it started back in 2010, it has outperformed the S&P 500.
If you had put $100,000 into the fund when it first launched, that investment would have grown to over $300,000 by now.
The Samurai Fund Update
Dear Shareholders,
We’re happy to let you know that The Samurai Fund is up by 8.5% so far this year. Unfortunately, we’re trailing behind the S&P 500, which has seen a 9.9% increase. On the bright side, we’ve had zero turnover in the fund since it began on January 1, 2010, which means we’ve avoided trading fees. We’ve also managed to operate without hiring any staff, saving millions in salary costs annually.
We’re optimistic about the stock market’s future, buoyed by policies that are inflating asset prices. We’re well-positioned with successful investments in companies like Samuel Adams and Lenar Corp, among others.
Thanks for your trust in The Samurai Fund. We’ll continue to stick to our investment strategy of doing very little, which keeps costs low. Please revisit our investment philosophy for more details.
Best regards,
The Samurai Fund Investment Team
Highlights From Around the Web
– “Everyday Tips & Thoughts” poses an interesting question about what to do with a letter from a president. It suggests that selling it might not be the ideal choice, but using it to help your finances could be beneficial.
– “Thousandaire” has a fun ROTH IRA-themed music video that could really take off with just a slight change to the lyrics.
– Roshawn’s post tackles the reality of what being wealthy means in different parts of the U.S., highlighting the challenges of high living costs and the need for private schooling in many areas.
– Daniel’s brother found a clever way to profit from the World Series, turning a simple idea into $1,200.
– Don provides a balanced view on the pros and cons of blogging, a topic familiar to many bloggers.
– “The Saved Quarter” features a moving guest post about homelessness, reminding us to be grateful and help others.
– A special thanks to BuildASign.com for creating some fantastic bumper stickers for Financial Samurai and Yakezie.com, which we’re giving away to scholarship winners!
On AMEX’s new site, I share my tough experience with mortgage refinancing, illustrating the slow impact of monetary easing. Even those financially well-placed are finding challenges in the current economic climate.
I’ve also penned a piece for Cosmopolitan Magazine about the quirks of online dating and income dynamics.
In “The Clock Builder vs. The Time Teller,” I explore what it takes to build a sustainable organization and the importance of staying out of the way to let growth happen.
For more excellent personal finance content, check out the Yakezie Network.
Cheers,
Sam
