Time flies. Six weeks ago, things couldn’t look gloomier. Post-Christmas hangover, exacerbated by the lockdown. An impossibly long road ahead to sunnier weather and a vaccinated population. And yet, as I look back at this year’s inaugural edition of Greatest Hits, I am pleased […]
There are four key levers that determine how wealthy you will ultimately get. The most obvious one is how much money you make. However, as this guy has shown, that’s just the starting point. If you want to build wealth, you’ve also got to […]
Every year, without exception, I see the exact same situation playing out at work.
Bright, motivated, and hard-working guys and girls begin their careers as investment banking analysts.
Almost immediately, the most ambitious and foresightful of the bunch […]
Debating the merits of active vs passive investing has got to be one of the favourite – and entertaining – pastimes in the FIRE community. Clearly, the default stance is that passive beats active by a stretch. At the same time, take a closer […]
To kick off today’s post, let me tell you a little story. The story is about a good friend of mine from the MBA days. To preserve confidentiality, we can call him Mike. Today, however, I will call him the Frustrated Consultant. With that […]
Regular readers of this blog will notice that today’s post is a day late. No, the intention was not to turn it into Valentine’s day present (though I am sure it’s a nice touch). The real explanation is far more prosaic – I’ve spent […]
The other day, I had a call from my relationship banker across the pond. Now, I have no idea why I have a relationship banker. I’m far, far away from meeting the definition of an ultra-high-net-worth individual, for whom such niceties are usually reserved. […]
If you want to embark on a thankless affair, look no further than the pursuit of financial independence. There are a million constantly moving pieces being debated in the personal finance community. Persistent calls to “index and chill”. Heated discussions about safe withdrawal rates. […]
Sometimes it seems there is nothing but obstacles on your road to financial independence. Stagnating pay, high taxes, the ever-increasing cost of living, stock market downturns. Take your pick – all of these… […]
A few weeks ago, I sat down on a Saturday afternoon to write a post about the top investing mistakes people make on their journeys. Now, I am not talking about active investing, trying to time the market, or even join that exclusive club […]
Over the past few weeks, a strangely coordinated affair played out across investment banks around the world. At the surface, it manifested itself in short, ten-minute conversations – all revolving around a single number. A number that is, at least theoretically, supposed to reflect […]