If I am to be perfectly honest, Easter Friday found me in a slightly disoriented state. I am no stranger to hard work, but even by those standards, the past weeks have been more than intense. The investment banking world is on absolute fire. […]
Halfway through last year, I published a detailed guide on how to build wealth in your 40s.
The reader reaction was nothing short of overwhelming.
Numerous folks reached out to thank me for addressing an often-overlooked topic.
For some reason […]
Fifteen or so years ago, I decided to burnish my educational credentials with an accounting designation.
Having survived the initial set of grueling exams, I was admitted to a year-long “professional development” program.
Sadly, that meant that once a month, I had to spend an entire weekend holed up in a nondescript conference room with a bunch of other accounting conscripts. […]
“How to build wealth” is one of the top search strings that lands readers on this blog.
Now, wealth is a fluid term.
But let’s say you are gunning for the conventional definition of wealth, which means a seven-figure plus net worth. […]
Welcome to the weekend! Over the past few months, my trusted Yahoo stock app has been playing visual tricks on me. More than once, I had to do a double take to confirm that my eyes weren’t (prematurely) giving up on me. But no, […]
Are you looking for advice on how to build wealth in your 30s?
Not too long ago, I updated the blueprint on how to build wealth in your 20s.
When I first wrote that post, it was partially intended as a letter to my younger self, outlining all the things […]
Struggling with money? Join the club. As a personal finance blogger with nearly two years of writing and almost two decades of investing experience under my belt, I would expect to have it all figured out by now. The reality is, I am just […]
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 […]
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 […]
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… […]
Welcome to the weekend. Let me kick off today’s edition of Greatest Hits with a little story. A long, long time ago, I had a little conundrum on my hands. To be precise, I had to find a way to pay for college. As […]
It’s going to happen. It could happen tomorrow – or many years from now. Perhaps it’s a sharp drawdown – or a painfully long journey that resembles death by a thousand cuts. It could end quickly, like the March 2020 or the October 1987 […]
If you are in your 20s and reading this, let me promise you one thing. At some point in the future, there will come a point in your life where you will think to yourself: Ahh. If only I knew / did / thought / avoided [insert one] this earlier! […]
At first glance, it seems easy enough. Figure out your spending needs. Divide by the safe withdrawal rate (SWR). Done – your FIRE number is staring you in the face. But is it? Inspired by a couple of reader comments on this post, let’s […]
And just like that, we are two weeks into 2021. I think we can all agree that so far, it hasn’t really felt any different from 2020. New mutations popping up across the world – and spreading faster than anyone could expect. Cases (and […]
Well, here we are. 2020 firmly (and thankfully) behind us. The clock has now begun its relentless countdown on 2021. At the outset, a year seems like a very long time. Objectively speaking, it is indeed a chunky stretch. But days have this pesky […]
Well, here we go. By the time this post goes up, we’ll be just hours away from ushering in the new year. These days, there seems to be a certain rhyme and rhythm to the vast majority of the “year in review” posts. Following […]
When it comes to building wealth, the first £100k is a critical stepping stone. But it is crossing the one million mark that makes you realize you are well on your way – at least in financial terms. […]
As my workload finally eased up over the past few weeks, I have been able to spend a fair bit of time catching up with friends and family members. Many people in my social circle also have young kids and demanding jobs. Between all […]
Nothing in life is easy. But it’s fair to say that building wealth has got to be one of the most challenging tasks you can set for yourself. A big underlying issue here is incentives. Think about losing weight or learning a new language. […]
Over the past few days, the lead-up to Christmas is finally proving to be a reprieve from what has been a very busy 2020. Thus, I have finally gotten around to doing something I’ve long had in mind – publishing a summary of what […]
The other day, I got a frantic call from the commercial tenant at one of our rental properties. There was a pretty significant leak coming in from above which caused a mini-flood in the restaurant below. Luckily, the place was closed to customers at […]
The absence of role models has long been one of the biggest obstacles to building wealth. After all, the easiest way to become successful is to find someone who is already successful – and replicate what they have done. However, money isn’t like fitness […]