There’s nothing quite like staring down the barrel of a three-day weekend (at least here in the UK).
So I am going to keep it brief.
The markets are still nuts.
Notwithstanding some rough setbacks in India and Brazil, we are continuing to win the battle against Covid.
And while there are many things we cannot control, we are finally regaining agency over big swathes of our lives.
Let’s make the most of it.
Happy weekend everyone!
From Yours Truly
While the stock market is fun, at its heart is a passive activity.
Not so much when it comes to real estate.
I love sourcing, structuring, and closing good property deals – and managing our ever-growing real estate portfolio.
Along the way, I try to write detailed posts covering both the new properties we buy as well as providing updates on our past investments.
However, I’ve never really done a full “teardown” of our property investing strategy… until now.
Last week, I teamed up with Physician On FIRE (one of my favorite blogs) to talk about Eight Lessons From Building A Seven-Figure Real Estate Portfolio (And Adding $1m a Year)
Here are my other posts from the past two weeks:
Do You Have An Investing Edge – Monevator / Finumus (hint… you may)
Liquidation – The Irrelevant Investor. This is next-level stuff.
How The Middle Class Became Downwardly Mobile – Financial Times
The Psychology of Fighting The Last Crash – A Wealth Of Common Sense
A lot of folks are getting rich on Bitcoin (and all sorts of other coins) these days.
While I don’t have any crypto investments myself, I definitely see the
merit appeal of using some “play money” to try and ride the wave.
Just make sure you don’t confuse speculation with actual investment:
Why Cryptocurrency Is A Giant Fraud – Current Affairs
Welcome To The YOLO Economy – The New York Times
The Trouble With Optionality – The Harvard Crimson
Trying to be more productive?
All the power to you. However, time management and hard work only go so far.
In other words, there are limits.
For most people, the limit tends to be about three to four hours of true mental focus a day.
And by the way, you will never get everything done:
The truly valuable skill here isn’t the capacity to push yourself harder, but to stop and recuperate despite the discomfort of knowing that work remains unfinished, emails unanswered, other people’s demands unfulfilled.
New Blogger Spotlight
In every edition, I would like to spotlight a blogger or two who aren’t yet very well-known to the general public.
This week it’s Accidentally Retired who faces off with his failures in My failure resume: the many mistakes made on the path to success
If you want to be included in my next edition, please scroll down to the bottom of the post.
As always, some excellent and entertaining books to wrap it all up.
By the way, you may want to (finally) get a Kindle – and get all of the books below for just 99p.
Happy weekend all!
P.S: Attention New Bloggers:
if you are a personal finance blogger who hasn’t yet been featured on Greatest Hits, I would like to hear from you.
Please send an email to bankeronfire at gmail dot com with a blog post you would like to submit for consideration.
The key criteria for inclusion are as follows:
(i) Content that will be interesting or beneficial to the readers of this blog (I hope you will forgive me for reserving judgment on this one)
(ii) Your blog must be at least 6 months old, with regular posts. Too many bloggers flame out early, and I don’t want the readers here to follow a bunch of dead links.
I look forward to hearing from you.
Note: the above post may contain affiliate links. You can read up about our affiliate policy here.
About Banker On Fire
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Banker On FIRE is a London-based M&A (mergers and acquisitions) investment banker. I am passionate about capital markets, behavioural economics, financial independence, and living the best life possible.
Find out more about me and this blog here.
If you are new to investing, here is a good place to start.
For advertising opportunities, please send an email to bankeronfire at gmail dot com