In the first twenty or so years of my life, I didn’t come across many wealthy people. I suppose that’s not entirely surprising considering we lived in a working-class neighbourhood and had about £5 left over after covering our family’s basic necessities every month. […]
One of the biggest problems of personal finance is that it’s just so damn hard to get started. We all know saving and investing money is something we should be doing, but hardly anyone does it – or does as much of it as […]
It has been more than a year since I started this blog and I still haven’t written a single word about investing in bonds. There are good reasons for it. First of all, my own investment portfolio consists of 100% equities at the moment. […]
As I was approaching my final years of university in the early 2000s, things weren’t looking pretty on the job front. The dot-com bubble burst just a few years ago, leading to a downward spiral in the stock markets and slim job prospects for […]
For anyone who is following the financial markets these days, Monday was an eye-opener. For the first time in history, the price of oil has gone into negative territory. At its nadir, a barrel of WTI (West Texas Intermediate, the US benchmark for oil) […]
The day has finally arrived. On Easter Monday, with our son dozing off for his afternoon nap and our daughter mesmerized by yet another episode of Peppa, I have finally managed to sneak into the home office and update the spreadsheet. Over the past […]
In a way, aspiring to financial independence is all about comfort. Forgetting what the jam-packed commute feels like. Never having to deal with workplace politics again. Leaving all the money worries behind and spending the rest of your days in a state of pure […]
In personal finance, everyone knows what they need to do. The theory is crystal clear: save money, invest regularly, rebalance, buy the dips and so forth. And yet, the reality is that you’ll struggle to find anyone who follows all the rules in the […]
I was scrolling through my Twitter feed the other day when I stumbled a tweet extolling the virtues of dividend investing – and the investing superpowers of dividend investors themselves. I won’t quote it verbatim, but it had all the requisite components, such as: […]
Over the past six weeks or so, it seems that the vast majority of news articles, blog posts and social media updates I read are, in one way or another, related to Covid. This blog is no exception. So today, I want to take […]
The stock market expansion that followed the financial crisis became known as the most hated bull market ever. Despite the tremendous growth and wealth creation, the share of retail investors in the stock market has actually declined from ~65% before the financial crisis to […]
Even in normal times, a big chunk of my days is spent in conversations with what is sometimes known as “smart money”. On the asset management side, this includes active money managers like Fidelity, Legal & General, Invesco, and many other household names. They […]
The economy is tanking. The stock market is plumbing new depths every day. Everyone is stressed out trying to figure out how the Covid-19 pandemic will impact their health, careers, and finances. I certainly have spent a lot of time pondering what my future […]
As the markets cratered over the past few weeks, the one message I’ve been giving to anyone who would listen is: DO NOT SELL. I certainly haven’t sold any of my shares. Why would I? If I was happy to buy something at a […]
As recently as two weeks ago, the prevailing macro view was that while the impact of Covid will be severe, the recovery will be V-shaped. That is, a sharp decline would be followed by an equally strong rebound in economic activity and asset prices. […]
It’s official. We’ve gone from what seemed like a nasty, yet temporary wobble in the markets to a full-blown crisis. The true scale of the damage to the world economy is unknown so far, but it’s clear the situation is more complex than it […]
The end of yet another tax year on April 5th is almost in our sights. As ever, it is a good time to be taking care of some financial housekeeping. And for most people, this inevitably means making the most of their workplace pension […]
When it comes to financial self-education, you can hardly do worse than spend one hour a year reading Warren Buffett’s annual letter to Berkshire’s shareholders. Informative, entertaining and thought-provoking, Buffett’s letters are a far better source of information and advice than 99% of the […]
As I write this post, my stock app is flashing green all around. S&P is up almost 4.6%, which apparently is its 11th best showing ever. Stocks, mutual funds and ETFs are up across the board. The only exception is the VIX. Down about […]
Let’s have some fun with the numbers today. If you have spent any time reading personal finance articles on the web, you’ve invariably come across a graph that looks like this: Net Worth Evolution You, becoming a gazi millionaire The graph above assumes you […]
This post is dedicated to all the bankers, lawyers, consultants, private equity professionals and anyone else working in an up-or-out industry. When the time comes, you’ll know the signs. Your firm lands a plum mandate with a big fee – but somehow, despite having […]
Figure out your expenses. Multiply them by 25 to get your magic FI number. Hit that number. Leave your job – and live happily ever after. Simple enough – if you believe 99% of the personal finance articles out there. Except it’s not. On […]
Should you? Or should you not? A harmless pleasure? Or a game of Russian roulette with your financial future? Judging by the amount of debate around things like lattes and avocado toast in the personal finance blogosphere, they have got to be the biggest […]
It didn’t always feel like it, but the last decade was an awesome time to be making money. The S&P 500 delivered a total return of 275% over the ten-year period – that’s about 10.7% on an annualized basis. Large corporations have seized on […]
On Saturday night, after a long day of taking care of the kids, catching up on life admin (and even squeezing in a workout!), I was partaking in my favourite activity – relaxing on the couch with a cold beer. Unfortunately, I broke my […]
If you got here by clicking on the headline above, then well done to you. You can pat yourself on the back for being brave enough to face up to some adversity. The first step to true personal growth is acknowledging some pretty uncomfortable […]
A few months ago, I published a post on building wealth in your twenties. It was partially intended as a letter to my younger self, outlining all the things I wish someone told me 15 or so years ago. Your twenties are the perfect […]
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