Investing

Back In Action

You may have noticed that as of last week, we are back to regularly scheduled, twice-weekly programming here at Banker On Fire. Two weeks in Spain flew by. It wasn’t a relaxing holiday by a stretch – a toddler, an infant, and a stream […]

Stock market fear
Stock Market

How Bad Can A Stock Market Downturn Get?

Not too long ago, one of my readers posed an interesting question in the comments section of this blog. Essentially, it boiled down to this: I am using the stock market for long-term wealth building and my goal would be to FIRE, hopefully, within […]

Personal Development

Not Fade Away

In a break from tradition, today’s post has nothing to do with money, investing or financial independence. Instead, it is about life, and dealing with the curveballs that it will inevitably throw your way. Imagine for a moment that you are young, healthy, have […]

Pensions

Zeroing In On Your Workplace Pension Returns

When it comes to stock market investing, it’s pretty easy to figure out your expected returns. This is especially true if you are young and hold a 100% equity portfolio. Simply take the expected nominal long-term return. Historically, it has been somewhere in the […]

Loving Active Investors
Investing

Falling In Love With Active Investing

In the personal finance community, you will struggle to find a set of people more vehemently disliked than active money managers. Yours truly certainly shares the sentiment. There are exceptions, of course. Star managers who haven’t (yet) fallen from grace. The rare species who […]

Taking Stock
Personal Development

Taking Stock

In any journey, the half-way mark is always an interesting – and symbolic milestone. Even more so this year as we navigate our way through a tumultuous 2020. Not that long ago, we were busy writing up our New Year’s resolutions. Those Australian wildfires […]

A Matter Of Time
Personal Development

A Matter Of Time

One of the biggest obstacles we face on the path to success is the concept of time frames. As a species, humans are just so damn impatient. Genetics plays a big role here. Put simply, delaying gratification was never the utility-maximizing strategy. For thousands […]

Financial Independence

How To Lose Your Job In 10 Years

Another horrible commute. A highly unpleasant interaction with a passive-aggressive colleague. A manager that seems to pile on more work every day – and yet isn’t nearly so generous with the recognition. And the work itself. What (hopefully) seemed exciting early on has now […]

Real estate riches
Real Estate

How People Get Rich With Real Estate

A while ago, Peter Kim (a.k.a. Passive Income MD) published a post titled “Buy one property per year and retire early”, which I found to be fascinating reading. Somewhat unfairly, Peter took a bit of flack in the comments for making assumptions that some […]

Smarter than the stock market
Investing

Who Is Smarter Than The Stock Market?

“Objects in the rear-view mirror may appear closer than they are”. Right now, the opposite is true. It feels like a lifetime ago – but it has only been 11 weeks since we were trying to find a way forward in the midst of […]

It Won't Happen To You
Careers

It Won’t Happen To You

When Randall Stephenson announced he is retiring from his role as the CEO of AT&T a few weeks ago, he sure caused a stir. Donald Trump took an instant swipe at him on Twitter. Clearly, no love lost between CNN and the White House […]

Passive income - reality or mirage?
Financial Independence

The Illusion Of Passive Income

Tuck the kids into bed. Kiss your significant other good night. Slide under the covers, close your eyes and wait for the magic to happen. “Make money while you sleep” Ahh, the holy grail of financial independence. A present-day Noah’s Ark, keeping you afloat […]