Higher taxes are on the way. Regardless of how you feel about it, it’s a fact. A history of public deficits across the developed world, combined with a massive Covid-19 bill, means that governments will need to seek new sources of revenue. Unfortunately, the increase in the tax burden will likely fall on individuals. Let’s …
Higher Taxes Are Coming – Here’s What To Do About It Read More »
The penny has dropped. Almost six years after originally laying out plans to increase the pension age, the UK government has finally confirmed that it will put the necessary legislation in place. To be clear, we are not talking about the state pension age here. That’s a whole different (albeit related) story. Instead, what’s being …
Work Till You Drop: Here Comes The Pension Age Increase Read More »
If one were to distill the most contentious question in stock market investing, it would boil down to this: “What is a reasonable expectation for stock market returns going forward?” Your take on the question above impacts a multitude of things. First and foremost, it drives your asset allocation decisions. Do you go all-in on …
Short of winning a lottery, marrying rich, or coming into an inheritance, there are just two dials you can move to accelerate your journey to financial independence. One is to go all-in on your day job in order to maximize your promotions and pay. The other one, so popular in the FIRE community, is to …
To say that 2020 has been an eventful year would be an understatement. A once-in-a-century worldwide pandemic led to unprecedented levels of government and central bank intervention. In turn, the combination of a macro shock with the fiscal and monetary response has led to some pretty interesting developments in the capital markets. While my own …
How Have Various Asset Classes Performed in 2020? Read More »
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 of work emails and calls saw to it. No chilling out …
My long-running pet peeve with real estate investing is the extent to which some people oversimplify it. What I’ve found over the years is that more often than not, these very same people are trying to sell you something. Usually, it’s an online course or some prime land in Florida. What could possibly go wrong? …
The Most Important Number In Real Estate Investing Read More »
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 15-20-25 years. I have recently read the book “Your Money or …
