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 new graduates. When I finally managed to land an entry-level job …
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) traded for minus $40. That’s right. If you owned a barrel …
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 few years, I have become far less dogmatic on tracking our …
Key Reflections And Takeaways From Our Most Recent Net Worth Update Read More »
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 bliss and relaxation. Ain’t gonna miss this part of the day …
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 book. Theory always loses to behavioural biases and personal circumstances. In …
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 a break from the relentless stream of pandemic- and money-related stories …
Forget Money – Banker on FIRE Turns One Year Old! Read More »
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 about 55% a decade later. It makes sense. Back in the …
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 often hold large positions in companies that we represent, so an …
What The Smart Money Is Thinking Now – And Why You Can Do Better Read More »
