You can’t afford to give the stock market a miss. Start now to have enough later!
Because it’s kind of a tradition and because I have a 100% success rate with my previous forecasts here we go again: But first, let’s ponder on this: What’s the significance of a year anyway? It’s merely the orbital period…
Had a chat with my sons. I thought at their age of 20 and 18 (soon) it is about time for some real adult talk. So I asked them whether they’d prefer wisdom or gold. The unanimous answer was gold.…
Are you yearning for retirement? But retirement has an image problem. What kind of mental picture does this word conjure up for you — sunny beaches and no longer having to set an alarm clock? Or a stressful feeling about…
… see what others are spending. And that is a problem. Due to our envy bias we do pay more attention to how our friends and neighbours spend compared to how they save. Well, comparing with friends might be a…
Who still believes that you as an individual investor can still outperform a broad-based ETF by picking some “superior” stocks? Ok, ok. I agree, Index Funds and ETFs will never bring you alpha but they also won’t require so much…
Would you agree or not? Have you ever felt a drop in motivation to actively take care of your investments? If you are not intrinsically motivated, your default option is usually extrinsic motivation. That leaves you foraging for carrots (money,…
Correct, Microsoft. Microsoft has gone through a massive leadership style change in February 2014 from Steve Balmer to Satya Nadella. Under Ballmer’s tenure as CEO, Microsoft’s share price stagnated despite Microsoft’s financial success at that time. His management style was…
How do you value time versus money? Let’s first understand a crucial difference between them: As a personal commodity, money is extremely elastic, in that you can theoretically accumulate an infinite amount of it. Time, by contrast, is intrinsically inelastic:…
I had a sobering meeting with a former colleague from work. We had not met for years. But I vividly remember him making a commitment at the end of our previous coffee chat in 2016 or was it 2017 that…
This will have some long-term implications. As a rational optimist, I do believe that the vast majority of the 7.6 billion people in this world wake up each morning to build a better life for themselves. The younger they are…