Get-Rich-Quick Schemes do not work! The only way to grow your nest egg is slowly but steadily.
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.…
… 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…
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…
Sorry, what did you say? “You are a bit late with your forecast, Tacomob. It’s already February!” Well, dear reader, what’s a year anyway? It’s merely the orbital period of the Earth moving in its orbit around the Sun. But…
Singapore is small by many standards. Certainly very small in terms of population. We only have 5.6 million residents. Roughly a quarter of municipal Shanghai or less than 0.1% (0.073% in fact) of the global population. A mighty punching-above-their weight…
There are people out there who want to be rich—without the risk, the sacrifice, or the delayed gratification necessary to accumulate such wealth. But you and I—logically—do not belong to that group. Of course not! Well, in my case, that statement is a tiny bit of wishful…
I had lunch with an ex-colleague from my corporate-duty-days yesterday. She asked me how was it possible (sic!) to achieve financial freedom by the age of 44? Hmm, that made me think. I was not able to come up with…