You are intelligent. You are clever. You are a great financial analyst. You are a stock-picker. You have been watching Disney’s outstanding movies for years. Your kids are great fans too. You have spent hours queuing with them at Disneyland.…
Tough markets out there right now. How are you coping? The journey towards building wealth starts with the battle between your ears. 𝗦𝘁𝗼𝗽 𝘀𝗽𝗲𝗻𝗱𝗶𝗻𝗴 𝘀𝗼 𝗺𝘂𝗰𝗵 𝘁𝗶𝗺𝗲 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗵𝗲𝗮𝗱! Instead, increase your exposure to humility during markets like these.…
Could it be that we have seen the peak in global oil demand back in 2019? I wouldn’t know. Due to COVID-19, experts are predicting that the oil demand peak might happen earlier than previously thought. BP says it could…
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.…
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…
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…
Why do we consciously do things which we genuinely know are not beneficial to us? A non-financial example includes smoking cigarettes (we know we shouldn’t, but many do anyway), while a financial example includes not living within our means, or saving up for a…
No, not really. Finance is a simple industry made to look and sound complicated to justify fees. Just one example, active managers love to confuse us by using Greek words. Like – alpha – to describe what other industries call…
Number 1: The age you start saving The younger you are the larger your crucial asset. That asset is called time. And I bet you have more of it left than me. I certainly do have more Christmas days behind…
