Tough markets out there right now. How are you coping? The journey towards building wealth starts with the battle between your ears. š¦šš¼š½ šš½š²š»š±š¶š»š“ šš¼ šŗšš°šµ šš¶šŗš² š¶š» šš¼ššæ šµš²š®š±! Instead, increase your exposure to humility during markets like these.ā¦
Are you still reading books on economic cycles, trading and hedging strategies to boost your financial literacy?Is the most powerful and important investment book among them? It is called āShut Up and Wait.ā* It’s just one page with a long-termā¦
Quick question: Would it be easier for you to save 20%Ā of your monthly income, or to live on 80% of your monthly income? In case you answered, “Save 20%,”Ā Ā you are just average (sorry for being so blunt) and might beā¦
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 couldā¦
… Hmm, I donāt know how that header should be completed. Do you?Ā No? Then, letās find out together. In my opinion, the standard saying: “Don’t worry, be happy” seems to be too simplified because not only do I doubt that one can beā¦
It’s the time of the year again where we start out with a bag full of New Year’s Resolutions and than slowly … one by one … fail to execute them. Do you happen to have set the resolution toā¦
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.ā¦
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. Butā¦
A bit volatile out there recently, isn’t it? How do you feel? Calm or nervous? I choose to tell myself to stay calm and use the opportunity to refresh my memory on what IĀ should doĀ in order to be successful inā¦
There are people out there who want to be richāwithout the risk,Ā the sacrifice, orĀ the delayed gratification necessary to accumulate such wealth. But you and Iālogicallyādo not belong to that group.Ā Ā Of courseĀ not! Well,Ā in my case, thatĀ statement isĀ a tiny bit of wishfulā¦