… Hmm, I don’t know how that header should be completed. Do you? No? Then, let’s 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 be…
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 to…
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.…
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…
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 I should do in order to be successful in…
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…
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…
Was reading the Sunday Times today when several “Unit Trust Providers” and “Actively Managed Funds” peddling their services through ads caught my eye. Whenever I do read those eye-candies, I can’t help but recall the miserable track record of active…