Learn. Grow. Retire. (Earlier)
If you want to read part 1, click here. Rule of 10% About the limit of 10% that the FED has set in terms of maximum stock position of one owner, and the recent proposal to increase to 25%, Warren says that it has “huge execution cost” because of the rules when buying and selling…
Another year, another Berkshire Hathaway Shareholder Meeting. And along with it valuable lessons by two of the most brilliant investors in the US: Warren Buffett and Charlie Munger. If you’re a frequent reader of this blog, you probably know by now that these are two of my favorite sources of financial wisdom and experience in…
Norway’s wealth fund gained $84 billion in the first quarter. According to the quarterly report, the Government Pension Fund Global returned 9.1 percent, or 738 billion kroner, in the first quarter of 2019. Strongest ever (in terms of kroner). This fund invests only outside Norway, to prevent the domestic economy to overheat. Returns by asset…
The S&P 500 reached an all-time high on Apr 29 2019. The broad index gained 0.1% to 2,943.03, breaking the previous record high set in September 2018. This index is having its best start to the year in 32 years. On top of that, it has rallied nearly 18% in the past four months, its…
Last year I had a weekly roundup of the best articles that I’ve found on websites and blogs. But it was very demanding and difficult to maintain. Therefore I want to re-make that initial idea and turn into a monthly top articles curated just for you. This post is called “About Last Month“, and it…
Debt has this double meaning: it can leverage your financial position to buy a house, a car, to invest and so on. Also, it can destroy your financial future if the interest rate or the years to repay are to high. GrowtoRetire was born out of the necessity of teaching me (and hopefully others) about…
An initial public offering, or IPO, is the first sale of stock issued by a private company to the public. Thus representing the moment when a company turns public. The moment where you can invest in a company through a stock exchange, and can easily access reports showing information about operations, profit, revenue, and so…
One thing that is nice in personal finance and early retirement, is that you don’t need to reinvent the wheel. Most of the time you just have to absorb valuable financial lessons, and follow or emulate the good examples. In terms of Financial Independence and Retire Early, quality lessons rarely change over time. Therefore easier…
If you’re a frequent reader of this blog, you should probably know by now that I’m a strong supporter of Passive Investment and Exchange Traded Funds. This post with +20’000 Views is an example. There’s an ongoing debate about whether if active investing is superior to a simple lazy portfolio or if an active fund…
History means knowledge acquired by investigation. It’s the study of past events, through evidence such as written documents, photos or other items that describe past actions. The importance of studying the history of retirement is that we can learn from previous events, mistakes, or good options in a way that it may be used in…
In a link that you can read below (free tutorial for beginners), one of the ideas that I wrote is “10. Diversification is protection against ignorance“. I continue to believe that for the average joe, without a deep knowledge of the market and/or for investors that don’t have the time or the resources to follow…
The years pass and I see – sometimes more than once – ideas come to live, when historically they have been tried, and then failed miserably. Recently I’ve come across this article, where it’s said that Democrats (US) introduced legislation in the House and Senate to tax financial transactions. US Version of Tobin Tax Under…