Learn. Grow. Retire. (Earlier)
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…
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…
First of all, I want to wish all my readers a happy 2019. May all your dreams come true. This post is meant to be an outlook for the new year. Other outlooks that I’ve done can be consulted here. As on other occasions, I will focus on Stocks, Bonds, Oil, Gold, and Real Estate.…
Retirement Strategy Two news have caught my attention lately in the retirement world: How young people are expecting that inheritance will make sure they have money in the retirement phase; and, how the fiduciary rule can cease to exist. Both of this articles worry me. Retirement is like a long vacation in Las Vegas. The…
Risk Management It’s the forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact. Thus and in theory, I can use it to benefit from the upside of assets with more risk (potentially more return). While managing the downside for the overall portfolio (not getting wiped out in…
Mortgage rates in the past week just hit the highest level since 2011. If you look at the average 30-year-fixed-rate, you’ll see that it rosed to 4.61% from 4.55%. What is a Mortgage Rate? It’s the rate of interest charged by a mortgage lender. If you’re a home buyer and you’re looking to finance a…
The Most Powerful Force of the Universe One of the most cited quotes ever is the one attributed to Albert Einstein, that “compound interest is the most powerful force of the universe”. Although there’s no evidence that Albert Einstein actually said this, the idea behind this sentence is that if you use compound interest in your…
The Berkshire Hathaway meeting is always a moment where you can learn some excellent and eternal lessons (together with some funny remarks as always). This year 2018 meeting wasn’t different. Warren Buffet with Charlie Munger respond to a lot of questions and left 48 answers (ideas) on several topics. Read all of them here. Learning…
What is a Bear Market? Generally speaking, a Bear Market is when the stock prices decline due to a widespread pessimism among investors. In terms of quantifying the definition of a bear market, the most common and accepted is when: there is a downturn of 20 percent or more from a peak in multiple broad market indexes;…
Investing is the act of investing (money) into certificates of deposits, bonds, shares, property, or a commercial venture with the expectation of achieving a profit. Knowing how to invest successfully is the dream of many because it can lead you to financial independence and early retirement. Acquiring the basic knowledge on how to invest isn’t that…
Hello, my precious readers, welcome back to the blog. Following my post with the 2018 investment outlook for Stocks, Bonds, Oil, Gold and Real Estate, I’ll make an update on how the market is performing in the past 3 months. Stock Market Outlook In the first month of the year, we saw a huge increase in…
Income Inequality is as old as humankind Any activity that can be done by any human, and therefore monetized, can be a vehicle to drive inequality. Ever since humans started farming, some have done better than others. Thus some have done more profit than others. In the book, “The Great Leveler,” by Walter Scheidel, there’s the argument…