Why Rich People Are Broke
A significant proportion of high earners are living paycheck-to-paycheck. Why? In this post we explore some of the reasons for this strange phenomenon.
Read moreA significant proportion of high earners are living paycheck-to-paycheck. Why? In this post we explore some of the reasons for this strange phenomenon.
Read moreIn an ideal world, everyone would have a financial adviser. But in reality, that’s not possible. The good news is that most people don’t need one.
Read moreOptimisation is stupid. Trying to build the max-return portfolio, taking on debt, and building the “perfect” personal finance structure are foolish endeavours.
Read moreReading the news is a waste of time. It costs you time and leads to worse performance. Stop it.
Read moreFocusing on details is largely a waste of time, in fact, it could be harmful. You don’t need to be the best – just don’t lose too badly.
Read moreRetail investing can never really be solved. But we can translate our principles into strategies and tactics to do well.
Read moreThink about return in terms of upside and downside, rather than probabilistic expected return. Limit your downside. Upside takes care of itself.
Read moreBefore you start worrying about returns, worry about risk. Focus on the potential downsides of your portfolio and the returns will take care of themselves.
Read moreThinking very long term is very beneficial for a number of reasons. Here we explore those reasons.
Read moreInvesting in a global index fund is common investing advice. It has its advantages, sure, but what are the disadvantages?
Read more