Category Investing

Convergence (Part 2)

In Part 1, We covered how different classes of risk asset (equities, venture capital and crypto) have started to converge. In this Part 2, we cover how the regulation of crypto will converge with that of the existing financial system. I don’t want to alarm anyone but the current financial system is screwed. The good […]

Convergence (Part 1)

We save and invest in productive assets to build wealth and live the life that we want. The objective is financial freedom. Money is just a tool that allows us to achieve that goal. Equities and property have traditionally been the asset classes that provided the “engine” of a portfolio: they delivered the highest returns for […]

Investing made simple with a global tracker fund

This post was updated in August 2021 If you want financial freedom, then you want your money to do its share of the hard work. Your money can end up making more money than you…but first you need to get started with investing. When you buy into the stockmarket, you are buying into human progress, […]

Lessons from The Great Crypto Crash of May 2021

Last week I wrote about crypto and said it was in a bubble: Yes, this is a bubble. Yes, lots of punters will get rekt (as the lingo goes). Traders gonna trade and it’s not my job or your job to save them. It would have been good if my time machine had been working […]

The Ten Commandments of Index Investing

In a society with a hole where religion used to be, maybe we need clearer guidance? Much of life is too complicated to be boiled down to just a few simple rules to follow. But it is possible to make investing clearer and simpler than the media and financial services industry have. So listen up […]

You can’t control The Outcome, you can only control The Process

Aristotle said: We become what we repeatedly do. This neatly summarises the transmission mechanism between actions, routine, habits and, eventually, identity. Actions are things we do. Maybe once. Maybe everyday. Frequency and repetition are the magic ingredients that change actions into routine and then eventually into habits. Eventually habits sink in so deeply that they […]

There is no such thing as 100% safety, there are only trade-offs

Like many other people, I get emails. One thing I noticed about these emails in 2020/21 is that many of them ask whether I am “staying safe”? Sadly not…I have been involved in that dangerous activity called “life”. Scientific studies show that 100% of lives end in death. Perspective At primary school we learned about […]

The 3 Flavours of Investment Risk

This post was first published in September 2019 and updated in December 2020. Most people think that investing in the stockmarket is dangerous. This is not really true. Catching Ebola is dangerous. Juggling chainsaws is dangerous. The stockmarket just contains some risks that you need to know about. And if you buy and hold a […]

How To Build A Compounding Machine

Imagine a black box. Your job is to earn and save as much money as you can. You put the cash saved into the black box…into your compounding machine. Once you put the cash inside the box and close the lid, the magic starts to happen. Inside the black box the most powerful force in […]

There’s a major market crash coming…

Crashes are a fact of life. The housing market and the stock market are both prone to crashes. It’s just that these crashes look different. In a housing market crash, prices are “sticky” and slow to adjust downwards as sellers resist price cuts.  Transactions dry up, people stay put and it can take years for […]