Category Investing

P2P Lending : A warning from The Richest Man in Babylon

Today’s post is from Arkad, who achieved financial independence over 6,000 years ago in the ancient city of Babylon. Arkad learned the ancient laws of money and, as a result, became The Richest Man in Babylon, the subject of the classic personal finance book of the same name. Now you may be wondering what relevance this […]

Cohort analysis for active investors

Warning!  This week’s article is geeky and technical. Like The Investor over at the excellent Monevator site, I invest actively via stockpicking. But most people are probably better off investing on autopilot, dripping money into index trackers each month and getting on with life. As I’ve said before, investing can be made really simple.  Cohort analysis for active […]

Financial independence

Get unstuck : The freeze response in finance

Why do so many people get “stuck” when trying to invest? And how can we get unstuck? Everyone is different, but a common problem with investing is that when people are anxious, they often “freeze”. They stop taking action and then get stuck.  In my coaching I help those people get unstuck. This may seem strange for investing ninjas, but […]

What if Vanguard gets nuked?

As low cost index trackers become more and more popular, one question I often get during financial coaching is: What would happen to my money if Vanguard went bust? I worked in corporate finance and saw enough companies go bust to know that it’s a good question. And it’s worth sharing the answer with readers. But The Escape Artist doesn’t […]

Hey everybody! The Emperor is butt naked!

In Hans Christian Andersen’s fairy tale of The Emperor’s New Clothes, two fund managers tailors promise an emperor a new suit of clothes made of the finest and most expensive fabric. They explain to the Emperor and his advisers that the fabric is invisible to people who are stupid and don’t understand tailoring. When the Emperor parades before his subjects in […]

Financial indepedence

January sales and Bozo’s circus

It has been brought to the attention of The Escape Artist that during the first part of January there were some sales going on 1) in the shops and 2) in the stock market. For reasons that are not entirely clear, we are invited by the media to celebrate the former and panic about the latter. But if it’s […]

Honey, I fired the financial adviser!

One of the great things about a blog is the comments, emails and other feedback from readers.  Best of all are reader success stories like the one I have for you today. Like everything good, the rewards of blogging are not always obvious at first. You diligently tap shit into a computer for several months. You share […]