Tag Archives: Financial independence

Financial freedom

What if never working again was just The Hook?

I think of quitting work and never working again as “The Hook” of financial independence.  It’s the thing that first captures people’s attention. How do we know this? Well, it’s always the thing that the mainstream media focus on when they feature financial independence. The Media know they have to lead with something that catches people’s […]

The Essential Importance of Getting Your Stake Money Together

Not buying stuff is easy. It became my default mode years ago. I don’t identify as frugal…if I want something, I’ll buy it…it’s just that I don’t want more stuff. Generally, I don’t want the extra hassle involved. Everyone has a different view of what “enough” looks like. It’s all relative.  Is Bill Gates being […]

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 […]

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. And then, just days later, crypto markets crashed. It would have been […]

What’s at the bottom of The Crypto Rabbit Hole? (Part 2)

In Part 1, I explained that I was late to crypto because what I saw at first glance (a speculative frenzy) had put me off. But I was wrong. Things get more and more interesting as you go further down the rabbit hole. Please bear in mind that I am not trying to persuade anyone […]

What’s at the bottom of The Crypto Rabbit Hole? (Part 1)

The $90 billion IPO of Coinbase last week was a landmark in finance. Coinbase is to cryptocurrencies what Paypal is to money transfer. Both are disruptive start ups that use the internet to simplify the process of handling money. Paypal links the legacy banking system to the email system. Coinbase links the legacy banking system to a crypto exchange […]

The Ten Commandments of Index Investing

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 heathens…here are the 10 commandments of simple low-cost equity investing. 1. Know thy purpose Money is […]

It’s Good to Talk

It’s good to talk… …so why do people often steer clear of talking about money…even though it has such an important role in our lives? Well, personal finance is…personal. You can’t have a proper conversation about money without touching on values: people’s deeply held beliefs and priorities. Everyone is different and we all have different […]

What doesn’t kill you makes you stronger

There’s nothing like an early taste of poverty for instilling a lifelong appreciation of money and financial freedom. My parents stretched themselves with a big mortgage to get up the housing ladder in 1981, just before interest rates went to 17%. Ouch! As a result, holidays and newspapers got cancelled and belts had to be […]

Price is what you pay, value is what you get

Imagine that Bill and Ted have gone trekking in a remote corner of the Death Valley National Park in the USA. They’ve been camping and were carrying all their own food, tents and equipment. Unfortunately some coyotes stole all their stuff a couple of days ago, since when they’ve been walking back towards their car. […]