Tag Archives: Investing

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 […]

What does “Doing the Work” mean? (Part 2)

“Doing The Work” is a phrase that I only heard for the first time a couple of years ago on (American) self development podcasts. At first, I wasn’t sure what it meant. They weren’t talking about coal mining, plumbing or accountancy…or other forms of paid work. No, they were talking about emotional work. Yes, that’s […]

How to break up with your wealth manager

Reader: OK, T.E.A. – I’m the customer of a wealth manager or financial adviser and I read your previous post on being screwed.  I’ve a nasty feeling I’m paying a shit load of fees for underperformance but I’m nervous about changing.  It would be hard for me to leave…who would I speak to when the news headlines are […]

financial independence

Day trading: Frankie goes to Vegas

Charlie Munger likes to invert problems. He says he’d like to know where he is destined to die. Why? He explains: “So I can then be sure never to go there”. Similarly, one way to get rich is to think about how to get poor…..and then do the opposite. A good example of this is day trading. […]