In contrary to common belief, investing money is not rocket science. It can become one, but so can everything else if one would decide to dig deep enough into details. So today I would like to debunk this general perception and give advise on a more healthy and valid approach on how to perceive and … Continue reading The Investor Mindset
There are certainly many ways to reach financial freedom, but unless one got very lucky on a bitcoin deal or in the lottery, the 2 main contributing factors to reach the target are to: Increase income Reduce expenses I will write separately on how to create your personal plan and budget to monitor and work … Continue reading Sacrifices – for a better future
Let me say it clearly right from the beginning: Writing about politics is almost always a mistake. I try it anyway. It doesn't matter whether you are right or wrong, but people tend to have different opinions and very different points of view. Therefore, no matter what you write, you will always have a divided … Continue reading Reading News
Today I would like to clarify a few points regarding the term "passive income". There is probably no financially successful person in the world who would not preach the mantra of protecting your financial future by having multiple streams of regular income. Relying on your job alone is a risky endeavor. You are dependent on your … Continue reading What is passive income?
The last week was probably not very good for most investors. President Trump started tweeting and everybody went gaga. Now, nobody knows what will happen and nobody really knows how markets will develop from here on. The year 2018 was not supposed to be the year when everything comes down. It was supposed to be … Continue reading Is the crash coming?