One of the most common recommendations for solid financial planning is to have a personal budget in place. It can help you immensely to allocate your resources where they are needed the most, to analyze your expenses and to stay on top of your finances at all times. So it's not surprising to hear this … Continue reading You should have a personal budget, right?
One of the most popular ways to invest is to purchase so-called Exchange-Traded Funds, or short, ETFs. The concept is simple and quickly explained. It is basically a similar structure to a regular fund, where stocks of companies are being purchased into the fund and then being sold to potential investors as one product. The … Continue reading About ETF Investing and DRIP
Like in every profession, the world of investments is filled with abbreviations. One of the most popular, and dare I say most important ones, is called "DRIP". DRIP is an abbreviation for a Dividend Re-Investment Program which banks may offer their customers when they purchase certain stocks. The idea behind is very simple: When a … Continue reading DRIP it another way – DIY
To be frank, I expected 2019 to be a good year. I was hoping the POTUS to get to some kind of arrangement with everyone, even if this would only mean that people learn how to handle his very specific character. But as we can see, the situation is completely out of control. We have … Continue reading Opportunities on the rise
Today is the 12th of May, which means that today is the last day of the 19th week of this year. This, in turn, means that we have only 33 weeks left until it's New Year's Eve again. Time is short. I have fulfilled one of my targets for 2019 and took a break in-between … Continue reading Thinking about inflation
I got to admit it. I am a workaholic. Not only did I work the last two years in a job with a 6-day-workweek with 10-12 hours daily, I also had a side-gig writing articles for a financial magazine, I was exercising four times a week for two hours straight, I was working on this … Continue reading About 996 and Jack Ma
Over the last couple of months, I have started to reduce my social media presence and to close many of my online accounts. My Facebook account has been deleted (I seriously didn't miss it a single day), and the same thing happened to my Twitter account and AirBnB. As I move closer towards my goal … Continue reading Dividend Stocks make your worries go away