The world of finance has its own set of terms to describe whatever is happening in the market. And given the current situation, just talking about "Bulls" and "Bears" is not enough. Let me introduce to you another term. The Black Swan. Black Swan events happen every now and then. Like now. Since this is … Continue reading Black Swan Events
The coronavirus is now officially a pandemic. A serious threat not only to human lives but also to the world economy, to our health system, and yes, even to our financial system. As the virus spreads further, entire countries are closing borders, schools are closing doors, events get canceled, elections move online. People get scared … Continue reading Panic has never been a good adviser
The current situation in the markets is really something else. The world went last week into a correction mode and trillions of euros in value have been erased from existence. My own portfolios suffered immensely. My speculative portfolio lost almost all unrealized gains from this year. My dividend income portfolio was up to 16,47% in … Continue reading Is it time to get greedy?
The last week was the worst week for a few years. Throughout the entire week, there was not a single day that the markets would have gone up. Everything was crashing. Tech, utilities, income. My personal account with dividend/income stocks is down to -16,47%. My speculative portfolio was 40% up just the week before and … Continue reading Stocks are crashing. What now?
... if you wouldn't need to work anymore? If you wouldn't need to worry about food, shelter, and health, what would make you get out of bed every single day? As the election in the US is drawing closer, I have spent some nights learning about some of the presidential candidates. The person who is … Continue reading What would you do…
The first month of any new year tends to be great. Not only does it feel like a fresh start, but it also helps us to draw a line, to make a clear cut, and it reminds us that it's never too late to start over. This psychological and ever-repeating pattern also shows on the … Continue reading New Year’s Optimism
Everybody wants to do the right thing. At least on paper. Of course, it sounds so much better to say "I contribute to saving the world" instead of "I contribute to spreading cancer". Right? With this idea in mind, there is a large movement among banks and financial institutions who like to put some ethics … Continue reading Ethics and the Stock Market
Looking forward to the year ahead, I have summarized my expected dividend payments and put it together in a nice, motivational format. What do I mean by that? Being a numbers guy, I crunched the numbers. Let me summarize the highlights: On average, I will receive 8 dividend payments per month. 3 of those are … Continue reading Monthly Dividends
The year is coming to an end, and despite all the chaos around the globe, it wasn't a bad year after all. No financial crisis, no armed conflicts on a global scale. Considering all the projections from 2018 it could have been much worse. I feel like this year passed way too quickly and personally, … Continue reading 2019 wasn’t too bad
Today is the last day of the first week of December and it's about time to get serious about the plan for 2020. I have spent some sleepless nights on reviewing my personal budget for the next year, adjusting savings targets, expenses and thinking about upcoming opportunities. Health For 2020, I target a savings rate … Continue reading Planning the next year