Yesterday I watched an interview with Warren Buffett. It was actually from February this year, but I hadn't that much time to focus on such a long single video then. The interview went on for over 2 hours. Now, with working from home and my hotel closed, this was an opportunity to seize. Warren Buffett … Continue reading Buying great companies at a fair price
This post is probably 12 months late. As we are in the middle of a global pandemic, people are losing jobs, lives. But even more are coming to realize that they miss something truly important: An emergency fund. I got to admit, I am also not a great role-model here. Over the last 5 years, … Continue reading About emergency funds
As I mentioned in my last post, investing makes a lot of sense for people who want to retire earlier, safer, and with a higher degree of protection than one would have with a regular job. This is applicable to basically everyone. I explained this with the distribution of all the freshly printed cash that … Continue reading Who gets all the money?
People all around the globe face unprecedented challenges. Well, at least it's unprecedented for my generation (Gen X), and certainly for Millenials and anyone younger than them. Millions are losing jobs, are forced into quarantine. Many are in dire need of some kind of assistance, whether it's cash, food, or both. Here in Thailand, we … Continue reading About multiple income streams
These are tough times. The world is on lock-down. People are losing jobs or are getting pay-cuts. And the probably worst thing of all is that we don't know when this is going to end. Therefore, now more than ever, it is important to manage the money we have in the most cautious and structured … Continue reading 5 Tips how to manage your time (and budget) now
People were talking about the possibility of an economic collapse for a few years now. Over the last two or three years, whenever I visited a bookstore (yes, I do that) I saw countless books from economy professors, advisors, and other professionals talking about the next crash. I read some of them and I agree … Continue reading Is this THE opportunity for the next decade?
Things are looking grim. As economies across the globe are setting record after record on rescue-efforts for companies and individuals alike, more people get infected and are dying by the hour. Here where I live in South East Asia, things look currently like this: But, this is not a medical blog, it's about personal finance. … Continue reading Unchartered Waters
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?