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
The stock market has been going up for quite some time now, and every now and then we can read about some market analysts predicting the next crash or crisis. The common consensus is that it's not whether a market crash will happen, but only when it will happen. And I fully agree. It would … Continue reading How to prepare for a market crash
The stock market is pretty rough for a couple of weeks now. Some people predict the next financial crisis. Others think it's just a correction. And then you have all the doom scenarios out there, putting our entire financial system in question. The truth is, I have no clue what is going to happen. No … Continue reading What I will do when the markets crash
Among all the places I worked at, one place remained deeply engraved in my DNA. The Intercontinental Hotel in Berlin. I worked there for about a year as a receptionist, and even though the time was short, it had a strong impact on the development of my career and on my personality. The first and … Continue reading Doing the right thing
Yes, you read right. The new year started but we don't do the resolution stuff. We start the year with serious targets. Today is the 6th of January, so the 1st week is almost gone. This means that we have roughly another 51 weeks to meet our own, ambitious but still realistic expectations on 2019. … Continue reading 2019 – Drop the resolutions!
So this is it. Tomorrow is Christmas, and only a week later we will already be saying "goodbye" to 2018 and "hello" to 2019. I will be working - a lot - over the next 10 days, so let me write my last words on this blog for 2018 today. Obviously, since the blog is … Continue reading 2018 in retrospect
I am currently on vacation and enjoying some quiet time with my family & friends in Germany and Poland. Last week, my moms best friend came by, we had a cup of tea and overall a great time as she had the pleasure to get to know my little daughter for the first time. My … Continue reading Retirement woes – Reality is catching up
Traders and investors are a large minority. It doesn't really matter which country we talk about, but overall, based on the total world population, investors are a rare breed. With my German background, I can say, that among my friends and colleagues there are only few who are active on any stock exchange and the … Continue reading Time is your biggest asset
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?
Last week was apparently the worst week for the stock market since the BREXIT announcement back in 2016. My portfolio took a hit with some of my favorite stocks crashing down. In particular, one of my REITs (Real Estate Investment Trust) crashed 12% while announcing a dividend cut. The company is called Wereldhave and is … Continue reading 2018 – Is it time for a crash?