Unchartered Waters

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

Black Swan Events

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

Panic has never been a good adviser

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

What would you do…

... 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…

Ethics and the Stock Market

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

A journey of a thousand miles…

...begins with a single step. There might be twists and turns, ups and downs, but once we start walking and frequently check our compass, step by step we get closer to the finishing line. Reaching the goal of financial independence requires a substantial amount of money in savings and investments. Getting there is not easy … Continue reading A journey of a thousand miles…

Assets and Liabilities

These two words rarely come up in conversations. Even with my friends and colleagues, unless initiated by me, I have seldom noticed anyone popping them up into a regular chat. I guess there are good reasons for that. They sound complicated. They sound very "financial". They just don't fit in the "what are you planning … Continue reading Assets and Liabilities