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
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
Many things have changed since I finished high school. Some for good. Some for bad. Some for... it's hard to tell yet. For example, my parents used to tell me that if I wanted to be successful, I had to finish high school, then graduate, and if I really wanted to become the best I … Continue reading Freelancing is the future – and so is investing
I decided a few months back to open a stock account for my wife. I am not a big fan of shared or joined accounts and prefer if everyone has his/her own fair share of independence. Therefore, while we keep our bank accounts separate, it only makes sense that she also has her own source … Continue reading Trading stocks in Thailand
As the calendar has continued to roll into March, we are quickly approaching the dividend season in Germany. While most companies in the US pay out a dividend every 3 months, German companies do so only once a year. One could argue about which system is better or worse, but that's a topic for another … Continue reading The dividend season is coming!