Capitalism. The most successful economic system in human history. With all its flaws, no other system has generated more wealth and elevated more people from poverty to riches. But like every other system, it's designed and managed by humans, so obviously it will be full of flaws. And there is no better place on earth … Continue reading Putting the Business Roundtable to THE test
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 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?
Investing in the stock market always involves risks. In financial jargon, we have something called a "magic triangle". It describes and shows the relation of the three cornerstones of any financial investment: Profit, security, and liquidity. You can never have all three maxed out. The more your investment tends towards one cornerstone, the less the … Continue reading To space and beyond!
In the last 10 years or so, technology was (and still is) one of the main drivers of entire markets. Technology companies rule the stock market and our lives. Anti-capitalists like to point out that the idea of never-ending growth is a failed concept as our resources are limited. But technology is the solely needed … Continue reading Video Calls are… lame?
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