Personal Finance
Are you looking to expand your investment portfolio? Have you ever considered investing in bonds? Bonds are one of the most common investments and can provide a steady stream of income over time. If you're new to bonds or just want to brush up on some of the
Personal Finance
Are you interested in investing in stocks but don't know where to start? If so, you’re not alone. Investing in the stock market can be a great way to create passive income and build wealth for your future, but it can also be intimidating if you are
Personal Finance
The 家計簿 (kakeibo) - literally household finance ledger - is the essential tool used by any money-savvy Japanese to manage the household finances. She would diligently keep up her kakeibo every day, noting down items in each budget category. Kakeibo promises an automatic saving of 35% on the household finances
Personal Finance
If you're like many people, you may think that investing in wine is only for the wealthy. However, this isn't necessarily true! There are a number of ways to get started with wine investing, and it can be a great way to add some diversity to
Personal Finance
When it comes to investing, there are two main schools of thought – technical analysis and fundamental analysis. Technical analysis focuses on price movements and patterns, while fundamental analysis looks at a company's financials and underlying factors. Let's take a look at how you can use them
Personal Finance
Diamonds are a girl's best friend, or so says a famous jazz song by Carol Channing. Diamonds, the gems that have symbolized love and marriage for decades, are beginning to attract wealthy investors as a commodity investment with potentially high returns and have, even more than gold, always
Personal Finance
The author of this book, William J. Bernstein, is not your usual author. In fact, he hasn't only published financial books or founded an investment management firm, but before starting his finance career, he got a PhD in chemistry and MD (specialized in neurology). The Four Pillars of
Personal Finance
For my first article of the book reviews section, I decided to pick one of the most famous and recommended book on personal finance: Rich dad, poor dad by Robert Kiyosaki. The book has been around for more than 20 years and after the success it had, it pushed Kiyosaki
Personal Finance
A (wrong) assumption is that kids don't and should not hear anything about money because "they are kids", "should just think about playing" and different variations of the statements. Well, this couldn't be more far from truth. In fact, kids hear about
Personal Finance
There is an old saying that goes like: "Money can't buy happiness". My answer to it is "Then try to live without money". Jokes aside, there are a couple factors to consider: * The context you live in: being poor, wealthy or even rich depends
Personal Finance
To understand what is compounding, instead of starting with the theory, let's start with a picture. Imagine that you invested $10,000 for 30 years at 5% interest rate, in one case with compounding and in another without. You can see the result in the chart below: The
Personal Finance
To put in practice the theory on how an income statement is structured (in the article HERE), let's take a look at a couple income statements. I don't want to make you certified accountants therefore we'll just focus on the main peculiarities of the