There is a common misconception that classifying things as economic bubbles imply that it is worthless. It just means that it is valued much higher than its intrinsic value. A typical definition states that an economic bubble is an investment that is bought simply because everyone assumes that it will be worth more tomorrow, for …
When investing in shares we are driven by two fears: The fear of getting in at the exactly the wrong time and the fear of missing out. After fighting these fears for months, you make the jump and invest some funds. Then you start watching the funds like a hawk. If it goes up, you …
I am sharing my road to Financial Independence (FI) to help me get my shit together, or at least get you to think about where you are. The reality is that we all want to be financially independent. FI does not imply quitting your job and is not a synonym for retirement. It is the …
One of the best videos on Youtube is called the marshmallow test. If you have not seen this yet, do that immediately. They give the kids the option of eating a marshmallow now or waiting a few minutes and receiving a second marshmallow. The kids sit there in sheer agony counting the seconds until she …
