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 …
Once your first kid is on the way and you are done marvelling at the wonder that is life, the next thing you think about is costs. Naturally, your thoughts drift to education since this will arguably be your biggest expense (depending on how much your kid eats). If you are looking to find a …
One of the new Financial Independence (FI) crazes bloggers are tripping about, is a mini-retirement. There are entire blogs dedicated to discussing how to finance this and the planning involved. I’m just going to scratch the surface to get you thinking about whether it is something that might work for you. A mini-retirement involves taking …
What is risk identification? When you invest in assets there is always the chance that things can go wrong. It is necessary for us to know what the potential risk associated with each asset class is. This allows us to analyse and mostly mitigate the risk. This is called risk identification and management. There are …
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 …
When we invest in different asset classes, each is taxed differently. Depending on where your money is invested when you retire, your effective tax rate will differ. This got me wondering, how badly can you fuck this up? Will you, by investing in the wrong asset classes, keep yourself from living the good life? About …
Note that this post contains a few affiliate links. Most of the things I recommend are free. If you manage to host somewhere for free, let me know, I’d be interested too. Once in a while, everyone gets an idea for something they’d like to sell online. Then the question arises where you can sell …
With the baby on the way, it’s time for us to start making the call on how long my wife will go on maternity leave. More importantly, what will we sacrifice if she did not go back to work. This got me thinking about how much we would sacrifice if she was at home full-time. …
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 …
I had a conversation this week about the performance of Unit Trusts (UTs) in South Africa and how unfathomable it is that Exchange Traded Funds (ETFs) could outperform UTs. UTs are actively managed, obviously they should have superior performance over an investment vehicle that simply buys and holds indices. Still, the latest (December 2018) Standard …
