Imagine if you will the only available investment opportunity is to invest in shares of sandal manufacturers. You are presented with two options. Option 1 is to take a long-term buy and hold position in a fund which holds interests in the top 100 sandal manufacturers in the world. Option 2 is to constantly buy […]
Tag: investment property
What makes things go up and down
Even in a pre-covid-19 world, my brother would always ask me why the market (and more relevantly) individual stocks would often defecate themselves. He did not say ‘defecate’. ‘Defecate’ is very much a euphemism here. Everyone’s talking about large dips or rallies in the market these days but if you distance yourself from the market […]
Buying your first home – Part 2 of 2
Imagine you were in the market for a pair of birkenstocks. Imagine it was your very first pair. Now imagine the salesperson at the store said that they were running a promotion. The salesperson tells you that all first-birkenstock buyers qualify for a 5% discount. Well that sounds pretty appealing doesn’t it? Not really. Because […]
Accumulating assets
One of the best pieces of advice I ever received early in my career was that if I wanted to be wealthy, I needed to focus less on growing my income and more on accumulating assets. In most OECD countries, this is true from both a finance and a tax perspective. Assets grow faster than […]
