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Investing Series - Index or Dividends?

House Fever: It’s Global

Posted by 10Investing, Money, , , , ,

This post takes off from what I read in Millennial Revolution about a million dollar house-poor owner in Toronto, Canada.  The inference is similar to what I experienced personally in Washington DC.  We Americans and Canadians love home-ownership, and so do Australians from what I have heard.  In my business trip to Spain recently, I learned Spaniards also cherish home-ownership almost as a cultural mandate.  Then, I started wondering whether all this only holds true in large developed markets or does it apply even in developing markets. Perhaps only the developed world is living with contagious house fever?

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How to Recover From Personal Budget Setbacks

Posted by Life, Money, Work,
It is a dollars and sense decision.

Budget setback? Don’t worry.

The following is a guest post from my friend Ethan.  Given the retirement crisis, learning how to handle setbacks in personal budgets is relevant to many.  I hope you find it useful.

Effective budgeting typically lies at the core of a successful, long-term financial strategy. Whether it is a relatively informal register of income and expenses, or a detailed, categorical log of household cash flow, keeping track of your money increases financial security.

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Go Driverless!

Posted by 10News & Analysis, , ,

The huge financial services industry and the much smaller community of Financial Independence and Retire Early (FIRE) bloggers differ on many fronts.  Yet, we all agree on one principle – sustainable withdrawal and retirement success through simulation models.   Of course, we all need to know our sustainable spending rate.  But, as we saw earlier, focusing solely on the simulated probability of financial success only increases the relative probability of a non-financial event wrecking our plans.   Today, we seek a new angle to one such non-financial risk factor that impacts your financial future.

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Get Mental

Posted by 2Life, Money, Relationships, Work,

Fitness, that is!  In the professional world, we spend a lot of effort trying to look good.   This ‘looking good’ can happen by dressing, demeanor, dialogue or documentation (the last one is also part of how you are judged).   All of this looking good business can leave you tired and chasing the wrong habits.  There are coping mechanisms to retain your sanity and stay mentally fit.  

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A Peek Into a Real 1%er

Posted by 26Life, Money,
Too rich for this 1%er?

Too showy for this 1%er.

It is not easy to peek into the mind of a top tier 1%er for most of us 99%ers, no matter how close we are to the cut-off line.   They travel in different groups, socialize with their own limited peers and generally frequent places that we don’t get admitted to or where the price of admission would not be justified even for those with ‘entry-level’ seven figure net worths.

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What is Enough?

Posted by 14Life, Money, , ,
Even this doesn't come along for the last ride.

Even this doesn’t come along for the last ride.

“Even an eye-less needle doesn’t come with you on your last journey”  says an old proverb.  A sewing needle is a trivial item anyone can afford and its essential part is the hole or the ‘eye’ where you pass the sewing thread. If that is broken, the sewing needle is useless. You cannot carry even such a useless item on your final journey, leave alone the nice things and the people you love.  This is the inner meaning of that proverb.  It may be depressing but that’s the stark truth.  (more…)

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It Pays Rich Dividends

Posted by 7Investing
19gybk

English is an interesting language.   We bring financial concepts into daily expressions and vice versa.  All the English-speaking countries in the world trace their English language origin to some connection, if not a straight colonization, to The British Empire or the East India Company.   Many of the old British expressions have survived centuries and are used even today in many countries that have historical connection to the language.   This post takes an old British expression, back to the days of William Shakespeare (The Bard), that a good venture “pays rich dividends”.   Even as a poet, he knew about the rules and ruthlessness of business, seen in his classic The Merchant of Venice.    

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Update: Another Destination Emerges

Posted by 13News & Analysis
A wonder of the world beckons.

A wonder of the world beckons.

In my earlier article on working abroad, I mentioned the example of my American friend living and working in India.   In the same article, I mentioned that India does not offer permanent residency or retirement visas for foreign citizens, unless they can prove Indian ancestry.  My friend sent me an article last night that I want to share with you.   

Guess what?  Looks like the Indian government deliberated on my post and came up with this announcement. 🙂

India woos foreign investors with permanent residency status

But there is a problem. 

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Got Risk? Get Over It!

Posted by 6Investing, Life
risk-taking

Risky move or human ‘bridge’?  It is how we see it.

“I would like to avoid risk as much as possible” is what we often hear or even say.   That’s understandable for a conversation but the attitude we show towards risk is the single largest determinant of our success.   And that attitude was likely formed even before you entered your teenage years.  There could be any number of triggers for it. 

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Not Another Buy vs. Rent Post!

Posted by 14Investing, Money

Haven’t we seen a lot of those already?  The personal finance blogosphere is filled with material, both strongly for and vehemently against, homeownership. Due to my preference for a globally mobile career and the ‘invincible’ DC market saga, you know which side of the fence I am on.   But the real estate asset class can’t be broad brushed by individual experiences.  It can be a delicious entree or a nice side dish in a fulfilling financial meal, if done well and in moderation. I will give you my personal recipe here.

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