Copyright: R. Michael Stuckey/ Comstock Images/Thinkstock Setting up a new office can be both exciting and fun, it needn’t be hugely expensive. The key to keeping costs down is to have a clear picture of what you do and don’t need both in the short-, medium- and long term and to look for ways… Read more
Viewing posts tagged with: invest
Little house in Guatemala, week 22-23
Good Morning! A Tuesday update after I hosted the Carnival of Personal Finance yesterday, I hope everyone had a nice weekend. What a better way to start Easter week, the busiest week of our year so far, with several visits planned and the final push on the works, than with a broken fridge? Can’t… Read more
Research is the Key to Financial Investment
Since the financial market suffered its much publicized collapse in 2008, a large number of key private investors have been apprehensive about returning to the markets after losing large amounts of money during the crash. In fact, many are now willing to accept a lower return. Below are a few spread betting tips in terms… Read more
How To Become a Money Manager?
Everyone coming across this title will eventual ask – what exactly does a money manager do every day? What does his or her day look like? What does he or she handle and how does one become a “money manager?” Well, the answer isn’t as simple as you might think – for example, some… Read more
Buy-to-let in the UK: a beginner’s guide to becoming a landlord
With mortgages continuing to be out of reach for many first time buyers, and the UK rental market continuing to grow, there’s never been a better time to become a landlord. Below we share with you some of the key things you need to consider before creating your own property empire. Location,… Read more
Moving to the UK? Open a cash ISA!
When I moved to the UK in 2007, I had to go through the whole process of opening a bank account and learning about how to optimize my savings. With so many banks and financial products, it took some time. At the beginning, I just went with my boss’s bank since he… Read more
Calculating the weighted average interest rate on your debt (and why I am not paying mine faster)
Hoping my little paradise will return more than my debt’s average interest rate. I compile all my net worth data around the 10th of the month, which is when all my monthly payments are done Mortgage on rental property Utilities on rental property Taxes Consumer loans (used to buy some land and invest) Monthly credit… Read more
Breeding cattle as an investment
I own 56 bulls at the moment, down from 110. They are a happy lot, living in BF’s ranch in Guatemala, eating only grass and getting only an anti-parasite shot once per quarter. I don’t know anything about cattle, I just went with my guts on that one. There are more people on the planet,… Read more
Real Estate: How I sold my rental property… again!
It has been a tense week last week, mainly because of the sale of my studio flat in the suburbs of Paris. I had found a buyer back in June, and the legal contract took months (his lawyer’s fault) to write, so we eventually signed a sale at the beginning of August. You can think… Read more
Step 7: Invest
This post is part of a 30 days series called the 30 steps program to financial independence. You can check the list of other posts here. Step 7: Invest The goal of financial independence is to have sufficient income generated by investment periodically, so you don’t have to go back to that dreaded office… Read more