REITs an alternative to property investing
Today we will look into REITs an alternative to property investing. REITs (Real Estate Investment Trusts) can be used as a means to diversify your investment portfolio into another asset class without direct investment into property. REITs are a little like ETFs (Exchange Traded Funds) and index funds in that they contain a parcel of… (0 comment)

Common Money Mistakes You Should Avoid
Today I have made a list of common money mistakes you should avoid. Looking back at my financial life I have made many mistakes over the years and I am sure I will make more in the future. This list will hopefully help you to become aware of a few of the common money mistakes and… (0 comment)

Is Dollar Cost Averaging Below Average?
Dollar cost averaging is systematically investing money over time as opposed to investing it in one lump sum. Advice from professionals has more than often been that you should use dollar cost averaging to help protect against a market downturn. Most of the time we have no choice but to dollar cost average into investments as… (2 comments)

The Burning FIRE To Retire
As a keen student of personal finance and related topics I consume ridiculous amounts of content from books, blogs, podcasts and the like. In recent times the term FIRE seems to be generating a cult like following in the personal finance community. FIRE is for those of us that believe the traditional work till your… (1 comment)

How To Calculate Your Net Worth
Your net worth is arguably the best way to keep track of your financial progress. Once you know how to calculate your net worth you can use it to help make good financial decisions everyday. What is your Net Worth Your net worth in its simplest form is the value of everything you own (assets) minus… (0 comment)

Simple Three Fund Investment Portfolio
Today I am going to look at setting up a portfolio based on the bogleheads simple three fund investment portfolio. I like the idea of starting off with a simple portfolio and then building up from there. Perhaps an even simpler option would be a target date retirement fund but if you are more of a… (0 comment)

Are You On Track To Be The Millionaire Next Door?
The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J. Stanley, William D. Danko. One of the first and most eye opening finance books I read was The Millionaire Next Door. It is a compilation of research into the financial lives of American households with a greater than 1 Million Net worth. Lets take… (0 comment)

Ultimate Stock To Bond Ratio
When it comes to your asset allocation the first and most important decision to make is to determine your ultimate stock to bond ratio. Your asset allocation between stocks and bonds is primarily determined by your risk tolerance. What is risk tolerance – It is the ability to handle a particular size loss in value… (0 comment)

The Importance of Asset Allocation
Today I will be looking at the importance of asset allocation to your portfolio and why it is an important part of any investment strategy. What is asset allocation? Asset allocation is an investment strategy that assists in balancing your risk versus reward by building a diverse portfolio of different asset classes. The allocation will vary… (0 comment)