Financial Advice Archive
Posted on July 24, 2019
The golden rule of saving money for retirement? We wrote about the 10% rule just last week. But what should you do with that money? That’s a different question, so let us walk you through some other (almost) universal truths!
Posted on July 17, 2019
“How much money should I save?” – the age-old question that is becoming more and more important as we get older. Now a new study gave us a super easy answer: 10% of your salary. That’s the amount that you should save every month to cut the chances of running out of money while retired. Let’s see why!
Posted on February 27, 2019
Have you ever heard stories about self-appointed brokers losing the savings of their clients with day-trading? So did we, and the internet is also full of these stories. Why is trading so much more risky than portfolio management? Especially with non-professional self-made brokers? We have the answers for you!
Posted on January 30, 2019
Individual investors tend to sell their assets low and then reenter the market when prices are high. Some weeks ago, we promised to show you how this emotion-driven behavior can hurt investors. Now the time has come: this post explains the serious consequences of not having discipline and exiting (then reentering) the market at the wrong times.
Posted on December 16, 2018
During this time of the year we think about the future more. Pension is one of the most important things when it comes to our future. Planning it as best as we can has a high importance, too. Especially when pension systems have serious problems around the world. We have some tips on what to focus on when planning ahead.