Tag Archives: investment

How to become a Millionaire (Quarantine Edition)

One of my more popular posts is the one on how to become a millionaire. It has helped hundreds of readers to fulfill their dream! But what now, in times of the Corona crisis? When we can’t go to work, … Continue reading

Posted in Economics | Tagged , , | 9 Comments

Twitter share price below IPO price

Less than two years ago, when Twitter went public, I was the lone voice warning you against buying their shares. Then the share price initially went up like a rocket and I didn’t get a show on CNBC. Now however, the … Continue reading

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How to become a Millionaire

I don’t know why so many people are obsessed with becoming millionaires – or of those who already are, with becoming billionaires. I don’t get the point of collecting more wealth than you can spend. But oddly enough, without striving … Continue reading

Posted in Economics, Travel | Tagged , , , , | 26 Comments

Don’t buy Twitter shares!

A few friends of mine in California calling themselves “Twitter“ asked me if I want to buy 70 million of their shares at 26 $ a pop. I did a quick calculation and noticed that I don’t have enough money. Because of … Continue reading

Posted in Economics, Technology | Tagged , , , , | 9 Comments

Most Important Investment Advice # 3

After the success of the first and second part of my investment advice series, here is the third most important investment advice: Don’t save anything for retirement. You have no idea if your now will even like the kind of … Continue reading

Posted in Economics | Tagged , | 7 Comments

The Second Most Important Investment Advice

My second most important investment advice: Don’t save anything while you are married. When you get divorced, your wife will take half of it. Most of the rest will go to lawyers. Don’t forget to have a look at my … Continue reading

Posted in Economics, Law | Tagged , , | 5 Comments

Don’t buy Facebook shares!

A few friends of mine in California calling themselves “Facebook” asked me if I want to buy 421 million of their shares at 38 $ a pop. I did a quick calculation and noticed that I don’t have enough money. Because … Continue reading

Posted in Economics, Facebook, Technology, USA | Tagged , , | 17 Comments

The Most Important Investment Advice

My # 1 investment advice: If you still have money left when you die, you have done something wrong. Also consider advice # 2 and # 3.

Posted in Death, Economics | Tagged , | 9 Comments

Geographical Diversification of your Investments

This morning while cycling to the library, I was listening to a podcast of Money Box, a BBC radio show. This particular show was about investment advice and the whole panel recommended to split your investments in equities (shares or stocks) at around 50 to … Continue reading

Posted in Economics, UK | Tagged , , , , , , | 2 Comments