FOR BEGINNERS

A logical starting point for a personal financial plan, a budget, or an investing plan, is determining one’s own financial objectives. This means asking oneself – what do I aim to achieve with a given financial decision, or what am I investing for? When people hire financial advisors, one of the key pieces of information […]

Exchange-traded funds were introduced in the early 1990s in Canada and the US, and in Europe in 2000. They have experienced impressive growth due to their attractive features, relatively low costs, transparent structure, and thanks to the fact that they offer a range of exposures. But since the ETF space has expanded so much, it

There are several well-known and widely used personal budgeting methods, all of which can be useful and have their advantages in certain situations, as well as flaws. I have personally tried and recommended the majority of them but have found that one of them is undeniably best suited to those who put achieving their financial

Platitudes rarely help, and yet, you can see them everywhere, even professional financial advisors say them. But what regular individual investors – especially beginners – need to know are real, practical principles for handling their investment portfolios. Fortunately, the most knowledgeable and successful people in the field have provided us with timeless advice that any

If you only consult social media accounts or influencer advice about personal finance topics, you will often notice that the predominant suggestion is “Ignore everything macro” or “Macro does not matter if you are a long-term investor”. This is, unfortunately, a fallacy. Global macroeconomic developments can have a quite significant impact on individual investors’ portfolios

When you are investing, you are exposing yourself to a variety of risks – some of which you can foresee, characterize and even try to estimate in advance. This gives you an advantage because you can prepare and find ways to protect yourself. But others will inevitably be unpredictable and maybe impossible to quantify in