Ideas on Personal Finance
The simple difference between working for money and having money work for you can be the difference between being poor or becoming wealthy! In the first case (working for money), people work to earn money every month. But after earning money, they proceed to summarily spend it by the end of the month. So they … Read more
A hilarious quote, but also astute. Often I have bought a stock thinking that I am getting a bargain and the price will go up. But if I was honest with myself, there were only a few times when I had done my homework and analysis about the company. The rest of the time, I … Read more
A great quote about investing from a legendary investor. Buffett is considered a legendary investor because he has the right temperament (amongst many other things). So he was really able to ‘buy low and sell high’. On the other hand, I have tried to make money by buying and selling shares – but have not … Read more
The quote on patience from the legendary investor Warren Buffet is funny, but I have found it to be true on my Financial Independence (FI) journey. When I started on my FI journey, I used to trade a lot. I used to buy and sell shares often. All in the hope of making a huge … Read more
After reaching Financial Independence, I am investing for Early Retirement in a low-cost portfolio that is conservative but also has some room for growth. Investing for Early Retirement: Safety First Rule Number One: Never Lose Money.Rule Number Two: Never Forget Rule Number One.Warren Buffett The above quote from the legendary investor Warren Buffett is funny … Read more