by elmads Introduction “Bubbles, bright as ever HopeDrew from fancy – or from soap;Bright as e’er the South Sea sentFrom its frothy element! … See!—But hark my time is out —Now, like some great water-spout,Scaterr’d by the cannon’s thunder,Burst, ye bubbles, burst asunder!” — Thomas Moore In the modern English Read more…
by elmads Introduction Budgeting our hard-earned money can be a challenging task, especially for those who are new to the practice. The transition to a spending plan-conscious lifestyle may take time, similar to the commitment required for exercising and maintaining a healthy diet. The level of success we can achieve Read more…
by elmads Introduction A recession is defined as two consecutive quarters of negative economic growth. A lot of things can cause this, such as supply and demand shocks like during the 1970s (oil crisis) and the 2020 Pandemic (global economic shutdown), financial overleverage and panics (the US panic of 1907 Read more…
by elmads Introduction “You have to understand the past to understand the present.” -Carl Sagan A lot of financially successful individuals always share with everyone the importance of investing in assets that have value and will appreciate over time. They say that it is a prudent and strategic path to Read more…
by elmads Introduction Have you met or know anyone who is a part of the FIRE movement? I haven’t, but by reading about it, I personally perceive that the individuals who follow the FIRE principles have one common trait, and that is frugality. FIRE is an acronym for Financial Independence Read more…
by elmads Introduction Markets are gathering places for people to trade. People with different personalities and interests transact in one place, or in today’s world, it is the digital investment market via the web by using investment platforms. Despite our individual differences, there is still one commonality among all market Read more…
by elmads Introduction “An asset allocation plan is based on your personal circumstances, goals, time-horizon, and need and willingness to take risk.” – Michael LeBoeuf I mainly break down my portfolio based on my brokerage investment accounts. Some investors prefer to only use one account to manage their holdings efficiently Read more…
by elmads Introduction “The secret to global investing is gaining an insight into the hopes and desires of the people who live and work in the countries you invest in.” – Mark Mobius The world of equities is a system of owning a piece of a business run by individuals Read more…
by elmads Introduction We had a wild 2022. At the start of the year, the full reopening of the world economy was the highlight. It spurred excitement and joy for everyone. People immediately travelled to other places, to other countries, visited their family members, went for a hiking, enjoyed nature, Read more…
“Reports are more of a medium of self-discipline than a way to communicate information. Writing the report is important; reading it often is not.” -Andrew S. Grove Introduction I’ve disciplined myself to always take accountability and responsibility on handling my finances. Accumulating the knowledge, honing the skills, applying the two Read more…