I recently watched a video made by an Italian content creator on Safe Withdrawal Rates and Sequence of Return Risk (even if I do not think he formally mentioned the two definitions ever). The video is done well and, as a bonus, the author shares his Python code so that Read more
I should definitely learn to save links when I read something interesting, especially if I plan to use the material later. I think (I think) Byrne Hobart, the author behind Capital Gains, some months ago wrote that moving from one location to another to do the same job is a Read more
A year ago I introduced The Italian Leather Sofa model portfolio. The main goal was to put my money where my mouth is…even if, back in the day, it was only virtual money. In fact, the model portfolio is built using US-listed ETFs, and EU financial regulation prevented me from Read more
Ok, the title of this post feels a bit thrashy but stay with me for a minute. In the end, it might be really that simple. I spent a couple of weeks working on a video about leverage with Giovanni (the final result is here, unfortunately it is in Italian). Read more
I left Italy shortly after I got my first real job, say a couple of years. Up to that point, I had opened an online saving account and an online brokerage account: that was my only connection with the “banking” world. My only interaction with a physical bank was when, Read more
Shortly after I moved to Zurich with my family, we went to visit my wife’s sister that also lives in Switzerland. While chilling on the couch on a rainy Saturday, I started to rant to my brother-in-law about the fact that I had to stash more than 11k in a Read more
The good news: I finally managed to buy US-listed ETFs (in a 100% legit way. I have a cousin who pretended to live somewhere by photoshopping utility bills to bypass regulations/restrictions; amazingly, he never encountered any issue by willingly taking “risks” that his local Regulator deemed to be too big Read more
Working with, and now also writing about, investing stuff necessarily exposed me to things that I do not understand. Not because they are complicated (there are but they are not the topic of this post) but because they are stupid. At least for me. As Matt Sperling would say, “I Read more
A little bit more than a year ago, Andrea invited me to participate in his InCassaforte podcast after we had a brief exchange on Twitter on why it was reasonable or not to invest in bonds when rates are at zero or negative. This morning (which might not be your Read more
In April 2022, I introduced on this blog The Italian Leather Sofa Model Portfolio. As a reminder, here is the portfolio composition: The idea behind the portfolio is stolen from here. The link offers the best explanation to what I think is the most common question related to it, i.e. Read more