I read a post from Ben Carlson about lifestyle creep and had a few thoughts. Mainly two, to be exact. “Feeling rich” and “being worried about money” are emotions, therefore exist because everyone is also exposed to the opposite. Can you know what happiness is if you have never been Read more
Does an asset intrinsic risk/return profile change based on where I sit? Let’s start with an example. I live In Switzerland with my best friend. He is a really good sports bettor and he generates rather stable returns out of this passion. We are good friends and he let me Read more
Index: a sign or measure of something I have been reading complaints about market capitalisation-weighted indexes for a while. The latest reason is the over-exposure of the World Index to the US stocks…according to European investors; because if you ask Americans, there is never enough US stuff you can put Read more
This post is a behind the scene compendium of my first (?!?) guest post on BankerOnWheels.com; or…whatever did not make the cut there but I did not want to throw it away (I wrote it while on holiday so it would have been double the waste). You can definitely read Read more
Taxes are a thorny topic to cover, even for a finance blog. A 1% saving on taxes equals 1% more in (net) returns, and we all know how hard is to increase returns even by just 1%. But taxes serve a social purpose: they are used to run schools and 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
I do not remember how and when I discovered HonestMath.com, it must have been on Twitter. Talking about Twitter, I fool myself all the time by thinking I can use it like a sort of RSS feed: someone posts a nice link, I go and read it. It happens very Read more
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