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Personal Finance

Personal Finance

Innovator ETFs

Last year I wrote a post about weird ETFs I own. I love these products, they allow you to take specific, sometimes exotic, exposures in a simple and cost effective manner (if you know what you are doing). When Michael & Ben in their Animal Spirit podcast interviewed the guy Read more…

By TheItalianLeatherSofa, 4 yearsDecember 20, 2020 ago
Personal Finance

Retire in Progress

I do not remember how I found this blog but I got hooked for several reasons. The writer lives in Switzerland and I am curious to see how another person approaches a country that has multiple idiosyncratic aspects, like headline negative inflation but everything that costs triple compared to any Read more…

By TheItalianLeatherSofa, 4 yearsDecember 13, 2020 ago
Personal Finance

A barbell approach to FIRE

The great majority of posts about strategies to F.I.R.E. focus on the single individual, you. What if you are in a couple? Trying to force a particular lifestyle into anyone is a recipe for disaster but at the same time I do not think that someone frugal is going to Read more…

By TheItalianLeatherSofa, 5 yearsNovember 9, 2020 ago
Personal Finance

Compounding and lessons learned

This post from Morgan Housel provides me a good introduction to discuss a thought I have in my mind since a while. I started trading and investing quite early, at least early for an Italian in the ’90s: very few that took the university path cut ties with their family Read more…

By TheItalianLeatherSofa, 5 yearsOctober 25, 2020 ago
Personal Finance

How passive is Passive Income?

Few things recently happened that made me (re)think about the concept of passive income. The Italian stock broker I use since forever decided I cannot trade anymore multiple US listed ETFs, some of which I already own, because…of a regulation dated 2014? Apparently if under MiFid you are classified as Read more…

By TheItalianLeatherSofa, 5 yearsSeptember 13, 2020 ago
Personal Finance

You do not invest in a business, you invest in people

Before joining my current company I worked a couple of years for a cruise liner. When I started, my boss explained to me how great of a business it was. Demand for cruises was steadily increasing every year and was forecasted to increase even more by the newly minted Chinese Read more…

By TheItalianLeatherSofa, 5 yearsJuly 24, 2020 ago
Personal Finance

Scott Galloway is a terrible stock picker

Is he? And if he really is, should we care? Let’s start from the beginning: if you do not know Scott, google him, so you will be up to speed. Full disclosure: I like him and I read all his books; I think that this could make me biased but Read more…

By TheItalianLeatherSofa, 5 yearsJune 22, 2020 ago
Personal Finance

Robinhood and Me

After my daughter was born my life changed in my ways, one of which is that I started to hang out (when COVID-19 allows) almost exclusively with other first time parents. It happened seamlessly, like when you are a teen and stop playing games and start to be interested in Read more…

By TheItalianLeatherSofa, 5 yearsJune 14, 2020 ago
Personal Finance

Financial Coaching

I am not in love with my job but I like it. I do not wake up every Monday morning with a smile on my face but I think that 70% of what I do is at least interesting. My wife works in fashion and has to reinvent herself every Read more…

By TheItalianLeatherSofa, 5 years ago
Personal Finance

The Last Dance

This is week I saw the price of oil going negative…and it was not the most incredible thing I watched. There is this new doc on Netflix called The Last Dance (from now on TLD), which you probably saw if you are a basketball fan and should watch if you Read more…

By TheItalianLeatherSofa, 5 yearsApril 26, 2020 ago

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